Can I actually get a payday loan in Atlanta, Georgia? |
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Trying to figure out if an Atlanta payday loan is right for you? Check out this guide before you apply.

If you’re short on cash and looking to borrow a small amount, you may be considering a payday loan. This guide takes you through the legality of Atlanta payday lending, as well as alternative options.

Are payday loans legal in Atlanta?

Georgia payday laws concern the lending of small loans in Atlanta. According to Georgia Codes 16-17-1 et seq. (crimes and offences), 7-3-14 et seq. (industrial loans) and 80 3-1.02(7) (company rules and regulations), providing payday loans to residents of this state is illegal. In 2004, the state passed a resolution that made payday lending a felony. These laws apply to both storefront and online lenders.

State laws place a small loan annual percentage rate (APR) cap of 16%. Since this is considerably lower than the triple digit APRs that payday lenders usually charge, getting legal payday loans in Atlanta, GA is not really possible.

What other borrowing options do I have in Atlanta?

  • Installment loans. You can get an installment loan if you have poor credit history, provided you have a regular source of income. You’ll have to meet some other basic eligibility criteria as well. In order to repay the loan you need to make periodical payments according to a predetermined payment plan.
  • Auto title loans. Getting an auto title loan requires that you use the title of your automobile as collateral to secure the loan. How much you can borrow largely depends on the value of your automobile. Since you’re providing security, you can apply with poor creditworthiness.
  • Credit cards. If you’re planning on making a purchase, you could look into a credit card that has an introductory period with low or no-interest.
  • Balance transfers. Looking into transferring your debt using a balance transfer credit card could be helpful if you’re struggling to make payments. This could get all of your outstanding balances into one place, potentially with a lower interest rate.
  • Tribal loans. You may still have the option of getting a payday loan if you go through a tribal lender. Since these lenders are based on tribal land, they are considered a sovereign entity and are able to abide by their own laws.

8 payday loan alternatives to consider if you need cash

Installment loans you could apply for

Installment loans allow you to pay back your loan in fixed payments over a set period of time. There are lenders that offer this type of loan to borrowers with less-than-stellar credit, as long as they meet other eligibility criteria. Installment loans are similar to payday loans in that they have very high interest rates, and therefore risk to consider before you apply.

Rates last updated October 19th, 2018
Name Product Max. Loan Amount Term of Loan Turnaround Time Costs
OppLoans Installment Loans
9 to 36 months
1 business day
99%–199%, varies by state.
CashUSA Installment Loans
90 days to 72 months
As early as 1 business day
Jora Installment Loans
4–30 months, varies by state
1–2 days
CashNetUSA Loan
Varies by state
Varies by state
1 business day
Varies by state of residency.
LendYou Short-term Loans
1 business day
Depends on your credit score and state of residency
Blue Trust Loans Installment Loans
6 months
As soon as next business day
Slam Dunk Loans
Varies by lender
As soon as next business day

Compare up to 4 providers

What if I can’t get a loan or credit card?

If traditional forms of credit haven’t worked out, or they aren’t right for you, there are some other options. Here are a few you can look into:

  • Borrow from people you know. You may be able to request an advance from your employer, or get a loan from friends or family.
  • Talk with community organizations. Non-profit financial cooperatives and community credit unions may have options for small-amount loans if you meet their eligibility criteria.
  • Talk to your creditors. Ask about arranging a payment plan or getting more time.
  • Local social services. Look into public services for assistance with heating costs, food and housing.
  • Pick up side work. Looking for side jobs, selling things online with a service like eBay or LetGo, or signing up to drive with a company like Uber are some of the many ways people get extra cash when they’re in a bind. It’s a great alternative to getting a loan or credit card because there’s nothing to repay.

In which states are payday loans legal?

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US Payday Loans Offers

Important Information*
Slam Dunk Loans

Potentially get approved for a short-term loan through this lender-connection service, even with poor credit history.

LendUp Payday Loans

LendUp offers $250 loans for first-time borrowers. Good credit is not required. Visit the site to see if available in your state.

Check into Cash Payday Loan

With 1,000 branches in 30 states, get $50 to $1,000 in days from this direct lender.

OppLoans Installment Loans

Installment loans with competitive rates from a top-rated direct lender.

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