Can I actually get a payday loan in Dover, Delaware? | finder.com

Compare your loan options in Dover, Delaware

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Here’s what you need to know before you apply for a short term loan in Dover.

Short term loans, also referred to as payday loans and cash advances, might be an option you’re considering if you’re low on cash, looking to borrow a small amount and don’t have the best credit history. If you’re thinking about getting a Dover short term loan, go through this guide before you submit your application.

OppLoans Installment Loans

OppLoans Installment Loans
  • Easy online application
  • Quick approval
  • Fast funding
  • Long repayment terms

OppLoans Installment Loans

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

  • Minimum loan amount: $500
  • Maximum loan amount: $5,000
  • Turnaround time: 1 business day
  • Loan term: 9 to 36 months
  • Must have direct deposit and meet minimum income requirements
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Are payday loans legal in Dover?

Yes, payday loans in Dover, DE are legal. All payday lenders operating out of this city have to adhere to Delaware Code Title 5 2227 et seq. These regulations also apply to payday lenders that provide online loans to residents of Dover.

Consider these lenders for a short term loan in Dover

Check the websites of any providers you’re interested in to confirm they operate in your state of residence.

Rates last updated December 15th, 2018
Unfortunately, none of the short term loan providers currently offer loans in your state. Learn more about short term loans in your state to find an alternative.
Name Product Product Description Max. Loan Amount Turnaround Time Requirements
CashUSA Installment Loans
A connection service for quick cash loans up to $10,000.
$10,000
As early as 1 business day
Must have a monthly income of $1,000+ after taxes and valid checking account.
Jora Installment Loans
Installment loans with repayment terms up to 30 months, depending on your state.
$2,600
1–2 days
Must have an active checking account, regular source of income and email address.
OppLoans Installment Loans
Installment loans with competitive rates from a top-rated direct lender.
$5,000
1 business day
Must have direct deposit and meet minimum income requirements
CashNetUSA Loan
Apply for a short-term loan with an easy online application and dedicated customer service.
Varies by state
1 business day
You must be a US citizen or permanent resident, be at least 18 years old and have regular income and a bank account.
LendYou Short-term Loans
Apply online with this loan-connection service offering unrestricted short-term loans with fast turnaround.
$15,000
1 business day
You must be a US citizen or permanent resident, age 18+ and have a regular income.
Check into Cash Payday Loan
With 1,000 branches in 30 states, get $50 to $1,000 in days from this direct lender.
$1,000
1–2 business days
You must be at least 21 and an American citizen and have a bank account, email address and phone number.
ACE Cash Express Short-term Loans
Quick payday, installment and title loans with no prepayment penalty and a 72-hour satisfaction guarantee. Funds can be loaded on an ACE Elite™ Visa® Prepaid Debit Card.
Varies by state
Generally receive the money the next business day
Must be 18+ years old, have a steady source of income and a checking or savings account. Must not be a debtor in bankruptcy.

Compare up to 4 providers

Why a short term loan in Dover might work for you

  • Quick and easy process. Applying for a typical Dover short term loan should take no more than a few minutes. With an in-store application, you can get the money you need almost as soon as the lender approves your loan. With online short term loans in Dover, the money is usually transferred into your checking account the next business day.
  • Bad credit is okay. Poor or bad creditworthiness does not have to get in the way of your getting a short term loan. What’s important is that you have a regular source of income and can demonstrate an ability to repay the loan.
  • Use money for different reasons. What you do with the money you get from a Dover short term loan is basically up to you. For example, you can use it to pay bills, buy groceries or repair your car.

Is there any protection when taking out a short term loan in Dover?

  • Loan amount. The maximum you can borrow through a Dover payday loan is $500. While you can take out multiple payday loans, the maximum you can owe through multiple payday loans at any given time cannot exceed $1,000.
  • Restrictions on rollovers and multiple loans. You can rollover a short term loan in Dover up to four times and state payday lending laws don’t allow you to take more than five payday loans in a 12-month period. This includes instances of rollovers and refinancing. This can help protect you from getting into unmanageable debt.
  • Loan term. The maximum loan term for payday loans in Dover is 60 days, giving you a lengthy amount of time to repay what you owe.

Cindy missed three weeks of work

woman-sneezing-imageCindy had to stay home from work for over three weeks because she was ill. She didn’t receive any pay during that time. This, coupled with the unexpected medical expenses, left her needing some extra money in a hurry. While she had returned to work, her next payday was a couple of weeks away. Her poor creditworthiness stopped her from applying for a personal loan. On the suggestion of a friend, she decided to get a short term loan.

She looked at online lenders and found one that suited her needs. She had her documents in order, and the lender approved her application for a $500 short term loan. She agreed to repay the entire amount in 28 days, through a single payment. The loan contract stated that she would have to pay an APR of 391.07%. This brought the fees to $150.

She inputted her checking account details on the lender’s website so they could withdraw the funds on the due date. With that, Cindy paid her loan off in full without any extra fees.

Ready to apply? Here’s how to submit your application

An easy way to apply for a short term loan in Dover is to submit an online application. Alternatively, you can visit a payday lender’s store in your area. Eligibility criteria differs between lenders, but generally you have to be: have to meet these eligibility criteria to apply:

  • You are over 18 years old
  • You are an American citizen or a permanent resident of the US
  • You have a steady source of income
  • To apply online, you should have an operational checking account

In order to complete the application successfully, you’ll have to provide some basic information:

  • Your name, home address, email address and phone number
  • Your date of birth, social security number and details from an acceptable form of identification document
  • Your employer’s name, address and phone number
  • Details about your income
  • If applying online, your bank account details

Short term loans in Dover, Delaware

Short term loan offices in Dover

Finding providers of short term loans in Dover, DE is easy. If you want to apply by visiting a storefront, here are some of your options:

  • Advance America. 264 S Dupont Hwy, Dover, DE 19901
  • American Finance, LLC. 4200 N Dupont Hwy #3, Dover, DE 19901
  • Cash Plus. 429 S New St, Dover, DE 19904
  • Check ‘n Go. 283 N Dupont Hwy B, Dover, DE 19901
  • Instant Payday Loans. S State Street
  • E Z Cash of Delaware. 1030 Forrest Ave #122, Dover, DE 19904
  • E Z Loans. 229 Stadium St, Smyrna, DE 19977
  • Loan-Till-Payday. 178 N Dupont Hwy, Dover, DE 19901
  • Minute Loan Center. 510 N Dupont Hwy #4, Dover, DE 19901
  • TJM Financial Group. 738 N Dupont Hwy, Dover, DE 19901

Where else are payday loans available?

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US Payday Loans Offers

Important Information*
CashNetUSA Loan

Apply for a short-term loan with an easy online application and dedicated customer service.

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.

LendYou Short-term Loans

Apply online with this loan-connection service offering unrestricted short-term loans with fast turnaround.

Go to site