Payday loans in Providence, Rhode Island |

Compare your loan options in Providence, Rhode Island

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money.

If you need extra money to see you through the next couple of weeks, a payday loan might be able to help.

Whether an unexpected expense came up or you had to take unpaid time off from work, there are plenty of reasons you might have to need money. Residents of Providence can go through this guide to find out how payday loans work and if you should invest in one.

CashNetUSA Loan

CashNetUSA Loan

Get a convenient payday loan, installment loan or line of credit with fast funding, depending on your state of residency.

  • Loan Amount: Varies by state
  • Turnaround Time: As soon as 1 business day
  • Simple online application
  • No hidden fees or paperwork
  • Dedicated customer service
  • Confidential and secure

    What laws affect payday loans in Providence?

    All payday lenders with operations in Providence have to abide by the Rhode Island Statutes Title 19 Chapter 19.14.4-1 et seq. These regulations also apply to out-of-state lenders that provide online loans to residents of Providence.

    You can borrow up to $500 with a minimum term of 13 days in the state of Rhode Island. Lenders may only charge a financing fee of $10 per $100 of the loan.

    Learn more about payday loan laws in Rhode Island here

    How much it will cost you to borrow a payday loan in Providence

    Since payday lenders can only charge $10 per $100 you borrow, calculating the potential cost of your loan is simple. Of course, this doesn’t include any database fee or other charges a lender might charge you.

    If you borrow $500, for instance, the financing fee will be $50. This means you’ll need to pay $550 at the end of your loan term.

    Before you sign your loan contract, read it carefully to be sure you know the exact costs. Lenders are required to provide this information, and if you don’t like your loan terms, you aren’t required to accept the contract.

    Compare your online payday loan options below

    Rates last updated August 17th, 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
    LendYou Payday Loans
    Apply online with this loan-connection company offering unrestricted short-term loans at high maximums — fast turnaround.
    1 business day
    You must be a US citizen or permanent resident, age 18+ and have a regular income.
    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.
    Check into Cash Payday Loan
    With 1,000 branches in 30 states, get $50 to $1,000 in days from this direct lender.
    1–2 business days
    You must be at least 21 and an American citizen and have a bank account, email address and phone number.
    Jora Installment Loans
    Installment loans with repayment terms up to 30 months, depending on your state.
    1–2 days
    Must have an active checking account, regular source of income and email address.
    ACE Cash Express Payday 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.
    With straightforward, simple qualifications, these loans offer easy approval for people with poor credit.
    Depending on lender requirements, people from all 50 states may not be eligible for a personal loan.
    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.
    generally receive the money the next business day
    Be 18+ years of age and have a checking account that can accept electronic transfers.

    Compare up to 4 providers

    Why you might want to consider a payday loan in Providence

    • Solid minimum loan term. Since you have at least 13 days to pay back your loan, you won’t have to scramble to make a payment after only a handful of days.
    • Bad credit is accepted. If you approach a bank or a credit union for a loan, bad credit could make it difficult to get approved for a loan. Payday loan lenders tend to place less weight on your credit and focus more on your ability to repay the loan.
    • Multiple ways to get a loan. Several payday lenders have offices in and around Providence, so finding one in your vicinity should be easy. If you’d rather apply online, you can compare your options above to find the right lender for you.

    Ali has to pay for physical therapy out of pocket

    payday loan providenceAli had to go through physical therapy to treat a sports injury. Unfortunately, his health insurance didn’t cover it so he had to pay for it himself. Having spent all his savings on the treatment, he found himself short on funds and needed extra money to get by until his next payday. He didn’t have a credit card, and getting a personal loan wasn’t an option because of his poor credit history.

    He applied for a 14-day $450 payday loan through an online lender. The lender took his regular income and employment into account and approved his application. According to the contract, Ali had to pay a finance charge of $45 towards the loan.

    On the due date, the lender withdrew $495 out of Ali’s checking account to successfully repay the entire loan balance.

    What you’ll need to apply for a payday loan in Providence

    Before you apply, you’ll need to

    • Be at least 18 years old
    • Be a citizen or a permanent resident of the US
    • Have a steady source of income

    Having a successful application requires that you supply some basic personal information, including

    • Your personal information like your name, date of birth and Social Security information
    • Your contact information like your address, email and phone number
    • Your employment information like how long you’ve been working and your employer
    • Your income gross monthly income
    • Your bank account details (if applying online)

    A map of payday lenders located in Providence

    Payday loan offices in Providence

    If you want to apply for a payday loan in Providence by visiting a store, here are some of your options:

    • Advance America. 361 Reservoir Ave., Unit B-2, Providence, RI 02907
    • Capital Good Fund. 22 A St, Providence, RI 02907
    • Check ‘n Go. 112 Douglas Ave Ste 101, Providence, RI 02908
    • Empire Loan of Providence. 1271 N Main St, Providence, RI 02906
    • Quick Cash Providence. 967 Westminster St, Providence, RI 02903

    To take advantage of the convenience of applying for a loan online, check out the online lenders in our comparison table above.

    Frequently asked questions

    Was this content helpful to you? No  Yes

    Ask an Expert

    You are about to post a question on

    • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
    • is a financial comparison and information service, not a bank or product provider
    • We cannot provide you with personal advice or recommendations
    • Your answer might already be waiting – check previous questions below to see if yours has already been asked

    Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our and .

    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.

    Go to site