Payday loans in Richmond, Virginia | finder.com
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Compare your loan options in Richmond, Virginia

Find out the important information you need before taking out a payday loan in Richmond.

Whether it’s an emergency repair or just making it through to your next paycheck, there are options to help you navigate the rocky waters of financial instability. A payday loan in Richmond can give you an easy way to access quick credit, but it does come at a cost. If you’re thinking about applying for one, read this guide to find out what’s involved.

Check into Cash Payday Loan

Check into Cash Loans

Check into Cash allows you to directly apply for a payday loan and have your cash when you need it.

  • Min. Loan Amount: $50
  • Loan Term: Varies by state
  • Turnaround Time: 1–2 business days
  • Total Costs: Varies depending on the amount and your state of residency.
  • Must be 18+
  • No security needed
  • Confidential and secure

    How much can I borrow in Richmond?

    Payday loans in Richmond follow the laws of Virginia. All payday loan lenders have to follow the Code of Virginia Title 6.2 Chapter 18. The same laws also apply to out-of-state lenders that want to provide online payday loans to residents of Richmond.

    Under these laws, you can borrow up to $500 for two or more pay periods. However, it’s important to note that payday lending is illegal in the state of Virginia. This means residents of the Richmond can’t go through an online lender to finance their loan.

    What you need to know about payday lending in Virginia

    Why can't I take out an online payday loan in Richmond?

    Online lenders often require that consumers provide access to a bank account for lenders to deposit a loan and to debit the payment when it’s due. Because payday lenders have been known to keep debiting from an account even when there are insufficient funds–causing fees from the lender and the bank to pile up–Virginia legislators have decided to ban the practice of providing online loans. You won’t be able to take out a payday loan online in the state. Instead, you need to visit a physical location.

    Find a lender that offers payday loans in Richmond

    Remember that online lending is illegal in Virginia. You must visit a storefront if you want to take out a payday loan.

    Rates last updated February 25th, 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 Maximum Loan Amount Term of Loan Turnaround Time Requirements
    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.
    $250
    7–30 days
    generally receive the money the next business day
    Be 18+ years of age and have a checking account that can accept electronic transfers.
    CashNetUSA Loan
    Apply for a short-term loan with an easy online application and dedicated customer service.
    Varies by state
    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.
    $1,000
    Varies by state
    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 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
    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 resident of Richmond might want to take out a loan

    • Bad credit is OK. Although lenders are likely to check your credit, it won’t play a huge role in your approval. Lenders care more about your current financial situation than your credit history.
    • Simple application process. It’s easy to fill out a payday loan application, and when you visit a store, there will likely be someone available to help if you have any questions.
    • Use your loan for anything. Whether you need the money for a bills or everyday expenses for a few weeks, you can use your loan funds for anything as long as it’s legal.

    How much a short term loan can really cost you

    Sam’s brother got into a small scuffle and landed himself in jail. Sam didn’t have enough to bail him out, so he decided to take out a payday loan to cover the cost. He visited a storefront and was approved for a $500 loan with a finance charge of $112.

    The loan term lasted four weeks, and Sam was able to walk out of the store with a check he could cash to pay for his brother’s bail. During the term, they both picked up a few extra shifts at their jobs to cover the $612. At the end of the loan period, the lender cashed Sam’s post-dated check for the full amount. It cleared, and Sam was able to avoid any extra costs.

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

    Before you visit a lender, you’ll need to meet some basic eligibility criteria. You’ll have to be at least 18 years old, have a regular source of income and be a citizen or permanent resident of the US.

    When you go to a store, you’ll need to bring proof of your employment, income and identity. Lenders will want your Social Security number and to know how much you make on a monthly basis before issuing a loan.


    Payday loan locations in Richmond, Virginia

    Where to get a payday loan in Richmond

    If you’re looking for short term loan lenders in Richmond that operate out of storefronts, here are some of your options:

    • ACE Cash Express. Southside Plaza, 617 D East Belt Blvd, Richmond, VA 23224
    • Advance America. 6506 Hull Street Rd, Richmond, VA 23224
    • All American Payday Loans. 700 E Main St #707, Richmond, VA 23219
    • Cash-2-U Loans. 6100 Midlothian Turnpike, Richmond, VA 23225
    • Check City. 21 E Broad St, Richmond, VA 23219
    • Check into Cash. 3059 Mechanicsville Turnpike, Richmond, VA 23223
    • Fast Auto & Payday Loans. 2600 E Main St, Richmond, VA 23223
    • First Virginia. 159 E Belt Blvd, Richmond, VA 23224
    • Guaranteed Payday Loans. 8191 Brook Rd, Richmond, VA 23227
    • Quick Payday Loans of Richmond. 3126 W Cary St #722, Richmond, VA 23221

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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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