Payday loans in Springfield, Missouri | finder.com

Compare your loan options in Springfield, Missouri

We know that everyone's situation is unique and we aim to help you find the right product for you. We may receive compensation when you visit our partners' sites or are approved for their products. You can read more about how we maintain editorial independence and how we make money here.

If you’re a resident in Springfield and need some extra money, consider taking out a payday loan.

In Springfield, residents may find themselves needing extra funds from time to time. If you’re in this situation and are considering a short term loan, go through this guide first to find out about payday lending in this city.

LendUp Payday Loans

LendUp Payday Loans

Apply for a payday loan conveniently online and borrow between $100 and $250.

  • Min. loan amount: $100
  • Loan term: 7–30 days
  • Total costs: Depends on your state, loan product, loan amount and the term of the loan.
  • Must be 18+
  • No security deposit needed
  • Confidential and secure
  • Accepting new applications in the following states only: CA, LA, MS, MO, OH, TN, TX, WI

    What Missouri laws impact Springfield?

    Payday loans are legal throughout Missouri. All payday lenders in Springfield have to adhere to Missouri Revised Statutes 408.500 to 408.506. These laws also apply to out-of-state lenders that provide online loans to residents of Springfield.

    You’re able to borrow $500 for terms lasting between 14 to 31 days. Lenders are allowed to charge up to 75% of the full loan amount in the form of fees and interest. This means that every for every $100 you borrow, you may be able have to pay $75 in fees.

    You can learn about Missouri’s laws on our page

    Compare these lenders for a payday loan in Springfield

    Rates last updated June 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 Max. Loan Amount Turnaround Time Requirements
    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.
    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
    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
    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.
    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.
    LoanByPhone Payday and Installment Loans
    This mobile lender offers convenient cash loans. Apply online or by phone.
    $3,000
    1–2 business days
    Must be 21 years old and have a Social Security number, a regular source of income, a valid email address, an active checking account and a phone number.
    BadCreditLoans.com
    With straightforward, simple qualifications, these loans offer easy approval for people with poor credit.
    $5,000
    Varies
    Depending on lender requirements, people from all 50 states may not be eligible for a personal loan.

    Compare up to 4 providers

    Why a payday loan in Springfield might work for you

    • Bad credit is OK. Unlike banks and credit unions, payday lenders don’t base their decision solely on your credit history. They instead base their decision on your current financial situation and employment.
    • Plenty of options. A number of payday lenders have stores in Springfield. In addition, there are multiple lenders that limit their business to the internet, so don’t hesitate compare your rates when looking for a lender.
    • It’s easy to apply. Whether you apply online or in-store, the application process should take no more than a few minutes. You can learn if you’ve been approved within an hour in most cases, and for online applications, you might know in just minutes.

    Cliff needs to get a new fridge

    man applies weekend loanCliff was nearing the end of the month when the fridge in his house broke. He’d already paid his mortgage for the month as well as most of his other expenses, but he couldn’t last another three weeks until his next paycheck with what was left over. He couldn’t use his credit card to pay for the new fridge because it was just about maxed out. Getting a personal loan wasn’t an option because of his bad credit.

    Cliff decided to apply for a $500 payday loan, which would need to be repayed in 21 days on his next payday.

    Cliff set up checking account withdrawals so the lender could debit the payment due on the due date. Along with the principal, Cliff needed to repay $85 in fees. The payment went through as planned, which meant Cliff didn’t owe the lender any more money.

    What you need for a payday loan in Springfield

    You won’t need much when you want to apply. Although all applications are different, you should expect to give the lender your Social Security number, information about your employment and income, your contact information and your checking account details if you apply online.

    Before you apply, remember that most lenders require you to be at least 18 years old, have a regular source of income and be a citizen or permanent resident of the US.

    Payday loan locations near you in Springfield, Missouri

    Payday loan offices in Springfield

    • Jerry’s Payday Loans. 1700 S Campbell Ave g, Springfield, MO 65807
    • Check ‘n Go. 1448 E Kearney St, Springfield, MO 65803

    How much will a payday loan cost?

    If you decide to take out a payday loan of $500 at the maximum rate of 75%, you’ll have to pay back $375–bringing the total cost of your loan to $875.

    Since lenders are required to disclose how much your loan will cost before you sign the contract, read it carefully. The fine print to learn the fees you’ll need to pay.

    Missouri has one of the highest annual percentage rates (APRs) in the country, so keep that in mind when you’re looking for a lender.

    Frequently asked questions

    Was this content helpful to you? No  Yes

    Ask an Expert

    You are about to post a question on finder.com:

    • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
    • finder.com 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 Terms and Conditions and Privacy Policy.

    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