Payday loans in North Carolina |
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Our guide will tell you everything you need about payday loans in North Carolina

You may be considering a payday loan if you’re facing a financial emergency, but in North Carolina, you’ll have to find another option. Our guide should help point you in the right direction.

LendYou Short-term Loans

For fast cash: LendYou

Find a lender that offers cash advances between $100 and $15,000.

  • Min. Loan Amount: $100
  • Max. Loan Amount: $15,000
  • Turnaround Time: 1 business day
  • Must have regular income of $1,000/month and be a US citizen or permanent resident
  • No collateral needed
  • Bad credit is OK

    Are payday loans legal in North Carolina?

    Payday loans are illegal in the state of North Carolina.

    North Carolina General Statutes 53-281 and the North Carolina Consumer Finance Act N.C. Gen. Stat. 53-173 govern check cashing businesses and prohibit payday lending. Payday loans have been illegal in North Carolina since 2001, but more recent amendments make it nearly impossible for payday lenders to squeeze in through loopholes.

    All lenders in North Carolina are required to comply with the small loan interest cap of 36% APR.

    You may want to consider an installment loan instead

    Be sure to check to confirm a lender operates in North Carolina and abides by the 36% APR cap.

    Rates last updated February 19th, 2019
    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
    OppLoans Installment Loans
    Installment loans with competitive rates from a top-rated direct lender.
    1 business day
    Must have direct deposit and meet minimum income requirements
    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.
    Blue Trust Loans Installment Loans
    Get an installment loan from an online tribal lender. Perks for returning borrowers.
    As soon as next business day
    Must be at least 18 years old and have a verifiable source of income with direct deposit into your checking account.
    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.
    CashUSA Installment Loans
    A connection service for quick cash loans up to $10,000.
    As early as 1 business day
    Must have a monthly income of $1,000+ after taxes and valid checking account.
    LendYou Short-term Loans
    Apply online with this loan-connection service offering unrestricted short-term loans with fast turnaround.
    1 business day
    You must be a US citizen or permanent resident, age 18+ and have a regular income.
    HonestLoans Installment Loans
    Get a flexible installment loan with fast funding through one easy online application form.
    As soon as one business day
    Must be employed and receive regular income, earn at least $800 a month, have a checking account and be an 18+ years old legal US citizen.

    Compare up to 4 providers

    Are there other loan options in North Carolina?

    When you’re struggling mananging your everyday bills, you might not know where to turn. Fortunately, North Carolina has a number of programs that can help you afford normal costs of living. The Crisis Intervention program, Emergency Assistance program, North Carolina Food and Nutrition Services (FNS) and Low Income Energy Asisstance Porgram (LIEAP) all help people when they need it. Before you take out a loan, you can apply for one of these to see if it will help.

    Our page has even more options you can check out

    What are the typical costs of a loan in North Carolina?

    North Carolina law bans small dollar lenders from offering loans with an APR higher than 36%. However, this doesn’t limit the fees and charges you can be charged, so you’ll need to go over your loan contract carefully before you sign to be sure you can afford the total cost–principal and interest–of your loan.

    Have any more questions about North Carolina payday loans?

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    6 Responses

    1. Default Gravatar
      zachSeptember 5, 2018

      if i need a loan of 2800$ and my back olny does auto loans for 5000$ and up can i get the loan use the money and return the rest?

      • finder Customer Care
        JoshuaSeptember 5, 2018Staff

        Hi Zach,

        Thanks for getting in touch with finder. I hope all is well with you. :)

        Generally, the interest rate is charged to the total amount you borrowed and not the money you only used. For this reason, you can use the excess of your borrowed money to pay off your balance. However, you will still need to pay the interest that you incurred from the total amount of money you borrowed.

        Just in case, you might also want to check our car loans for used cars and car loans for new cars.

        I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

        Have a wonderful day!


    2. Default Gravatar
      ShellyAugust 9, 2018

      I got a bigpicture loan. I’m reading all the bad stuff about the company now. What happens if I don’t pay them back? I didn’t know it was illegal

      • Default Gravatar
        joelmarceloAugust 9, 2018

        Hi Shelly,

        Thanks for leaving a question on finder.

        As the lender tries to collect your debt, they continue to try withdrawing from your bank account, using the information you provided. If the money isn’t there, they continue trying, sometime breaking up the loan into smaller parts. This won’t only get you into trouble with the lender, but your bank may also charge you overdraft fees every time your balance is insufficient when the lender attempts to withdraw money.

        And this is when the phone calls start. Lenders and collection representatives will use all of the information you provided — phone numbers at your job, email addresses, and even family members or friends — to contact you for payments.

        For more information about this matter, please click HERE.


    3. Default Gravatar
      TammyJune 21, 2017

      How do I apply for a loan?

      • finder Customer Care
        JasonJune 21, 2017Staff

        Hi Tammy,

        Thank you for your enquiry.

        Please compare your loan options above and click the name of your preferred lender to find out the details and the minimum eligibility of the lender. You may then click the green “Go to Site” button of your preferred lender or loan option to submit your loan application online.

        Please ensure that you meet the eligibility criteria and requirements of the loan option or lender and make sure to read the details, as well as the relevant PDS/ T&Cs of the loan option before making a decision and consider whether the product or option is right for you.

        Kind regards,

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