Pennsylvania

Compare your loan options in Pennsylvania

Although you may be considering a payday loan in Pennsylvania, you may need other options

If you’re short on cash, a payday loan might have crossed your mind. Although Pennsylvania law doesn’t allow payday, there are plenty of other options you can consider. Read our guide for more.

Are payday loans legal in Pennsylvania?

No. Under 63 Penn Stat. Ann. § 2325, check cashers are prohibited from lending short-term loans.

Lending is regulated by the Consumer Discount Company Act, 7 Pa. Cons. Stat. §§ 6201 et seq. The small loan rate is capped at $9.50 per $100 in interest per year with a service charge of $1.50 per $50.

You might want to consider an installment loan

Rates last updated November 20th, 2017
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
OppLoans Installment Loans
Installment loans with competitive rates from a top-rated direct lender.
$4,000
9 to 36 months
1 business day
Open only to residents of AL, CA, DE, GA, KS, ID, IL, MO, MS, NV, NM, OH, SC, TN, TX, UT, VA and WI. Must have direct deposit to demonstrate sufficient monthly income.
Slam Dunk Loans
Potentially get approved for a short-term loan through this lender-connection service, even with poor credit history.
$2,500
Varies by lender
As soon as next business day
Must be employed, receive regular income, earn at least $800 a month, have a checking account, be 18+ yrs old and a US citizen.
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.
Blue Trust Loans Installment Loans
Get an installment loan from an online tribal lender. Perks for returning borrowers.
$2,000
6 months
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.
HonestLoans Installment Loans
Get a flexible installment loan with fast funding through one easy online application form.
$2,500
Varies by lender
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.
MoneyKey-arranged or MoneyKey Installment Loan
*Apply for money when you need it and receive your funds in as quickly as one business day.
$1,000 (unless otherwise stated)
Varies by state
1 business day*
You must be a permanent US resident or citizen, at least 18 years old, and have regular income.

Compare up to 4 providers

Here are some other options for residents of Pennsylvania

While you can’t get a payday loan in Pennsylvania, there are other ways to get money. Before you borrow, consider checking out state programs like Temporary Assistance to Needy Families (TANF) or Low-Income Home Energy Assistance Program (LIHEAP). These can help you pay down your normal bills while you work on getting control over your debt.

  • Debt consolidation loan. If you have multiple loans out at once, you can apply for a debt consolidation loan. Rather than making multiple payments with varying interest rates, you’ll make one payment with a single, usually lower, interest rate. It should help save you money in the long run.
  • Negotiate with your creditors. When you’re unable to afford a payment, consider contacting your creditors and requesting a lower monthly payment. Creditors want to get paid and will often be willing to work with you to make this happen.
  • Seek credit counseling. A credit counselor can be a good way to get a handle on your debt and learn important financial skills. There are many free services out there to help so give a few a call.

We have even more alternatives to payday loans listed here

Bottom line

While you can’t get a payday loan in Pennsylvania, you still have other options that can help you out during a financial crisis.

Have any more questions about Pennsylvania loans?

You can contact the Pennsylvania Department of Banking.

No. Out-of-state lenders cannot legally provide payday loans to residents of Pennsylvania.

No. Like payday loans, title loans are illegal in Pennsylvania due to the high interest rates.

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6 Responses

  1. Default Gravatar
    DanielNovember 11, 2017

    Is there a cash advance office in Pennsylvania with a John Williams working there?

    • Staff
      renchcruzNovember 11, 2017Staff

      Hi Daniel,

      Thanks for your inquiry. Please note that we are not affiliated with any company we feature on our site and so we can only offer you general advice.

      You can have a look at this page for Cash Advance Loans. Please click the name of your preferred lender to find out the details and the minimum eligibility. You may then click the green “Go to Site” button to submit your loan application online.

      Kind regards,
      Rench

  2. Default Gravatar
    AmarpreetSeptember 14, 2017

    I need Parsnal loan.i am on duty

    • Staff
      ArnoldSeptember 14, 2017Staff

      Hi Amarapreet,

      Thanks for your inquiry

      You may check all personal loans provider in our panel here.

      Please do not forget to check the eligibility requirements before you apply for the loan.

      Hope this information helps

      Cheers,
      Arnold

  3. Default Gravatar
    AngelaAugust 15, 2017

    I need emergency cash,no job and already have debit card, in process moving out of state and need cash for medical emergency

    • Staff
      AnndyAugust 15, 2017Staff

      Hi Angela,

      The lenders on this page may consider you for a loan even if you are currently unemployed. Generally, lenders will require you to have a bank account to apply for a loan, but some of the lenders on the page may consider you even if you don’t have a bank account but is able to get a debit card.

      Kindly review the eligibility criteria and the terms and conditions of the loan before submitting your application to know which is more suitable for you.

      Cheers,
      Anndy

US Payday Loans Offers

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Slam Dunk Loans

Potentially get approved for a short-term loan through this lender-connection service, even with poor credit history.

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Check into Cash Payday Loan

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OppLoans Installment Loans

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