Pennsylvania Payday Loans and Lenders

Like so many other states that have legalized payday lending, Pennsylvania is busy sewing up all the loopholes that are gaping open in their anti-payday lending legislation. But if you live in Pennsylvania and need a little help making it to your next payday, don’t worry. We can help you out with a variety of other loan programs. Keep reading to find out more.

Pennsylvania Payday Lending Alternatives

If you live in Pennsylvania, you will be highly interested in the alternative loan programs we offer at Payday Today. Some of our more popular programs are our credit cards. personal loans. debt consolidation. and credit counseling. Debt Consolidation is a good long term solution for those who want to lump all their debt under one loan and one interest rate. Personal Loans may be just the ticket for people who need a significant amount of cash to finance some unforeseen purchase. Our credit cards are available to customers with bad credit, and our credit counseling has proven effective for those who wish to change their financial habits.

Pennsylvania Payday Loan laws

Payday lending is not technically legal in Pennsylvania. But as with most states that do not allow payday lending, payday lenders are finding loopholes to wiggle their loans through. The interest rate cap in the state is 26%, but payday lenders rely on their partnerships with their federally chartered, out of state banks to claim they are exempt from this law. Annual interest rates generally amount to about 400% in Pennsylvania.