What is a Payday Loan? Jamaica NY

What is a Payday Loan?

What is a Payday Loan?

A payday loan is a short-term loan that is typically repaid on your next payday. This differs from traditional loans, which give you an extended period for repayment in smaller installments and with a longer period of interest payments. With a payday loan you get approved more easily, have greater access, and can get smaller loan amounts than if you went for a traditional or bank loan.

Who Can Use a Payday Loan?

Anyone with an income can apply for and use a payday loan. In general, you must be at least 18 years old and a legal resident in the U.S. You also need to have a bank account for deposit of the funds and repayment. Otherwise, there are very few restrictions on who can use these loans as compared to other kinds of lending.

Who Benefits from Payday Loans?

Most people who work and occasionally struggle to make ends meet between paydays can benefit from these loans. If you live from payday to payday and sometimes run out of the cash needed to pay the bills, buy groceries, or gas up the car these loans can be a big help. You get quick cash, easily, and without the hassle of going through a credit check or going into a bank. So, if time is an issue and you have a busy schedule, you’ll benefit from this quick and convenient loan.

Where Do I Apply for a Payday Loan?

Payday loans are usually available online, although you’ll also find loan and cash advance stores in your community. The online option is most convenient, and many lenders also have a mobile app you can use. All you need to access the application for the loan is a computer or a mobile device, so apply at home, at work, or on the go.

When Can I Get a Payday Loan?

With the online and mobile options for applying, you can get a payday loan whenever you want. Bank and shop hours are limited, and work may prevent you from getting there during business hours. If you use the online application or app you can apply at night, on the weekends, and even on holidays.

How Do I Get Approved?

Getting approved for a payday loan is simple. You need to show you are a legal resident, have a bank account, and have a job. Your income may need to meet a certain minimum, but it is reasonable for most people at about $1,000 per month. Most payday lenders do not require a credit check or a minimum score for approval.

Why Should I Try a Payday Loan?

There are so many great reasons to use a payday loan the next time you have expenses and no cash ahead of payday. One is ease of use and convenience. Work it in around your busy schedule. Another is that approval is easy, so if you have been denied before you can still get cash. And finally, the money is fast. Get a quick solution to any money problem you have right now.

Local Companies

HSBC - Briarwood Branch
(800) 975-4722
13761 Queens Blvd
Jamaica, NY
ATM Fees
monthly fee: Monthly service fees range from $0 to $50.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $1.50 fee each time you use a non-affiliated ATM in New York state. Otherwise, no ATM fee. (Fee does not apply to all accounts.)
ATM Fee Rebate Noe: Some accounts provide rebates of ATM Surcharge Fees. Contact HSBC for details.
Services
Overdraft Protection, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

Data Provided By:
Bank of America - Jamaica Branch
(800) 432-1000
175-57 Hillside Avenue
Jamaica, NY
ATM Fees
monthly fee: Monthly service fees range from $0 to $25.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.00 fee each time you use a non-affiliated ATM.
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

Data Provided By:
Bank of America - Rosedale Branch
(800) 432-1000
205-02 Linden Boulevard
Saint Albans, NY
ATM Fees
monthly fee: Monthly service fees range from $0 to $25.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.00 fee each time you use a non-affiliated ATM.
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

Data Provided By:
Citibank - Richmond Hill Branch
(800) 374-9700
121-11 Liberty Avenue
South Richmond Hill, NY
ATM Fees
monthly fee: Monthly service fees range from $0 to $30.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.00 fee each time you use a non-affiliated ATM. This fee is waived when you meet the account's minimum balance requirements.
Surcharge fee: Surcharge-free ATM access is available at all MoneyPass Network ATM locations.
ATM Fee Rebate Noe: Some accounts provide rebates of ATM Surcharge Fees. Contact Citibank for details.
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Free Checks, Unlimited Checks

Data Provided By:
Chase - Merrick Boulevard Branch
(877) 682-4273
110-36 Merrick Boulevard
Jamaica, NY
ATM Fees
monthly fee: Monthly service fees range from $0 to $35.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.00 fee each time you use a non-affiliated ATM. (Fee does not apply to all accounts.)
Services
Mobile & Text Banking, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

Data Provided By:
HSBC - Hillside Avenue Branch
(800) 975-4722
14702 Hillside Avenue
Jamaica, NY
ATM Fees
monthly fee: Monthly service fees range from $0 to $50.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $1.50 fee each time you use a non-affiliated ATM in New York state. Otherwise, no ATM fee. (Fee does not apply to all accounts.)
ATM Fee Rebate Noe: Some accounts provide rebates of ATM Surcharge Fees. Contact HSBC for details.
Services
Overdraft Protection, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

Data Provided By:
Bank of America - Jamaica And Sutphin Branch
(800) 432-1000
90-53 Sutphin Blvd
Jamaica, NY
ATM Fees
monthly fee: Monthly service fees range from $0 to $25.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.00 fee each time you use a non-affiliated ATM.
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

Data Provided By:
Citibank - Rochdale Village Branch
(800) 374-9700
169-21 137 Avenue
Jamaica, NY
ATM Fees
monthly fee: Monthly service fees range from $0 to $30.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.00 fee each time you use a non-affiliated ATM. This fee is waived when you meet the account's minimum balance requirements.
Surcharge fee: Surcharge-free ATM access is available at all MoneyPass Network ATM locations.
ATM Fee Rebate Noe: Some accounts provide rebates of ATM Surcharge Fees. Contact Citibank for details.
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Free Checks, Unlimited Checks

Data Provided By:
Chase - Jamaica Branch
(877) 682-4273
9059 Sutphin Boulevard
Jamaica, NY
ATM Fees
monthly fee: Monthly service fees range from $0 to $35.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.00 fee each time you use a non-affiliated ATM. (Fee does not apply to all accounts.)
Services
Mobile & Text Banking, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

Data Provided By:
Chase - Hillside Avenue Banking Center
(877) 682-4273
175 - 62 Hillside Avenue
Jamaica, NY
ATM Fees
monthly fee: Monthly service fees range from $0 to $35.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.00 fee each time you use a non-affiliated ATM. (Fee does not apply to all accounts.)
Services
Mobile & Text Banking, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

Data Provided By:
Data Provided By:
skyline 2 p&d
(407) 342-4295
104-70 122 st
s richmondhill, NY
 
Amalgamated Bank of New York
(212) 620-8845
11-15 Union Square West
New York, NY
 
Hudson United Bank
(212) 314-9800
75 Rockefeller Plaza
New York, NY
 
American Tracers Nationwide Inc.
(718) 828-5411
2129 Virgil Place
Bronx, NY
 
I.C.S. Intellegent Computer Solutions
(212) 579-8677
513 Amsterdam Ave
New York, NY
 
Amalgamated Bank
(212) 620-8878
15 Union Square
New York, NY
 
Commerce Bank, N.A.
(646) 344-4766
2 Wall Street
New York, NY
 
Sterling National Bank
(212) 757-3300
650 Fifth Avenue
New York, NY
 
Dubin Capital
(212) 799-5015
112 W. 81st Street
New York, NY
 
Morgan Stanley
(212) 883-7700
330 Madison Ave
New York, NY
 
Washington Mutual
(718) 235-0853
1240 Liberty Avenue
Brooklyn, NY
 
United Central Bank
(718) 775-9065
25 Burns Street
Forest Hills, NY
 
Doral Bank
(212) 329-3700
387 Park Avenue South
New York, NY
 
American Tracers Nationwide Inc.
(718) 828-5411
2129 Virgil Place
Bronx, NY
 
SmartServ Solutions Inc.
(718) 931-7236
1888 Eastchester Rd
Bronx, NY
 
Washington Mutual
(516) 554-7650
187-15 Union Turnpike
Flushing, NY
 
Citibank
(718) 248-2091
One Court Square
Long Island City, NY
 
HSBC
(212) 689-3506
2 Park Avenue
New York, NY
 
Asset Link, LLC
(718) 824-4554
244 Emerson Avenue
Bronx, NY
 
BJ's Wholesale Club
(718) 942-2453
339 Gateway Drive
Brooklyn, NY