What is a Payday Loan? New Rochelle 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

Hudson City Savings Bank - New Rochelle Branch
(201) 967-1900
88 Fourth Street
New Rochelle, NY
ATM Fees
monthly fee: Monthly service fees range from $0 to $20.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $1.00 fee each time you use a non-affiliated ATM.
Services
Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

Data Provided By:
Citizens Bank - New Rochelle Palmer S And S Branch
(877) 360-CIRC
2425 Palmer Avenue
New Rochelle, NY
ATM Fees
monthly fee: Monthly service fees range from $0 to $20.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $3.00 fee each time you use a non-affiliated ATM. (Fee does not apply to all accounts.)
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

Data Provided By:
Chase - Larchmont Branch
(877) 682-4273
125 Chatsworth And Palmer Avenues
Larchmont, 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 - Tower Branch
(877) 682-4273
270 North Avenue
New Rochelle, 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 - New Rochelle Branch
(877) 682-4273
105 Pelham Road
New Rochelle, 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 - New Rochelle Branch
(800) 975-4722
260 North Avenue
New Rochelle, 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:
Citizens Bank - New Rochelle Harrison S And S Branch
(877) 360-CIRC
28 Harrison Street
New Rochelle, NY
ATM Fees
monthly fee: Monthly service fees range from $0 to $20.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $3.00 fee each time you use a non-affiliated ATM. (Fee does not apply to all accounts.)
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

Data Provided By:
Chase - Mamaronek Branch
(877) 682-4273
1350 Boston Post Road
Larchmont, 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 - First Westchester Branch
(877) 682-4273
491 Main Street
New Rochelle, 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 - New Rochelle Shop Rite Banking Cente
(877) 682-4273
8 Joyce Rd
New Rochelle, 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
 
North Fork Bank
(212) 406-5900
90 W. Broadway
New York, NY
 
Valley National Bank
(973) 305-4005
1455 Valley Road
Wayne, NY
 
ING DIRECT
(866) 692-2233
45 East 49th Street
New York, NY
 
John Allan Mens Salon
(212) 922-0363
46 E. 46th Street
New York, NY
 
Abacus Federal Savings Bank
(212) 285-4770
6-8 Bowery
New York, NY
 
Union State Bank
(212) 614-6870
11 East 22nd Street
New York, NY
 
SmartServ Solutions Inc.
(718) 931-7236
1888 Eastchester Rd
Bronx, NY
 
J.P. Morgan
(212) 270-6000
270 Park Ave
New York, NY
 
Koger Financial Services
(212) 281-0051
2537 Adam Clayton Pwell Blvd.
New York, NY
 
Union State Bank
(845) 398-5762
100 Dutch Hill Road
Orangeburg, NY
 
Asset Link, LLC
(718) 824-4554
244 Emerson Avenue
Bronx, NY
 
Leonard Capanegro
(201) 945-8340
840 River Road
Edgewater, NJ
 
Apache Capital
(212) 972-0991
230 Park Avenue
New York, NY
 
Emigrant Funding Corp.
(212) 850-4135
6 E. 43rd Street
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
 
GE Capital
(914) 478-1323
30 Minturn Street
Hastings, NY
 
Central Harlem Sobering-Up-Station
(212) 865-6133
419 W. 126th Street
New York, NY
 
Goteh Nzidee/Merrill Lynch
(917) 539-9137
536 W. 113th Street
New York, NY