What is a Payday Loan? Staten Island 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 - Midland Beach Branch
(201) 967-1900
2212 Hylan Boulevard
Staten Island, 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:
Sovereign Bank - Oakwood Branch
(877) SOV-BANK
3150 Amboy Road
Staten Island, 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 $2.50 fee each time you use an ATM that is not a Sovereign Bank ATM. (Fee does not apply to all accounts.)
Services
Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

Data Provided By:
HSBC - Willowbrook Branch
(800) 975-4722
2960 Victory Blvd
Staten Island, 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:
Citibank - Castleton Corners Branch
(800) 374-9700
1910 Victory Boulevard
Staten Island, 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 - Richmond Avenue Branch
(877) 682-4273
2845 Richmond Avenue
Staten Island, 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:
Sovereign Bank - 2655 Richmond Avenue
(877) SOV-BANK
2655 Richmond Avenue
Staten Island, 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 $2.50 fee each time you use an ATM that is not a Sovereign Bank ATM. (Fee does not apply to all accounts.)
Services
Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

Data Provided By:
HSBC - Staten Island Branch
(800) 975-4722
2655 Richmond Avenue
New York City, 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:
Citibank - Mid Island Branch
(800) 374-9700
2825 Richmond Avenue
Staten Island, 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 - Staten Mall Branch
(877) 682-4273
2655 Richmond Avenue
Staten Island, 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 - Hylan Plaza Branch
(877) 682-4273
2626 Hylan Boulevard
Staten Island, 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
 
Astoria Federal
(516) 327-7630
3 W. 57th Street
New York, NY
 
Citibank
(212) 290-7777
201 W. 34th Street
New York, NY
 
Valley National Bank
(973) 305-4005
1455 Valley Road
Wayne, NY
 
Inscho Institutional LLC
(917) 873-1386
2600 Henry Hudson Pkwy Apt 5C
New York, NY
 
Abacus Federal Savings Bank
(212) 285-4770
6-8 Bowery
New York, NY
 
Citibank
(212) 559-8629
399 Park Avenue
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
 
Abacus Federal Savings Bank
(212) 285-4770
6-8 Bowery
New York, NY
 
Bank of New York
(212) 635-8117
One Wall Street
New York, NY
 
North Fork Bank
(212) 406-5900
90 W. Broadway
New York, NY
 
Emerging Markets, LTD.
(212) 514-6550
80 Wall Street
New York, NY
 
Global Broker Systems Inc.
(212) 480-4900
17 State Street
New York, NY
 
Banco Popular
(212) 417-6718
120 Broadway 16th floor
New York, NY
 
Citibank NA FC 037
(212) 240-1826
250 Broadway
New York, NY
 
Daniels Financial Services
(212) 363-8455
50 Broad Street
New York, NY
 
Franklin First Financial Ltd.
(212) 233-4007
17 Battery Park Place
New York, NY
 
Goldman Sachs
(212) 902-1000
85 Broad Street
New York, NY