Georgia Payday Loans - for Bad Credit

Getting a short-term Payday Loan in Georgia may become a problem as short-term cash advances are prohibited in the state. Small dollar loans are strictly regulated by authorities and governed by statutes 16-17-1 et seq., 7-3-14 et seq. and 80 3-1.02(7). All lenders, both in-store and online must follow the rules stated by the state. But there are other options to get money such as Installment Loans and Personal Loans.

Online Loans in GA 

Welcome to the most convenient in the Peach State of Georgia website offering to compare bad credit unsecured Payday Loans for Georgia residents. To get the necessary cash advance just state the amount of the loan.

Online lending is becoming more and more popular as it has plenty of advantages:

• it gives you a chance to compare a lot of different offers at once,
• you can avoid driving, doing paperwork and waiting in lines,
• applying is free and simple, 
• you have very high chances of approval even with a bad credit score,
• you can find some lenders ready to give you the loan with no credit check,
• it's available 24 / 7.

Loans in Georgia - how do they work?

Payday Loans, Installment Loans, and Personal Loans are considered to be fast because:

• it takes only some minutes to apply
• you get an instant decision
• the money is deposited into your bank account within a day, or sometimes - an hour.

If you really need money fast consider applying in-store. Check cashers may give you the cash at once.

Online Loans in Georgia as alternatives to Payday Loans

As Payday Loans are illegal in Georgia, it is still possible to get credit or cash in other ways.

• Installment Loans. They are available in the amounts of $1,000 - $5,000. The terms vary between 36 – 60 months. The repayment is in fixed monthly installments.
• Personal Loans. Get up to $35,000 for any personal needs without a guarantor or collateral for up to 7 years term.
• Title loans, or Pawn shops.Unlike payday loans, title loans in Georgia are legal—but they, too, are capped. In Georgia, title loans are classified and regulated as “pawn loans” under Section 44-12-130 of the Georgia Code.

There are currently 375 car title lenders in Georgia, which means one store for every 19,190 people.

• Credit card cash advance.If you have a credit card, consider a cash advance. Although expensive, this usually has lower interest than payday loans and can help you get through a rough financial period.
• Tribal loans. These are money from tribal lenders that operate on Native American sovereign land and aren’t regulated under state law. Make sure you’ve checked the lender’s reviews and reliability.
• Get out a conventional loan from a bank or credit union. They are sometimes cheaper but take longer to get. Moreover, this option doesn’t suit borrowers with bad credit and those who don’t have a bank account or are not a member of a credit union.
• Speak with your creditors to settle your debt. If you are going to apply for a Payday Loan because of some large bill you can’t pay, consider regulating this debt in another way. Discuss it with your creditor. He may reduce the payments. You may ask a debt relief company for help in these negotiations.
• Try to apply through a loan connection service. They may find a suitable lender willing to offer you a small-dollar loan. Keep in mind that the lender you’re ultimately connected with must have interest rates and fees that abide by Georgia’s law.
• Ask family and friends for help. It may sound a bit embarrassing but it will definitely be the cheapest solution. Just don’t forget to pay the money back if you don’t want to spoil the relationship.
• Apply for Government assistance programs. Georgia has quite a few public assistance programs that you may want to apply for. These include HomeSafe Georgia, the Energy Assistance Program (LIHEAP), Medicaid, Temporary Assistance for Needy Families (TANF) and the Heating Energy Assistance Team (HEAT). The variety of help can be great when you need a little bit extra to get by but don’t want to take out a new line of credit.