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Get Online Payday Loans in Shreveport, LA
Get a short-term cash advance with no credit check. You can qualify for Shreveport cash loan even with no bank or checking account. Bad credit is not a problem to get approved for a fast Payday advance in Shreveport either. Just fill out a free application form online and get an instant decision from multiple lending companies within a few minutes.
Online Payday Loans provide same-day cash advance to Louisiana residents even those with bad credit. Most direct lenders consider no credit check loans and guarantee approval with minimum requirements.
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Are Payday Loans Legal in Shreveport, LA ?
Loan Rates and Fees, Laws and Regulations in Louisiana.
Online Payday loans up to $350 are legal in Louisiana. Higher amounts are also available within Installment loans ($1000 - $5000) and Personal loans ($5000 - 35,000). The maximum term allowed for Payday cash advance is 60 days. The APR counts 780%, plus $10 documentation fee and 16.75% interest rate. It’s all set by La. Rev. Stat. Ann. §§ 9:3578.1 et seq.1
Law status | legal |
MIN Loan Amount | $100 |
MAX Loan Amount | $350 |
MIN. Loan Term | None |
MAX. Loan Term | 60 days |
MAX APR | 780% |
Additional fees | $10 documentation fee, 16,75% of every $100 borrowed |
NSF fee | One per loan |
Collateral or guarantor | None, unsecured |
Number of simultaneous loans | Not limited |
Cooling off period | None |
Rollover | Not allowed |
Extension, repayment plan | Repayment plan once a year |
Default penalties | 36% per year |
Credit score requirements | Available for Bad Credit |
Cash Advance and other Money Offers in Shreveport, LA
Payday Loans Available in Shreveport, LA by the following ZIP codes:
Payday Loan Amounts in Shreveport, LA
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Easy online application
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Bad credit is OK
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Instant approval
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No credit check considered
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Competitive rates
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Same day financing
In 2024 there are 194,920 people living in Shreveport, LA. According to the statistics, 11695 of them look for "Payday Loans Near Me in Shreveport, LA" or apply for Shreveport Payday Loans online in need of emergency short-term financing. No wonder, these people request instant cash as their median household income is 38583. That's why COMPACOM was designed - to help customers complete a quick and easy application form 100% online and get guaranteed approval from the best Shreveport, Louisiana direct lenders.