The Best Payday Loans in Troy Mills, IA
Our research team has identified the top 3 payday loan lenders in Troy Millsbased on experience, customer reviews, approval rates, and transparent lending practices.
Top Payday Loan Lenders in Troy Mills
Carefully selected based on experience, customer satisfaction, and transparent lending practices
Mr. Money
Mr. Money
Mr. Money is a well-established regional lender with multiple locations throughout Iowa, serving the Troy Mills area from their Cedar Rapids branch. They offer fast payday loan approvals with flexible repayment options and have built a strong reputation for transparent lending practices and customer-focused service in Eastern Iowa communities.
Loan Types:
Check `n Go
Check `n Go
Check `n Go operates a convenient Marion location that serves Troy Mills residents with reliable payday loan services. As a nationally recognized but regionally focused lender, they provide quick cash advances with straightforward application processes and have maintained consistent service to Iowa communities for decades.
Loan Types:
Advance Payday Loan
Advance Payday Loan
Advance Payday Loan serves Eastern Iowa including Troy Mills from their Dubuque location, offering both in-store and online payday loan options. They specialize in same-day funding for qualified applicants and have built trust through consistent service and clear communication with customers throughout the region.
Loan Types:
Frequently Asked Questions
Common questions about payday loans in Troy Mills, Iowa
What are the eligibility requirements for a payday loan in Troy Mills, IA?
To qualify for a payday loan in Troy Mills, you must be at least 18 years old, have a valid Iowa driver's license or state ID, provide proof of income (such as recent pay stubs), have an active checking account, and show proof of residency. Most lenders in Iowa require a minimum monthly income of around $1,000, though requirements can vary between different Troy Mills lenders. You'll also need to provide a working phone number and valid email address for communication.
What are the maximum fees and interest rates for payday loans in Troy Mills, Iowa?
Under Iowa state law, payday lenders in Troy Mills can charge up to $15 for every $100 borrowed on loans up to $500. For example, if you borrow $100 for 14 days, you would repay $115. Iowa regulations cap the annual percentage rate (APR) at around 391% for these short-term loans. These rates are standardized across the state, so you'll find similar pricing at all licensed lenders in the Troy Mills area.
Are there any local Troy Mills regulations I should know about before getting a payday loan?
While Troy Mills follows Iowa's statewide payday lending regulations, it's important to know that Iowa law limits payday loans to $500 with a minimum term of 31 days. Lenders in Troy Mills must be licensed by the Iowa Division of Banking, and they cannot roll over your loan - you must pay it off completely before taking another. The state also requires lenders to offer an extended payment plan if you cannot repay on time, which gives you additional time without extra fees.
What documentation do I need to apply for a payday loan in Troy Mills?
When applying for a payday loan in Troy Mills, you'll typically need to provide a government-issued ID (Iowa driver's license or state ID), your most recent pay stubs or other proof of income, bank account statements, and proof of your Troy Mills address (such as a utility bill). Some lenders may also require your Social Security number for verification. Having these documents ready will make the application process faster at local Troy Mills lenders.
What should I do if I can't repay my payday loan on time in Troy Mills?
If you're struggling to repay your payday loan in Troy Mills, Iowa law requires lenders to offer you an extended payment plan at no additional cost. You must request this plan before your due date, and it allows you to pay back the loan in at least four equal installments over 60 days. Contact your Troy Mills lender immediately to discuss this option, as ignoring the problem can lead to additional fees, collection actions, and damage to your credit score.
Nearby Cities
Looking for payday loan lenders in nearby areas? Check out these cities near Troy Mills:
How We Rate Troy Mills Lenders
Our comprehensive 5-star rating system evaluates lenders across multiple criteria to help you find the best payday loan provider in Troy Mills.
Experience & Reliability
Years in business, approval rates, and specialization in short-term lending.
Customer Reviews & Satisfaction
Verified customer feedback, testimonials, and overall satisfaction ratings.
Terms & Transparency
Clear terms, competitive rates, and transparent lending practices.
Need a Payday Loan in Troy Mills?
Contact one of our top-rated lenders today for quick approval and competitive rates on your short-term loan needs.