North Carolina Direct Payday Loan Lenders

#1 Payday Hound Pick -- NC Direct Payday Loan Lenders

Payday Loan Today

4 Rating
The Payday Hound Rating
  • Neveda licensed national lender.
  • Informative website. Flexible payment terms.
  • Loans up to $500.

Direct payday loan lenders are prohibited by North Carolina regulators from offering payday loans to North Carolina residents. This means there are no North Carolina licensed or regulated direct payday loan lenders in North Carolina. Although The Payday Hound discourages it, North Carolina residents may be able to choose from tribal, out-of-state, or foreign-based lenders for payday loans. See North Carolina Payday Loan Laws for links to North Carolina banking and finance regulators. These links will provide more information on the legal aspects of payday lending in North Carolina. In states where payday lending is permitted, lenders are licensed and regulated by the state.

Unlicensed direct payday loan lenders include tribe-based lenders, lenders licensed in other states, and foreign-based lenders. Tribal and out-of-state licensed direct payday loan lenders operate under the interpretation that they can export their tribe or state laws into North Carolina and are required to adhere to federal lending laws but not North Carolina regulations. Federal laws may be less restrictive and less frequently enforced. The final group of lenders is foreign-based payday loan lenders. They export their countries' laws into North Carolina and are highly unregulated. See Choosing A Payday Loan for more details.

The above is our understanding of how payday lending works in North Carolina, but we are not a law firm. Please contact the North Carolina Commissioner of Banks for more information.

The Payday Hound reviews direct payday loan lenders and ranks them according to our Sniff Test (reputation), costs, and licensing. The list below includes both regulated banks as well as off-shore entites. Being included on our list is not an endorsement or certification. The list is a ranking and is designed to help borrowers rate and judge the quality of lenders. This means it may include lenders we believe to be honest as well as those we would deem to be predatory.

We have reviewed 14 North Carolina payday loan lenders with a Rating of 1 star or better.

NC Lender Description Cost APR Sniff Rating
Payday Loan Today
Neveda licensed national lender.
Governing Law: Nevada
$58.74 510% Fair
Discount Advances
Stopped Accepting New Applications
Governing Law: Anguilla
$52.50 456% Fair
MyCashNow
Stopped Accepting New Applications
Governing Law: Canada
$55.86 485% Fair
PayDay Max
Stopped Accepting New Applications
Governing Law: Anguilla
$55.86 485% Fair
Cash Advance Now
Tribal lender. Upfront disclosures and pricing.
Governing Law: Tribe
$90.00 782% Fair
MyPayDayLoan
Revamped website. Up to $600 1st time.
Governing Law: Costa Rica
$75.00 782% Bad
USAdvance
Not a state licensed lender.
Governing Law: St Kitts and Nevis
$90.00 782% Bad
Tremont Lending
Appears to be basic tribal based lender.
Governing Law: Tribe
$90.00 782% Fair
NationalPayday
One of the simplest applications.
Governing Law: Costa Rica
$75.00 651% Bad
Jupiter Funding Group
Very limited information on website.
Governing Law: DE
$90.00 782% Bad
Payadvance
No longer accepting new applications
Governing Law: Costa Rica
$52.94 460% Bad
East Side Lenders
Offer loans in all states.
Governing Law: DE
$90.00 782% Fair
BorrowSource.com
Very limited information on website.
Governing Law: unlisted
? ? Bad
Sonic Cash
Eligible states not listed.
Governing Law: unlisted
$105.00 912% Fair

* Costs vary by state. The comparisions above use pricing for Delaware residents when available. Check each lender's website for updated information. Some lender's will not provide pricing data until an application is completed.