New Horizon Bank Payday Loans Review - Powhatan, Virginia

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1870 Stoneridge Commerce Dr, Powhatan, VA 23139, USA
+1 (877) 642-2447
www.newhorizonbank.com
Friday
9AM–6PM
Saturday
9AM–12PM
Sunday
Closed
Monday
9AM–5PM
Tuesday
9AM–5PM
Wednesday
9AM–5PM
Thursday
9AM–6PM
Testimonials

Feedback about New Horizon Bank?

Here you get acquainted with the feedback of our customers.
Note

Pay Attention

Further there will be presented the details about not a certain lending company. The information below will tell about general information about payday loans and its specific elements.

Payday Loans in Powhatan, Virginia

According to the definiftion, a payday loan is a lending option taken out for a short period: 2-3 weeks. A small loan is issued: $100-$1,000.

Such financial products as payday loan in Powhatan, Virginia is taken out simply and quickly for a short time span: 2-3 weeks. The interest rates are set on an individual basis concerning on the personal data: the more payday loans you pay back off, the more reasonable rates a borrower will recieve.

APR

36%

Max Loan

$2,500

Min Term

4 months

Max Term

24 months

How will New Horizon Bank help take out a loan in Powhatan, Virginia?

  • 24/7 service. Such online services allow you to get funds at any time. Money are issued day and night. The payday loan will be sent to a credit card, so a personal visit to the department is not necessary.
  • No paperwork. The list of required documents is minimal. In most cases, an ID is sufficient. You do not need to provide a certificate of income.
  • Online application. The application is filled out and processed much faster than in banks. Money is deposited in a mtter of 24 hours after receiving approval.
  • High approval rate. When it comes to small amounts, a positive answer comes up 98%.
  • Availability. Banks impose more stringent requirements on their borrowers. Age limits and bad credit will become barriers to issuing a loan. Lenders are more loyal to clients. The presence of minor delays and a low score does not guarantee denial.
Fill out an application

What data to fill out in the application? - General Info

To leave an application, every customer should enter the following data:
Loan Amount, Loan Purpose, Email Address
First Name, Last Name, Date Of Birth, Primary Phone Number, Driver's License Number, Your SSN
Zip Code, Street Address
How often do you get paid?, Next Paydate, Type of Account, How do you get paid?
Your Income Source, Are you in the military?, Your Employer Name, Your Monthly Net Income, Your Employer Phone Number
If you have $10,000+ in unsecured debt and would like one of our partners to contact you?, What`s your approximate credit rating?
Select your Bank, Select your Bank’s State, ABA/Routing Number, Account Number

After filling in an application, submit it and recieve the decision.

Reasons

Why people take out payday loans?

Utility Bills

Healthcare Bills

Traveling

Car Repair

Clothes

Bad Credit Approved

Payday loans for bad credit

If you are denied a loan at bank, the cause may be a bad credit history. This is a factor reviewed when deciding to issue a loan. Lenders do not consider this factor the only one to take out a loan in Powhatan, Virginia. The company will estimate many points to qualify such as solvency. Payday loans will be a source to improve your bad credit score into a favorable one.

The following common points will be estimated before applying for a payday loan:

  • be at least 18 years old;
  • be a U.S. citizen;
  • be employed and have a reliable source of income;
  • have a checking account;
  • have a valid email address and phone number.
~ Credit score ~

Rate Your Credit Score

Low
300 – 579 points
  • No way to issue a loan
  • No ability to rent a room
Average
670 – 739 points
  • 80% of loan approval
  • Apply for all loan types
Perfect
740 – 799 points
  • 95% of loan approval
  • Apply for all loans incl. mortgage
Rate your APR

APR Calculator

If you need to calculate the annual percentage rate of the loan, you are welcome to utilize the calculator. It will specify the cost of the payday loan.

Let's see

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