Salem Co Operative Bank Payday Loans Review

Organization owner?

3 Broadway, Salem, MA 01970, USA

+1 (978) 686-5500

Wednesday

10AM–7PM

Thursday

10AM–7PM

Friday

10AM–7PM

Saturday

10AM–7PM

Sunday
(Easter)

Closed

Monday

10AM–7PM

Tuesday

10AM–7PM

What people think about Salem Co Operative Bank?

Below you see some of the testimonials of our clients.

Had a very good experience

Dr. Arjun Batz

I asked if there was a corporate office and he hung up!

Madeline McCullough

Will definitely recommend it to family and friends.

Randi Brakus

Pay Attention

The above-given information provides the details about a peculiar company. The information below is about common information about payday loans.

Payday Loans in Salem, New York

A payday loan is an unsecured loan — typically $100 to $1,000 — that's must be repaid + interest as soon as you get your next paycheck. Terms usually do not exceed 4 weeks.

Payday loans in Salem, New York is are easy to get. The APR is specific for each borrower and depends on multiple factors: age, income, loan amount needed, loan term, credit score, etc.

APR

25% small loan cap

Why people apply for payday loans?

70%

Car expenses

50%

Treatment

40%

Vacation

30%

Clothes

30%

Home improvement

Payday loans for bad credit

Having a low credit score automatically disqualifies consumers from getting a bank loan. Payday loans give consumers with a bad credit score an increased opportunity to get accepted for such loans. A payday loan may be the only loan available for some borrowers to help them deal with unexpected problems. If you take out such a loan, it is important that you always borrow within your means and repay your loan commitments on scheduled.

To get approved for a payday loan, you need to meet the following requirements:

be 18 years old or older;
be a U.S. citizen or permanent resident;
be employed and have a steady income;
have a valid checking account in your name;
have an email address and phone number.

Rate Your Credit Score

Low

Low Rate

300

Lower than Average

579

No ability to get a loan
No ability to rent a room

Average

Average Rate

670

High Rate

739

80% of loan approval
Apply for all loan types

Perfect

Great Score

740

Perfect Score

799

95% of loan approval
Apply for all loans including mortgage

Rate your APR

Find out the annual percentage rate right now. Use this online calculator to specify the exact cost of your payday loan. It only takes 10 seconds to become informative even before applying.