South Dakota Payday Loans & Cash Advances
Hey South Dakota, are you looking for a fast, no credit check payday loan? Loan
Shack's online cash advance product is basic and clear-cut. You don't need to be
worried about hidden service fees from the bank, growing annual percentage rates
from a credit card company, or perhaps late charges by delaying a bill you need
to pay today. Simply fill out our easy application, get an instant acceptance
decision and we'll have the funds transferred directly into your bank account
the next business day. It doesn't get any easier than that. Apply now to start
our fast loan approval process.
South Dakota Payday Loan Amounts
In South Dakota, the minimum loan amount we lend is $200.00, the maximum is $500.00. Based on your income and other factors, payday loan limits will be determined on an individual basis.
South Dakota Payday Loan Costs
The cost of our payday loans in South Dakota, is $25.00 per $100 borrowed. The Annual Percentage Rate ("APR") will vary depending on the length of your loan (see table below).
APR and Fee Schedule
The table below shows the Annual Percentage Rate ("APR") and Fees Charged for our South Dakota payday loan amount ranging from $200.00 to $500.00, with a fee of $25.00 per $100.00 borrowed, and loan terms ranging from 14 to 31 days in length. This is an example specific to a 14 and 31 day loan length, however the loan may be written for varying days based on South Dakota laws. For further APR calculations please send questions to customerservice@loanshack.com
Prepayment
You may prepay this payday loan in full or in part at any time by calling Lender toll-free at 866-797-4225. The Finance Charge for this loan will be deemed fully earned as of the date of this loan. If you prepay this loan, you will not be entitled to any return or refund of the Finance Charge in connection with any such prepayment, unless you rescind this loan. No additional charges will be imposed for prepayment. Partial payments will first be applied to fees, then to Finance Charges, and then to principal.
South Dakota Payday Loan Renewals
This loan may be renewed only upon your request. You may renew this loan for such length of time as Lender deems appropriate. A loan may not be renewed more than four (4) times. In order to renew the loan, you must request a renewal and pay any outstanding Finance Charges and fees and at least
ten percent (10%) of the principal sum of the loan. The renewal will be subject to a Finance Charge in accordance with Lender's fee schedule.
Payday loan renewal requests must be received by 2:00 PM Pacific Time 2 business days before your payday loan is due.
When your renewal loan becomes due, we will electronically deduct the payday loan amount and the fee from your bank account.
If you have any complaints or concerns about your loan or lender's loan practices, you may contact the SD Div. of Banking 2171/2 W. Missouri Ave, Pierre, SD 57501. 605-773-3421.