South Dakota Payday Loan

Choosing the payday loan right for you and your situation is a daunting task with so many to choose from. Get the knowledge you need with SameDayPayday. Browse our extensive company profiles and user reviews of lenders nationwide. If loans are not available in your state, use our city links below to find a local store offering other products and services such as check cashing and debit cards.

Many residents in The Coyote State have come to and discovered relief from their financial emergency. Don’t worry about how you’re going to make it to the next pay check, simply apply at SameDayPayday and if approved, have your funds waiting for you in about one business day. It’s more convenient to shop for a cash advance online, and better yet, confidential.

Laws in South Dakota regarding Payday Lending

South Dakota used to have little restriction on payday loans until recently. On November 8, 2016, South Dakota legislature passed Measure 21 which caps interest rates at 36% which no doubt will affect all short-term lenders. The maximum loan amount is still $500.

Dollar Loan Center used to charge around $40 for someone to borrow $300 for two weeks. The new law would limit the charge to just $4. Unless they repeal it, the company has stated its 25,000 customers will have to look elsewhere for payday loans.

In South Dakota, as of 2006, there were more than 302 payday lending companies. In 2011, the number decreased to 156. With the recent changes, the number is close to zero today. What hasn’t changed is the number of online searches for “South Dakota payday loans” which in 2017, turned up 495,000.

The state motto of South Dakota is: “Great Faces. Great Places.”

Let SameDayPayday keep you going until your next payday and help you in triumph over financial constraints with a quick, efficient and confidential payday loan!

South Dakota Payday Loan - Cities