Payday Loans Sullivan, ME – Compare Licensed Lenders (2026)

$$2000

Max Loan Amount

Active Lenders

15 min

Approval Time

$1K

Population

Sullivan, Maine, with a population of 1,219, offers a unique blend of diverse industries that contribute to its vibrant economy. The average income here stands at $52,000, which, combined with a cost of living that is 10% lower than the national average, creates a financial landscape where quick access to funds can be essential. In Sullivan, where unexpected expenses can arise, payday loans provide a viable option for residents seeking immediate financial relief.

About Sullivan

Main Industries

$diverse industries

Avg Income

$$52,000

Cost of Living

$$-10% vs national avg

State Regulations

We're gathering the latest payday loan regulations for your state. In the meantime, please review the terms carefully and check with your state's financial regulator.

CFPB Resources:Learn about payday loans

Where to Find Payday Loans in Sullivan

In Sullivan, the lending landscape is notably sparse, with no active storefront lenders currently serving the community. Residents looking for payday loans will primarily rely on online options to access short-term financing. While this may present challenges, it also allows for quicker applications and approvals without the need for in-person visits, making it a convenient choice for those in need of immediate funds.

Compare Lenders in Sullivan

Lender	Loan Range	Typical APR	Best For	Apply

Representative Loan Example in Sullivan

Calculation

Loan Amount: $$500

Term: $14 days

APR: $261%

Fee: $$0

Total Repayment: $$500

Effective APR: $0.0%

⚠️ Important Notes

✓ For Sullivan residents earning $$52,000, this payment is 1.5%
✓ Recommended: Keep monthly debt payments below 35% of income
✓ APR varies by lender and creditworthiness
✓ Always compare multiple offers before accepting

Advantages & Disadvantages in Sullivan

✅ Advantages

✓ Process 100% online
✓ Decision in 15 minutes
✓ Available for Sullivan residents
✓ No collateral required
✓ Early repayment is allowed

❌ Disadvantages

✗ Higher APR compared to traditional banks
✗ Limited options due to no active local lenders
✗ Credit check required

💡 Expert Recommendation for Sullivan Residents

According to loan expert Rostislav Sikora, residents of Sullivan, with a cost of living 10% below the national average, may find that short-term payday loans are an effective solution for quick financial needs. However, it's crucial to compare APRs and ensure that monthly payments do not exceed 35% of your income. Consider your options carefully before signing any agreements.

Rostislav Sikora – Loan Comparison Specialist at Credizen

Frequently Asked Questions – Sullivan, ME

How do I get a payday loan in Sullivan, ME?

You can apply for a payday loan online through various lenders that operate in Maine.

What's the max I can borrow in Sullivan?

In Sullivan, the maximum loan amount you can borrow is $2,000.

Can I get approved with bad credit in Sullivan?

Yes, many payday lenders in Sullivan consider applicants with bad credit.

Are there storefronts in Sullivan or is it online only?

Currently, Sullivan has no local storefront lenders, so online options are your best bet.

How fast can I get money in Sullivan?

If approved, you can get your funds within one business day.

What are the fees for payday loans in Sullivan, ME?

Fees can vary, but the maximum allowable fee in Maine is capped at 30%.

Is there a limit on the number of payday loans I can take in Sullivan?

Yes, Maine regulations limit you to one payday loan at a time.

What should I do if I can't repay my payday loan in Sullivan?

Contact your lender immediately; they may offer options like extensions.

Can I get a payday loan in Sullivan if I'm self-employed?

Yes, self-employed individuals can qualify for payday loans based on their income.

Do payday loans in Sullivan affect my credit score?

Most payday loans do not affect your credit score unless they go to collections.

Nearby cities in maine

Compare options in nearby maine cities. Rates and approval times can vary by lender.

USA loan hub View maine loan options Compare payday lenders Compare lenders side-by-side Payday loan guides

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Responsible Lending Notice: Payday loans are short-term financial products and should only be used for temporary cash needs. They are not a long-term solution for financial difficulties. Borrowers should consider other options before taking out a payday loan.

Regulatory Information: All lenders displayed serve Sullivan, ME and are regulated by state authorities. For complaints or concerns, contact the Consumer Financial Protection Bureau (CFPB) at consumerfinance.gov.

Affiliate Disclosure: Credizen.net may earn a commission when you apply through our platform. This helps us keep our service free. We only work with licensed, reputable lenders.

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