Even $200 can be lifesaving when you face a time-sensitive financial emergency. Whether it’s an urgent home improvement or a medical bill, we know a quick and easy way to help you get back on track.
At Tremplo County Loans, you can obtain a guaranteed $200 loan with no credit check, so your bad credit is not an obstacle. Enjoy our instant approval and same day direct deposit options and solve your money problems today.
$200 Loans in Wisconsin
Tremplo County Loans serves Wisconsin residents with any credit, helping them meet their urgent money needs. We follow all the state laws and regulations to provide full customer protection and make the borrowing process safe.
Wisconsin loans are subject to approval. Terms and APRs may vary depending on an applicant’s creditworthiness, income, and payment history. Still, we look far beyond just your credit score, ensuring a high approval rate and making borrowing available to those overlooked by traditional lenders.
Common $200 Loan Uses
Small loans are typically used to cover urgent financial issues by your next paycheck. Here are some common situations where you might need an extra $200:
- Medical expenses
- Childcare
- Utility bills
- Rent payments
- Car repairs
- Gas and grocery bills
- Holiday-related expenses
- Moving costs
Please note that a $200 loan is a short-term financial solution designed to help you cope with temporary financial problems. It should not be used to cover your long-term needs or ongoing expenses.
If you are stuck in financial problems, refrain from borrowing and turn to a credit counselor.
Get a $200 Loan Fast
To get a direct lender loan from Tremplo County Loans, you need to prepare the following documents and information:
- Valid ID
- Social Security number
- Bank account details
- Proof of income: pay stubs, bank statements, tax returns, 1099 forms
- Proof of address: utility bills, rent or mortgage agreements
- Personal and contact information
- Your employer’s contact details
Please note that you need to be a permanent US resident and reach the age of 18 to qualify.
If you meet the requirements above, you’re welcome to complete our simple application process in just 3 steps:
1
Complete an online form
It will take you up to 5 minutes to enter your data and apply. The form is available on the website 24/7.
2
Get approved
Our system will check your application details for eligibility and send you a loan decision via email. We don’t perform hard credit checks, so instant approval is possible.
3
Receive the funds
If approved, make sure the loan terms suit you and e-sign the agreement. We will deposit the funds into your bank account within 1 business day.
Apply now, get qualified, and access your money today
Types of $200 Loans
There are several $200 loan options you can consider in an emergency. Here’s a detailed look at them to help you choose the right solution for your situation.
Payday Loans
A $200 payday loan is a small loan that needs to be repaid in full within 2 to 4 weeks. The due date is usually set by a borrower’s next paycheck. Payday loans are used for time-sensitive financial needs and unplanned expenses. They can be obtained in just 24 hours and are often deposited on the same day of approval.
Still, they come with quite high APRs that may exceed 400%. Although their short repayment periods keep them relatively affordable, payday loans should be used cautiously.
Title Loans
Title loans are borrowing options secured by your car’s title. They can provide you with up to 50% of your vehicle’s price while you can still drive your car during the repayment. You need to pay off the loan within up to 30 days.
Interest rates are typically lower compared to payday loans but may still exceed 200%. Additionally, the vehicle can be repossessed if you default on your loan.
Tribal Loans
Tribal loans are borrowing options offered by Native American-owned lenders who operate on their sovereign territories. Such loans are not subject to state laws and only follow their own tribal laws.
This way, tribal lenders may offer other loan terms without following your state’s loan amount and interest rate caps. Their loan may also come with a lack of consumer protection, so you need to approach them cautiously.
Installment Loans
Installment loans are flexible solutions for bad credit borrowers who are looking for longer repayment periods. With their help, you can get a lump-sum deposit and repay the money in affordable installments over 2 to 24 months.
Most installment loan options come with minimum amounts of $500 or $1,000. Still, some lenders may offer options for $200. Interest rates on installment loans usually start at about 16% but may reach 200% for bad credit borrowers.
Cash Advance Apps
Cash advance apps are fintech tools that allow you to access a portion of your future paycheck upfront, often without charging any interest. You can simply install an app on your smartphone and request a cash advance in just a few taps.
Loan amounts are small, ranging from $50 to $500, and the repayment is made after you receive your next pay. Just note that some apps may apply membership fees or extra charges for instant deposits.
Pawn Shop Loans
With a pawn shop loan, you can borrow money against some of your valuable belongings, such as electronics, jewelry, or musical instruments. This option doesn’t require you to fill out application forms or undergo a credit check.
You simply bring an item to a pawn shop and get a portion of its cost in cash after a broker assesses its price. The asset will be retained in a pawn shop until you repay the money. You typically have 30 to 60 days to pay back the borrowed amount plus fees. If not, a broker may sell your belongings.
Credit Card Cash Advances
Credit card cash advances refer to withdrawing money from your active credit card within the available limit. This way, you receive the money on hand right away via an ATM or an issuer’s store with no preliminary application.
An interest rate on a cash advance will be applied from the moment you receive cash with no grace period. Additionally, an APR on a cash advance is typically higher than that on regular purchases. Still, it can be a fast way to get emergency money.
A word from an expert
Amy Moore: Prevent yourself from borrowing money for unexpected expenses by creating an emergency fund. Make emergency savings one of the mandatory expense categories in your budget and contribute to it each month. Even small amounts add up quickly, allowing you to avoid debt down the road.
$200 Loan Alternatives
If you don’t want to take on debt but still need $200, here are some other ways to get the funds:
Ask for a Payday Advance
Ask your employer whether you can get a portion of your future paycheck upfront. Some companies offer paycheck advances to support their employees during tough times. This way, you simply get the needed amount on hand without being charged any interest or fees.
The amount will be deducted from your next salary, so be careful with budgeting.
Borrow from Family
Your family members or close friends may want to help you overcome financial problems on an interest-free basis. You can get more repayment flexibility as the terms will be adjusted to your particular situation.
Just make a clear agreement and stick to your repayment terms to avoid misunderstanding and ruined relationships with your loved ones.
Find a Side Gigs
Start making more money instead of borrowing it. Consider various freelance jobs if you have skills in graphic design, writing text, testing websites, or tutoring. Consider becoming a delivery driver if you have a car or drive for Lyft or Uber.
You can also sell various hand-made things or simply take surveys for money online. There are now multiple ways to increase your income. Just choose the right option and start today.
Sell Unused Stuff
You might have multiple things in your house that you don’t use anymore. It may be anything, from books and CDs to electronics, clothes, or even furniture. Instead of simply throwing them out, consider selling them on platforms like eBay or Facebook Marketplace.
Just take a photo of each item, upload them on the website, and wait for someone who needs your stuff to contact you.
Why Rely on Tremplo County Loans
Tremplo County Loans is a Wisconsin-based loan provider offering smart financial solutions for emergency situations. Here’s what makes us one of a kind:
- Quick loan process. With us, you can complete an online form in about 5 minutes and get a $200 loan with instant approval and same-day money deposit.
- Bad credit options. We don’t judge you for your past financial mistakes. Instead, we do our best to help you avoid them in the future while providing the much-needed support.
- State-licensed lender. We operate under Wisconsin laws and follow all the rules and regulations intended to protect borrowers from predatory lending practices.
- Security. Your personal and financial information is 100% safe with us due to the modern encryption protocols we use.
- Professional team. Our staff knows everything about the industry and effective loan solutions and will be happy to help you with your particular issue. If you have any questions regarding your current loan, we’re here for you 24/7 via a contact form.
FAQ
Do you offer loans with no credit check?
At Tremplo County Loans, we only perform a soft credit check as part of our verification process. This check is made to evaluate your financial situation without affecting your credit score. Just keep in mind that you’re not guaranteed a $200 loan until we ensure you can afford this debt.
Can I get a $200 loan if I’m unemployed?
If you have no official employment, we can still approve you as long as you can provide proof of an alternative income source. If you’re self-employed or receive other forms of regular and verifiable income, show us your 1099 form or bank statements.
When do I need to repay my loan?
Most $200 loans need to be repaid in 2 to 4 weeks, with a due date being tied to your next paycheck. The repayment is made via an automatic withdrawal from your bank account.
What if I can’t repay my loan on time?
Late payments may come with a $15 NSF fee and be reported to major credit bureaus, affecting your credit score. If you face any repayment issues, contact us as soon as possible so we can see what options you have. It may be an extended repayment plan, a loan rollover, or refinancing.
How much does a $200 loan cost?
An average $200 loan APR in Wisconsin is 867.6%. This way, the finance charge for a 14-day loan will be $66.56. However, your particular loan cost may vary depending on your credit score.
Receive the funds you need for your emergency in no time—start your application now!