Norfolk Payday Loans
An OppLoans Guide to Getting The Help You Need

Just behind Virginia Beach, Norfolk is the second largest city in Virginia. A proud, military city bursting with art and culture, Norfolk is a unique and special American city. Sadly, not everyone has the resources to enjoy the highest possible quality of life in Norfolk. In fact, nearly 20% Norfolk residents live at or below the poverty line.(1) This is why the City of Norfolk has programs and organizations designed to help struggling residents.

Borrowing Money in Norfolk

Borrowing cash can be a risky venture. How do you know the lender is reliable and safe? More often than not, you don’t. And there are many lenders and different types of loans in Norfolk that are out to profit from your financial missteps. You’d be wise to learn the ugly truth about payday, pawn shop and car title loans.

Payday Loans in Norfolk
Don’t let yourself be trapped in a cycle of debt.

Payday loans can be found online, and in many storefronts throughout Norfolk. If you’re struggling to make ends meet, they may seem appealing. They offer a quick and convenient way to make it to your next paycheck. But as quick and convenient as they may be, they’re still very dangerous and predatory.

Getting a payday loan in Norfolk is simple. You typically provide the lender with a check for the amount you’re borrowing plus interest and fees. The lender then gives you a loan, and cashes your check on an agreed upon date. In Virginia, the maximum loan you can receive is $500, and the repayment period must be at least two pay cycles from when you take out the loan. They can also charge annual interest of up to 400% plus an additional finance charge equal to 20% of the loan amount.(3) These extremely high fees make it difficult to pay off the loan at all.

If you can’t pay it back when it’s due, they will extend it and charge you even more fees. Taking out a payday loan is a fast way to bury yourself in debt. There are many other safe alternatives to payday loans. If you’re struggling with a payday loan and you have questions, reach out to the Commonwealth of Virginia State Corporation Commission.

OppLoans Line of Credit Product Loans in Norfolk
The terms you want, with the flexibility you deserve.

Don’t get roped into a dangerous loan. If you’ve done your research, and looked throughout Norfolk for a cash loan, then you’ve likely discovered that the safe and affordable alternative is OppLoans.

OppLoans offers line of credit product that have flexible terms (6 to 36 months), lower interest rates (Usually 70-125% less than others) and fixed-rate payments, so you know what to expect each month. Our line of credit product are between $1,000 and $5,000, so you can easily find one that fits your budget without breaking the bank.

OppLoans offers a credit-building line of credit product that can help you finally take control of your finances. If you have less-than-perfect credit and you need a line of credit product, apply online or call us at (800) 990-9130, Monday – Friday 7am to 7pm, or Saturday 9am to 4pm CST.

Subprime Reports

See more local Virginia Subprime Reports below:
Lynchburg Payday Loans | Newport News Payday Loans | Norfolk Payday Loans | Richmond Payday Loans | Roanoke Payday Loans | Virginia Beach Payday Loans


  1. “Poverty Rates in Norfolk”. Accessed March 11, 2016.
  2. “Borrower Rights and Responsibilities” Motor Vehicle Title Lending in the Commonwealth of Virginia. Accessed March 8, 2016.
  3. “Payday Loans” Virginia Legal Aid Society. Accessed March 8, 2016.
  4. “50 State’s Pawn Shop Interest Rates & Statutes” Online Pawn Shops Consumer Reports. Accessed March 8, 2016.

*OppLoans is not affiliated with any of the programs, services, or organizations referenced on this page.

See more local Virginia guides, and learn more about options in Virginia.