Compare legal limits, fees and the true cost of small loans in your state before you talk to any lender. Compare legal limits, fees and the true cost of small loans in your state.
Credit Unions vs Payday Loans in Marietta, GA
2 credit unions are headquartered in Marietta, with 129,250 members in total. Credit unions are member-owned and often offer small personal loans and payday alternative loans (PALs) at far lower rates than payday lenders.
- Credit unions
- 2
- Members
- 129,250
- Federal
- 1
- State-chartered
- 1
Credit unions vs payday loan stores in Marietta
Marietta has 12 payday, installment and title loan stores but only 2 credit unions headquartered here — about 6.0 loan stores for every credit union. Local credit unions count 129,250 members — roughly 39 memberships per 100 residents.
Credit unions
2
0.6 per 100k residents
129,250 members
Payday & loan stores
12
3.6 per 100k residents
5 store chains
Biggest loan store chains in Marietta: TitleMax (7), OneMain Financial (2), ACE Cash Express (1), Lendmark Financial Services (1), Mariner Finance (1).
Borrowing $500 for 6 months in Marietta
| Option | Payment | Total cost of borrowing |
|---|---|---|
| Installment loan at the Georgia rate cap (16% APR) | $87.27/mo | $23.59 |
| Credit union PAL (28% APR) | $90.27/mo | $41.62 |
| Payday loan renewed every 2 weeks (typical $15 per $100, not available in Georgia) | $75.00 every 2 weeks | $975.00 |
- Monthly payment at the Georgia rate cap vs median monthly household income
- 1.0%
Example calculation with fixed monthly payments; the payday row shows typical out-of-state pricing for comparison. Actual rates and terms vary by lender.
What it means for a household in Marietta
- Median household income
- $104,243
- A $400 emergency equals
- 1.4 days of income
- Households earning under $25,000
- 10.3%
- Residents below the poverty line
- 8.9%
Income and poverty: U.S. Census Bureau, American Community Survey, by ZIP code; figures for Marietta are population-weighted and approximate. Hours of work are based on the median individual income.
Payday loans vs credit union PALs: the rules in Georgia
| Payday loan in GA | Credit union PAL | |
|---|---|---|
| Legal status | Not allowed — storefront payday loans are banned | Offered by many federal credit unions |
| Rate cap | Capped at 16% APR (Payday Lending Ban) | Up to 28% |
| Term | Usually 2–4 weeks, due in one payment | 1 to 12 months, in installments |
| Credit check | Usually none; a bank account and income are required | Membership required; payments can be reported to credit bureaus |
Payday rules: Georgia law as summarized on our Georgia payday page. PAL rules: National Credit Union Administration (NCUA) rules for federal credit unions (PAL I and PAL II); state-chartered credit unions may offer similar small loans.
Credit unions headquartered in Marietta
| Credit union | Address | Members | Website |
|---|---|---|---|
| Lge Community Credit UnionState-chartered | PO Box 1188 Marietta, GA 30060 | 126,395 | lgeccu.org |
| Faith Connection Federal Credit UnionFederal | P O Box 6448 Marietta, GA 30065 | 2,855 | faithfcu.com |
Payday and installment loan stores in Marietta
For comparison: storefront payday, installment and title lenders in Marietta with addresses, phone numbers and hours. Check a credit union first — a PAL or small personal loan usually costs far less.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 1120 Powder Springs St SW Marietta, GA 30064 | (770) 514-8977 | — | 5.0 |
| 1416 Roswell Rd Marietta, GA 30062 | (770) 579-5011 | — | 5.0 |
| 1873 Cobb Pkwy SE Marietta, GA 30060 | (770) 955-4042 | — | 5.0 |
| 2052 S Cobb Dr SE Marietta, GA 30060 | (770) 434-9701 | — | 5.0 |
| 2810 Canton Rd Marietta, GA 30066 | (770) 794-9646 | — | 5.0 |
| 341 Cobb Pkwy N Marietta, GA 30062 | (770) 590-5224 | — | 5.0 |
| 4909 Canton Rd Marietta, GA 30066 | (770) 517-3646 | — | 5.0 |
| 2145 Roswell Rd #70 Marietta, GA 30062 | (770) 509-9450 | — | 3.3 |
| 2505 Chastain Meadows Pkwy NW Marietta, GA 30066 | (770) 426-9774 | — | 3.8 |
| 603 South Marietta Pkwy SE UNIT 101 Marietta, GA 30060 | (678) 594-2295 | — | 4.8 |
| 270 Cobb Pkwy SE Ste 70 Marietta, GA 30060 | (470) 663-6929 | — | 4.6 |
| 50 Ernest W Barrett Pkwy NW #3005 Marietta, GA 30066 | (678) 515-5390 | — | 4.7 |
More about Marietta
Only credit union headquarters are listed, with the address on file with the NCUA; phone numbers and branch locations are on each credit union’s website. Many credit unions also have branches in Marietta and nearby — check membership requirements, as some are open to anyone who lives or works in the area. Loan stores: storefront locations of major payday, installment and title lenders; call ahead to confirm hours.