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.
Payday loans in West Des Moines, Iowa
Iowa payday loan rules that apply in West Des Moines
- Max loan amount
- $500
- Min loan term
- N/A
- Max loan term
- 31 days
- Finance charge cap
- $15 on first $100; $10 per subsequent $100
- Max absolute fee
- $55
- Typical APR
- ~337%
- Rollovers (extensions)
- Prohibited
- Simultaneous loans
- 2 active loans
- Right to rescind
- Next business day
- Governing law
- Iowa Delayed Deposit Services Act
- Regulator
- IA Div. of Banking
West Des Moines at a glance
| Metric | West Des Moines | Iowa | United States |
|---|---|---|---|
| Population | 69,831 | 3.2M | 332.3M |
| Median household income | $84,953 | $76,204 | $85,275 |
| Median rent | $1,181/mo | $937/mo | $1,432/mo |
| Income spent on rent | 25.9% | 26.6% | 31.6% |
| Homeownership | 57.6% | 71.9% | 65.4% |
| Poverty rate | 7.3% | 11.1% | 12.6% |
| Unemployment rate | 2.4% | 3.6% | 5.3% |
| Without health insurance | 4.1% | 4.9% | 8.6% |
| Veterans | 5.7% | 6.8% | 6.5% |
Source: U.S. Census Bureau, American Community Survey, by ZIP code. City and state figures are population-weighted averages of ZIP code data and are approximate.
Payday loan cost calculator for West Des Moines
Move the sliders to see what a payday loan would cost under Iowa rules and how it compares with local incomes.
Iowa maximum: $500
Iowa maximum: $11
Rollovers are not allowed in Iowa.
- Fee
- $55
- Total to repay
- $555
- APR
- 287%
- Share of a two-week household paycheck in West Des Moines
- 1.7%
Estimate only. APR = fee ÷ amount × 365 ÷ term. Lenders may charge less than the state maximum; actual terms vary.
What a payday loan costs in West Des Moines
- Fee on a $500 loan
- $55
- Share of a two-week household paycheck
- 1.7%
- Hours of work at the local median wage
- 2.3 hours
- Rollovers
- Not allowed in Iowa
Example based on the Iowa maximum fee for the maximum loan and local median incomes: two-week paycheck = household income ÷ 26, hourly wage = individual income ÷ 2,080. Actual terms vary by lender.
West Des Moines in context
- Population rank in Iowa
- 10th
- of 11 Iowa cities with 50,000+ residents
- Median household income rank
- 2nd
- of 11 Iowa cities with 50,000+ residents
- Households earning under $25,000
- 9.6%
- ▼ 4.7 pts vs IA
- Median home value
- $298,249
- ▲ 45% vs IA
- Home value to income
- 3.5×
- A $400 emergency expense
- 1.7 days
- of median household income
Payday loan stores in West Des Moines, IA
Licensed storefront lenders in West Des Moines with addresses, phone numbers and hours. We do not rank or recommend any lender; confirm each company's license with the IA Div. of Banking before you borrow.
| Address | Phone | Hours | Google rating |
|---|---|---|---|
| 1821 22nd St., Ste. 104 West Des Moines, IA 50266 | (515) 440-3016 | Mon–Thu 9:30 AM – 5:00 PM Fri 9:30 AM – 5:30 PM Sat 9:00 AM – 12:00 PM Sun closed |
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Fast & secure payday loans in West Des Moines, Iowa
Unexpected expenses can happen anytime. If you need urgent cash in West Des Moines, our service connects you with trusted, state-licensed lenders.
Apply online from the comfort of your home, get a fast decision and, if approved, receive funds in your bank account as soon as the next business day.
Why West Des Moines residents use us
- Fast 5-minute request A simple online application, with no waiting in line at a storefront.
- Bad credit considered Lenders focus on your steady income, not just your credit history.
- Borrow up to $500 Loan terms must comply with the Iowa Delayed Deposit Services Act.
- Safe & confidential Your personal and financial details are sent over an encrypted connection.
Notice for West Des Moines residents: Payday loans are designed for short-term emergency needs and should not be used as a long-term debt solution. Interest rates, fees and maximum loan amounts are governed by Iowa law (Iowa Delayed Deposit Services Act). Always review the contract terms carefully before signing.
West Des Moines payday loan FAQ
How much cash can I borrow in West Des Moines?
Loan amounts in West Des Moines are typically from $100 up to $500, in line with Iowa lending law. Your exact approved amount depends on your verifiable income, existing debt and the lender’s evaluation.
Do I need to visit a storefront in West Des Moines to apply?
No. The whole process is handled securely online, so you don’t need to wait in line at a local check-cashing store or branch. If approved, your funds are deposited directly into your bank account by ACH transfer.
Can I qualify for a payday loan in West Des Moines with poor credit?
Possibly. A traditional FICO score is not the only factor. Lenders in our network mainly look at whether you have a steady, recurring income and an active checking account to handle repayment. Approval is not guaranteed.
How quickly will I receive my funds in West Des Moines?
Many applicants get a decision within minutes. Once you review and e-sign your agreement, lenders typically release the cash the same day or the next business day, depending on your bank’s transfer cutoff times.
What are the minimum requirements for West Des Moines residents?
To qualify, you must:
- Be at least 18 years old.
- Live in West Des Moines or the surrounding Iowa area.
- Have an active checking account in your name.
- Provide proof of consistent monthly income (employment, benefits or recurring deposits).