Loan Till Payday recently opened a location in Dover to provide residents with short-term payday and title loans.

With a bevy of locations in New Castle County, Loan Till Payday has finally come to the Dover area, opening up in December at 178A N. Dupont Highway.

Von Combs, consultant for the business, spoke with the Post on Feb. 14 about what Dover residents can expect from Loan Till Payday.

Q What kind of loans do you offer?
A We do short-term, no credit check, payday loans and title loans. Payday loans are up to $1,000 and title loans are up to $2,500 with no credit check.

Q When you say short term, how long does that give someone to pay back their loan?
A By the next payday, two weeks, a month. They can extend it four times so it essentially can be a two-month loan. Title loans can go on longer than that. They can keep them really as long as they want. But the payday loans are really designed to be a couple of weeks, three weeks or a month. Just a temporary emergency or some emergency cash.

Q What is the interest rate on your loans?
A It’s $20 for every $100 borrowed. So if you borrow $100, you pay back $120.

Q You said you don’t do credit checks, so how does one qualify for a loan?
A You need to be on your job for at least three months, have a driver’s license, a social security card, a utility bill with a name and address on it and they need to have their bank statements. We look at their checking account. We take all that information and compile an approval amount based on that. Of course, there are a million different things we look for, but that’s the gist of it.

Q What sets you apart from other similar businesses?
A We’re locally owned and operated so we can deviate from that corporate mentality. Most corporate companies have a structure and if you don’t fit it then you don’t get a loan. But we can deviate from that and say, “OK, you don’t fit our criteria, but we’ll still take a chance and give you a loan anyway.”

Q What can customers expect when they come in there?
A A friendly atmosphere. We know that this is the last trip for everybody. They wouldn’t be coming through our doors if they didn’t have bad credit, if they didn’t have trouble paying people and if they didn’t need a loan. We try to give everybody a fresh start because we think everybody deserves a fresh start in life.

ADDRESS 178A N. Dupont Highway, Dover
PHONE 861-0440
HOURS 9 a.m. to 6 p.m. Monday to Thursday, 9 a.m. to 7 p.m. Friday, 10 a.m. to 3 p.m. Saturday

Email Brian Citino at