Everything was great! The store is near me, and I will definitely visit again!
February 25, 2026
Cash Loans Bear in O’Fallon, MO 63366
Business Hours:
Monday-Sunday: 8am – 10pm
Branch Manager:
Rowan Phillips
Phone:
(636) 339-4450
Email:
rowan.phillips@loansbear.com
Wanted an installment loan, but couldn’t find a good offer. Came to the store, got a solid deal, and received my money quickly.
February 25, 2026
Was in a tough spot, came to get a loan. The staff was helpful, and approval was basically instant. Got money on the same day.
February 24, 2026
Thank you, Rowan!!! You answered all my questions and helped make the process easy!
February 24, 2026
About Our O’Fallon Branch
At our O’Fallon branch, Missouri residents can explore flexible payday and installment loan options with transparent terms and competitive fees. Our knowledgeable team is here to guide you, answer your questions, and help you apply for a loan that works best for your situation.
Missouri Payday Loan Rules and Costs
Every licensed payday lender in Missouri follows the same state rules. The Missouri Division of Finance surveys these lenders every two years. Its latest report covers loans made from October 2023 through September 20241.
Missouri Payday Loan Rules at a Glance
| Rule | Missouri limit |
|---|---|
| Maximum loan amount | $500 |
| Loan term | 14 to 31 days |
| Renewals (rollovers) | Up to 6 |
| Total interest and fees | No more than 75% of the original principal, including all renewals |
| Early repayment | No interest or fees if you repay by the close of the lender’s next full business day |
What a Typical Missouri Payday Loan Costs
| Statewide average, Oct. 2023 – Sept. 2024 | Amount |
|---|---|
| Average loan amount | $300.94 |
| Interest and fees on a 14-day loan | $46.89 |
| Interest and fees on a 31-day loan | $103.83 |
| Average number of renewals | 1.3 |
| Share of loans that defaulted | 5.37% |
How the Cost of an Average $300.94 Loan Grows
14-day and 31-day figures are from the Missouri Division of Finance. The maximum is 75% of $300.94, calculated from the state’s fee cap.
The longer a payday loan stays open, the more it costs. On the average Missouri loan, interest and fees more than double between a 14-day term ($46.89) and a 31-day term ($103.83)1. If you think you’ll need more than a month to repay, ask about an installment loan with fixed monthly payments before you renew.
You can borrow up to $5,000 for with an installment loan, depending on your income and the lender’s criteria. Payday loans are limited to $500 under Missouri state regulations overseen by the Missouri Division of Finance. State law also sets the loan term at 14 to 31 days and caps interest and fees on a payday loan and all of its renewals at 75% of the original principal1.
You can get the money on the same day if you apply early in the morning, before 10 AM. Otherwise, you can expect the funds on the next business day.
Other Locations in Missouri
- Florissant, MO 8198 N Lindbergh Blvd, Florissant, MO 63031 (314) 887-3714
- St. Charles, MO 2105 Zumbehl Rd, St Charles, MO 63303 (636) 206-8125
- St. Peters, MO 6419 Mid Rivers Mall Dr, St Peters, MO 63304 (636) 278-9887
How It Works
1
Simple Process
Apply online in just a few minutes.
2
Quick Approvals
Submit your application and receive a quick decision.
3
Instant Funding
Get funds sent directly to your debit card or bank account.
What You Need to Apply
- A government-issued ID
- Proof of income
- An active checking account
- Proof of address
- Your Social Security Number or ITIN
Additional documents may be required.
For more information about identification and lending requirements, visit the Consumer Financial Protection Bureau.
Other Help for O’Fallon Residents
A loan isn’t always the cheapest fix. The City of O’Fallon runs several programs for low- to moderate-income residents that are worth checking first:
- Interior Home Repair Program: up to $7,500 for eligible repairs as a 5-year forgivable loan for homeowners who live in the home.
- Down Payment Assistance Program: zero-interest, forgivable $10,000 loans for first-time homebuyers. Pre-purchase housing counseling is required.
- Emergency Homeless Prevention: help with mortgage, rent, and utility bills for residents at risk of losing their home. Dial 2-1-1, press 2, enter your ZIP code, then press 3. A case manager calls back within 72 hours.
Explore Loans by State:
Why Choose Cash Loans Bear
Competitive offers
Excellent customer support
5 years of industry experience
Bad credit is welcome
Frequently Asked Questions
Yes, you can still qualify for payday and installment loans in O’Fallon, even with bad credit. We primarily consider factors such as your debt-to-income ratio (DTI) and income rather than your credit score.
You need to meet the following requirements:
- Have a permanent address, an active email, a valid ID, and a US cell phone number
- Be of legal age (over 18)
- Be a U.S. citizen or permanent resident
- Have an active bank account
- Provide proof of income
Sources
-
Missouri Division of Finance
Payday Lender Survey: Report to General Assembly Pursuant to § 408.506 RSMo — state payday rules and costs. February 2025.
