Installment Loans in Folsomville, Indiana

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No installment loan companies in Folsomville, IN. Consider companies in other cities:

Company nameAddressZip codePhone number
Advance America 1803 Cassopolis St, Elkhart, IN 46514 +1 (574) 264 - 7919
1st Source Bank 411 Illinois St, Walkerton, IN 46574 +1 (574) 586 - 3131
Amerifirst Home Mortgage - Lawrenceburg, IN 401 W Eads Pkwy Suite 240, Lawrenceburg, IN 47025 +1 (812) 577 - 0677
Advance America 1714 N Walnut St, Hartford City, IN 47348 +1 (765) 348 - 1220
Check Into Cash 5670 Grape Rd, Mishawaka, IN 46545 +1 (574) 243 - 3144
World Finance 2535 Maple Point Dr, Lafayette, IN 47905 +1 (765) 446 - 1357
Samuel Hamilton - Prudential Financial 981 State Rd 46 E, Batesville, IN 47006 +1 (812) 934 - 4593
Check Into Cash 1035 S Scatterfield Rd, Anderson, IN 46012 +1 (765) 643 - 4990
Alliance Bank 101 W Montgomery St, Francesville, IN 47946 +1 (888) 567 - 2101
Chase Bank 620 Countryside Dr, Columbia City, IN 46725 +1 (260) 248 - 8111

Installment Loan Companies in Nearby Cities

If there are no installment loan companies in Folsomville, IN, you can try to find different companies in big cities nearby. Check out the following pages here: Installment Loans in Gary, IN, Installment Loans in Goshen, IN, Installment Loans in Granger, IN, Installment Loans in Greenwood, IN, Installment Loans in Guilford, IN, Installment Loans in Hammond, IN, Installment Loans in Indianapolis, IN and Installment Loans in Jeffersonville, IN. But also, you can apply for a loan online, not coming out of your home. Just fill out a simple application on our website and we will connect you with trusted direct lenders in Folsomville, IN.

What are Installment Loans?

Installment loans are a popular type of borrowing in Folsomville, Indiana. Unlike payday loans that are due in one lump sum, installment loans are repaid in smaller, fixed payments over a longer period of time.

The length of time it takes to repay an installment loan can vary from a few months to several years, depending on the amount borrowed and the interest rate. The terms of the loan are agreed upon upfront, making it easy for borrowers to budget and plan their finances.

The Legality of Installment Loans in Folsomville, Indiana

Installment loans are legal in Indiana. State law regulates the maximum interest rate that can be charged on loans, which helps protect borrowers from excessive fees and interest charges.

It’s important to note that lenders offering installment loans in Indiana must be licensed by the state. By law, lenders must make all fees and charges associated with the loan clear and upfront, so borrowers know exactly what they’re agreeing to when they sign the loan agreement.

How to Apply for an Installment Loan in Folsomville, Indiana

If you’re considering an installment loan in Folsomville, Indiana, the application process is usually straightforward. Most lenders will require you to provide proof of income, a valid identification card, and proof of residency.

You can apply for an installment loan online or in person at a lender’s physical location. The application process usually takes just a few minutes, and you can typically expect to receive a decision within a few hours or days.

The Benefits of Installment Loans

There are several benefits to taking out an installment loan in Folsomville, Indiana. One of the biggest advantages is that the repayment terms are fixed, making it easy for borrowers to budget and plan their finances. Additionally, installment loans are usually more flexible than other types of loans, allowing borrowers to repay the loan early if they have the means to do so.

Another benefit of installment loans is that they can help you build credit. As long as you make your payments on time, your credit score will improve over time, making it easier for you to get approved for other loans in the future.

Interesting Facts and Statistics About Installment Loans in Folsomville, Indiana

  • In Indiana, the maximum loan amount for a payday loan is $550, while for an installment loan, it’s $50,000.
  • The maximum interest rate that lenders can charge in Indiana is 36%.
  • There are currently more than 2,000 licensed lenders in Indiana offering installment loans.
  • In 2020, the total volume of consumer loans in Indiana was more than $3 billion, and the majority of these loans were installment loans.

Apply Now for an Installment Loan in Folsomville, Indiana

At TheGuaranteedLoans, we can help you connect with potential lenders offering installment loans in Folsomville, Indiana. Simply fill out our online application form, and we’ll match you with suitable lenders based on your financial profile.

It’s important to note that TheGuaranteedLoans is not a direct lender. We’re a connector service designed to help consumers find the best loan options for their needs. If you’re approved for a loan, you’ll work directly with the lender to determine the terms of the loan, including repayment schedules and interest rates.

Apply now for an installment loan in Folsomville, Indiana, and take the first step toward achieving your financial goals.

Useful Articles

Folsomville, IN installment loan calculator

Advise to read before applying

F.A.Q. About Installment Loans

Can I get No Credit Check Loan in Folsomville, IN?

Yes, you can get a no credit check loan in Folsomville, IN when you apply online.

How to Get a Bad Credit Loans in Folsomville, IN?

To apply for a bad credit loan in Folsomville, IN, you need to find a direct loan lender online.

Look for Installment Loans in Other Cities:

Anderson Bloomington Carmel Columbus Elkhart Evansville Fishers Fort Wayne Gary Goshen Granger Greenwood Guilford Hammond Indianapolis Jeffersonville Kokomo Lafayette Merrillville Michigan City Mishawaka Muncie New Albany Noblesville Plainfield Portage Richmond South Bend Terre Haute Valparaiso West Lafayette Westfield
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