Installment Loans in Lamar, Indiana

All Credits Welcome!

If you have a bad credit score, then don’t worry – it’s not an issue for us!

TGL Loan Services

You can get your money fast after filling out the simple form on the "Get Started" page! Lenders cannot guarantee the approval, but they could approve your loans, even if you are unemployed, receiving government benefits.

Fast Money In Your Bank

You can get your money within hours after filling out the form! We work 24/7 for you!
  • This form is protected with secure 256-bit SSL encryption
  • By clicking “Get Started”, I consent and agree to the Privacy Policy and Terms of Use.

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

Company nameAddressZip codePhone number
Check Into Cash 45 Pine Lake Ave, La Porte, IN 46350 +1 (219) 324 - 2239
Mariner Finance 9515 Indianapolis Blvd Suite 1, Highland, IN 46322 +1 (219) 595 - 0295
Mariner Finance 2468 N Lebanon St, Lebanon, IN 46052 +1 (765) 482 - 1880
Old National Bank 120 N Buffalo St, Warsaw, IN 46580 +1 (574) 549 - 6040
ACE Cash Express 1017 E Coliseum Blvd, Fort Wayne, IN 46805 +1 (260) 484 - 0099
Mariner Finance 1515 E Tipton St, Seymour, IN 47274 +1 (812) 522 - 9423
First Farmers Bank & Trust 244 Hauenstein Rd, Huntington, IN 46750 +1 (260) 359 - 2165
Farm Credit Mid-America 2180 Southway 31, Rochester, IN 46975 +1 (574) 212 - 0298
Mariner Finance 178 Wesst, Logan St, Noblesville, IN 46060 +1 (317) 776 - 0515
CheckSmart 907 Eastern Blvd, Clarksville, IN 47129 +1 (812) 288 - 4209

Installment Loan Companies in Nearby Cities

If there are no installment loan companies in Lamar, IN, you can try to find different companies in big cities nearby. Check out the following pages here: Installment Loans in Plainfield, IN, Installment Loans in Portage, IN, Installment Loans in Richmond, IN, Installment Loans in South Bend, IN, Installment Loans in Terre Haute, IN, Installment Loans in Valparaiso, IN, Installment Loans in West Lafayette, IN and Installment Loans in Westfield, 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 Lamar, IN.

What are Installment Loans and Why are they Legal in Indiana?

Installment loans allow you to borrow a lump sum of money and pay it back in equal installments over a set period of time. They are a popular financing option for situations where you need cash quickly, such as unexpected medical bills, home repairs, or car troubles.

In Indiana, installment loans are legal and regulated by the Department of Financial Institutions. They are an alternative to payday loans, which often have high fees and interest rates that can trap borrowers in a cycle of debt.

How Installment Loans Work in Lamar, Indiana

Lamar, Indiana offers installment loans to residents through a variety of lenders. Each lender has its own terms and conditions, but most installment loans in Lamar, Indiana have the following features:

  • Loan amounts typically range from $1,000 to $10,000.
  • Loan terms vary from 6 months to 5 years.
  • Interest rates range from 10% to 36% APR, depending on the borrower’s creditworthiness and other factors.
  • Borrowers typically repay the loan in equal monthly installments.

It’s important to carefully read and understand the terms and conditions of any installment loan before signing a contract. Make sure you know how much you’ll be repaying each month, the total cost of the loan, and any fees or penalties.

Benefits and Drawbacks of Installment Loans in Lamar, Indiana

There are various benefits and drawbacks to taking out an installment loan in Lamar, Indiana. Benefits include:

  • Ability to borrow a lump sum of money quickly.
  • Flexible repayment terms that can be customized to fit your budget.
  • Fixed interest rates that won’t increase over the life of the loan.
  • Lower interest rates and fees compared to other types of high-cost loans, such as payday loans.

However, there are also some drawbacks to installment loans that you should be aware of, including:

  • High interest rates if you have poor credit or other risk factors.
  • Potential for penalty fees if you miss a payment or default on the loan.
  • Risk of getting trapped in a cycle of debt if you continually borrow money to meet your financial needs.

Interesting Facts and Statistics about Installment Loans in Lamar, Indiana

Did you know that installment loans are becoming a popular alternative to payday loans? According to a report by Pew Charitable Trusts, 8% of Americans have used installment loans in the past year. Additionally, in Indiana, the average installment loan is $3,820 with a term of 17 months and an interest rate of 27.9% APR.

Apply Now for an Installment Loan in Lamar, Indiana

If you need cash quickly and have decided that an installment loan is right for you, consider applying for a loan through TheGuaranteedLoans. Our website provides a connection platform for borrowers to find installment loans through our network of lenders.

We are not a direct lender, but we will facilitate your connection with potential lenders who can provide you with the funds you need. Simply fill out an online application and we will review it to connect you with a lender that matches your financial needs and preferences.

Remember, taking out an installment loan is a serious decision. Make sure you have considered all your options and have read the terms and conditions of the loan agreement before committing to any loan.

Installment Loans Available in Lamar, IN By The Following ZIP Codes:

47550

Lamar, IN installment loan calculator

F.A.Q. About Installment Loans

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

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

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

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