Installment Loans in Summitville, Indiana

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

Company nameAddressZip codePhone number
Cash In A Flash 8327 Kennedy Ave, Highland, IN 46322 +1 (219) 838 - 1845
Home Bank 59 W Washington St, Martinsville, IN 46151 +1 (765) 342 - 6695
World Finance 3306 S Western Ave, Marion, IN 46953 +1 (765) 662 - 1095
1st Source Bank 104 S Jackson St, Auburn, IN 46706 +1 (260) 909 - 6135
Cash America Pawn 810 E Lewis and Clark Pkwy, Clarksville, IN 47129 +1 (812) 285 - 0772
Joseph Weiss - Prudential Financial 2852 E1.0, Monticello, IN 47960 +1 (574) 583 - 4405
Flagstar Bank 202 E 9th St, Rochester, IN 46975 +1 (574) 223 - 3151
Check Into Cash 45 Pine Lake Ave, La Porte, IN 46350 +1 (219) 324 - 2239
Check Into Cash 2920 Grant Line Rd, New Albany, IN 47150 +1 (812) 941 - 1920
First Merchants Bank 990 W Main St, Peru, IN 46970 +1 (765) 472 - 4363

Installment Loan Companies in Nearby Cities

If there are no installment loan companies in Summitville, 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 Summitville, IN.

What are installment loans in Summitville, Indiana?

Installment loans are a popular and legal form of borrowing money in Indiana. An installment loan allows borrowers to receive a lump sum of money they can pay back over a set period with a fixed amount of interest and fees. The borrower receives the funds upfront and will make fixed payments over the agreed-upon loan term, which can range from a few months to several years.

How do installment loans work in Summitville, Indiana?

In Summitville, Indiana, installment loans operate similarly to other states. A borrower would apply for a loan, receive a lump sum of money, and agree to pay it back over time with interest and fees. The borrower would pay back the loan over a set period, making fixed payments to the lender. It’s essential to note that installment loans can have high-interest rates and fees, so it’s essential to read the terms and conditions before agreeing to a loan.

The benefits of installment loans

  • Longer repayment terms compared to other forms of borrowing
  • Predictable payments and schedule
  • Fast application process and approval
  • Fixed interest rates
  • Available to those with bad credit

The disadvantages of installment loans

  • Higher interest rates and fees compared to other forms of borrowing
  • Can lead to debt accumulation if the borrower is not capable of paying
  • Not a long-term financial solution for ongoing financial issues

Interesting facts and statistics about installment loans in Summitville, Indiana

  • According to the Indiana Department of Financial Institutions, in 2020, there were 5,866 licensed lenders in the state of Indiana, with installment loans being one of the most popular.
  • In 2020, Indiana passed a bill to regulate installment loans, reducing the maximum APR from 99% to 36%. This change helped protect Indiana borrowers from predatory lending practices.
  • According to the Pew Charitable Trust, over 40% of Americans don’t have enough savings to cover an unexpected expense of $400. Installment loans can offer a useful solution for those experiencing a financial emergency.

Apply Now

If you need financial assistance, TheGuaranteedLoans is here to help. We are a connector service that can connect you with potential lenders in Summitville, Indiana. Please note that we are not direct lenders. Instead, we can help you find a lender that suits your needs. Fill out our online application, and we’ll get in touch with you as soon as we can.

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

46070

Summitville, IN installment loan calculator

Advise to read before applying

F.A.Q. About Installment Loans

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

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

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

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

Look for Installment Loans in Other Cities:

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