Installment Loans in Lakeville, Massachusetts

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No installment loan companies in Lakeville, MA. Consider companies in other cities:

Company nameAddressZip codePhone number
Citizens Bank 33 Center St, Ludlow, MA 01056 +1 (413) 589 - 0111
Harr Credit Express 35 Millbrook St, Worcester, MA 01606 +1 (508) 595 - 3245
Berkshire Bank MyTeller 187 Main St, Indian Orchard, MA 01151 +1 (800) 773 - 5601
United Bank 528 Center St, Ludlow, MA 01056 +1 (413) 726 - 2419
Citizens Bank Supermarket Branch 127 Samoset St, Plymouth, MA 02360 +1 (508) 747 - 0561
Cornerstone Bank 86 Worcester Rd, Webster, MA 01570 +1 (508) 949 - 2600
Urban Bad Credit Loan 765 Hancock St, Quincy, MA 02170 +1 (617) 958 - 7121
Berkshire Bank 226 Boston Turnpike, Shrewsbury, MA 01545 +1 (508) 797 - 6966
Members Plus Credit Union 29 High St, Medford, MA 02155 +1 (781) 905 - 1500
Citizens Bank 250 Rockland St, Hanover, MA 02339 +1 (617) 551 - 6207

Installment Loan Companies in Nearby Cities

If there are no installment loan companies in Lakeville, MA, you can try to find different companies in big cities nearby. Check out the following pages here: Installment Loans in Brockton, MA, Installment Loans in Brookline, MA, Installment Loans in Cambridge, MA, Installment Loans in Chelmsford, MA, Installment Loans in Chelsea, MA, Installment Loans in Chicopee, MA, Installment Loans in Dartmouth, MA and Installment Loans in Dracut, MA. 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 Lakeville, MA.

What are Installment loans in Lakeville, Massachusetts?

An installment loan is a type of loan that is repaid over a period of time in installments. These loans are available in Lakeville, Massachusetts, and are popular among borrowers who need a larger amount of money than what a payday loan can offer. Installment loans in Lakeville, Massachusetts are legal and regulated by state law.

How do Installment loans work?

Installment loans in Lakeville, Massachusetts work like any other installment loan. A borrower receives a lump sum, which they pay back over an extended period of time in monthly installments. The amount of the loan, interest rate, and the repayment terms are all agreed upon by the borrower and the lender.

Interest rates on installment loans can vary depending on the lender, the loan amount, and the borrower’s credit score. The repayment terms can range from a few months to several years.

What are the requirements for getting an Installment loan in Lakeville, Massachusetts?

The requirements for getting an installment loan in Lakeville, Massachusetts vary depending on the lender. However, most lenders require that the borrower is at least 18 years old, has an active bank account, and can provide proof of income. Some lenders may also require a minimum credit score to qualify for the loan.

Advantages of Installment loans in Lakeville, Massachusetts

  • Longer repayment period: Installment loans in Lakeville, Massachusetts have a longer repayment period, making them ideal for borrowers who need a larger amount of money that they can’t repay in one lump sum payment.
  • Fair interest rates: Installment loans in Lakeville, Massachusetts have fair interest rates compared to payday loans and other short-term loans.
  • Improve credit score: Because installment loans in Lakeville, Massachusetts are reported to credit bureaus, borrowers can use them to improve their credit scores with timely payments.
  • Fewer penalties: Installment loans in Lakeville, Massachusetts have fewer penalties for prepayment, late payment, and early repayment.

Disadvantages of Installment loans in Lakeville, Massachusetts

  • Higher interest rates: While the interest rates on an installment loan in Lakeville, Massachusetts are fairer than payday loans and other short-term loans, they still tend to be higher than traditional bank loans.
  • Collateral: Some lenders may require collateral to secure your loan, which can put your property at risk should you default on your payments.
  • Credit score: Many lenders require a minimum credit score to qualify for an installment loan in Lakeville, Massachusetts.

Interesting facts and statistics about Installment loans in Lakeville, Massachusetts

  • According to a recent study, installment loans in Massachusetts increased by 272% between 2012 – 2015.
  • Average loan size in Lakeville, Massachusetts is $1,500 to $2,000.
  • The interest rate for installment loans in Lakeville, Massachusetts typically range from 6.63% to 225%, depending on credit score and lender type.
  • According to a recent survey, 43% of borrowers in Massachusetts use installment loans for unexpected expenses, while 31% use them for recurring expenses.
  • In 2020, the total amount loaned out for installment loans in Massachusetts was over $7.6 billion.

Apply Now

If you’re interested in applying for an installment loan in Lakeville, Massachusetts, TheGuaranteedLoans can help. We are a connector service that connects borrowers with potential lenders. We pride ourselves on our speed and efficiency in connecting borrowers with the right lenders for their specific needs. You can fill out an online application on our website and receive a list of potential lenders within minutes!

At TheGuaranteedLoans, we are committed to ensuring that borrowers have access to the financial support they need when they need it. Apply now and get one step closer to securing the funds you need!

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Installment Loans Available in Lakeville, MA By The Following ZIP Codes:

02347

Lakeville, MA installment loan calculator

Advise to read before applying

F.A.Q. About Installment Loans

Can I get No Credit Check Loan in Lakeville, MA?

Yes, you can get a no credit check loan in Lakeville, MA when you apply online.

How to Get a Bad Credit Loans in Lakeville, MA?

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

Look for Installment Loans in Other Cities:

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