Installment Loans in Montague, Massachusetts

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

Company nameAddressZip codePhone number
Jeanne D'Arc Credit Union 1595 Bridge St, Dracut, MA 01826 +1 (978) 452 - 5001
Barbara Keizer - Mortgage Loan Officer 175 Great Rd Suite 4, Bedford, MA 01730 +1 (781) 844 - 9474
Citizens Bank Supermarket Branch 259 Main St, Stoneham, MA 02180 +1 (781) 438 - 1523
Rockland Trust 78 County Rd, North Falmouth, MA 02556 +1 (508) 563 - 6060
Greylock Federal Credit Union 455 Main St, Williamstown, MA 01267 +1 (800) 207 - 5555
Freedom Mortgage - Oxford 367 Main St Unit 3, Oxford, MA 01540 +1 (877) 684 - 4210
Leominster Credit Union 159 Mechanic St, Clinton, MA 01510 +1 (978) 537 - 8021
Fidelity Bank 1 School Square, Winchendon, MA 01475 +1 (978) 297 - 2447
Milford Federal Bank 246 Main St, Milford, MA 01757 +1 (508) 634 - 2500
Loan Express 162 River St, Haverhill, MA 01832 +1 (978) 521 - 8050

Installment Loan Companies in Nearby Cities

If there are no installment loan companies in Montague, MA, you can try to find different companies in big cities nearby. Check out the following pages here: Installment Loans in Malden, MA, Installment Loans in Marlborough, MA, Installment Loans in Medford, MA, Installment Loans in Natick, MA, Installment Loans in Needham, MA, Installment Loans in New Bedford, MA, Installment Loans in Newton, MA and Installment Loans in North Andover, 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 Montague, MA.

Understanding Installment Loans in Montague, Massachusetts

Are you considering taking out an installment loan in Montague, Massachusetts? If so, you are not alone. Installment loans are a popular type of loan that are legal in Massachusetts. This type of loan allows the borrower to repay the loan over time in smaller, more manageable installments. But before you apply, it is important to understand the details of these loans, including their benefits and potential drawbacks.

What Is an Installment Loan?

An installment loan is a type of loan that is typically repaid over a set period of time through a series of scheduled payments. Unlike a payday loan, which usually must be repaid in full on the borrower’s next payday, installment loans are repaid in installments over the course of several months or even years.

Installment loans are often used for larger expenses, such as car repairs, home renovations, or unexpected medical bills. They can offer borrowers more flexible repayment options than other types of loans.

Benefits of Installment Loans

  • Flexible Repayment: With installment loans, borrowers can choose repayment terms that work best for their budget.
  • Predictable Payments: Since the payments are scheduled in advance, borrowers know exactly when and how much they will need to pay each month.
  • Larger Loan Amounts: Installment loans typically offer larger loan amounts than other types of short-term loans, such as payday loans.
  • Lower Interest Rates: Installment loans often have lower interest rates than other types of loans, making them a more affordable option for many borrowers.

Potential Drawbacks of Installment Loans

  • Long-Term Debt: Since installment loans are repaid over time, borrowers can end up with long-term debt that lasts for months or even years.
  • Higher Overall Cost: Although installment loans may have lower interest rates than other types of short-term loans, they can still be expensive in the long run due to the longer repayment term.
  • Risk of Default: If a borrower is unable to make their scheduled payments, they risk defaulting on the loan. This can have serious consequences, including damage to their credit score and potential legal action by the lender.

Installment Loans in Montague, Massachusetts: Interesting Facts and Statistics

  • According to a report by the Pew Charitable Trusts, 12 million Americans use installment loans each year.
  • In Massachusetts, the average installment loan is $1,000, with an average APR of 23%.
  • According to a report from the Center for Responsible Lending, almost half of all payday loan borrowers in Massachusetts have taken out an installment loan in the past year.

Apply Now

If you are considering taking out an installment loan in Montague, Massachusetts, TheGuaranteedLoans is here to help. We are a connector service that can connect you with potential lenders who may be able to offer you the loan you need. Simply fill out our online application to get started. Remember, we are not a direct lender and cannot guarantee loan approval, but we will work hard to connect you with potential lenders who may be able to help.

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

01351

Montague, MA installment loan calculator

Advise to read before applying

F.A.Q. About Installment Loans

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

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

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

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

Look for Installment Loans in Other Cities:

Andover Arlington Attleboro Beverly Billerica Boston Brockton Brookline Cambridge Chelmsford Chelsea Chicopee Dartmouth Dracut Everett Fall River Falmouth Fitchburg Framingham Haverhill Holyoke Lawrence Leominster Lexington Lowell Lynn Malden Marlborough Medford Natick Needham New Bedford Newton North Andover Peabody Pittsfield Plymouth Quincy Randolph Revere Salem Shrewsbury Somerville Springfield Taunton Tewksbury Waltham Westfield Woburn Worcester
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