Installment Loans in Margarettsville, North Carolina

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No installment loan companies in Margarettsville, NC. Consider companies in other cities:

Company nameAddressZip codePhone number
BB&T 601 S Main St, King, NC 27021 +1 (336) 983 - 2516
Seaside Mortgage Corporation 5653 Carolina Beach Rd, Wilmington, NC 28412 +1 (910) 452 - 0876
May Coalition 169 Locust St, Spruce Pine, NC 28777 +1 (828) 765 - 8880
Colonial Credit Inc 810 N Broad St, Edenton, NC 27932 +1 (252) 482 - 3808
Union Bank 1750 Durham Rd, Roxboro, NC 27573 +1 (336) 322 - 1165
Wells Fargo Bank 137 Charlotte Rd, Rutherfordton, NC 28139 +1 (828) 286 - 7055
Time Financing Service 1046 Bragg Blvd, Fayetteville, NC 28301 +1 (910) 868 - 9411
Basic Finance Inc 262 E Main St, Elkin, NC 28621 +1 (336) 526 - 3400
SunTrust 2009 Fearrington Village Center, Pittsboro, NC 27312 +1 (919) 726 - 5028
Credit Financial Group 5818 W Hwy 74, Indian Trail, NC 28079 +1 (704) 261 - 0145

Installment Loan Companies in Nearby Cities

If there are no installment loan companies in Margarettsville, NC, you can try to find different companies in big cities nearby. Check out the following pages here: Installment Loans in Chapel Hill, NC, Installment Loans in Charlotte, NC, Installment Loans in Concord, NC, Installment Loans in Durham, NC, Installment Loans in Fayetteville, NC, Installment Loans in Gastonia, NC, Installment Loans in Goldsboro, NC and Installment Loans in Greensboro, NC. 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 Margarettsville, NC.

Are you facing a financial emergency that requires quick cash in hand? Whether you need to pay off your medical bills or unexpected car repairs, an installment loan can be an excellent option for you. In Margarettsville, North Carolina, installment loans are legal and popular among the residents. In this article, we will take a comprehensive look at what installment loans are, how they work, and where to find them in Margarettsville, North Carolina.

What are Installment Loans?

Installment loans are a type of loan that allows borrowers to receive a lump sum of money that is repaid with interest over a set period of time. Unlike payday loans, which require full repayment by the next payday, installment loans provide borrowers with a more extended period to repay the loan, usually ranging from a few months to several years.

Installment loans can be secured or unsecured. A secured loan requires the borrower to put up collateral, such as a car or home, to obtain the loan, while an unsecured loan does not require collateral. However, unsecured loans usually come with higher interest rates than secured loans due to the higher risk to the lender.

How do Installment Loans work in Margarettsville, North Carolina?

In Margarettsville, North Carolina, installment loans are legal and regulated by state laws. The maximum loan amount allowed is $10,000, with a maximum repayment term of 36 months. The maximum interest rate for installment loans is 30% per annum.

To apply for an installment loan in Margarettsville, North Carolina, you must be at least 18 years old and have a steady source of income. You will need to provide personal information, such as your name, address, and social security number, as well as employment and income information.

Once you submit your application, the lender will review it and decide whether to approve or deny your loan request. If your loan is approved, funds are typically deposited into your bank account within a few business days.

Where can you find Installment Loans in Margarettsville, North Carolina?

There are many lenders in Margarettsville, North Carolina, offering installment loans to borrowers. You can apply for an installment loan at a local bank or credit union or an online lender. However, it is always recommended to do your research and compare different lenders to find the best loan terms and interest rates that suit your financial needs.

  • Local Banks and Credit Unions: Many local banks and credit unions in Margarettsville, North Carolina, offer installment loans to their customers. These institutions may have more relaxed eligibility requirements and may offer lower interest rates than online lenders.
  • Online Lenders: Online lenders are becoming increasingly popular in Margarettsville, North Carolina. You can compare different lenders and their loan terms and interest rates from the comfort of your home. However, beware of predatory lenders and scams in the online lending industry.

Interesting Facts and Statistics about Installment Loans in Margarettsville, North Carolina

  • According to the North Carolina Commissioner of Banks, as of January 2021, there were 24,703 installment loans totaling $133,578,161 in outstanding loans in the state of North Carolina.
  • The average loan amount for installment loans in North Carolina was $5,402, with an average interest rate of 15.92%.
  • In 2019, the North Carolina General Assembly passed the North Carolina Consumer Finance Act, which increased the maximum loan amount for installment loans from $5,000 to $10,000 and extended the maximum repayment term from 24 to 36 months.

Apply Now

If you are in need of an installment loan in Margarettsville, North Carolina, TheGuaranteedLoans can help you find potential lenders. Simply fill out our online application form, and we will connect you with lenders who may be able to provide you with the cash you need. Please note that TheGuaranteedLoans is not a direct lender but a connector service that facilitates your connection with potential lenders. Apply now and get the funds you need to cover your unexpected expenses.

Margarettsville, NC installment loan calculator

F.A.Q. About Installment Loans

Can I get No Credit Check Loan in Margarettsville, NC?

Yes, you can get a no credit check loan in Margarettsville, NC when you apply online.

How to Get a Bad Credit Loans in Margarettsville, NC?

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