Installment Loans in Pendleton, North Carolina

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

Company nameAddressZip codePhone number
First National Bank 104 Progress Ln, Yadkinville, NC 27055 +1 (336) 677 - 2000
Allied Financial Services 1102 West Ave NW, Lenoir, NC 28645 +1 (828) 758 - 7007
Security Financial Services 3453 Airport Blvd NW Ste C, Wilson, NC 27896 +1 (252) 234 - 5873
ACE Cash Express 1529 W Innes St, Salisbury, NC 28144 +1 (704) 639 - 0700
Universal Finance 1038 Lenoir Rhyne Blvd SE, Hickory, NC 28602 +1 (828) 267 - 0005
First Bank - Jacksonville Main, NC 4110 Western Blvd, Jacksonville, NC 28546 +1 (910) 347 - 6444
Wells Fargo Bank 2906 N Croatan Hwy, Kill Devil Hills, NC 27948 +1 (252) 480 - 3600
Regional Finance 5279 N Roxboro St E, Durham, NC 27712 +1 (919) 864 - 4436
Regional Finance 638 Spartanburg Hwy #30, Hendersonville, NC 28792 +1 (828) 698 - 4360
Southern Trust Mortgage 2600 N Croatan Hwy, Kill Devil Hills, NC 27948 +1 (252) 389 - 9427

Installment Loan Companies in Nearby Cities

If there are no installment loan companies in Pendleton, NC, you can try to find different companies in big cities nearby. Check out the following pages here: Installment Loans in Apex, NC, Installment Loans in Asheville, NC, Installment Loans in Burlington, NC, Installment Loans in Cary, NC, Installment Loans in Chapel Hill, NC, Installment Loans in Charlotte, NC, Installment Loans in Concord, NC and Installment Loans in Durham, 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 Pendleton, NC.

Understanding Installment Loans in Pendleton, North Carolina

Installment loans are a type of financing where borrowers receive a lump sum of money and agree to make regular payments (installments) over a predetermined period. These loans are a popular option for people in North Carolina who need quick access to funds for unforeseen expenses or large purchases such as appliances, vehicles, or home improvements.

How Do Installment Loans Work in Pendleton, North Carolina?

Installment loans in Pendleton, NC are legal and regulated under the North Carolina Consumer Finance Act. This means lenders must comply with specific rules and regulations designed to protect borrowers from predatory lending practices.

Before applying for an installment loan, borrowers should research and compare lenders to find the best terms and rates. Once approved, borrowers receive the funds in a lump sum and agree to repay the loan over a set period, typically between 6 months to 5 years.

Installment loans require regular payments, which can be weekly or monthly, depending on the loan agreement. Payments usually consist of interest and a portion of the principal balance, which decreases over time.

Benefits of Installment Loans in Pendleton, North Carolina

There are several benefits to obtaining an installment loan in Pendleton, including:

  • Flexible terms: Installment loan terms can vary from 6 months to 5 years, depending on the lender. This flexibility gives borrowers the freedom to structure their loan payments around their budget and financial circumstances.
  • No collateral required: Unlike secured loans, such as car loans or mortgages, installment loans in North Carolina do not require collateral to secure the loan. This feature allows people without assets to obtain financing.
  • Predictable payments: Installment loans come with fixed rates and consistent payment schedules, making it easier for borrowers to budget and plan for loan payments.

What You Need to Know Before Applying for an Installment Loan in Pendleton, North Carolina

Before applying for an installment loan, borrowers in Pendleton, NC must comply with the following eligibility criteria:

  • Be 18 years or older
  • Have a valid Social Security number or government-issued ID
  • Provide proof of income, including pay stubs or tax returns
  • Show proof of residency, such as a utility bill or lease agreement
  • Provide a checking account for loan disbursement and repayment
  • Meet the lender’s creditworthiness requirements

Interesting Facts About Installment Loans in Pendleton, North Carolina

  • North Carolina’s Consumer Finance Act specifies that the maximum loan amount for installment loans is $10,000.
  • According to a report by the Center for Responsible Lending, installment loans in North Carolina have an average annual percentage rate (APR) of 50-120%.
  • Data from the National Conference of State Legislatures shows that 33 US states have legalized and regulated installment loans.

Apply Now for an Installment Loan in Pendleton, North Carolina

If you need financial assistance and meet the eligibility criteria outlined above, submit an online application for an installment loan in Pendleton, North Carolina, through TheGuaranteedLoans. We are a connector service that connects borrowers with potential lenders. Our online application is easy to use and quick to complete.

Please note that TheGuaranteedLoans is not a direct lender, and we do not make credit decisions. We facilitate connections between borrowers and lenders and provide our customers with access to multiple loan options.

Conclusion

Installment loans in Pendleton, North Carolina, are a legal and regulated option for people who need financing for unexpected expenses or large purchases. As with any financial decision, it is essential to research and compare lenders to find the best terms and rates.

By understanding the eligibility criteria, benefits, and potential drawbacks of installment loans, borrowers can make informed decisions and avoid predatory lending practices.

Pendleton, NC installment loan calculator

F.A.Q. About Installment Loans

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

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

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

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