Personal Loans in South Portsmouth, Kentucky

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No personal loan companies in South Portsmouth, KY. Consider companies in other cities:

Company nameAddressZip codePhone number
Citizens National Bank 615 Mountain Pkwy, Salyersville, KY 41465 +1 (606) 349 - 8800
Heights Finance Corporation 1365 S Main St, Madisonville, KY 42431 +1 (270) 825 - 8755
Cash Express 166B Carol Malone Blvd, Grayson, KY 41143 +1 (606) 475 - 0021
World Finance 144 Parkway Plaza Loop, Whitesburg, KY 41858 +1 (606) 633 - 9600
WesBanco Bank 34 N Ft Thomas Ave, Fort Thomas, KY 41075 +1 (859) 442 - 7600
Community Trust Bank 10579 Regina Belcher Hwy, Regina, KY 41559 +1 (606) 754 - 4462
The Cecilian Bank 76 Public Square, Leitchfield, KY 42754 +1 (270) 259 - 3127
Bank of Edmonson County 109 Main St, Brownsville, KY 42210 +1 (270) 597 - 2175
First Federal Savings & Loan 655 Main St, Hazard, KY 41701 +1 (606) 436 - 3860
Magnolia Bank, Inc. 794 Old Elizabethtown Rd, Hodgenville, KY 42748 +1 (270) 358 - 3111

Personal Loan Companies in Nearby Cities

If there are no personal loan companies in South Portsmouth, KY, you can try to find different companies in big cities nearby. Check out the following pages here: Personal Loans in Florence, KY, Personal Loans in Georgetown, KY, Personal Loans in Hopkinsville, KY, Personal Loans in Louisville, KY, Personal Loans in Owensboro, KY and Personal Loans in Richmond, KY. 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 South Portsmouth, KY.

Personal loans are a popular way for Kentucky residents to access funds when they need them. In South Portsmouth, Kentucky, personal loans are legal and can help individuals bridge financial gaps or fund unexpected expenses. However, it’s important to understand the specifics of personal loans in South Portsmouth before you apply.

What are personal loans?

Personal loans are loans that aren’t secured by collateral like a home or car. Instead, a lender will use your credit history and income to determine your eligibility and interest rate for the loan. Personal loans can be used for a variety of purposes, such as debt consolidation, home improvements, or medical bills. They’re also popular for funding large purchases like weddings or vacations.

Can I get a personal loan in South Portsmouth, Kentucky?

Yes, personal loans are legal in South Portsmouth, Kentucky, and are widely available from banks, credit unions, and online lenders. However, lenders will evaluate your creditworthiness and financial situation before approving your loan application. Be sure to compare offers from multiple lenders to find the best terms and interest rates for your situation.

What are the requirements for personal loans in South Portsmouth?

The specific requirements for personal loans in South Portsmouth will vary by lender, but most lenders will require:

  • A minimum credit score of 580
  • Proof of income and employment
  • A social security number or government-issued ID
  • A checking or savings account

It’s important to keep in mind that each lender may have additional requirements, so be sure to check with the specific lender before applying for a personal loan.

What are the interest rates and terms for personal loans in South Portsmouth?

The interest rates and terms for personal loans in South Portsmouth will depend on the lender, the amount borrowed, and your creditworthiness. However, generally, personal loans will have higher interest rates than secured loans like mortgages or auto loans because they’re unsecured. Interest rates can range from 5% to 36% or higher, depending on the lender and borrower qualifications. Loan terms can vary from one to seven years.

How can I apply for a personal loan in South Portsmouth?

If you’re interested in applying for a personal loan in South Portsmouth, there are a few steps you should take:

  • Check your credit score and history. You can access a free credit report once per year from each of the three major credit bureaus.
  • Research lenders and compare interest rates, terms, and fees.
  • Gather the documents and information required by the lender.
  • Submit an application with the lender of your choice.

Interesting facts and statistics about personal loans in South Portsmouth

  • The average credit score of South Portsmouth residents is 672 (slightly above the national average).
  • In recent years, the percentage of South Portsmouth residents with a credit score of 720 or above has increased by 2.82%.
  • Between 2010 and 2013, the average credit card balance in Kentucky increased by over 8 percent to $5,232 per household.
  • Most popular reasons for taking out personal loans in Kentucky: debt consolidation, home improvement, and major purchases.

Apply Now

If you’re interested in getting a personal loan in South Portsmouth, Kentucky, TheGuaranteedLoans can help connect you with potential lenders. Fill out our online application to get started. Keep in mind that TheGuaranteedLoans is a connector service and not a direct lender. We’ll facilitate your connection with lenders who may be able to offer you a personal loan.

Conclusion

Personal loans can be a valuable tool for Kentucky residents who need access to funds to cover unexpected expenses or major purchases. However, it’s important to do your research, compare your options, and understand the requirements and terms of personal loans in South Portsmouth before you apply. By following these steps and working with a reputable lender or connector service like TheGuaranteedLoans, you can access the funds you need while minimizing your risk.

South Portsmouth, KY personal loan calculator

F.A.Q.

Can personal loans in South Portsmouth, Kentucky be used for any purpose?

Personal loans in South Portsmouth, Kentucky can be used for any personal expense, such as home improvements, medical bills, or debt consolidation. However, some lenders may have restrictions on how the loan proceeds can be used, so it is important to check with the lender before borrowing.

Are personal loans in South Portsmouth, Kentucky available for individuals with bad credit?

Yes, personal loans in South Portsmouth, Kentucky are available for individuals with bad credit. However, these loans may have higher interest rates and may require a co-signer or collateral to secure the loan.