Bad Credit Loans Evansville, IN.
Since the final quarter of the 20th century, Evansville has been growing in a big way. An influx of health services, banking, higher education, and manufacturing created a wave of growth that the city has been riding for several decades now. Though the city may be doing well overall, not everyone is sharing in the success. A personal loan for bad credit in Evansville may be the solution you need, but you’re not sure how to get one. With our Loans Discovery Program, we’ve helped over half a million people discover great lending offers that are perfect for their situation.
Growth That Doesn’t Benefit Everyone
As businesses started coming into Evansville, people had more opportunities to gain steady employment. Average home values went up, as did the average household income. As of 2017, over 61% of the city’s population was active in the labor force. On the flip side, some statistics from Evansville’s pattern of growth weren’t as encouraging.
A Growing Rate of Debt
One of the negative trends that Evansville has experienced has been steady growth in its poverty rating. Between 2010 and 2017, the rate increased from 21.7% to 23.3%. That might not seem bad, but when you consider that’s an additional 1,900 people on top of the roughly 25,000 who were already suffering, you can see why it’s a big concern. Jobs are only worth something if they allow people to provide for basic needs and live a full life. For nearly a quarter of Evansville’s population, that isn’t the case.
A Growing Risk of Being Cheated
If there’s one thing that the Indiana Legislature has proven, it’s that they’re not on the side of the people. Indiana state code 24-4.5-3-201 caps interest rates for consumer loans at 21%. However, with help from the state’s government, payday and title lenders have been able to get around these restrictions. The legislature exempted them from the code in 2002. The state house even tried to push a bill that would allow them to lend more than the current $550, 390% APR limit in 2018. Fortunately, it died in the state senate, but the message is clear – payday and title lenders are both welcome and encouraged by the legislature in the state of Indiana.
A Growing Number of Declined Applications
If anyone could access money when they needed it, payday and titles lenders wouldn’t be a concern at all. Unfortunately, many people believe they’re the only options they have. This is because, traditionally, many banks and lenders:
- Only service borrowers with good to excellent credit
- Perform hard inquiries that can damage a person’s credit rating
- Can take several weeks to approve an application
- Can take even longer to actually process the money
- Charge prepayment penalties to people who pay off their loans early
For people with bad credit, these aren’t conditions that they can work with, so their options seem limited.
There’s a Better Way to Get the Money You Need
All of the above is the bad news for Evansville residents with bad credit. The good news is that you can still get high-quality offers that meet your needs, ensure your credit isn’t damaged, and work fast to get your money at rates you can afford. How? With our Loans Discovery Program!
Options that Match Your Situation
You deserve better than being limited to a few hundred dollars, with charges that amount to more than double what you borrow. We can potentially get offers that allow you to borrow thousands of dollars, at rates you can afford, to pay back over the course of several years. Additionally, we only offer unsecured borrowing options, so no collateral is necessary. Our partners don’t charge any payoff penalties, so if you’re able to pay your debt sooner you don’t have to hesitate!
A Process Designed for Bad Credit
Enduring an initial credit check is a big risk that prevents people from finding their best solution. We don’t think that’s fair, so our system uses the score that you report to us to gauge what offers are right for you. Self-checks don’t affect credit ratings but they still give us the understanding of your situation we need. To protect your financial profile even further, we don’t distribute any of your information.
A Service that Works Fast
You can’t wait on your money for weeks when your debts are growing. A big focus for our business is allowing people to access money quickly so they don’t get hit with late charges. To achieve that goal, we implemented a registration process that takes about 5 minutes to complete. We also assign a personal liaison with Loans Now who will shop lending offers for you, answer your questions, and present your options in about 24 hours. Finally, our network of lenders normally has the money ready to send within on to two business days.
Find Your Financial Success with Loans Now!
You shouldn’t have to live at the mercy of banks who ignore you, lenders who cheat you, or a government that doesn’t care. Our service was founded to help people in difficult situations gain the financial stability they need. To date, we’ve helped hundreds of thousands of customers gain success, both in Indiana and the rest of the U.S. You can enjoy the same success, so put our free service to work and find the money you’ve been seeking today!
- Loan Discovery Process
- Credit Scores Reviewed to 450
- 2, 3, 5 & 7 Year Terms
- Loan Amounts $500 - 70K