Indiana Personal Loan for Bad Credit Laws and Regulations in (IN)

(last updated 06/11/2019)
Indiana Uniform Consumer Credit Code ("UCCC"), IC 24-4.5

There is a law in Indiana which regulates how much you can be charged for credit, restricts what can happen to you if you pay late, and defines what information must be provided to you before you commit to any credit transaction. The name of that law is the Indiana Uniform Consumer Credit Code ("UCCC"), IC 24-4.5. Some of the UCCC's more important provisions are given below.

The following rates can be charged on credit sales or loans: 36 % on amounts financed up to $960,

plus 21 % on the portion of the amount financed from $960.01 to $3,200,

plus 15 % on the portion of the amount financed over $3,200; or 21%, whichever is greater.
 
This information is for informational purposes only. Although care has been taken to accurately describe the laws and regulations in Indiana, no guarantees are implied or expressed about its accuracy. This is not legal advice. If you need legal advice, please consult an attorney or the Indiana Department of Financial Institutions.
 
The following classes of lending organizations may be exempt from some, all, or none of the regulations and laws set by the state of Indiana. Federally chartered banks, state chartered banks, credit unions and some entities organized under the laws of a sovereign nation (for example) a Native American Tribe or the country of Antigua.

Indiana Personal Loan for Bad Credit Lending Regulator (IN)

Regulating Authority
Indiana Department of Financial Institutions
30 South Meridian Street.
Suite 300
Indianapolis, IN 46204
(317)232-3955, (800)382-4880
in.gov/dfi/index.htm

Agency for Handling Complaints
Department of Financial Institutions
30 S. Meridian St.
Suite 300
Indianapolis , IN 46204
317-232-3955, 800-382-4880
in.gov/dfi/2335.htm

 

IN Loan Request

Requested Amount
Your Preferred Term
Your Preferred Rate
Based on your entries above...
Amount
Financed
  
Total of
Payments
  
Loan
Term
  
Finance
Charges
  
Monthly Payment
  
 
APR
  

Related Indiana Loan Programs

Personal Loans in IN
$1,000 to $40,000 - Credit Score 650+
 
Small Business Loans in IN
For Bad to Excellent Credit. Flexible Terms.

Flag of the State of Indiana Most of the time, lately, it feels like your debt is piled higher than Mt. Baldy. Indiana life just seems to be getting more and more expensive. Whether you wear cream and crimson, black and gold, or you’re still hanging in there with blue and white, an installment loan could help, even if you have bad credit.

If your dairy adventure at Fair Oaks Farms turns into a transmission nightmare, including an expensive tow all the way home, how are you supposed to pay for that? Your roommate’s party goes haywire when a bunch of rowdy IUB students show up. Now you need new carpeting and a new roommate. You wish there were a way to pay these expenses over time.

You could be the victim of a smash and grab in Gary – and you don’t have comprehensive coverage on your car. Or maybe you didn’t realize you needed a referral to your dermatologist in Muncie, and now you’re stuck with a huge bill. Perhaps you need to sell your house in Indianapolis, but you can’t until you repaint it. Whether your floor is rotting in Hammond, your plumbing is leaking in Portage, or it’s time for bifocals in Brazil, an installment loan could make all those expenses manageable.

Are your finances coming up short? An installment loan might be just the boost you need to stay on top of things. However, getting a loan with bad credit can be tough. We Give Loans understands.

Our unique network has 10,476 loan sources that offer personal loans for people with bad credit. With one short, secure, form, we can pair you with the right loan source for your situation. Approvals are online and typically take minutes. In 1 to 72 business hours, most lenders can fund installment loans of $500 to $5,000 with flexible repayment terms ranging from 2 to 36 months.

Since 2006, We Give Loans has successfully paired more than two million people with the right loan source, even people seeking personal loans for bad credit! Our no cost, no obligation pairing process is simple to use and is far more efficient than filling out application after application with many different lenders. Complete our form today and see how easy it is to reach financial peace of mind!


 

Indiana Personal Loans for Bad Credit (IN) by City

Indiana Debt Relief, Financial Counseling, and Consumer Credit Information


If you would like to look into the possible benefits of these services, National Debt Relief - Whom Offers a Free Savings Estimate is a leader in financial counseling services in Indiana.