Why get an Online Loan in North Carolina?
We get it. Sometimes, emergency expenses like having a baby come up and you need to get cash
immediately. Nevertheless, you don't have the income or credit to put it on your credit card.
Thankfully, getting an online loan in North Carolina is quick and easy. It doesn't matter if you live
in Charlotte, Raleigh, Greensboro, or Statesville, you can you loan deposited the same business day or if applying after 11am, the next business day.
How Much do Online Installment Loans in North Carolina Cost?
The maximum annual percentage rate allowed by law in North Carolina is 36% APR.
Finance Charges
Often, the APR includes the interest rate plus fees. In North Carolina, lenders may charge a maximum
of 36% APR.
Representative Example
For example, Sofia has an unexpected having a baby expense and needs cash
immediately. They can borrow up to $40,000 for up to 5 years
at 36% APR. The high APR can make this example loan extremely expensive; Sofia will pay back a total of $84,000 including a total of $54,000 in interest and fees!
What You Need
Before you can get an online loan in North Carolina, this is what you will need:
- You must be at least 18 years old
- Valid North Carolina driver license or government issued ID
- Checking or savings account
- Most recent pay stub
Terms for Online Installment Loans in North Carolina
Maximum loan terms in North Carolina:
- Maximum loan amont: $40,000
- Maximum rate, including fees: 36%
- Maximum loan length: $40,000
