New London Personal Loan in 2025

Common Capital is a Help Organization dedicated to providing the public with comprehensive, accurate, and accessible online information about payday loans in Connecticut

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Connecticut New London

Eligibility Criteria for Personal Loans

  • Valid identification document (passport, driver's license, or national ID).
  • Proof of residence (utility bill or lease agreement).
  • Recent bank statement or payslip for income verification.
  • Active bank account for fund deposit and repayment.
  • Completed application form with accurate personal details.
  • Contact information for communication (email and phone number).
  • Compliance with NGO's financial assistance guidelines.
  • Consent to a potential credit check, if applicable.

Trusted Personal Loan Lenders in New London, CT

Explore our curated list of trusted personal loan lenders, ensuring secure and reliable financing options tailored to meet your unique financial needs and empower your aspirations.

Lender
User Ratings
Address
Phone
Category
Homestead Funding : Keith Turner
User Raiting:
5.00
Address: 8 Union St, New London, CT 06320
Phone: +1 (860) 444-0650
Category: Financial institution
Chelsea Groton Bank
User Raiting:
4.30
Address: One Montauk Ave, New London, CT 06320
Phone: +1 (860) 448-4232
Category: Bank
Ride Today Financial
User Raiting:
3.70
Address: 951 Bank St, New London, CT 06320
Phone: +1 (860) 235-8823
Category: Financial institution

What Are the Alternatives for Short-term Loans in New London?

Explore various financial options beyond payday loans, offering safer, more sustainable solutions to meet urgent monetary needs, reduce debt burdens, and promote long-term financial wellness.

Installment Loans Quick

Installment loans offer borrowers a defined sum repaid in scheduled payments over time, providing reliability through steady obligations.

Emergency Loan Instant

Emergency loans provide immediate access to cash during crises, ensuring crucial expenses are met without delay or hassle.

Title Loans Guaranteed

Title loans use your vehicle as collateral, offering a way to access funds swiftly with the assurance of asset value as security.

Payday Loans Online

Online payday loans facilitate short-term financial needs quickly, providing fast access to funds with minimal paperwork often required.

Cash Loans No Credit Check

No credit check cash loans provide quick financial solutions without scrutinizing your credit score, offering a lifeline when credit history poses challenges.

P2P Loans Fast

Peer-to-peer loans connect borrowers directly with lenders online, providing a fast alternative to traditional lending by cutting out intermediaries.

Debt Consolidation Loans Online

Online debt consolidation loans simplify multiple debts into one manageable payment, potentially reducing interest rates and enhancing financial control.

Bad Credit Loans Instant

Instant bad credit loans offer financial solutions to individuals with low credit scores, ensuring access to needed funds despite credit limitations.

How to Use Personal Loans - Useful Resources

Discover essential resources for effectively managing personal loans. Our guide offers tips and insights to help you navigate borrowing responsibly and making informed financial decisions. Explore now for smarter financing.

Industry
Address
Phone
Beauty Salon
Address: 90 Bank Street, New London, CT 06320
Phone: +1 (860) 701-0890
Car Wash
Address: 442 Colman Street, New London, CT 06320
Phone: +1 (860) 442-1283
Club & Association
Address: 3 Garvin Street, New London, CT 06320
Phone: +1 (860) 443-4462
College/University
Address: 768 Williams Street, New London, CT 06320
Phone: +1 (860) 574-9047
Community Center
Address: 28 Channing Street, New London, CT 06320
Phone: +1 (860) 444-6333
Fast Food
Address: 429 Colman Street, New London, CT 06320
Phone: +1 (860) 447-2706
Government Office
Address: 13 Masonic Street, New London, CT 06320
Phone: +1 (860) 437-6377
Hospital
Address: 78 Viets Street, New London, CT 06320
Phone: +1 (860) 447-1416
Hotel
Address: 269 North Frontage Road, New London, CT 06320
Phone: +1 (860) 910-4837
Rent-a-Car Facility
Address: 629 Montauk Avenue, New London, CT 06320
-
Theater
Address: 10 Prospect Street, New London, CT 06320
Phone: +1 (860) 443-3119

How to Get to New London

Complaints about Short-Term Loans in Connecticut

Issue Type
Amount of Complaints
Charged fees or interest you didn't expect
79
Problem when making payments
58
Getting the loan
47
Problem with the payoff process at the end of the loan
28
Struggling to pay your loan
27
Getting a line of credit
22
Incorrect information on your report
17
Charged fees or interest I didn't expect
14
Problem with additional add-on products or services
13
Can't stop withdrawals from your bank account
8
The data is taken from consumer complaint database created by Consumer Financial Protection Bureau

Submit a Complaint for a Short-term lender in New London

If you need to submit a complaint against a payday lender, the Connecticut Department of Banking is the regulatory authority that can assist. This department oversees financial institutions and consumer credit matters, including issues related to payday loans.

  • 260 Constitution Plaza, Hartford, Connecticut 06103-1800
  • (860) 240-8299 or Toll-free: 1-800-831-7225
Submit a Complaint

Frequently Asked Questions about Short-term Loans

Are Payday Loans Legal in Connecticut?

No, payday loans are illegal in Connecticut. The state has laws in place that prohibit high-interest payday loans to protect consumers from potentially predatory lending practices.

What are Some Safer Alternatives to Payday Loans in Connecticut?

In Connecticut, safer alternatives to payday loans include personal loans from banks or credit unions, credit card cash advances, borrowing from friends or family, or small-dollar loans from reputable financial institutions. These options are typically more consumer-friendly and offer more favorable terms.

How Can I Report Illegal Payday Lending?

If you come across a lender offering payday loans, you should report them to the Connecticut Department of Banking. Reporting such activities helps enforce consumer protection laws and safeguards other consumers.

What Should I Consider Before Taking Out Short-Term Loans?

Before taking out short-term loans in Connecticut, it's important to review the interest rates, fees, and repayment terms. Ensure that the lender is licensed and that the loan terms comply with state regulations.

Where Can I Find Financial Advice and Assistance in Connecticut?

For financial advice and assistance, resources such as the Connecticut Legal Services can be very helpful. These organizations provide guidance on budgeting, debt management, and financial planning.

How Can I Improve My Financial Situation to Avoid High-Interest Loans?

Improving your financial situation in Connecticut involves creating a budget, building an emergency fund, reducing unnecessary expenses, and educating yourself about personal finance. Seeking advice from financial advisors can also help in making informed financial decisions and avoiding high-interest loans.

Connecticut Personal Loans Near Me

Amston Ansonia Avon Bantam Beacon Falls Berlin Bethany Bethel Bethlehem Bloomfield Bozrah Branford Bridgeport Bristol Britain Broad Brook Brookfield Brooklyn Burlington Canaan Canterbury Canton Centerbrook Cheshire Clinton Colchester Cornwall Bridge Cos Cob Coventry Cromwell Danbury Danielson Darien Dayville Deep River Derby Durham East Berlin East Granby East Hampton East Hartford East Haven East Lyme East Windsor Eastford Easton Ellington Enfield Essex Fairfield Falls Village Farmington Gales Ferry Glastonbury Goshen Granby Greenwich Griswold Grosvenor Dale Groton Guilford Haddam Hamden Hartford Harwinton Haven Hebron Higganum Hill Ivoryton Jewett City Kensington Kent Killingworth Lakeville Lebanon Ledyard Litchfield London Lyme Madison Manchester Mansfield Mansfield Center Marlborough Meriden Middlebury Middlefield Middletown Milford Monroe Montville Moodus Moosup Morris Mystic Naugatuck New Britain New Canaan New Fairfield New Hartford New Haven New London New Milford Newington Newtown Niantic Norfolk Historic District Noroton Heights North Branford North Haven North Stonington North Windham Northford Norwalk Norwich Oakdale Oakville Old Greenwich Old Lyme Old Mystic Old Saybrook Orange Oxford Pawcatuck Plainfield Plainville Plantsville Plymouth Pomfret Center Preston Prospect Putnam Quaker Hill Redding Ridgefield Riverside Rockville Rocky Hill Roxbury Salem Salisbury Seymour Sharon Shelton Sherman Simsbury Somers South Glastonbury South Lyme South Windsor Southbury Southington Southport Stafford Stafford Springs Stamford Stonington Storrs Stratford Suffield Taftville Tariffville Terryville Thomaston Tolland Torrington Trumbull Uncasville Unionville Vernon Wallingford Washington Washington Depot Waterbury Waterford Watertown Weatogue West Hartford West Haven West Simsbury West Suffield Westbrook Weston Westport Wethersfield Willimantic Wilton Windsor Windsor Locks Winsted Wolcott Woodbridge Woodbury Woodstock Yantic