Somers 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

Table of content
Jump to
Connecticut Somers

Eligibility Criteria for Personal Loans

  • Valid government-issued photo identification.
  • Proof of current address, such as a utility bill or lease agreement.
  • Verifiable source of income, like pay stubs or bank statements.
  • Active checking account details for direct deposit.
  • Minimum age requirement of 18 years or older.
  • Valid contact number and email address for communication.
  • A completed instant cash advance application form.
  • Consent to a credit check, if applicable.

What Are the Alternatives for Short-term Loans in Somers?

Explore safer financial options to manage emergencies and avoid the high costs of payday loans. Discover alternatives that offer better terms and long-term financial stability.

Instant Installment Loans

Instant Installment loans offer borrowers a fixed amount of money repaid over time in regular installments, providing a predictable repayment schedule.

Fast Cash Loans

Fast Cash loans provide quick access to funds for short-term financial needs, typically requiring repayment within two weeks to a month.

Online Title Loans

Online Title loans require the borrower to use their vehicle title as collateral, offering a quick option for obtaining needed funds.

Emergency Loans Guaranteed

Emergency loans Guaranteed provide fast financial assistance in urgent situations, often with flexible repayment terms to ease immediate financial stress.

Payday Loans Online

Payday loans Online offer a convenient method to receive short-term funds through digital platforms, quickly deposited into the borrower’s bank account.

No Credit Check P2P Loans

No Credit Check Peer-to-Peer (P2P) loans allow individuals to borrow directly from other individuals, often with competitive interest rates.

Quick Debt Consolidation Loans

Quick Debt Consolidation loans combine multiple debt payments into one, simplifying repayment and often offering lower interest rates.

Bad Credit Loans Fast

Bad Credit loans Fast offer financing options for individuals with poor credit scores, providing access to funds despite credit challenges.

How to Use Personal Loans - Useful Resources

Discover essential resources and tips for utilizing personal loans effectively, ensuring financial stability and informed decision-making with our comprehensive guide on managing short-term financial needs.

Industry
Address
Phone
Car Wash
Address: 16 Hall Hill Road, Somers, CT 06071
Phone: +1 (860) 272-3500
Dentist
Address: 335 Bilton Road, Somers, CT 06071
Phone: +1 (860) 814-4600
Fitness Club & Center
Address: 24 Battle Street, Somers, CT 06071
Phone: +1 (860) 265-3122
Government Office
Address: 600 Main Street, Somers, CT 06071
Phone: +1 (860) 763-8221
Hotel
Address: 87 Main Street, Somers, CT 06071
-
Museum
Address: 310 Hall Hill Road, Somers, CT 06071
Phone: +1 (860) 265-2463
Veterinarian
Address: 495 South Road, Somers, CT 06071
Phone: +1 (860) 763-0847

How to Get to Somers

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 Somers

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