Greensboro Personal Loan Terms and Rules in 2025

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North Carolina Greensboro

Greensboro Short-term Loans Terms

Legal Status Illegal
Interest Rate (APR) 36% small loan cap

Trusted Personal Loan Lenders in Greensboro, NC

Explore our curated list of trusted personal loan lenders, ensuring transparency and reliability. Access financial support with confidence through vetted professionals committed to ethical lending practices.

Lender
User Ratings
Address
Phone
Category
Tonya May at NFM Lending
User Raiting:
5.00
Address: 127 N Greene St Suite 101, Greensboro, NC 27401
Phone: +1 (336) 688-9439
Category: Financial institution
The McCoy Team @ Intercoastal Mortgage, LLC
User Raiting:
5.00
Address: 609 Eugene Ct, Greensboro, NC 27401
Phone: +1 (336) 378-0560
Category: Financial institution
Shield Credit Repair
User Raiting:
5.00
Address: 46 Brandy Ct, Greensboro, NC 27409
Phone: +1 (800) 631-9163
Category: Credit counsel
Jill Burgess at Ameris Bank Mortgage
User Raiting:
5.00
Address: 308E Pomona Dr, Greensboro, NC 27407
Phone: +1 (336) 740-9068
Category: Financial institution
First Citizens Bank
User Raiting:
5.00
Address: 1414 W Northwood St, Greensboro, NC 27408
Phone: +1 (336) 412-4206
Category: Bank
Wells Fargo Bank
User Raiting:
5.00
Address: 1800 Battleground Ave, Greensboro, NC 27408
Phone: +1 (336) 574-5840
Category: Bank
Toby Stanfield - Movement Mortgage
User Raiting:
5.00
Address: 620 Green Valley Rd Suite 208, Greensboro, NC 27408
Phone: +1 (336) 240-8583
Category: Financial institution
Compass Bad Credit Loans
User Raiting:
5.00
Address: 1106 Revolution Mill Dr, Greensboro, NC 27405
Phone: +1 (336) 920-7036
Category: Loan agency
First National Bank
User Raiting:
5.00
Address: 400 Bellemeade St Ste 101, Greensboro, NC 27401
Phone: +1 (336) 276-1496
Category: Bank
Piedmont Business Capital
User Raiting:
5.00
Address: 1451 S Elm-Eugene St #2121, Greensboro, NC 27406
Phone: +1 (336) 256-9350
Category: Loan agency
RJ Meyerhoffer at Guaranteed Rate (NMLS #99907)
User Raiting:
5.00
Address: 445 Dolley Madison Rd Suite 210, Greensboro, NC 27410
Phone: +1 (336) 455-3444
Category: Financial institution
Jefferson Capital Mortgage
User Raiting:
5.00
Address: 3859 Battleground Ave, Greensboro, NC 27410
Phone: +1 (336) 617-7441
Category: Financial institution
MVP Personal Loans
User Raiting:
5.00
Address: 3218 Sandburg Dr, Greensboro, NC 27405
Phone: +1 (336) 568-8378
Category: Loan agency
Brian J. Malboeuf - Branch Manager (91431) with Homestar Financial Corporation
User Raiting:
5.00
Address: 800 Green Valley Rd Ste 102, Greensboro, NC 27408
Phone: +1 (336) 254-2561
Category: Financial institution
Benchmark Mortgage - The Young Team
User Raiting:
5.00
Address: 3810 N Elm St, Greensboro, NC 27455
Phone: +1 (336) 282-4996
Category: Financial institution
Pyramid Financial Services
User Raiting:
4.90
Address: 3808 W Gate City Blvd suite f, Greensboro, NC 27407
Phone: +1 (336) 506-7116
Category: Financial institution
OneMain Financial
User Raiting:
4.90
Address: 3900 W Market St D, Greensboro, NC 27407
Phone: +1 (336) 299-5726
Category: Loan agency
ACE Cash Express
User Raiting:
4.90
Address: 1015 E Cone Blvd Ste A, Greensboro, NC 27405
Phone: +1 (336) 375-1040
Category: Check cash
Gold Exchange and Pawn
User Raiting:
4.80
Address: 3258 Randleman Rd, Greensboro, NC 27406
Phone: +1 (336) 271-0555
Category: Financial institution
Carolina Home Specialists
User Raiting:
4.80
Address: 1819 Spring Garden St Ste E, Greensboro, NC 27403
Phone: +1 (336) 740-9915
Category: Financial institution
Summit Credit Union
User Raiting:
4.80
Address: 8210 W Market St, Greensboro, NC 27409
Phone: +1 (336) 662-6200
Category: Credit union
HealthShare Credit Union
User Raiting:
4.80
Address: Moses Cone Hospital, 1200 N Elm St, Greensboro, NC 27401
Phone: +1 (336) 832-8119
Category: Credit union
Summit Credit Union
User Raiting:
4.70
Address: 2917 S Elm-Eugene St, Greensboro, NC 27406
Phone: +1 (336) 662-6200
Category: Credit union
MILDRID ESUA, CPA, PLLC
User Raiting:
4.70
Address: 717 Green Valley Rd Suite 200, Greensboro, NC 27408
Phone: +1 (336) 825-7994
Category: Financial institution
Valiant Credit Repair Services
User Raiting:
4.60
Address: 7B Corporate Center Ct, Greensboro, NC 27408
Phone: +1 (866) 373-1377
Category: Credit counsel
US Auto Sales
User Raiting:
4.60
Address: 709 Carnegie Pl, Greensboro, NC 27409
Phone: +1 (336) 517-0300
Category: Financial institution
Regional Finance
User Raiting:
4.60
Address: 3733 B Farmington Dr, Greensboro, NC 27407
Phone: +1 (336) 547-7045
Category: Loan agency
HealthShare Credit Union
User Raiting:
4.60
Address: 501 N Elam Ave, Greensboro, NC 27403
Phone: +1 (336) 832-8119
Category: Credit union
Force Cash Advance
User Raiting:
4.50
Address: 2416 Spring Garden St, Greensboro, NC 27403
Phone: +1 (336) 962-6274
Category: Loan agency
Carolina State Bank
User Raiting:
4.40
Address: 3202 Northline Ave, Greensboro, NC 27408
Phone: +1 (336) 331-9191
Category: Financial institution
Jaguar at Greensboro
User Raiting:
4.30
Address: 1205 Bridford Pkwy, Greensboro, NC 27407
Phone: +1 (888) 419-3137
Category: Financial institution
State Employees’ Credit Union
User Raiting:
4.20
Address: 4014 Battleground Ave, Greensboro, NC 27410
Phone: +1 (336) 288-4130
Category: Credit union
State Employees’ Credit Union
User Raiting:
4.10
Address: 1030 W Market St, Greensboro, NC 27401
Phone: +1 (336) 379-8602
Category: Credit union
State Employees’ Credit Union
User Raiting:
4.10
Address: 2600 S Holden Rd, Greensboro, NC 27407
Phone: +1 (336) 315-2113
Category: Credit union
Mortgage Solutions Financial Greensboro
User Raiting:
4.10
Address: 204 Muirs Chapel Rd #105, Greensboro, NC 27410
Phone: +1 (336) 362-9606
Category: Financial institution
Time Financing Service
User Raiting:
4.10
Address: 4708 W Gate City Blvd, Greensboro, NC 27407
Phone: +1 (336) 478-6732
Category: Loan agency
First National Bank
User Raiting:
3.90
Address: 701 Green Valley Rd Ste 102, Greensboro, NC 27408
Phone: +1 (336) 398-2321
Category: Bank
First Horizon Bank
User Raiting:
3.80
Address: 1505 Highwoods Blvd, Greensboro, NC 27410
Phone: +1 (336) 834-5800
Category: Bank
Pinnacle Financial Partners
User Raiting:
3.80
Address: 707 Green Valley Rd, Greensboro, NC 27408
Phone: +1 (336) 323-0700
Category: Bank
State Employees’ Credit Union
User Raiting:
3.80
Address: 6017 W Gate City Blvd, Greensboro, NC 27407
Phone: +1 (336) 454-4201
Category: Credit union
Truist
User Raiting:
3.70
Address: 2835 Randleman Rd, Greensboro, NC 27406
Phone: +1 (336) 433-4230
Category: Bank
State Employees’ Credit Union
User Raiting:
3.70
Address: 200 Muirs Chapel Rd, Greensboro, NC 27410
Phone: +1 (336) 547-9095
Category: Credit union
State Employees’ Credit Union
User Raiting:
3.60
Address: 100 E Elmsley Dr, Greensboro, NC 27406
Phone: +1 (336) 378-2740
Category: Credit union
State Employees’ Credit Union
User Raiting:
3.60
Address: 1201 New Garden Rd, Greensboro, NC 27410
Phone: +1 (336) 834-8080
Category: Credit union
State Employees’ Credit Union
User Raiting:
3.50
Address: 405 N Murrow Blvd, Greensboro, NC 27401
Phone: +1 (336) 273-7400
Category: Credit union
State Employees’ Credit Union
User Raiting:
3.50
Address: 211 Pisgah Church Rd, Greensboro, NC 27455
Phone: +1 (336) 282-2301
Category: Credit union
Regional Finance
User Raiting:
3.50
Address: 2403 Battleground Ave Suite 10, Greensboro, NC 27408
Phone: +1 (336) 286-3426
Category: Loan agency
Summit Credit Union
User Raiting:
3.20
Address: 800 Summit Ave, Greensboro, NC 27405
Phone: +1 (336) 662-6200
Category: Credit union
Peak Capital Funding - Hard Money Lending & Commercial Lending
User Raiting:
3.00
Address: 201 S Greene St, Greensboro, NC 27401
Phone: +1 (214) 840-9410
Category: Financial institution
Carolina Finance
User Raiting:
2.60
Address: 4280 Piedmont Pkwy #101, Greensboro, NC 27410
Phone: +1 (336) 271-3814
Category: Financial institution
Epes Logistics Services
User Raiting:
2.40
Address: 538 Regional Rd A, Greensboro, NC 27409
Phone: +1 (800) 659-1117
Category: Financial institution
Regional Acceptance Corporation
User Raiting:
1.90
Address: 4259 Piedmont Pkwy, Greensboro, NC 27410
Phone: +1 (336) 297-0973
Category: Financial institution
Franklin American Mortgage Company
User Raiting:
1.00
Address: 204 Muirs Chapel Rd, Greensboro, NC 27410
Phone: +1 (336) 369-2330
Category: Financial institution
Guaranteed Rate
User Raiting:
1.00
Address: 445 Dolley Madison Rd Suite 210, Greensboro, NC 27410
Phone: +1 (336) 574-8307
Category: Financial institution

North Carolina Short-term Loan Regulations

In North Carolina, payday lending is essentially prohibited, as the state has stringent laws regarding small loans. The North Carolina Consumer Finance Act, which governs small loan businesses, caps interest rates on small loans. This cap makes traditional payday lending, with its high-interest rates and short-term loan structures, unprofitable within the state.

Specifically, the law caps the interest rate at 36% annually for consumer loans. This rate is significantly lower than the typical rates charged by payday lenders in other states. As a result, there are no payday loan storefronts in North Carolina. The state had experimented with allowing payday lending in the late 1990s and early 2000s but decided to let the authorizing law expire after concerns about predatory lending practices.

Additionally, payday lenders in North Carolina, as in all states, must comply with federal regulations, including the Truth in Lending Act, which requires lenders to disclose the cost of the loan in terms of the finance charge and the annual percentage rate (APR). The Fair Debt Collection Practices Act also applies, regulating how debts are collected and prohibiting abusive, deceptive, and unfair collection practices.

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

Explore practical, affordable alternatives to payday loans, ensuring financial stability while avoiding high-interest traps. Discover options that promote responsible borrowing and offer long-term benefits for your financial health.

Instant Installment Loans

Instant installment loans are personal loans divided into monthly payments, offering predictable repayment schedules. These loans are ideal for borrowers needing time to repay substantial amounts.

Fast Cash Loans

Fast cash loans provide borrowers with quick access to small amounts of money for urgent expenses. Often short-term, they're designed for financial emergencies requiring immediate action.

Quick Title Loans

Quick title loans use the borrower's vehicle as collateral, offering speedy access to funds. They're beneficial for those who own a vehicle outright and need fast financial assistance.

Emergency Loan Online

Emergency loan online services provide rapid funding for unexpected situations, ensuring swift access to necessary funds. They're essential for tackling unforeseen expenses like medical bills or urgent repairs.

Payday Loans Online

Payday loans online are short-term, high-interest loans borrowed against your next paycheck. They provide a convenient way to access funds using a straightforward online application process.

No Credit Check P2P Loans

No credit check P2P loans connect borrowers directly with individual lenders, bypassing traditional financial institutions. They're advantageous for those with poor credit seeking flexible borrowing options.

Guaranteed Debt Consolidation Loans

Guaranteed debt consolidation loans enable borrowers to merge multiple debts into a single payment plan. This simplifies repayment and can reduce overall interest, providing a structured debt-clearing approach.

Online Bad Credit Loans

Online bad credit loans cater to individuals with poor credit histories, offering vital financial solutions. Easy accessibility and tailored terms help borrowers rebuild their credit and manage emergencies.

Requirements for Instant Cash Advance

  • Must be a registered member of the NGO.
  • Proof of consistent participation in NGO activities over the last six months.
  • A recommendation letter from a senior member or coordinator.
  • Valid identification documents (national ID or passport).
  • Completed application form available on the NGO's website.
  • Proof of emergency or urgent financial need.
  • Commitment to adhere to our repayment plan and guidelines.
  • Consent to terms and conditions associated with the cash advance.

How to Use Personal Loans - Useful Resources

Explore our comprehensive guide on utilizing personal loans effectively, with valuable resources to manage finances and make informed borrowing decisions. Empower your financial journey today.

Industry
Address
Phone
Beauty Salon
Address: 1615 Westover Terrace, Greensboro, NC 27408
Phone: +1 (336) 543-6787
Car Wash
Address: 1908 Fairfax Road, Greensboro, NC 27407
Phone: +1 (336) 292-0604
Club & Association
Address: 408 Bellemeade Street, Greensboro, NC 27401
Phone: +1 (336) 333-2287
College/University
Address: 3740 South Holden Road, Greensboro, NC 27406
Phone: +1 (336) 398-5400
Community Center
Address: 1201 Burnetts Chapel Road, Greensboro, NC 27406
Phone: +1 (336) 674-0741
Dentist
Address: 1591 Yanceyville Street, Greensboro, NC 27405
Phone: +1 (336) 221-3840
Fast Food
Address: 3105 Sands Drive, Greensboro, NC 27405
-
Government Office
Address: 3633 Summit Avenue, Greensboro, NC 27405
Phone: +1 (336) 373-2489
Hospital
Address: 2401 South Side Boulevard, Greensboro, NC 27406
Phone: +1 (336) 271-2800
Hotel
Address: 1201 Lanada Road, Greensboro, NC 27407
Phone: +1 (336) 316-0100
Library
Address: 7802 Airport Center Drive, Greensboro, NC 27409
Phone: +1 (336) 792-7594
Movie Theater
Address: 3220 North O'Henry Boulevard, Greensboro, NC 27405
Phone: +1 (336) 375-7702
Museum
Address: 220 North Church Street, Greensboro, NC 27401
Phone: +1 (336) 574-2898
Pharmacy
Address: 2290 Golden Gate Drive, Greensboro, NC 27405
Phone: +1 (336) 938-0111
Post Office
Address: 5820 North Church Street, Greensboro, NC 27455
Phone: +1 (336) 298-7338

How to Get to Greensboro

Complaints about Short-term loan, Title Loan, or Personal Loan in North Carolina

Issue Type
Amount of Complaints
Charged fees or interest you didn't expect
284
Problem when making payments
166
Struggling to pay your loan
136
Problem with the payoff process at the end of the loan
112
Getting the loan
98
Incorrect information on your report
88
Problem with additional add-on products or services
67
Charged fees or interest I didn't expect
67
Getting a line of credit
62
Improper use of your report
32
The data is taken from consumer complaint database created by Consumer Financial Protection Bureau

Submit a Complaint for a Short-term lender in Greensboro

If you need to submit a complaint against a payday lender in North Carolina, the primary regulatory body is the North Carolina Commissioner of Banks. They ensure compliance with state laws governing payday loans. You can reach them at:

  • North Carolina Office of the Commissioner of Banks, 316 W. Edenton Street, Raleigh, NC 27603
  • (919) 733-3016
Submit a Complaint

Frequently Asked Questions about Short-term Loans

Are Payday Loans Legal in North Carolina?

No, payday loans are not legal in North Carolina. The state has stringent laws and regulations in place that effectively ban payday lending to protect consumers from predatory practices and high interest rates. These regulations are designed to safeguard the financial well-being of North Carolina residents.

Why are Payday Loans Prohibited?

Payday loans are prohibited in North Carolina due to concerns about the harm they can cause to borrowers. The high-cost structure of payday loans can lead individuals into cycles of debt, making it challenging to achieve financial stability. The state government has implemented these laws to prevent payday lenders from exploiting vulnerable consumers.

What Alternatives Are Available for Short-Term Financial Needs?

North Carolina offers various alternatives for individuals facing short-term financial needs. These alternatives prioritize responsible lending practices and borrower protection. Residents can explore traditional bank loans, credit unions, personal installment loans, and assistance programs provided by nonprofit organizations and government agencies.

Can Out-of-State Lenders Offer Payday Loans?

No, out-of-state payday lenders are not allowed to offer payday loans to residents in North Carolina. The state's regulations extend beyond its borders to ensure that borrowers are protected from predatory lending practices, regardless of the lender's location.

What Should I Do If I Have an Existing Payday Loan in North Carolina?

If you have an existing payday loan, it's important to know that it is not legally enforceable in North Carolina. The state's laws render such loans void. If you're facing challenges related to an existing payday loan, you can seek guidance from the North Carolina Attorney General's Office. They can provide assistance and resources to help resolve any issues associated with the loan.

Where Can I Report Unlawful Payday Lending Practices?

If you encounter any unlawful payday lending practices or believe you have been targeted by predatory lenders, it's essential to report these issues. You can report them to the North Carolina Attorney General's Office. Your report can contribute to investigations and efforts to curb predatory lending practices in the state, protecting other consumers from similar experiences. Your actions can make a difference in promoting fair and responsible lending practices in North Carolina.

North Carolina Personal Loans Near Me

Aberdeen Advance Ahoskie Albemarle Andrews Angier Apex Archdale Arden Asheboro Asheville Askewville Atlantic Beach Aurora Avon Ayden Bailey Bakersville Balsam Grove Banner Elk Barco Bayboro Beach Beaufort Belhaven Belmont Belville Bennett Benson Bermuda Run Bessemer City Beulaville Biscoe Black Mountain Bladenboro Blowing Rock Bolivia Boone Bostic Bragg Brevard Broadway Browns Summit Brunswick Bryson City Buies Creek Bunn Burgaw Burlington Burnsville Butner Calabash Camden Cameron Camp Lejeune Candler Candor Canton Carolina Beach Carrboro Carthage Cary Cashiers Castle Hayne Catawba Cedar Island Cedar Point Chadbourn Chapel Hill Charlotte Cherokee Cherryville China Grove Chocowinity City Claremont Clarkton Clayton Clemmons Clinton Clyde Coinjock Colfax Columbia Columbus Concord Connelly Springs Conover Cornelius Corolla Cove City Cramerton Creedmoor Cullowhee Dallas Danbury Davidson Deep Run Denton Denver Dobson Duck Dunn Durham East Bend Eastover Eden Edenton Elizabeth City Elizabethtown Elk Elkin Ellerbe Elm City Elon Emerald Isle Enfield Engelhard Erwin Etowah Evergreen Fair Bluff Fairmont Faith Falls Farmville Fayetteville Flat Rock Fletcher Forest City Fort Bragg Four Oaks Franklin Fuquay varina Garland Garner Gastonia Gatesville Gibsonville Glade Valley Goldsboro Goldston Graham Grandy Granite Falls Granite Quarry Grantsboro Greensboro Greenville Grifton Halifax Hamlet Hampstead Hamptonville Harbinger Harmony Harrisburg Hatteras Havelock Hayesville Henderson Hendersonville Hertford Hickory Hiddenite High Point High Shoals Highlands Hildebran Hills Hillsborough Holden Beach Holly Ridge Holly Springs Hope Mills Hubert Huntersville Indian Trail Iron Station Isle Jackson Jacksonville Jamestown Jefferson Jonesville Kannapolis Kenansville Kenly Kernersville Kill Devil Hills King Kings Mountain Kinston Kitty Hawk Knightdale La Grange Lake Lure Landis Laurel Hill Laurinburg Lawndale Lawsonville Leland Lenoir Lewiston Woodville Lexington Liberty Lillington Lincolnton Linville Littleton Locust Louisburg Lowell Lowgap Lumber Bridge Lumberton Madison Maggie Valley Maiden Manns Harbor Manteo Marble Marion Mars Hill Marshall Marshville Marvin Matthews Maxton Mayodan Mcleansville Mebane Midway Park Mill Spring Millers Creek Mills River Mint Hill Mocksville Moncure Monroe Montreat Mooresville Morehead City Morganton Morrisville Moyock Mt Airy Mt Gilead Mt Holly Mt Olive Mt Pleasant Murfreesboro Murphy Nags Head Nashville New Bern Newland Newport Newton Newton Grove Norlina North Wilkesboro Oak Island Oak Ridge Oakboro Ocean Isle Beach Ocracoke Old Fort Oriental Oxford Pembroke Pfafftown Pilot Mountain Pine Knoll Shores Pine Level Pinebluff Pinehurst Pinetops Pineville Pink Hill Pisgah Forest Pittsboro Plymouth Point Point Harbor Polkton Pope Field Powells Point Princeton Providence Raeford Raleigh Ramseur Randleman Rapids Red Springs Reidsville Research Triangle Rich Square Richfield Richlands Riegelwood Roanoke Rapids Robbins Robbinsville Robersonville Rockingham Rockwell Rocky Mount Rolesville Rose Hill Roseboro Rosman Rowland Roxboro Ruffin Rural Hall Rutherford College Rutherfordton Salemburg Salisbury Saluda Sandy Ridge Sanford Scotland Neck Seaboard Seagrove Selma Seven Lakes Shallotte Shelby Sherrills Ford Siler City Smithfield Sneads Ferry Snow Hill Southern Pines Southern Shores Southport Sparta Spindale Spring Hope Spring Lake Springs Spruce Pine St Pauls Stallings Stanfield Stanley Stantonsburg Star Statesville Stedman Stokes Stony Point Sugar Mountain Summerfield Sunset Beach Supply Surf City Swannanoa Swanquarter Swansboro Sylva Tabor City Tar Heel Tarboro Taylorsville Teachey Terrell Thomasville Traphill Trenton Troutman Troy Tryon Union Grove Valdese Vanceboro Vass Wadesboro Wagram Wake Forest Walkertown Wallace Walnut Cove Walstonburg Warrenton Warsaw Washington Waxhaw Waynesville Weaverville Weddington Wendell Wesley Chapel West End West Jefferson Whitakers Whiteville Whitsett Whittier Wilkesboro Williamston Wilmington Wilson Windsor Winnabow Winston Salem Winterville Winton Wrightsville Beach Yadkinville Yanceyville Youngsville Zebulon