Fair to Bad Credit Loans in DE

We Find Lenders Who Lend To Bad Credit Borrowers

We Find Lenders Inc. Fair To Bad Credit Loans Logo

Home > How To Apply > Delaware

Last updated December 9th 2018

Commentary is for informational purposes only. See legal disclaimers here.

Trouble Getting Approved in Delaware?

It's hard when your credit is bad right? We can help, and in about 10 seconds you're going to see how.

Enter your zip and credit score to get started...we got you!

Delaware Applicants
See How We Can Help You Get Funded!

Delaware Usury and Regulations

Summary of Delaware Usury Law(s) / Quote: "Legal: 5.5% Contract: 5.5% plus surcharge; any rate over $100,000 not secured by mortgage or residence / Judgment: 5.5% / Corporate: No rate specified"

(WeFindLenders.com endeavors to include the most up to date legal data for Delaware, but no guarantee or warranty of any kind is expressed or implied as to the accuracy of said data. This data is not intended to be legal advice. For legal help speak with a lawyer in Delaware, and/or contact the Delaware State government's division of banking and finance - legal statutes researched by FindLaw.com & American Lawyers Quarterly - see credits)

Delaware Usury Law Information:

Legal Maximum Interest Rates: Quote: "5% over the Fed discounted rate; same max rate and it doesn't matter what loan agreement rate is (Tit. 6 §2301)"

Usury Penalties: Quote: "Debtor doesn't have to pay more than legal rate; if entire debt is paid (with interest) above the legal interest rate, debtor can recover three times the excess rate or 5 hundred dollars, or whatever is higher, only if legal action is take within one year (Tit. 6 §2304[b])"

Judgment Interest Rates: Quote: "5% higher than the Fed discounted interest rate; same max interest rate regardless of signed loan agreement (Tit. 6 §2301)"

Legal Exceptions: Quote: "There is no actual limit when the note is higher than one hundered thousand dollars and isn't secured with a mortgage on the customer's residence (personal and not business real estate (Tit.6§2301(c))"

Delaware Lenders By City

Wilmington DE / Dover DE / Newark DE / Middletown DE / Smyrna DE / Milford DE / Seaford DE / Georgetown DE

Complaints to:

Delaware Office of the State Bank Commissioner / Physical Address: 555 E. Loockerman Street, Suite 210, Dover, DE 19901 / Phone: (302) 739-4235 or (302) 577-6722 / Fax: (302) 739-2356 / Email: bankcommissioner@state.de.us / Delaware Office of the State Bank Commissioner / Delaware Complaint Process

Delaware Lender Service Areas Map

Delaware Bad Credit Lenders Map - Initial Static Image

Click or tap map image above for interactive version.
Lenders
contact us for listing removal or amendment.


Delaware State Police FCU
700 N Bedford St Georgetown
DE 19947 - www.dspfcu.com
302.856.3501

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Delaware Credit Union League
4 Quigley Blvd, New Castle
DE 19720 - www.dcul.org
302.322.9341

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

CES Credit Union
33 London Rd, Delaware
OH 43015 - www.cescu.com
740.363.8118

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Pathways Financial Credit Union
879 W William St, Delaware
OH 43015 - www.pathwayscu.com
740.363.4646

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

I C I America FCU
621 Delaware St #202, New Castle
DE 19720 - 302.328.7612

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

AllyFed Credit Union
2320 N Dupont Hwy, New Castle
DE 19720 - www.allyfed.org
302.429.0404

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Tidemark Federal Credit Union
1941 Bridgeville Hwy, Seaford
DE 19973 - www.tidemarkfcu.org
302.629.0100

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Delaware State Police FCU
235 Christiana Rd, New Castle
DE 19720 - www.dspfcu.com
302.324.8141

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

The Summit FCU
2290 Delaware Ave, Buffalo
NY 14216 - www.summitfcu.org
800.836.7328

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

DEXSTA FCU
118 Jestan Boulevard
New Castle, DE 19720
www.dexsta.com
302.838.8303

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Bad Credit Loan Form for Delaware

Fast Loan Pre-App Method
Accessing Bad Credit Lender Pool (?)

Learn about GAP (Gift Angel Program)

 

Signature Loan Example In Delaware

David has health insurance for which he pays almost $1200 a month. This health insurance comes with a $6000 deductible which is quite a large sum.

He and his family are covered for the really big expenses but when there is a medical procedure that is less than the $6000 limit they are on the hook for it.

Of course if they have to have a major procedure, they are also on the hook for the deductible.

One of David’s children needed to be hospitalized and a procedure completed. The bill came to just under the $6000 limit so his health insurance did not pick up anything.

He needs to pay this bill within a week or two or risk having the hospital refer the account to a debt collector which will also increase the fees associated with the entire collection process.

He and his wife are barely making it from a financial perspective. They pay their bills on time and they provide for their family but there is not much money left at the end of the month of any extras.

They know they should be setting aside funds for emergencies like this one, but they just have not been able to meet this goal.

As a result, they do not have any savings they can use to pay this hospital bill and must apply for a loan to help them pay for it.
David needs $5900 to cover the medical expenses and he wants to take four years to repay it.

A $5900 loan with a four year term and 5.79% interest rate for David would cost him the following per month:

• Loan Amount (principal) = $5900
• Interest Rate = 5.79%
• Term Length =4 year
• Monthly Payment = $137.99
• Total Paid Back = $6623.73
• Total Interest = $723.73

Health insurance is really expensive and especially for people who want a low deductible.

David opted for a high deductible and risks having to pay up to $6000 for any medical procedures.

There are a huge number of consumers who are in this category trying to make sure they have coverage for major treatment while trying to keep the monthly premiums under control.

Although David and his family are stretching every dollar as far as they can, they have not been able to save anything for emergencies like this one.

This loan although only $137 a month will make it even more difficult for them to make ends meet.

Before David finalizes this loan, he may want to discuss payment with the hospital to determine if they can make any reductions in the total cost.

Sometimes in hardship cases and situations where they may have difficulty collecting they will negotiate a reduction provided that the client pays the agreed to amount in full immediately.

While this does not work in all cases it is worth a try.

David is already committed to working additional hours to try and make up the difference he must pay each month.

With a combination of a possible reduction in the total cost and working extra hours he may be able to repay the loan more quickly than planned.

If you live in the State of Delaware and you're struggling with a bad credit rating we hope our website helps you in some way.

Sincerely,

Chris Somerset

Chris Somerset is the daughter of Lance Somerset who founded the We Find Lenders Pool. She contributes to WeFindLenders.com whenever she's not having fun with her three children and her husband Ron.

Debt Consolidation Loans in Delaware

Last 5 debt service loans approved in the State of Delaware. Source: WFL Lender Pool. Updated Weekly. Principals rounded to the nearest $1000. Relative interest rates listed below in order left to right.

$100000 $20000 $45000 $90000 $13000

10.72% 10.87% 9.60% 10.79% 5.46%

Delaware Consolidation Services

Delaware Debt Consolidation Loan Providers - Initial Static Image

Click or tap map image above for interactive version.
Lenders
contact us for listing removal or amendment.


Debt Hero Credit Consolidation
1000 N West St Wilmington
DE 19801 - 302.342.1549

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Tidemark FCU
140 Aerenson Dr, Milford
DE 19963 - 302.422.9110
www.tidemarkfcu.org

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Dover FCU Milford
643 N Dupont Blvd, Milford
DE 19963 - www.doverfcu.com
302.678.8000

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Provident FCU
401 S New St, Dover
DE 19904 - 302.734.1133
www.providentfcu.com

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Dover FCU
1075 Silver Lake Blvd, Dover
DE 19904 - www.doverfcu.com
302.678.8000

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Del-One FCU
270 Beiser Blvd, Dover
DE 19904 - 302.739.4496
www.del-one.org

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Priority Plus FCU
6 Lynam St, Wilmington
DE 19804 - 302.633.6480
www.priorityplusfcu.org

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Sun East FCU
3630 Concord Pike, Wilmington
DE 19803 - www.suneast.org
610.485.2960

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Chestnut Run FCU
974 Centre Rd, Wilmington
DE 19805 - 302.792.7328
www.louviers.com

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Franklin Mint FCU
701 N Clayton Street #501
Wilmington, DE 19805
www.fmfcu.org
302.351.3800

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

DE Consolidation Application Form

Delaware Application Form
Bad Credit Debt Consolidation Loans (?)
 

About Debt Consolidation Loans In DE

We have seen a lot of people from Delaware apply for debt consolidation. Credit scores will be taken into consideration if you're looking for a consolidation loan, but your credit score does NOT come into consideration when you're getting debt relief or a debt settlement program.

Make sure that no matter what you do, make sure the provider is conducting business in a legal and ethical way. For example, you should NEVER pay an up front fee for any kind of loan product. This goes for any loan for any purpose.

Delaware Consolidation Loan Example

James needed new glasses, his truck is the shop for repairs and he has credit card payments due in a week.

He needs a debt consolidation loan to bring all of these debts together into one affordable loan at a low monthly payment.

He also needs the loan quickly so he can get his truck out of the mechanic’s shop. He needs $2500 just to pay for the repairs to his truck.

If he does not pay the mechanic soon, he will be without a truck to get back and forth to work.

He also lost his job ten months ago and used most of his savings paying rent, buying groceries etc.

He was able to find a job last month and is slowly getting back in shape financially. However, he needs a loan to consolidate his debts as mentioned and reduce his overall interest costs at the same time.

Many consumers when faced with this situation will often stop paying their utilities, rent, car payments etc. until they can find a new job.

What they may not realize at the time is that their credit score will plummet making it very difficult to be approved for any kind of loan or even a credit card.

Fortunately, James kept up with all of his monthly payments and was not late for any of them.

This approach decimated his savings and now he needs a loan for $4700 and he would like to repay the loan over a three year period.

A $4700 loan with a three year term and 4.79% interest rate for James would cost him the following per month:

• Loan Amount (principal) = $4700
• Interest Rate = 4.79%
• Term Length =3 year
• Monthly Payment = $140.42
• Total Paid Back = $5055.14
• Total Interest = $355.14

Even though James was unemployed for a while and has very little in the way of savings, he actually has a very good credit score.

He made a real effort to paying his bills on time and he has little other debt other than the truck payment and the credit card debt.

A monthly payment of $140 is affordable now that he has a new job. He may try to repay the loan more quickly once he has everything under control. His low interest rate on this loan reflects that the lenders feel he is a good credit risk. The term is short and he has a demonstrated record of paying his bills on time.

But James needs his truck back from the mechanic within a day or two. He needs it to commute to work each day.

For the moment he is relying on a buddy to take him back and forth. If the loan can be approved shortly and the money transferred to his checking account within 24 hours he can have his truck before the weekend.

This would work out well for him since his buddy needs to go out of town on business next week and would not be available to drive him back and forth to work.

If you live in the State of Delaware and you're trying to get approved for a debt consolidation loan, we hope our website helps you find a good lender and a low interest rate.

Sincerely,

Andy Somerset

Andy Somerset is the son of Lance Somerset who founded the We Find Lenders Pool. He writes for WeFindLenders.com whenever he's not working hard on his degree in finance.

Credit Counseling Services In DE

Delaware Credit Counseling Providers - Initial Static Image

Click or tap map image above for interactive version.
Counselors
contact us for listing removal or amendment.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Clarifi - Consumer Credit Counseling
Service of Delaware Valley
100 W 10th St #710 Wilmington
DE 19801 - www.clarifi.org
800.989.2227

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Credit Repair Solutions
715 Christiana Mall, Newark
DE 19702 - 302.212.0223

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Amaris Credit Services
8 The Green Suite 6330, Dover
DE 19901 - www.amariscredit.com
888.574.8237

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

WFL Loan Product Menu

  • Bad credit scores below FICO 650
  • 200+ lenders review your pre-application(s)
  • Applying does not worsen your credit score
  • Interest rates starting as low as 9% (cs)
  • Collateral not always required
  • Funding between 24 hours and 5 days
  • Terms from 6 months to 10 years
  • Borrow between $500 and $50,000
  • Loans for people with 650+ credit scores
  • 500+ lenders can review your application
  • Interest rates starting as low as 7% (cs)
  • Fast approvals and fast funding
  • Line of credit approvals with reasonable APR
  • Borrow between $500 and $150,000
  • Lenders who provide bad credit consolidation
  • Debt settlement or debt relief services
  • 300+ lenders can review your application
  • Interest rates starting as low as 7% (cs)
  • Seamless approval and funding process
  • Debt relief counseling available
  • Borrow form $5000 - $150,000

Loan Calculator / Estimation Only

- - - - - - - - - - - - - - - - - - - - - Enter
  Loan Amount
  Interest rate
  Term In Yrs
- - - - - - - - - - - - - - - - - - - - - Results
  Mo. Payment
  $$ To Lender
  $$ of Interest

 

Important Information

FAQ / Privacy / Terms / Contact / Site Map

Disclaimer / Security / FICO Impact / Credits

About the WFL Lender Pool / Our Team

Ad Disclosure / APR & Fees / Collection

Default Implications / Service Areas

 

Back to Top

©2018 We Find Lenders Inc. All Rights Reserved