Fair to Bad Credit Loans in MT

We Find Lenders Who Lend To Bad Credit Borrowers

We Find Lenders Inc. Fair To Bad Credit Loans Logo

Home > How To Apply > Montana

Last updated on August 20, 2018

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

Daily MT Borrower Credit Scores

Last 10 borrowers applying for a loan out of Montana had the following credit scores. Source: WFL Lender Pool. Updated daily. FICO scores based on avg. from Transunion, Experian, and Equifax.

510 624 424 627 595 581 617 664 653 647

Montana APR Reports (?)
Enter zip and your 3 digit credit score.

Montana Usury and Regulations

Summary of Montana Usury Law(s) / Quote: "Legal: 10% / Contract: 6% above prime rate at major New York banks 3 days before contract / Judgment: 10% / Corporate: Rate not specific"

(WeFindLenders.com endeavors to include the most up to date legal data for Montana, 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 Montana, and/or contact the Montana State government's division of banking and finance - legal statutes researched by FindLaw.com & American Lawyers Quarterly - see credits)

Montana Usury Law Information:

Legal Maximum Interest Rates: Quote: "15% annually by written agreement or 6% above the Federal Reserve's prime rate (31-1-108)"

Usury Penalties: Quote: "Regulated lenders (31-1-112; 31-1-111); transactions between merchants (31-1-112); Nationally-chartered banks"

Judgment Interest Rates: Quote: "Forfeiture of double the interest received (31-1-108)"

Legal Exceptions: Quote: "10% or the contract rate (25-9-205)"

Montana Lenders By City

Billings MT / Missoula MT / Great Falls MT / Bozeman MT / Butte MT / Helena MT / Kalispell MT

Complaints to:

Montana Division Banking of Financial Institutions / Montana Complaint Process / Montana Complaint Form (PDF)

Physical address: Division of Banking and Financial Institutions / 301 South Park Avenue, Suite 316, PO Box 200546, Helena, MT 59620-0546 / Contact Person: Wayne Johnston, Compliance Manager / Phone: 406.841.2918 Fax: 406.841.2930 Website: www.banking.mt.gov EMail: wjohnston@mt.gov

Montana Lender Service Areas Map

Montana Bad Credit Lenders Map - Initial Static Image

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


Butte Community Federal Credit Union
59801 2901 Grand Ave
Butte, MT 59701 - 406.723.8284
buttecommunityfcu.com

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

Southwest Montana Credit Union
1760 Harrison Ave, Butte
MT 59701 - www.swmcfcu.org
406.782.8337

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

Missoula Federal Credit Union
3600 Brooks St, Missoula
MT 59801 - www.missoulafcu.org
406.523.3300

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

Montana Educators Credit UNION
2000 S Russell St #1, Missoula
MT 59801 - www.mtedcu.org
406.728.1034

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

Montana Federal Credit Union
540 Smelter Ave NE, Great Falls
MT 59404 - myloan24.xyz
406.727.2210

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

Embark Credit Union
1500 River Dr N, Great Falls
MT 59401 - www.embarkcu.com
406.727.7300

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

Helena Community Credit Union
915 Kessler St, Helena
MT 59601 - thecu4u.org
406.443.5400

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

Vocal Credit Union
2910 Prospect Ave, Helena
MT 59601 - www.vocal.coop
406.442.1421

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

Rimrock Credit Union
952 Central Ave, Billings
MT 59102 - rimrockcu.org
406.248.3685

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

Big Sky Federal Credit Union
990 Grand Ave Billings
MT 59102 - www.bigskyfcu.com
406.252.2527

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

Sky Federal Credit Union
777 E Main Street, Bozeman
MT 59715 - www.skyfcu.org
406.587.1750

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

Rocky Mountain Credit Union
1840 Baxter Ln, Bozeman
MT 59715 - www.rmcu.net
406.602.4800

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

Fergus Federal Credit Union
106 E Janeaux Street, Lewistown
MT 59457 - www.fergusfcu.com
406.535.7478

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

Bad Credit Loan Form for Montana

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

Learn about GAP (Gift Angel Program)

 

Signature Loan In Montana

Bev is a single mom with two children who is trying to make ends meet. Her husband left her a few years ago, pays a small amount of support most of the time, but otherwise wants nothing to do with the kids.

While she could use the extra money it is almost worth it to have him out of the picture. They did not get along and it was not a good role model for the kids anyway.

They have a lot less stress with him not being around, if only they had more money.

She works part time when the kids are in school. They are still too young to be left alone and her parents are too far away to help.

They come often as they can to help and they send money as well and buy clothes for the kids.

Recently she spent more money than she should have on clothing and some school supplies. She really would like to borrow $10,000 to pay all of her bills and be current on everything.

With $10000 she could relax a little while and pay the loan back over a five year term.

The payments would be under $200 a month and she feels that she could handle this additional expense. She talked to her dad about it and he really encouraged her to not apply for the loan. He does not believe in going into debt.

He would rather she and the kids moved back home with them where they could help her a lot more with babysitting and everything else that a growing family needs.

She is thinking about it and wants to first of all see if she can be approved for this loan.

A $10000 loan with a 5 year term 4.75% interest rate for Bev would cost her the following per month:

• Loan Amount (principal) = $10000
• Interest Rate = 4.75%
• Term Length =5 year
• Monthly Payment = $187.57
• Total Paid Back = $11254.15
• Total Interest = $1254.15

Bev just does not make enough money to be approved for a loan this high. She might consider a smaller loan; however, it would not provide her with the freedom she was hoping to obtain.

Her credit score is not that bad, but she does not make enough to support this loan.

While it is her second choice, she has decided to move back home with her parents. They have a large house and can accommodate her and the kids.

They will even have their own section of the house that they will live in and be responsible for. With a built in baby sitter, she can find a full time job and begin saving money towards future expenses and maybe a place of her own sometime.

Her parents are thrilled that she and the grand kids are moving back home. They know it will be an adjustment for everyone.

Once she has a full time job, perhaps saved some money and as long as she does not miss any payments on credit card bills she will have the credit rating and the income to support a loan sometime in the near future. This is really the best solution for everyone.

If you live in the State of Montana and you're struggling to get a loan approval 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.

Consolidation Loans in Montana

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

$5500 $75000 $90000 $25000 $6500

10.07% 14.82% 9.60% 12.79% 6.07%

Debt Consolidation Providers In MT

Montana Debt Consolidation Loan Providers - Initial Static Image

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


RDI Financial
2100 Harrison Ave B Butte
MT 59701 - 406.723.5176
www.ruraldynamics.org

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

Debt Reduction Services
6213 N Cloverdale Rd #100, Boise
ID 83713 - 208.378.0200
debtreductionservices.org

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

Montana Debt Consolidation
Billings, MT 59101
406.252.0933

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

Gateway Community Federal CU
3624 Brooks St, Missoula
MT 59801 - 406.541.9710
www.gatewaycommunityfcu.com

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

Horizon Credit Union
2330 S Reserve St, Missoula
MT 59801 - www.hzcu.org
800.852.5316

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

Missoula Federal Credit Union
1775 S Russell St, Missoula
MT 59801 - 406.523.3300
www.missoulafcu.org

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

Miles City Federal CU
2515 Main St, Miles City
MT 59301 - 406.234.5458

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

1st Liberty FCU
401 Smelter Ave NE, Great Falls
MT 59404 - www.1stliberty.org
406.761.8300

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

Russell Country FCU
810 1st Ave S, Great Falls
MT 59401 - 406.761.2880
www.russellcountryfcu.org

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

Whitefish Credit Union
300 Baker Ave, Whitefish
MT 59937 - 406.862.3525
www.whitefishcu.com

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

Park Side Credit Union
1300 Baker Ave Whitefish
MT 59937 - 406.862.2652
www.parksidefcu.com

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

Park Side Fed Cu
504 Railway Street, Whitefish
MT 59937 - 406.862.3075

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

Montana Debt Consolidation Form

Montana Application Form
Bad Credit Debt Consolidation Loans (?)
 

About Consolidation Loans In Montana

If you are a resident living in the State of Montana and you need help dealing with debt problems, there a few different ways of dealing with.

All of them will take time and patience. We have added a list of debt consolidation providers for the major cities of Montana, that cover all service areas of the State. If you can't get approved for your loan with any of these lenders you can use the application form below to get your pre-app in front of local Montana lenders who will consider applications from people who have bad credit.

Make sure to include important information regarding your entire debts and debt exposure. In your pre-app you don't want to include private information yet. This is so you can protect your PII. Learn how to apply with bad credit here.

Consolidation Example in Montana

Doug owes property taxes on his home from the past two years. He also owes a number of small amounts to credit cards, and other family members.

His financial problems all started when he was laid off and he did not have any income coming in until his pension kicked in.

Fortunately, he only needed to wait a year and a half after being laid off before his pension started. He now has enough money to pay all his monthly expenses plus a little bit more which he will use to pay a loan payment if approved.

He needs a debt consolidation loan of $16000 in total. This will allow him to pay the taxes and all of his debts.

His family really helped him out a lot and even the city gave him some wiggle room when it came to his delinquent tax account.

After all he has been in the same home for over 35 years and always paid his taxes on time without fail.

In fact, there was a lot of sympathy for him and anger at the company for laying him off before he was eligible for a pension.

The city can only turn a blind eye so long before they will need to take action and initiate collection of the overdue taxes.

This could bring all kinds of problems for Doug including losing his home, a bad credit rating and embarrassment in the town where he grew up.

He really needs this loan to cover his taxes and the other small debts he has. He would like a term of five years to repay the loan.

A $16000 loan with a 5 year term 5.75% interest rate for Doug would cost him the following per month:

• Loan Amount (principal) = $16000
• Interest Rate = 5.75%
• Term Length =5 year
• Monthly Payment = $307.47
• Total Paid Back = $18448.10
• Total Interest = $2448.10

This is a very unusual situation for anyone to find themselves in. Doug has an almost excellent credit rating and it would be a shame to lose it along with his home.

But lenders have to make sure that there is an excellent chance they will be repaid according to the terms of whatever loan they approve.

Doug needs to provide more information to help them decide if he can actually afford to make all of the payments over the five years.

He will be asked to provide documentation showing his income and also any other debts that he may have.

This loan could be approved as an unsecured personal loan which places the lenders at a greater risk level. Since he has a home which is paid for, he could also use his home as security for the home and be approved for secured debt consolidation loan.

If he was ever unable to repay the loan, then the lenders would fall back to selling his home to recover the remainder of the unpaid balance on the loan.

Doug will provide all of the information requested and will likely opt for the secured debt consolidation loan to ensure approval as well as a slightly lower interest rate which will lower his monthly payments and lower the total amount of interest he will pay.

If you live in the State of Montana and you're trying to get approved for a debt consolidation loan, we hope our website helps you find a good lender regardless of your credit rating.

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 MT

Montana Credit Counseling Providers - Initial Static Image

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

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

Consumer Credit Counseling Services
2101 Yale Ave # C Butte
MT 59701 - 406.723.5176

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

Montana Consumer Credit Counseling
1620 Alderson Ave #27, Billings
MT 59102 - 406.656.4370
creditcounselingservicesusa.com

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

123 Credit & Debt Counseling
Great Falls, MT 59401 - 406.455.9903

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

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