Loans for Bad Credit in North Carolina
We understand that getting a loan in North Carolina can be difficult when you have a limited or negative credit history. The OppLoans platform is here to help North Carolinians access credit when they need it most.
Loans from
$500 - $5,000
Repayment term4
9 - 18 months
APR
160% - 179%
The figures above are examples of our lending partner’s typical installment loan offers and do not serve as guarantee of any rates & terms that you may qualify for.
Testimonials reflect the individual's opinion and may not be illustrative of all individual experiences with OppLoans.
Personal loans serviced by the OppLoans platform are often borrowed by customers who lack access to traditional lending options. This is enabled by our bank partners, who look beyond FICO® credit scores when determining the eligibility of applicants. This means that you may qualify for a loan even if you have been turned down by a traditional lender. The online process is quick and easy, and applying does NOT affect your FICO® credit score.2
Why choose OppLoans for a loan in North Carolina
If your credit history isn't perfect, don't worry – we're here for you! Our dedication to outstanding customer service, combined with our bank partners, enables us to assist those who may experience difficulty at a traditional financial institution.
- Easy to Apply: Apply online from start to finish with our simplified application process.
- Same-Day Funding Available: If approved, you may receive money in your account as soon as the same business day!1
- Loan Support At Every Step: Our top-rated Customer Advocates are available to provide support at every step of the application process.
- No Hidden Fees: No origination fees. No application fees. No prepayment penalties.
Rates of our bank lending partners in North Carolina
The annual percentage rates (APR) for a personal loan in North Carolina offered by our bank partners and serviced through OppLoans ranges from 160% to 179%.4 Through the OppLoans platform, our bank partners offer simple interest loans and may be able to work with you to structure a flexible repayment plan.
Visit our North Carolina Rates and Terms page for more details.
Do all personal loans in North Carolina require a credit check?
Traditional lenders typically require a credit check before approving an installment loan. Our bank partners that lend on the OppLoans platform may use credit report information provided by Clarity Services and Experian as part of the application process to determine your creditworthiness. Neither credit inquiry will appear as a hard credit inquiry on your Experian credit report, and therefore they will not affect your FICO score.² Our bank partners make decisions based on an applicant’s overall creditworthiness.
The OppLoans platform simplifies the borrowing process for individuals with lower credit scores. Many banks and credit unions will not even consider a loan if your credit score is too low, but our bank partners will.
More About North Carolina
North Carolina had the 11th-largest economy in 2024 when comparing Gross Domestic Product (GDP) among the 50 states. The agricultural industry is often considered the cornerstone of the economy, with an economic contribution of $111.1 billion in 2024, as well as the state being the top producer of sweet potatoes, poultry, and eggs. With its connections to agriculture, North Carolina is also one of the leading states for biotechnology and life sciences. The research triangle region is the epicenter of this sector, spanning the area between Durham, Raleigh, and Chapel Hill. It is home to more than 600 life science companies and delivered $82.1 billion in revenue in 2024.
Residents of North Carolina can expect a relatively average cost of living. In 2024, it was reported to have the 28th lowest cost of living out of all 50 states, and median household income was reported to be $6,915 lower than the national average (2023). In 2024, the state income tax was set at a flat rate of 4.5% (11th lowest in the country), and the combined state plus local sales tax stood at 6.996% (21st lowest in the country).
Financial assistance is available to eligible residents through the North Carolina Department of Health and Human Services. Support is provided through various services, including Food and Nutrition Services (Food Stamps), Low-Income Services, and Disability Services. Other benefits are also available through the department, and residents can contact their local social services agency for more information.
FAQs
Through the OppLoans platform, North Carolina residents with lower credit scores may qualify for an online personal loan from $500 to $5,000.4 The platform performs a soft credit check, so applying won't negatively impact your FICO® score.2
Yes, personal loans are legal in North Carolina. Through the OppLoans platform, our bank partners offer installment loans for borrowers with lower credit scores.
The first step in applying for a loan is to complete our online loan application. To be eligible for a bank partner lending product through the OppLoans platform, potential borrowers must:
- Be 18 years or older
- Have a bank account (checking or savings account)
- Reside in one of the states in which we currently operate
- Have a regular source of income
- Receive income through direct deposit
- Loan Amount: $500 - $5,000
- Repayment Term: 9 - 18 Months4
- APR: 160% - 179%