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Legit Personal Loans in Massachusetts


  • Nearest Licensed Lending Option
  • Best and Affordable Rates
  • All Credit are Approved
  • Simple & Safe Application Process



With Nation 21 Loans, Massachusetts residents can access personal loans with bad credit with the fastest approval process. The best match is offered depending on your credit score. You can borrow amounts ranging from $100 to $10,000 depending on your repayment capability.

A borrower can decide the length of time to pay back the loan. Small installment payments over a longer repayment period can be arranged. You can pay back over a flexible period of up to 36 months. The lending decision on your installment loan is swift and communicated promptly.

An agreement with details on payment term and charges is provided. Once you agree and sign the agreement the funds are available to you within the next business day.

Search for Payday Loans in Massachusetts

Payday loans are illegal in Massachusetts because of the high charges on the annual percentage rate. Since these loans are illegal in the state, you can borrow from tribal lenders or apply for the loans in other states.

How it Works in MA

Nation 21 Loans ensures they match you with licensed short term lenders in spite of your credit score. Bad credit loans are available to people with a zero or weak credit score to help them build their credit. You only need take the first step and apply which takes minutes.

If you need a personal loan for any kind of need, we have streamlined the process to be as fast and smooth as possible. The minimum requirements you will be required to meet include, a valid government ID, a stable source of income and an open and active checking account.

Nation 21 Loans is committed to providing their customers with a positive short term loan experience. To this end, only a loan you can comfortably pay back will be approved, so they make sure you are contented with the approved loan.

Once all the necessary loan documents are signed, the selected lenders immediately begin installment or payday loan processing. Cash disbursement is almost instant and the money is available as soon as the next business day after your loan finalization. There are no unnecessary delays because our lenders are very trustworthy. Your use for the borrowed money is not restricted.

Lending Regulations in Massachusetts

All small-dollar loan providers in the state are regulated by Massachusetts general laws chapter 140 section 96 et seq. in addition to 209 Code of Massachusetts Regulations 26.01 and 45:14(8). The small loan maximum interest rate is capped at 23% annually in addition to a $20 annual administrative fee.

The Division of Banks stipulates that any business engaged in providing loans should obtain a small loan company license. It specifies this to cover companies offering amounts of $6,000 or less at interest rates above 12%.

Massachusetts’ Average Credit Score

The 2017 FICO’s score rates Massachusetts credit at 694, higher than the national average score. Currently, approximately 90% of the residents have a good or improved credit score.

Population and Demographics in the state of MA

The estimated Massachusetts population in 2017 was 6.8 million. 84.5% of the residents are white, 5.4% are Black or African American.  The rest consists of American Indian, Asian, other Pacific islanders and Native Hawaiian. The median age of Bay Staters is 36.5, slightly lower than the 37.7% national average. The percentage of men is 48% compared to 52% female. Majority of Bay Staters resides in Greater Boston.

The Economic Indicators in Massachusetts State

The key state industries are manufacturing, trade and services. Massachusetts manufactures industrial machinery and equipment, electronic equipment, and fabricated metal products. The tourism sector is significant to the economy. Other active sectors are agriculture, mining and fishing. The Massachusetts rate of unemployment in April 2017 was 3.9% (Connecticut – 4.9). The state has a $36,895 per capita income. The median household income in 2015 was $70,628 a growth of 2.12% from 2014.