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Online Personal Loans in Louisiana

Borrowers in need of a balanced online loan can now apply for personal loans. In Louisiana, through 36Monthloans.com you can borrow the maximum amount of $5,000. This maximum amount is not the same for all the of the states we lend in, Louisiana being one of the few that gets such a high amount. Apart from the high maximum amount, personal loans also have other advantages such as: completely online lending process, a flexible way to repay the loan over periods up to 36 months and interest rates lower than other online loans.

Louisiana - Rates & Terms

Loan Amount: 1 000$ - $5,000
Interest Rate / APR: Variable
Loan Length: 12 months - 36 months

If you meet the requirements and qualify for one of our personal loans we will provide you with a financial solution tailored to your needs by matching you with a lender from our panel. Once approved for a loan you will be provided the full details of the offer including: interest rate, repayment term, payment amount and the total cost of the loan.
 

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Credit Scores in Louisiana:

The median credit score for the entire state of Louisiana was 670 according to a government study performed in 2011. This credit score is below the US average which was 687 at that time. The 670 average credit score was based on Experian credit scores which range from 330 to 830. [6]

State of Louisiana Economic Indicators:

  • Income per capita: $38,578 (in 2012); [2]
  • Average weekly earnings: $825.54; [3]
  • Average household income: $41,734; [4]
  • State expenditures ($% in millions): 32,755 (estimated for 2012); [5]
  • Unemployment rate: 7.3% (August 2013). [1]

Louisiana, also known as the Bayou State is a southern US state ranked 25th most populous in the USA and 31st most extensive. Louisiana is the only state in the USA that is subdivided into parishes. Each of the parishes having local governments similar to counties. Louisiana's industry revolves around chemical products, petroleum, coal, processed foods, transportation equipment, paper products as well as tourism and agriculture.

Tourism alone earns $5.2 billion each year and in regards to agriculture, Louisiana's primal product is seafood, being the biggest producer of crawfish in the world. With a wide array of employment opportunities and varying income rates Louisiana also has plenty of financial options for all types of borrowers. From student loans, to mortgage loans, short term loans and online personal loans, Louisiana has something for everyone. [1]

  1. http://en.wikipedia.org/wiki/Louisiana
  2. http://www.americashealthrankings.org/LA/income/2012
  3. http://www.laworks.net/Downloads/OWC/AvgWage_MinMaxRates.pdf
  4. http://www.laworks.net/Downloads/OWC/AvgWage_MinMaxRates.pdf
  5. http://www.nasbo.org/sites/default/files/State%20Expenditure%20Report_1.pdf
  6. http://www.deptofnumbers.com/unemployment/louisiana/
  7. http://www.governing.com/gov-data/economy-finance/average-credit-score-by-state