Good to excellent credit
American Express
- Credit profile
- Excellent
- APR range
- 6.99% – 19.99%
- Loan amount
- $3,500 – $40,000
Personal finance / IN
Personal loans, banking, insurance, and debt help in Indiana
Hoosiers use personal loans to consolidate credit card debt, cover emergencies, fund home improvements, or pay for major life events, with both unsecured and secured options available.
37lenders in the dataset
INstate guide
$1,058/yraverage homeowners premium in dataset
51jurisdictions in the dataset
01 / Personal loans
Personal loans in Indiana
Hoosiers use personal loans to consolidate credit card debt, cover emergencies, fund home improvements, or pay for major life events, with both unsecured and secured options available.
Interest-rate law
Indiana's Uniform Consumer Credit Code splits loans into unlicensed "consumer loans" (flat 21%) and licensed "supervised loans" (tiered schedule up to $50,000), with a hard 72% criminal loansharking ceiling as an outer bound regardless of structuring.
| Loan range | Rate | Statute |
|---|---|---|
| Consumer loans (unlicensed) | 21% flat | Not specified in dataset |
| Supervised loans, first $2,000 | 36% | IC 24-4.5-3-508 |
| Supervised loans, $2,000 – $4,000 | 21% | IC 24-4.5-3-508 |
| Supervised loans, above $4,000 (up to $50,000) | 15% (or flat 25% if higher) | IC 24-4.5-3-508 |
| Any structure | 72% criminal loansharking ceiling (hard outer bound) | Not specified in dataset |
Lender complaints: Indiana Department of Financial Institutions
02 / Lender directory
Lenders by credit profile
Good to excellent credit
Axos Bank
- Credit profile
- Excellent
- APR range
- 11.79% – 20.84%
- Loan amount
- $7,000 – $50,000
Good to excellent credit
Citi
- Credit profile
- Good - Excellent
- APR range
- 9.99% – 17.49%
- Loan amount
- $2,000 – $30,000
Good to excellent credit
Discover
- Credit profile
- Good - Excellent
- APR range
- 6.99% – 24.99%
- Loan amount
- $2,500 – $40,000
Good to excellent credit
Fifth Third Bank
- Credit profile
- Not specified
- APR range
- 8.69% – 21.74%
- Loan amount
- $2,000 – $50,000
Good to excellent credit
Happy Money
- Credit profile
- Good
- APR range
- 7.95% – 35.99%
- Loan amount
- $5,000 – $50,000
Good to excellent credit
Huntington Bank
- Credit profile
- Not specified
- APR range
- 8.47% – 25%
- Loan amount
- $0 – $50,000
Good to excellent credit
KeyBank
- Credit profile
- Not specified
- APR range
- 8.99% – 22.99%
- Loan amount
- $2,000 – $100,000
Good to excellent credit
LightStream
- Credit profile
- Good - Excellent
- APR range
- 6.74% – 25.39%
- Loan amount
- $5,000 – $100,000
Good to excellent credit
PNC Bank
- Credit profile
- Not specified
- APR range
- 7.89% – 24.99%
- Loan amount
- $1,000 – $35,000
Good to excellent credit
PenFed
- Credit profile
- Good
- APR range
- 7.99% – 17.99%
- Loan amount
- $500 – $50,000
Good to excellent credit
Prosper
- Credit profile
- Good
- APR range
- 8.99% – 35.99%
- Loan amount
- $2,000 – $50,000
Good to excellent credit
Reach Financial
- Credit profile
- Not specified
- APR range
- 5.99% – 35.99%
- Loan amount
- $3,500 – $40,000
Good to excellent credit
Rocket Loans
- Credit profile
- Good
- APR range
- 8.01% – 29.99%
- Loan amount
- $2,000 – $45,000
Good to excellent credit
SoFi
- Credit profile
- Good - Excellent
- APR range
- 8.74% – 35.99%
- Loan amount
- $5,000 – $100,000
Good to excellent credit
Truist
- Credit profile
- Good - Excellent
- APR range
- 6.74% – 25.39%
- Loan amount
- $3,500 – $100,000
Good to excellent credit
USAA
- Credit profile
- Good - Excellent
- APR range
- 9.89% – 18.51%
- Loan amount
- $2,500 – $100,000
Good to excellent credit
US Bank
- Credit profile
- Not specified
- APR range
- 8.74% – 24.99%
- Loan amount
- $1,000 – $50,000
Good to excellent credit
Wells Fargo
- Credit profile
- Good - Excellent
- APR range
- 6.74% – 25.99%
- Loan amount
- $3,000 – $100,000
Fair credit
Achieve
- Credit profile
- Fair
- APR range
- 6.25% – 35.99%
- Loan amount
- $5,000 – $50,000
Fair credit
Avant
- Credit profile
- Poor to Good
- APR range
- 9.95% – 35.99%
- Loan amount
- $2,000 – $35,000
Fair credit
Best Egg
- Credit profile
- Fair
- APR range
- 6.99% – 35.99%
- Loan amount
- $2,000 – $50,000
Fair credit
Happen Bank (formerly LendingClub)
- Credit profile
- Fair
- APR range
- 7.04% – 35.99%
- Loan amount
- $1,000 – $60,000
Fair credit
LendingPoint
- Credit profile
- Fair
- APR range
- 7.99% – 35.99%
- Loan amount
- $1,000 – $36,500
Fair credit
Navy Federal Credit Union
- Credit profile
- Fair - Excellent
- APR range
- 8.74% – 18%
- Loan amount
- $250 – $50,000
Fair credit
Oportun
- Credit profile
- Fair
- APR range
- N/A – 35.95%
- Loan amount
- $300 – $10,000
Fair credit
Upgrade
- Credit profile
- Fair
- APR range
- 7.74% – 35.99%
- Loan amount
- $1,000 – $50,000
Fair credit
Upstart
- Credit profile
- Fair
- APR range
- 6.20% – 35.99%
- Loan amount
- $1,000 – $75,000
Poor or limited credit
CreditNinja
- Credit profile
- Poor
- APR range
- 195.75% – 349%
- Loan amount
- $300 – $5,000
Poor or limited credit
Integra Credit
- Credit profile
- Poor
- APR range
- 149% – 399%
- Loan amount
- $500 – $3,000
Poor or limited credit
Mariner Finance
- Credit profile
- Poor
- APR range
- 15.49% – 35.99%
- Loan amount
- $1,000 – $25,000
Poor or limited credit
NetCredit
- Credit profile
- Poor
- APR range
- 34% – 99.99%
- Loan amount
- $1,000 – $10,000
Poor or limited credit
OneMain Financial
- Credit profile
- Poor
- APR range
- 18% – 35.99%
- Loan amount
- $1,500 – $20,000
Poor or limited credit
OppLoans
- Credit profile
- Poor
- APR range
- 160% – 195%
- Loan amount
- $500 – $5,000
Poor or limited credit
Personify Financial
- Credit profile
- Poor
- APR range
- 36% – 179.50%
- Loan amount
- $500 – $15,000
Poor or limited credit
Rise
- Credit profile
- Poor
- APR range
- 99% – 199%
- Loan amount
- $500 – $5,000
Poor or limited credit
World Finance
- Credit profile
- Poor
- APR range
- N/A – 99%
- Loan amount
- $450 – $12,000
03 / Debt consolidation
Debt consolidation
Indiana's tiered supervised-loan schedule runs from 36% on the first $2,000 down to 15% on amounts above $4,000, so a well-priced debt consolidation loan should land well under whatever tier applies to the balance; comparing multiple lenders is still worthwhile.
04 / Banking and credit unions
Banking in Indiana
National banks offer scale and convenience while Indiana-based regional and community banks compete on relationship banking and local decision-making.
Banks listed
- ChaseNational bank.
- PNC BankNational bank, headquartered in Pittsburgh, PA.
- Old National BankHeadquartered in Evansville, IN.
- Fifth Third BankHeadquartered in Cincinnati, OH.
- Huntington BankHeadquartered in Columbus, OH.
- US BankNational bank, headquartered in Minneapolis, MN.
- First Merchants BankHeadquartered in Muncie, IN.
Credit unions
Indiana credit unions are member-owned, not-for-profit institutions that often post lower rates and fewer fees than banks, with membership tied to location, employer, or association.
Median membership growth of about -1.1% year over year (Q4 2025 NCUA data), versus a national median of about -0.5%, though Indiana posted a notably high median loan-to-share ratio (about 95%).
Midwest Steel's employees founded what became Midwest Family Federal Credit Union in 1962; Indiana Members Credit Union began in 1956 as the Indiana University Medical Center Federal Credit Union on the IUPUI campus. Growth has followed slow, county-by-county field-of-membership expansion, e.g. IMCU's field of membership spans dozens of individually added counties plus a slice of Kentucky.
Federally insured credit union deposits are protected up to $250,000 through the National Credit Union Share Insurance Fund.
Credit unions listed
05 / Debt settlement
Debt settlement
Legal with licensing required under two overlapping statutes: the Debt Management Companies Act (Ind. Code § 28-1-29-1 et seq.) and the Credit Services Organizations Act (§ 24-5-15-1 et seq.), both regulated by the Indiana Department of Financial Institutions. No clearly documented fee cap beyond the federal Telemarketing Sales Rule's advance-fee ban.
Companies listed in the dataset
06 / Insurance
Indiana insurance
Regulator
Indiana Department of Insurance
Insurance regulator websiteAuto insurance
25/50/25
Indiana requires liability insurance of $25,000 per person/$50,000 per accident bodily injury, plus $25,000 property damage.
Homeowners and renters
$1,058/yr
- State requirement
- No
- National homeowners average
- $1,337/yr
- Renters average
- $162/yr
Severe thunderstorms, hail, and tornadoes, particularly across the state's central and southern regions.
07 / Questions
Indiana FAQs
How do I file a complaint against a lender in Indiana?
Contact the Indiana Department of Financial Institutions, which licenses and supervises consumer lenders operating in Indiana.
How do I file a complaint against my insurance company in Indiana?
File with the Indiana Department of Insurance.
What's the maximum interest rate a lender can legally charge on a personal loan in Indiana?
Unlicensed consumer loans are capped at a flat 21%. Licensed supervised loans follow a tiered schedule: 36% on the first $2,000, 21% on $2,000-$4,000, and 15% above $4,000 (or a flat 25% if higher), up to $50,000. A hard 72% criminal ceiling applies no matter the structure.
What credit score do I need for a personal loan in Indiana?
It depends on the lender. Banks and credit unions generally want a FICO score of 700+, FinTech lenders work with fair credit (low-to-mid 600s), and some lenders serve poor/limited credit at higher APRs.
Are payday loans legal in Indiana, and are there caps on fees or loan amounts?
Yes, capped at $605 with tiered fees (15% on the first $250, 13% on $251-$400, 10% on $401-$605), roughly 391% APR on a typical 14-day loan. Indiana uniquely allows two payday loans outstanding at once (from different lenders) up to $605 combined or 20% of gross monthly income. Rollovers aren't allowed, but a lender can extend a loan up to three times.
How long can a debt collector legally pursue an unpaid debt in Indiana before the statute of limitations runs out?
Written contracts for payment of money have a 6-year statute of limitations (Ind. Code § 34-11-2-9); oral contracts and accounts also carry 6 years (§ 34-11-2-7). Written contracts not involving direct payment of money (e.g. most mortgages) get 10 years. A payment or acknowledgment can restart the clock.
What's the difference between a debt consolidation loan and debt settlement for someone living in Indiana?
A consolidation loan pays off debts in full with new borrowed money at a lower rate; settlement negotiates a reduced payoff but requires halting payments first. Indiana licenses debt settlement companies under two overlapping statutes, a real regulatory layer, but the fundamental tradeoffs are the same as anywhere else.
