Loans in Madison County, IN: payday, personal & title options
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Madison County, IN.
The median household in Madison County earns $63,037 a year, 12% below the Indiana median of $71,957. About 13% of residents live below the federal poverty line, and 29.8% of households rent their home.
What you need for a payday loan in Madison County
Lenders that serve Madison County typically ask for the following:
- Be 18 or older (19 in some states) and a US resident
- A government-issued photo ID
- A steady source of income — a job, benefits or self-employment
- An active checking account in your name for the deposit
- A working phone number and email address
Popular loan amounts in Madison County
What Madison County borrowers use it for
deposits, trucks and first-week expenses
Emergencieshandle the unexpected the same week
Rent duecover a short gap before payday
Medical billspay a doctor, dentist or pharmacy bill now
Loans for your situation
Which loans are available in Madison County
Payday Loans Legal
Payday loans, called small loans, are legal in Indiana from DFI-licensed lenders under the Uniform Consumer Credit Code, IC 24-4.5-7.
Personal Loans
Supervised loans: 36% to $2,600, 21% to $5,200, 15% above (or 25%).
Title Loans
Indiana small (payday) loans may not be secured by any personal property other than a check or debit authorization, so a payday loan cannot be a title loan.
Banks and credit unions in Madison County
Banks with branches in Madison County
21 FDIC-insured bank branches from 10 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| STAR Financial Bank | 5 | 125 S Anderson St, Elwood 46036 |
| First Merchants Bank | 4 | 800 Main St Ste 100, Anderson 46016 |
| PNC Bank, National Association | 4 | 111 N Harrison St, Alexandria 46001 |
| Old National Bank | 2 | 2312 Charles St, Anderson 46013 |
| KeyBank National Association | 1 | 5457 S Scatterfield Rd, Anderson 46013 |
| First Farmers Bank & Trust Co. | 1 | 10077 N State Road 37, Elwood 46036 |
| The Huntington National Bank | 1 | 101 S Harrison St, Alexandria 46001 |
| Citizens State Bank of New Castle, Indiana | 1 | 129 S Pendleton Ave, Pendleton 46064 |
| Woodforest National Bank | 1 | 2321 Charles St, Anderson 46013 |
| State Bank | 1 | 825 N Main St, Lapel 46051 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Madison County
10 credit-union locations from 4 credit unions.
| Credit union | Location |
|---|---|
| Three Rivers | 700 Henderson Way, Pendleton 46064 |
| Independent | 3737 S Scatterfield Rd, Anderson 46013 |
| Madison County | 621 E 8Th St, Anderson 46012 |
| Lampco | 5411 Dr Martin Luther King Jr Blvd, Anderson 46013 |
Source: NCUA credit union branch data, June 30, 2026.
Cities in Madison County
All Indiana counties and cities
Frequently asked questions
Are payday loans legal in Madison County?
Madison County follows Indiana law. Payday loans, called small loans, are legal in Indiana from DFI-licensed lenders under the Uniform Consumer Credit Code, IC 24-4.5-7.
Are title loans legal in Madison County?
Indiana small (payday) loans may not be secured by any personal property other than a check or debit authorization, so a payday loan cannot be a title loan.
Where can I get a small loan in Madison County?
Options include 21 bank and 10 credit-union locations in the county, licensed installment lenders, and online lenders you can reach through our short form in about 3 minutes.
How do I get a loan in Madison County?
Fill out our short online form from anywhere in Madison County. We share it with lenders in our network that serve Indiana; if one approves you, you review the terms and the money is deposited to your bank account, often the next business day.
Can I get a loan in Madison County with bad credit?
Yes, many lenders in our network work with Madison County residents who have fair, poor or limited credit. They look at your income and ability to repay, not just your score, and some use alternative credit data instead of a traditional hard pull. Approval isn't guaranteed, but checking is free and takes about 3 minutes. Loan amounts range from $100 to $5,000.
Where can I get a loan in Madison County, IN?
You can apply at banks, credit unions and lenders in Madison County, or apply online from anywhere in the county. Online requests are often the quickest way to reach several lenders at once. Our free form sends a single request to lenders in our network that serve Indiana residents, and many give a decision within minutes. It takes about 3 minutes to see if you qualify.
Can I get a loan in Madison County on the weekend?
You can submit our online form any day, including weekends and holidays, and some lenders review requests right away. Deposits depend on banking days, so funds requested on a Saturday or Sunday typically arrive the next business day. Submitting early helps you get the first available deposit. Madison County residents can start any time, and it takes about 3 minutes.
Can I get an emergency loan in Madison County?
Yes. When an unexpected bill comes up, Madison County residents can request an emergency loan online at any time of day. Our 3-minute form reaches multiple lenders in our network, many decide within minutes, and approved funds are often deposited by the next business day. All credit types are considered, and there's no cost or obligation to see your options.