Loans in Somerset County, ME: payday, personal & title options
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Somerset County, ME.
The median household in Somerset County earns $58,179 a year, 22% below the Maine median of $74,733. About 14% of residents live below the federal poverty line, and 22.6% of households rent their home. 10.9% of households have no home internet; our form works on any phone.
What you need for a payday loan in Somerset County
Most Somerset County applicants can finish in one sitting if they have these ready:
- 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 Somerset County
What Somerset County borrowers use it for
keep getting to work while the shop fixes it
Moving costsdeposits, trucks and first-week expenses
Emergencieshandle the unexpected the same week
Need money nowthe fastest options online
Loans for your situation
Which loans are available in Somerset County
Payday Loans Legal
Payday loans are legal in Maine only from supervised lenders licensed by the Bureau of Consumer Credit Protection, and fees are tightly capped: a lender may charge no more than a…
Personal Loans
Tiered: 30% to $2,000, 24% to $4,000, 18% above; 18% if over $8,000.
Title Loans Not available
Vehicle title loans are generally prohibited in Maine, according to the Bureau of Consumer Credit Protection.
Banks and credit unions in Somerset County
Banks with branches in Somerset County
13 FDIC-insured bank branches from 5 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| Skowhegan Savings Bank | 6 | 13 Elm St, Skowhegan 04976 |
| Bangor Savings Bank | 3 | 113 Madison Ave, Skowhegan 04976 |
| The Camden National Bank | 2 | 53 Main St, Madison 04950 |
| Bar Harbor Bank & Trust | 1 | 109 Main St, Pittsfield 04967 |
| Franklin Savings Bank | 1 | 194 Madison Ave, Skowhegan 04976 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Somerset County
8 credit-union locations from 5 credit unions.
| Credit union | Location |
|---|---|
| Ancorum | 60 Fairgrounds Mkt Pl, Skowhegan 04976 |
| New Dimensions | 245 Madison Ave, Skowhegan 04976 |
| Maine Highlands | 216 Main St, Canaan 04924 |
| Sebasticook Valley | 505 Somerset Ave, Pittsfield 04967 |
| Franklin-Somerset | 20 Main St, Madison 04950 |
Source: NCUA credit union branch data, June 30, 2026.
Frequently asked questions
Are payday loans legal in Somerset County?
Somerset County follows Maine law. Payday loans are legal in Maine only from supervised lenders licensed by the Bureau of Consumer Credit Protection, and fees are tightly capped: a lender may charge no more than a $5, $15 or $25 minimum finance charge (by loan size) or the general consumer-loan rate caps.
Are title loans legal in Somerset County?
Vehicle title loans are generally prohibited in Maine, according to the Bureau of Consumer Credit Protection.
Where can I get a small loan in Somerset County?
Options include 13 bank and 8 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 Somerset County?
Fill out our short online form from anywhere in Somerset County. We share it with lenders in our network that serve Maine; 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 Somerset 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. Somerset County residents can start any time, and it takes about 3 minutes.
Can I get an emergency loan in Somerset County?
Yes. When an unexpected bill comes up, Somerset 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.
Can I get a loan in Somerset County with bad credit?
Yes, many lenders in our network work with Somerset 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 Somerset County, ME?
You can apply at banks, credit unions and lenders in Somerset 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 Maine residents, and many give a decision within minutes. It takes about 3 minutes to see if you qualify.