Personal loans in Enterprise, AL
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Enterprise, AL.
The median household in Enterprise earns $73,125 a year, 14% above the Alabama median of $63,999. About 16% of residents live below the federal poverty line, and 36.5% of households rent their home.
Alabama law that applies in Enterprise
| Rate cap | Small loans under $1,500: up to 3% per month on the part of the balance up to $200 and 2% per month on the part above $200, plus an optional $3/month maintenance fee when monthly payments are at least $30. |
|---|---|
| License required | Yes. |
| Loan sizes covered | Small Loan Act: loans under $1,500. |
Full rules with statute citations: Personal Loans in Alabama. Cities in Alabama cannot set their own payday or title loan rate caps in most cases; zoning rules for storefronts are local.
What you need for a personal loan in Enterprise
Lenders that serve Enterprise typically ask for the following:
- Be 18 or older and a US resident
- Your Social Security number for identity verification
- A steady source of income
- An active checking account in your name
- A working phone number and email address
Popular loan amounts in Enterprise
What Enterprise borrowers use it for
gifts and travel without maxing a card
Need money nowthe fastest options online
Car repairskeep getting to work while the shop fixes it
Emergencieshandle the unexpected the same week
Loans for your situation
How to get a personal loan in Enterprise
- Choose an amount from $100 to $5,000 and complete one form.
- Lenders in our network review your request; many accept fair or bad credit.
- Compare the APR, monthly payment and total cost on any offer.
- If you accept, money is usually deposited in 1–2 business days.
Estimate your cost
Personal / installment loan calculator
Estimate only. Your rate depends on your credit, income and state; your lender shows the exact terms before you sign.
Banks and credit unions in the area
Banks with branches in Enterprise
9 FDIC-insured bank branches from 9 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| The Citizens Bank | 1 | 301 S Edwards St, Enterprise 36330 |
| Wells Fargo Bank, National Association | 1 | 619 Boll Weevil Cir, Enterprise 36330 |
| Regions Bank | 1 | 621 Boll Weevil Cir, Enterprise 36330 |
| Pinnacle Bank | 1 | 901 Boll Weevil Cir, Enterprise 36330 |
| BankPlus | 1 | 206 E Grubbs St, Enterprise 36330 |
| Woodforest National Bank | 1 | 600 Boll Weevil Cir, Enterprise 36330 |
| River Bank & Trust | 1 | 306 S Main St, Enterprise 36330 |
| The First National Bank of Hartford | 1 | 524 Boll Weevil Circle, Enterprise 36330 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Enterprise
6 credit-union locations from 4 credit unions.
| Credit union | Location |
|---|---|
| All In | 1201 Boll Weevil Cir, Enterprise 36330 |
| Navy Federal Credit Union | 621 Boll Weevil Cir, Enterprise 36330 |
| Five Star | 1231 Neil Metcalf Rd, Enterprise 36330 |
| Solutions First | 1108 Boll Weevil Cir, Enterprise 36330 |
Source: NCUA credit union branch data, June 30, 2026.
Nearby cities
County: Coffee County · Dale County · Payday Loans in Enterprise · Title Loans in Enterprise
Frequently asked questions
Can I get a personal loan with bad credit in Enterprise?
Possibly. Lenders in our network consider applicants with fair and bad credit across Alabama, including Enterprise. Expect higher APRs than prime borrowers get, and compare every offer's total cost.
Is there a maximum interest rate on personal loans in Enterprise, AL?
Tiered caps. Loans under $1,500 (Small Loan Act): 3%/month on the first $200, 2%/month above that, or an alternative fee schedule. Loans under $2,000 (Consumer Credit Act): $15 per $100 per year on the first $750, $10 per $100 on the rest. Loans of $2,000 and up fall under a different statute.
How fast can I get a personal loan in Enterprise?
Many online lenders give a decision within minutes and deposit funds in one to two business days after you sign. Your bank's processing time can add a day.
What credit score do I need for a personal loan?
There's no single minimum. Some lenders want good credit, but many lenders in our network consider fair, poor and limited credit and weigh your income and job history too. A higher score may get you better rates and larger amounts, while lower scores may still qualify for smaller loans. Find out what's available to you in Enterprise with our free 3-minute form.
How do I apply for a personal loan with bad credit in Enterprise?
Start by gathering your ID, proof of income and bank account details. Then complete our online form with accurate information about your income and the amount you need. Lenders in our network review your request, and many respond within minutes. Asking for an amount that fits your income can improve your chances. If you're approved, you'll review the full terms before signing.
How can I get an emergency loan in Enterprise?
Unexpected bills happen, and an online emergency loan can help you handle them quickly. Fill out our 3-minute form with your income and bank details, and lenders in our network will review your request. Many make decisions within minutes, and approved funds are often deposited by the next business day. Amounts range from $100 to $5,000, and you're never obligated to accept an offer.
Can I get a personal loan in Enterprise with bad credit?
Yes, it's possible. Many lenders in our network work with borrowers who have fair, poor or limited credit, and they look at factors like income and employment, not just your score. Approval and rates depend on your full profile, and nothing is guaranteed, but checking your options is free. Enterprise residents can see if they qualify for $100 to $5,000 in about 3 minutes.
Where can I find a loan for bad credit in Enterprise?
You can apply at local banks and lenders in Enterprise, or go online to reach more lenders at once. Banks often have stricter credit requirements, while many online lenders consider all credit types. Our free form sends one request to multiple lenders in our network, so you don't have to apply one by one. Many applicants get a decision within minutes.
Do I need to visit a store in Enterprise?
No. You can request offers online from a phone or computer. Some lenders, especially title lenders, may ask you to visit a location or send photos of your vehicle.