Personal loans in Houma, LA
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Houma, LA.
The median household in Houma earns $58,194 a year, about the same as the Louisiana median of $60,756. About 16% of residents live below the federal poverty line, and 27.6% of households rent their home.
Louisiana law that applies in Houma
| Rate cap | A licensed lender may charge up to 36% a year on the part of the unpaid principal up to $1,400; 27% on the part from $1,400 to $4,000; 24% on the part from $4,000 to $7,000; and 21% on any part above $7,000. |
|---|---|
| License required | Anyone in the business of making consumer loans must hold a consumer loan license from OFI before making loans; loans may be made only from the licensed location. |
Full rules with statute citations: Personal Loans in Louisiana. Cities in Louisiana 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 Houma
Lenders that serve Houma 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 Houma
What Houma borrowers use it for
pay a doctor, dentist or pharmacy bill now
Need money nowthe fastest options online
Car repairskeep getting to work while the shop fixes it
Rent duecover a short gap before payday
Loans for your situation
How to get a personal loan in Houma
- 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 Houma
25 FDIC-insured bank branches from 12 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| South Louisiana Bank | 5 | 1362 W Tunnel Blvd, Houma 70360 |
| Hancock Whitney Bank | 4 | 7910 Main St, Houma 70360 |
| Synergy Bank | 3 | 210 Synergy Center Blvd, Houma 70360 |
| JPMorgan Chase Bank, National Association | 3 | 1549 Polk St, Houma 70360 |
| b1BANK | 2 | 1300 W Tunnel Blvd, Houma 70360 |
| Regions Bank | 2 | 1830 Martin Luther King Jr Blvd, Houma 70360 |
| Capital One, National Association | 1 | 1047 W Tunnel Blvd, Houma 70360 |
| First Horizon Bank | 1 | 706 Barrow St, Houma 70360 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Houma
4 credit-union locations from 4 credit unions.
| Credit union | Location |
|---|---|
| La Capitol | 1421 Saint Charles St, Houma 70360 |
| T E A | 7220 Main St, Houma 70360 |
| Pelican | 292 S Hollywood Rd, Houma 70360 |
| La Terre | 701 Barrow St, Houma 70360 |
Source: NCUA credit union branch data, June 30, 2026.
Nearby cities
County: Terrebonne Parish · Payday Loans in Houma · Title Loans in Houma
Frequently asked questions
Can I get a personal loan with bad credit in Houma?
Possibly. Lenders in our network consider applicants with fair and bad credit across Louisiana, including Houma. Expect higher APRs than prime borrowers get, and compare every offer's total cost.
Is there a maximum interest rate on personal loans in Houma, LA?
Blended tiers: 36% to $1,400, 27% to $4,000, 24% to $7,000, 21% above.
How fast can I get a personal loan in Houma?
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 Houma with our free 3-minute form.
Can I get an emergency loan with bad credit in Houma?
Yes, many emergency loan lenders consider borrowers with bad credit. They often put more weight on your current income and ability to repay than on past credit problems. Approval isn't guaranteed, but applying through our network lets you reach multiple lenders with a single request instead of applying again and again. Houma residents can see if they qualify in about 3 minutes.
Are personal loans bad for your credit?
Not necessarily. Checking offers often uses a soft inquiry that doesn't affect your score, though a lender may do a hard pull before final approval. Once you have the loan, on-time payments can help build your credit history, especially with lenders that report to the major bureaus, while missed payments can lower your score. Houma residents can see their options in about 3 minutes.
How long does it take to get a personal loan in Houma?
With online lenders, the process is usually fast. Our form takes about 3 minutes, many lenders make a decision within minutes, and approved funds are often deposited by the next business day. Some lenders may ask for documents such as pay stubs, which can add a little time. Having your information ready before you start helps you get money sooner in Houma.
How do I apply for a personal loan with bad credit in Houma?
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.
Do I need to visit a store in Houma?
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.