Personal loans in Fall River, MA
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Fall River, MA.
The median household in Fall River earns $56,673 a year, 45% below the Massachusetts median of $103,960. About 20% of residents live below the federal poverty line, and 64.7% of households rent their home. 11.1% of households have no home internet; our form works on any phone.
Massachusetts law that applies in Fall River
| Rate cap | Licensed small loan companies may charge no more than 23% a year on the unpaid balance (actuarial method), plus a $20 administrative fee when the loan is made. |
|---|---|
| License required | Yes. |
| Loan sizes covered | Loans of $6,000 or less (measured by the amount the borrower actually keeps after deductions). |
Full rules with statute citations: Personal Loans in Massachusetts. Cities in Massachusetts 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 Fall River
Here's what to have on hand before you start your personal loan request in Fall River:
- 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 Fall River
What Fall River borrowers use it for
deposits, trucks and first-week expenses
Emergencieshandle the unexpected the same week
Need money nowthe fastest options online
Medical billspay a doctor, dentist or pharmacy bill now
Loans for your situation
How to get a personal loan in Fall River
- 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 Fall River
20 FDIC-insured bank branches from 8 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| BayCoast Bank | 6 | 1485 Pleasant St, Fall River 02723 |
| Fall River Five Cents Savings Bank | 5 | 79 N Main St, Fall River 02720 |
| Santander Bank, N.A. | 2 | 33 Jeremiah V Sullivan Dr, Fall River 02721 |
| Rockland Trust Company | 2 | 768 Robeson St, Fall River 02720 |
| Citizens Bank, National Association | 2 | 501 Rodman St, Fall River 02721 |
| Mechanics Cooperative Bank | 1 | 60 Bedford St, Fall River 02720 |
| Bank of America, National Association | 1 | 87 Mariano Bishop Blvd, Fall River 02721 |
| Bristol County Savings Bank | 1 | 215 Pleasant St, Fall River 02721 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Fall River
14 credit-union locations from 8 credit unions.
| Credit union | Location |
|---|---|
| St. Anne'S | 286 Oliver St, Fall River 02724 |
| Fall River Municipal | 333 Milliken Blvd, Fall River 02721 |
| Alltrust | 1101 Stafford Rd, Fall River 02721 |
| Southcoast | 363 Highland Ave, Fall River 02720 |
| St. Michaels Fall River | 775 Davol St, Fall River 02720 |
| Notre Dame Community | 659 Eastern Ave, Fall River 02723 |
| Santo Christo | 149 Columbia St, Fall River 02721 |
| St. Anthony Of Padua | 806 Bedford St, Fall River 02723 |
Source: NCUA credit union branch data, June 30, 2026.
Nearby cities
County: Bristol County ·
Frequently asked questions
Can I get a personal loan with bad credit in Fall River?
Possibly. Lenders in our network consider applicants with fair and bad credit across Massachusetts, including Fall River. Expect higher APRs than prime borrowers get, and compare every offer's total cost.
Is there a maximum interest rate on personal loans in Fall River, MA?
23% APR plus $20 fee on loans up to $6,000; 20% usury above.
How fast can I get a personal loan in Fall River?
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 is an installment loan?
An installment loan is money you borrow and repay in fixed, scheduled payments, usually every two weeks or monthly, until it's paid off. Personal loans, auto loans and many short-term loans are installment loans. Because repayment is spread out, each payment is smaller than a lump sum. Lenders in our network offer installment loans from $100 to $5,000 to Fall River borrowers who qualify.
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. Fall River residents can see their options in about 3 minutes.
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 Fall River with our free 3-minute form.
How do installment loans work in Fall River?
You apply, the lender reviews your income and credit profile, and if you're approved you receive a lump sum deposited into your bank account. You then repay it in equal scheduled payments over an agreed term, with interest built in. Your agreement shows each payment amount and date before you sign. Fall River residents can see installment loan offers with our free 3-minute form.
How long does it take to get a personal loan in Fall River?
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 Fall River.
Do I need to visit a store in Fall River?
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.