Personal loans in Haverhill, MA
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Haverhill, MA.
The median household in Haverhill earns $88,326 a year, 15% below the Massachusetts median of $103,960. About 11% of residents live below the federal poverty line, and 37.2% of households rent their home.
Massachusetts law that applies in Haverhill
| 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 Haverhill
Most Haverhill applicants can finish in one sitting if they have these ready:
- 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 Haverhill
What Haverhill borrowers use it for
deposits, trucks and first-week expenses
Emergencieshandle the unexpected the same week
Need money nowthe fastest options online
Holiday expensesgifts and travel without maxing a card
Loans for your situation
How to get a personal loan in Haverhill
- 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 Haverhill
12 FDIC-insured bank branches from 7 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| Haverhill Bank | 4 | 180 Merrimack St, Haverhill 01830 |
| Pentucket Bank | 3 | 1 Merrimack St, Haverhill 01830 |
| Bank of America, National Association | 1 | 191 Merrimack St, Haverhill 01830 |
| Santander Bank, N.A. | 1 | 340 Main St, Haverhill 01830 |
| TD Bank, National Association | 1 | 153 Merrimack St, Haverhill 01830 |
| Bank of New England | 1 | 37 Emerson St, Haverhill 01830 |
| The Lowell Five Cent Savings Bank | 1 | 750 Main St, Haverhill 01830 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Haverhill
5 credit-union locations from 5 credit unions.
| Credit union | Location |
|---|---|
| Brightbridge | 2 Water St, Haverhill 01830 |
| Align | 20 Cushing Ave, Haverhill 01830 |
| Beverly Municipal | 4 Summer St, Haverhill 01830 |
| Htm | 4 Summer St Ste 3, Haverhill 01830 |
| Haverhill Fire Department | 75 Kenoza Ave, Haverhill 01830 |
Source: NCUA credit union branch data, June 30, 2026.
Nearby cities
County: Essex County ·
Frequently asked questions
Can I get a personal loan with bad credit in Haverhill?
Possibly. Lenders in our network consider applicants with fair and bad credit across Massachusetts, including Haverhill. Expect higher APRs than prime borrowers get, and compare every offer's total cost.
Is there a maximum interest rate on personal loans in Haverhill, MA?
23% APR plus $20 fee on loans up to $6,000; 20% usury above.
How fast can I get a personal loan in Haverhill?
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.
How do I apply for a personal loan with bad credit in Haverhill?
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.
Where can I find a loan for bad credit in Haverhill?
You can apply at local banks and lenders in Haverhill, 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.
How can I get an emergency loan in Haverhill?
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.
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 Haverhill borrowers who qualify.
How do installment loans work in Haverhill?
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. Haverhill residents can see installment loan offers with our free 3-minute form.
Do I need to visit a store in Haverhill?
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.