Personal loans in Smithfield, NC
U.S. Census Bureau, ACS 2020–2024 5-year estimates for Smithfield, NC.
The median household in Smithfield earns $43,270 a year, 40% below the North Carolina median of $72,388. About 27% of residents live below the federal poverty line, and 41.3% of households rent their home. 15.9% of households have no home internet; our form works on any phone.
North Carolina law that applies in Smithfield
| Rate cap | For loans of $12,000 or less: 33% a year on the first $4,000 of unpaid principal, 24% on $4,000-$8,000, and 18% above $8,000. |
|---|---|
| License required | Anyone in the business of lending or servicing loans of $25,000 or less at charges above what Chapter 24 allows needs a license from the Commissioner of Banks. |
| Loan sizes covered | Installment loans up to $25,000. |
Full rules with statute citations: Personal Loans in North Carolina. Cities in North Carolina 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 Smithfield
Here's what to have on hand before you start your personal loan request in Smithfield:
- 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 Smithfield
What Smithfield borrowers use it for
the fastest options online
Rent duecover a short gap before payday
Holiday expensesgifts and travel without maxing a card
Moving costsdeposits, trucks and first-week expenses
Loans for your situation
How to get a personal loan in Smithfield
- 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 Smithfield
9 FDIC-insured bank branches from 7 banks. Many banks offer small-dollar loans or overdraft lines to existing customers.
| Bank | Branches | Example location |
|---|---|---|
| KS Bank, Inc. | 2 | 1031 N Brightleaf Blvd, Smithfield 27577 |
| First-Citizens Bank & Trust Company | 2 | 409 E Market St, Smithfield 27577 |
| PNC Bank, National Association | 1 | 410 E Market St, Smithfield 27577 |
| Truist Bank | 1 | 1112 N Brightleaf Blvd, Smithfield 27577 |
| Wells Fargo Bank, National Association | 1 | 201 E Market St, Smithfield 27577 |
| United Community Bank | 1 | 128 N 2nd St, Smithfield 27577 |
| Woodforest National Bank | 1 | 1299 N Brightleaf Blvd, Smithfield 27577 |
Source: FDIC BankFind Suite, retrieved Oct 2026.
Credit unions in Smithfield
2 credit-union locations from 1 credit unions.
| Credit union | Location |
|---|---|
| State Employees' | 502 N Brightleaf Blvd, Smithfield 27577 |
Source: NCUA credit union branch data, June 30, 2026.
Nearby cities
County: Johnston County ·
Frequently asked questions
Can I get a personal loan with bad credit in Smithfield?
Possibly. Lenders in our network consider applicants with fair and bad credit across North Carolina, including Smithfield. Expect higher APRs than prime borrowers get, and compare every offer's total cost.
Is there a maximum interest rate on personal loans in Smithfield, NC?
Tiered caps: 33% on first $4,000, 24% to $8,000, 18% above.
How fast can I get a personal loan in Smithfield?
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.
Can I get a personal loan in Smithfield 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. Smithfield residents can see if they qualify for $100 to $5,000 in about 3 minutes.
How do I apply for a personal loan with bad credit in Smithfield?
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 Smithfield?
You can apply at local banks and lenders in Smithfield, 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.
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 Smithfield with our free 3-minute form.
Can I get a personal loan with a 500 credit score?
It may be possible. A score around 500 limits options with traditional banks, but some online lenders consider low scores when you have steady income and an active bank account. Offers may be for smaller amounts, and approval isn't guaranteed. The quickest way to find out is to submit one request through our network and see whether lenders respond with an offer. It takes about 3 minutes.
Do I need to visit a store in Smithfield?
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.