Personal Loans in Rhode Island
Here's what fees you can expect when obtaining online personal loans in Rhode Island:
| Personal loan lending status in Rhode Island: |
Legal |
| Maximum loan amount in Rhode Island: |
Up to $5,000 (R.I. Gen. Laws 19-14.2) |
| APR cap: |
Tiered: 3% a month up to $300, 2.5% a month from $300 to $800 and 2% a month from $800 to $5,000 (R.I. Gen. Laws 19-14.2-8, 19-14.2-11) |
| Minimum loan term: |
Not specified |
| Maximum loan term: |
25 months for loans of $1,000 or less, 60 months above that |
| State Regulator: |
Rhode Island Department of Business Regulation
|
Table Data Updated: October 2026.
Above you can see what fees you can expect when obtaining online personal loans in Rhode Island.
Personal Loan Locations in Rhode Island
Fastcash Pawn & Checkcashers
4.9★★★★☆(1425 reviews)
848 Newport Ave, Pawtucket, RI 02861, USA
Advance America
5.0★★★★★(649 reviews)
325 Armistice Blvd, Pawtucket, RI 02861, USA
Advance America
5.0★★★★★(545 reviews)
361 Reservoir Ave Unit B-2, Providence, RI 02907, USA
Capital Good Fund
4.6★★★★☆(480 reviews)
333 Smith St, Providence, RI 02908, USA
Advance America
5.0★★★★★(477 reviews)
775 Bald Hill Rd, Warwick, RI 02886, USA
Advance America
5.0★★★★★(395 reviews)
400 Warwick Ave Ste. 2, Warwick, RI 02888, USA
Advance America
4.9★★★★☆(314 reviews)
500 Dyer Ave c, Cranston, RI 02920, USA
Advance America
4.9★★★★☆(231 reviews)
50 Ann Mary St #102, Pawtucket, RI 02860, USA
Rhode Island Credit Union (Cranston Branch)
2.7★★☆☆☆(49 reviews)
860 Reservoir Ave, Cranston, RI 02910, USA
Chris Alfano - loanDepot - Loan Officer - NMLS #2097161
5.0★★★★★(32 reviews)
1615 Pontiac Ave 1st Floor, Cranston, RI 02920, USA
No locations found for that city. Show all
Personal loans in Rhode Island are unsecured installment loans from banks, credit unions, and online lenders. Borrow from $1,000 to $50,000 and pay back over 1 to 7 years with predictable payments.
Unlike credit cards, personal loans have a fixed interest rate and a set payoff date. Use the funds for almost any legal purpose – no restrictions.
Benefits of Using MaybeLoan
- See several offers instantly – get rates from top lenders serving Rhode Island with one quick form
- Soft check only at comparison stage – the matching process does not affect your credit
- Transparent monthly payments – know exactly what you are paying before you commit
- All credit types considered – we work with lenders for a range of credit scores
- No fees from MaybeLoan – comparing is always free
How to Get a Personal Loan in Rhode Island
Getting a personal loan in Rhode Island through MaybeLoan takes just a few minutes.
- Step 1: Fill out the quick online form – name, address, income, and desired loan amount
- Step 2: See your offers – compare real rate offers instantly
- Step 3: Compare and choose – look at APR, monthly payments, and loan terms
- Step 4: Get funded – typically within 1-3 business days, sometimes same day
Who Qualifies
To qualify for a personal loan in Rhode Island, most lenders require:
- 18 years of age or older
- Legal residency in the United States
- Active checking account in your name
- Steady employment, self-employment, or benefits
- Social Security number
Credit score requirements vary by lender. Prime lenders typically look for 660+. MaybeLoan works with lenders across the credit spectrum.
Personal Loan Rates in Rhode Island
Your actual rate depends on your credit score, income, loan amount, and term. Borrowers with excellent credit (720+) often qualify for rates under 10%.
MaybeLoan makes it easy to see multiple offers side by side so you can find the best rate available to you in Rhode Island.
FAQ - Personal Loans in Rhode Island
Ryan Abramson is an independent financial consultant with 20+ years in banking and consumer credit. He has held senior roles at two U.S. banks, advising clients on lending products, credit risk, and personal finance strategies. Ryan holds dual degrees in economics and finance. His writing on MaybeLoan focuses on helping borrowers understand loan terms, compare lenders, and make informed decisions under financial pressure.
