Regional Finance Review: Poor Credit OK But Not Cheap
Regional Finance personal loans isn't available on Finder right now.
- Max. Loan Amount
- $35,000
- APR
- 24% to 35.99%
- Min. credit score
- No minimum credit score stated
Our verdict
Loan options for borrowers with poor credit, but high rates and origination fees may apply.
Regional Finance offers loans up to $35,000 for borrowers with a wide range of credit scores. You can apply online or visit one of its 350+ stores, located in 19 states. It advertises funding in as fast as 24 hours and loan terms up to 60 months. But it may charge origination fees, rates and loan amounts vary by state, and some loans may require collateral. Plus, loans aren’t fully available online — you’ll have to visit a branch location to provide documentation and sign your loan agreement.
Best for: Borrowers with poor credit looking for larger loans than most installment loan providers offer.
Pros
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Loans up to $35,000
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350+ store locations
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Considers poor credit
Cons
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Rates and loan amounts can vary by state
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May require collateral
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Must visit a branch location
Is Regional Finance legit?
Yes. Regional Management Corp. is a publicly traded consumer finance company. It operates under the name Regional Finance in branch locations around the US, online and through direct mail campaigns.
The company’s privacy policy says that it “maintains commercially reasonable security measures” to protect your data from unauthorized access or misuse. However, some reviews say it sends unsolicited but valid checks to home addresses that could fall into the wrong hands.
What makes Regional Finance shine?
For customers who prefer a more personal approach, Regional Finance has more than 350 stores across 19 states. This physical presence provides a way for applicants without internet access to get a loan.
The company doesn’t require a minimum credit score to apply, so borrowers with less-than-perfect credit may still be eligible for a personal loan from Regional Finance. Plus, you can find out if you prequalify without impacting your credit score.
Where Regional Finance falls short
While Regional Finance advertises rates capped at 35.99%, some customers have reported rates up to 60% or more, which may depend on the state you live in. Similarly, its maximum loan amounts vary by state. And you may be on the hook for an origination fee, according to some customer reviews.
To secure your loan, you might need to provide collateral. Specifically, Regional Finance calls for a first lien on a motor vehicle for larger loan amounts. You may also need collateral for smaller loan amounts, but you’ll need to talk to your local branch for more information about collateral requirements. On the upside, secured loans may come with lower interest rates than unsecured personal loans.
Regional Finance doesn’t offer fully online loans. You can prequalify online, but you’ll need to visit a branch to submit documentation and sign the loan agreement.
How Regional Finance compares to other lenders
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Regional Finance loan details
| Minimum credit score/credit range | No minimum credit score stated |
| APR | 24% to 35.99% |
| Loan amount | $600 to $35,000 (but maximum loan amounts vary by state) |
| Terms | 12 to 60 months |
| Approval turnaround | 24 to 48 hours |
| Availability | Available in: Alabama, Arizona, California, Georgia, Idaho, Illinois, Indiana, Louisiana, Mississippi, Missouri, New Mexico, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Utah, Virginia, Wisconsin |
| Fees | Origination fees Late fees NSF penalties |
| Other fees | $2.95 payment processor fee for one-time in-person or online payments |
Regional Finance contact info
| Phone number | 888-636-3535 |
| Customer service hours | Varies by branch location |
| Not listed, but there is an online contact form | |
| X, formerly Twitter | @RgnlMngmntCorp |
| Regional Finance |
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How to qualify for Regional Finance
Regional Finance doesn’t list the exact requirements to qualify, but it says you’ll need the following:
- A valid, government-issued ID
- Proof of residence
- Proof of income
How to apply
You can visit one of Regional Finance’s branch locations or follow these steps to get started online.
- Fill out the online prequalification form.
- Wait for your local branch to contact you within 24 to 48 hours if you prequalify, or you can call.
- Bring in your required documents, sign your loan agreement and receive a check that day.
Prequalifying only requires a soft credit check, but Regional Finance conducts a hard inquiry if you decide to proceed with the loan offer.
Regional Finance reviews and complaints
| BBB accredited | No |
|---|---|
| BBB rating | B |
| BBB customer reviews | 1 out of 5 stars, based on 19 customer reviews |
| Trustpilot Score | 4.6 out of 5 stars, based on 1,985 customer reviews. |
| Customer reviews verified as of | 03 September 2025 |
Regional Finance has generally high ratings on Trustpilot, with customers applauding the friendly customer service and fast and easy process. But others complain of high rates, difficulty refinancing or being approved for lower loan amounts than they requested.
The company doesn’t have any positive reviews on the Better Business Bureau (BBB). Chief complaints include billing and payment issues, inaccurate credit reporting and unauthorized credit checks. Many also cite high APRs, with customers saying they were offered rates anywhere from around 30% to 60% or more.
What do people on Reddit say?
But there are other cases where the checks were sent to the wrong or old address and someone else cashed them, meaning they took out a loan in someone else’s name. The innocent people affected had to jump through a lot of hoops to get these loans removed from their credit reports.
Frequently asked questions
Your reviews
Lacey Finder
Writer
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Jeni Finder
July 12, 2019
Hi Gracie,
Thank you for getting in touch with Finder.
If you consider getting a loan with Regional Finance, you might still qualify for a loan with them event without a bank account so long that you can show proof of income and residence as well as meet Regional Finance’s credit requirements.
You may also reach out to lenders offering bad credit loan or no bank account loan.
Please make sure that you’ve read the relevant T&Cs or PDS of the loan products before making a decision and consider whether the product is right for you.
I hope this helps.
Thank you and have a wonderful day!
Cheers,
Jeni
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Anthony
June 17, 2019
My credit is a little under 550 but I have an emergency and need a loan of at least 1000 without those depositing directly in your account scams. What can I do?
Jeni Finder
June 20, 2019
Hi Anthony,
Thank you for getting in touch with Finder.
You can refer to our bad credit cash loans page to compare your options and see which lender suits you. Most lenders require you have a checking account when you apply because they use it to deposit your funds and withdraw your payments. Please make sure that you’ve read the relevant T&Cs or PDS of the loan products before making a decision and consider whether the product is right for you.
I hope this helps.
Thank you and have a wonderful day!
Cheers,
Jeni
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info on small loans
December 18, 2018
Where can i apply for a small loan no direct deposit i eant through check
johnbasanes Finder
December 19, 2018
Hi, Info on small loans,
Thank you for leaving a question.
You may consider getting a personal loan. Though for the repayment options, you may need to directly speak with the provider if they allow checks as payments. Hope this helps!
Cheers,
Reggie
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Naresh
November 25, 2018
Can I get Loan $5000
nikkiangco
November 25, 2018
Hi Naresh,
Thanks for your inquiry and for visiting our page. You may certainly get a loan at Regional Finance. To get started, be sure to review the eligibility criteria of the loan before applying to increase your chances of approval. Read up on the product disclosure statement of the product and contact the lender should you need any clarifications about the loan. Hope this was helpful. Don’t hesitate to message us back if you have more questions.
Best,
Nikki
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Gracie
July 10, 2019
My credit score is around 580. I do not have a checking account my check goes on to a card provided thru First State Bank. Are there any loan options out there for me?