Loans from
$300 – $5,000

Repayment term
4 – 24 Months

Minimum credit score
No min. to apply

The figures provided are representative of a typical installment loan made or arranged by CreditNinja and are not guaranteed rates or terms that you may qualify for.

By Izzy M
Modified on March 25, 2024

St. Louis, MO, is located on the far right side of the state alongside the Mississippi River. Nearby cities include Florissant, Chesterfield, Fenton, and Arnold, to name a few. St. Louis is called the Gateway to the West in honor of the historical and magnificent Gateway Arch.

The city of St. Louis, MO, kickstarted the Louisiana Purchase Expedition of Lewis and Clark in 1803. Afterward, St. Louis grew exponentially as New Englanders moved westward and settled in the city. St. Louis was a crucial location in the 19th century due to its proximity to the transcontinental railroad system and Mississippi river. St. Louis was the fourth largest city in America during the late 1890s.

The Gateway Arch was designed by a Finnish-American architect named Eero Saarinen and was completed in 1965. It was erected to commemorate the expansion of the United States. The Gateway Arch is America’s tallest monument at 630 feet in height. Saint Louis visitors can take a tram up to the top, where the views span 30 feet in either direction.

Sports fans must visit Busch Stadium, which is home to the St. Louis Cardinals. The Cardinals have won eleven World Series Championships so far, making them the second most successful baseball team in the US. If you have children or consider yourself a child at heart, visit the City Museum. The City Museum is a former shoe warehouse converted into a giant funhouse with a ten-foot slide.

St. Louis has a population size of 301,578. The median value of homes in the city is $138,700, and homeowners make up about 43.7% of the population. Homeowners with a mortgage typically shell out $1,285 monthly, while those without a mortgage pay $454. The price of rent in St. Louis, MO, varies, but the median gross rent is $828.

What Is a Personal Loan?

Looking for a way to stop worrying about money? Consider applying for a loan in Missouri. A personal installment loan, also simply called a personal loan, is a type of installment loan available. Money is dispersed all at once and repaid in small monthly payments for a designated period.

The length of time borrowers get for repayment is flexible. Unlike other fast cash loan options, such as payday loans, borrowers could get months or years for repayment. If a borrower receives a year for repayment but pays off their personal loan early, they can choose to do so. Most personal loan options don’t charge prepayment penalty fees for loans paid off early.

Qualification for a personal loan is dependent on the inquirer’s credit score and their ability to repay the loan. There is not one solitary type of personal loan, as terms are typically personalized for the borrower. Loan amounts can vary from a few hundred dollars to thousands depending on the borrower’s financial background.

Do I Qualify for a Personal Loan in St. Louis, MO?

Personal loans provide emergency funding to Saint Louis residents who want to pay off payday loans, medical expenses, and other bills. But do you qualify for personal installment loans?

To qualify for personal loans in St. Louis, MO, inquirers typically need three key things:

  • To be at least 18 years of age
  • The ability to repay loans on time
  • Established credit history

Personal loans are a popular lending option because eligibility requirements are flexible. Although your credit score is used as a qualifying factor for funding, you could still be deemed eligible with a bad credit score! Just about everyone struggles with their finances at some point in life. With a personal loan, your past financial hiccups don’t have to dictate your future financial health.

What Can I Use Personal Loans for in St. Louis, MO?

If you need fast cash in St. Louis, MO, you may wonder if there are spending restrictions. Personal installment loans offer more versatility than other loan options! You could use your loan money on just about any expense you deem necessary.

Loan amounts vary with installment loans, which makes them ideal for small and substantial expenses. Your credit worthiness could help you get the maximum loan amount to cover high-priced costs. But if your credit is terrible, you may still be able to get a reasonable loan amount with personal loans.

These are just some of the reasons St. Louis, MO residents apply for quick cash:

Home Improvements

If your Saint Louis house is old, it likely needs a lot of work done to feel like a proper home. Owning a house is worthwhile, but the costs can quickly add up. Home improvements such as installing a roof, remodeling, and replacing drafty windows can cost thousands of dollars. If you need financial support to cover the cost, you may be able to get the maximum loan amount with personal loans.

Debt Consolidation

Having too many bills to handle each month can stress you out. With so many different due dates, you could quickly lose track of your finances and end up having to cover the cost of multiple late fees. But with a maximum loan in Saint Louis, you could pay off numerous debts, so you only have one to deal with each month! Consider reducing your current stress levels by using personal loans for debt consolidation.

Medical Bills

Your health may be excellent one minute, and then you may unexpectedly require medical care. Hospital bills can be overwhelmingly expensive—especially if you don’t have health insurance. An emergency room visit can cost a couple thousand dollars. Not everyone has that much money to spare, but an installment loan may help you pay off that medical bill.

Funeral Expenses

Death is often unexpected, which makes it that much more devastating. Funeral expenses can be excessively high. The average price is about $6,000 for the casket, viewing, burial, and other necessary costs. It can be hard to come up with the quick cash necessary in such a short period. An installment loan could help you afford a beautiful funeral for your loved one.

Moving Costs

Moving can be exciting, but the costs can be crippling. There are a lot of expenses to keep in mind before moving day arrives, such as packing supplies and labor costs. If you need transportation in Saint Louis, you will need to rent a truck. Hiring movers can be costly, but they can make the moving process much more manageable. An installment loan can be an affordable idea if you need cash for moving expenses before your next pay period.

Are There Different Types of Personal Loans in St. Louis, MO?

There are various types of personal loans you could pick from in Saint Louis. The type of loan agreement you should get is dependent on your preferences and your financial background. Although popular, know that there are much better options than payday or title loans in Missouri. These are popular installment loan options in Saint Louis:

  • Bad Credit Loans — If your credit is less than perfect, know that you may still be able to get emergency funding through bad credit personal loans. Bad credit personal loans offer flexible qualification requirements!
  • Same-Day Loans — If you need money within one business day, apply for same-day loans. This type of loan could help you get cash in hand within 24 hours.
  • No Credit Check Loans — If you want to avoid the hassle of a credit check, there are no credit check loan options! Credit checks can lower an already bad FICO score, but you can avoid a hard pull with no credit check options.
  • Unsecured Loans — Most personal loans are unsecured, meaning borrowers don’t have to secure money using an asset.
  • Secured Loans — Secured personal loans require collateral for emergency funding. Most lenders typically accept vehicles, boats, stocks, and bonds.

What Documents Do I Need To Get Personal Loans in St. Louis, MO?

The documents you need to get personal loans in Saint Louis vary by lender. The good news is that you could avoid traveling to a store location with online options. Instead of personally handing your documents over to an agent, you can just submit your required documentation online!

Typically you will be asked to provide the following primary documents for financial loans:

  • A government-issued photo ID (driver’s license or state identification card)
  • Proof of income (paycheck stubs, bank statements, etc.)
  • Proof of address (credit card statements, utility bills, etc.)
  • Proof of asset ownership (if applying for a secured loan)
  • References (typically can be either professional or personal)

Do I Need an SSN To Get Personal Loans in St. Louis, MO?

Suppose you want a sizable loan amount in Saint Louis. In that case, you may wonder if you need a Social Security number to apply. Some people prefer to avoid using their Social Security number due to security fears. While other people simply do not have a Social Security number.

In order to complete a loan application, you will need to provide proof of identification. That means providing either a Social Security number or an Individual Taxpayer Identification Number. You may use either option with most lenders, but some require just your Social Security number.

What Fees Can I Expect With a Personal Loan in St. Louis, MO?

When applying for a loan in Saint Louis, it’s a good idea to be informed of the various fees you will end up paying. Before proceeding with the application process, ask a lender about their fees. Every lender offers different repayment terms, so you may find an option in Saint Louis with significantly fewer fees.

The fees most loan options charge include the following:

  • Origination Fees — This is the cost of processing your information and sending you your approved funding.
  • Late Fees — If you miss a payment due date, a late fee is a cost you must pay.
  • Dishonored payment fees — If a loan payment bounces due to insufficient funds in your checking or savings account, you may be charged a dishonored payment fee.
  • Prepayment Fees — If you repay the loan early, a lender could penalize you. Some lenders charge prepayment penalty fees while others do not.
  • Application Fee — Depending on the lender, you may be charged for applying and getting a preapproval decision.
  • Annual Percentage Rate — This is the interest rate fee charged for the year.

Do I Need a Bank Account To Get Personal Loans in St. Louis, MO?

If you don’t have a bank account, could you still qualify to get a personal installment loan in Missouri? A checking account is required for funding, but you can easily apply for one online.

Personal loans provide quick cash in as little as 24 hours. This is made possible through direct deposit. Without a checking account, you are ineligible to receive your money electronically. Setting up a checking account to get a fast direct deposit is free and can be conveniently done online in your free time! Once you set up an account, you just need to provide your bank name, routing number, and account number.

What Are the Benefits of Personal Loans in St. Louis, MO?

When applying for any type of loan, make sure to ask about the benefits. It’s not enough to simply get a high loan amount. Some financial institutions offer phenomenal benefits that make the repayment process convenient, affordable, and hassle-free.

Personal loans offer eligible borrowers a lot of benefits. Take a look below:

No Spending Restrictions

Some financial institutions limit what you can do with your money. If your spending is limited to certain expenses, you may feel duped once you are approved for a loan and find out you cannot buy school supplies. There are no spending restrictions with personal loans, so you can spend your money however you see fit.

Low-Interest Rates

You may be hard-pressed to find loan products with reasonable interest rates. Lenders charge high rates because most states don’t have a cap on how high rates can get. The higher the interest set, the more money a lender makes by lending. But rest easy knowing you could get low rates through a personal installment loan in Saint Louis.

Bad Credit is Okay

Qualification for loans in Missouri is often based on credit worthiness. This can be troublesome if you have less than perfect credit. With personal loans, credit worthiness doesn’t have to stop you from getting the money you need! Eligibility is still possible despite having bad credit.

Fixed Monthly Payments

While some lenders in Missouri offer variable interest rate loans as an affordable cash option, they are actually quite costly. You may pay a low amount one month, while you may struggle to pay a high amount the following month. With fixed monthly payments, you know exactly how much you need to avoid late fees and stick to a budget.

Quick Approval

A loan is an excellent option if you don’t have enough money in your savings account or simply want to avoid using up your entire savings account. With personal loans, you could get the cash you need in as little as one business day!

Flexible Repayment Length

A lot of emergency cash options are short-term loans. Borrowers typically only receive a few weeks or months for repayment. For example, the loan term of a payday loan lasts only two short weeks. Your monthly payments may be astronomical with short payback terms if you request a high loan amount! Luckily you could choose between short or extended repayment terms with a personal installment loan.

Get a Personal Loan in St. Louis, MO With CreditNinja

There are plenty of lenders to pick from in Saint Louis, but CreditNinja remains one of the superior lending options. Eligible borrowers in need of financing could receive affordable terms and numerous benefits that are hard to find with other lenders. CreditNinja aims to provide Saint Louis residents with alternative financing solutions and quality customer service.

These are just some of the fantastic benefits you could receive:

  • 24/7 Online Application — Conveniently apply online at any time, day or night.
  • Easy Process — The application process is simple and hassle-free. Answer basic questions right from the comfort of home.
  • Personalized Repayment Terms — You can choose to receive short or extended repayment terms based on your unique budget.
  • Competitive Rate — Rates are kept competitive throughout the repayment process!
  • Flexible Loan Amounts — Eligible borrowers can request a few hundred dollars or thousands depending on their financial needs.
  • Quick Funding — Money can be received in your checking or savings account in as little as 24 hours after approval.

What our borrowers are saying

  1. Tram Ride at the Gateway Arch
  2. A Brief History of St. Louis
  3. Teams with the most World Series titles
  4. St. Louis Census

¹Not all loan requests are approved. Approval and loan terms vary based on credit determination and state law. Applications approved before 10:30 a.m. CT Monday – Friday are generally funded the same business day. Applications approved after this time are generally funded the next business day. Some applications may require additional verification, in which case, the loan if approved, will be funded the business day after such additional verification is completed.