Varies for Personal Loans
CLA has numerous affiliated locations across the country, with a significant presence in states such as Georgia, Texas, Alabama, and South Carolina. This allows individuals from all different regions to begin a loan inquiry online, over the phone, or in person with a loan agent. Our verdict is that CLA focuses on accessibility by providing short-term loans for borrowers, so the repayment period may not be ideal for those who need an extended period of time to pay off their loans.1
Pros and Cons of Community Loans of America (CLA)
CLA can be a fast choice for people who need convenient financial solutions, especially if they own a vehicle and struggle to get approved for traditional bank loans.5
- Bad credit borrowers may be eligible for title loans5
- Convenient repayment options
- Fast approval process and competitive rates4
- Securing a loan against your car can result in repossession if you default on your loan
- May need to have a bank account to secure a personal loan
- Required documents may change based on your state of residence
Securing a loan with CLA is designed to be as convenient as possible, allowing qualified borrowers to access fast funding when they need it most. Upon final approval, it’s possible to receive your funding on the same day or by the next business day!1 5
One of the primary disadvantages about choosing a title loan with CLA is that you may be required to drive to a designated location to complete your vehicle inspection, which may not be ideal for some borrowers.5
How Community Loans of America (CLA) Compares
to Other Options
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| Max Cash's Rating | |||
| Repayment Terms | Varies by State⁴ | Up to 48 months | 24 to 60 months |
| Funding Timeline | Receive funds by the same or the next business day | Receive funds as little as one business day | Receive funds on the same day or by the next business day |
| Bottom Line | Provides eligible borrowers with convenient access to money, but there are often shorter loan terms in comparison to other loans.4 Borrowers have the option to begin their loan inquiries online or in-store.5 |
5 Star Car Title Loans loans are known for their quick funding and flexible approval process.4 Applying for a loan in person may not be an option, but 5 Star Car Title Loans offers services for both personal and title loans.5 |
OneMain Financial is a well-established, 100+ year old lender offering personal loans up to $20,000, for many financial needs.1 Eligible applicants may even receive funding the same or by the next business day, if approved.5 |
Frequently Asked Questions about
Community Loans of America (CLA)
Yes, CLA has 1,000+ affiliate locations in over 25 states and are leading providers of short-term loans and other financial products. CLA’s affiliate locations can offer professionalism and convenience to consumers who need access to fast funding.
You can conveniently send an email to their customer care team.
Yes, but CLA is not BBB accredited.
