Montana Best Personal Loan Rates - October 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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Montana personal loan rates range from 7.50% to 15.75% APR, verified by MonitorBankRates as of October 13, 2026. Current personal loan options available to borrowers in Montana include: Mile High Federal Credit UnionMile High Federal Credit Union3410 MONROE AVE, BUTTE, MT, 59701A+5.0 ★Texas Ratio: 0.00% offering Personal Loan at 7.50% APR, Billings Federal Credit UnionBillings Federal Credit Union2522 4th Ave N, Billings, MT, 59101 1316A+5.0 ★Texas Ratio: 5.23% offering Personal Loan at 8.24% APR, Ravalli County Federal Credit UnionRavalli County Federal Credit Union501 N 1st St, Hamilton, MT, 59840 2129A+5.0 ★Texas Ratio: 0.08% offering Debt Consolidation Loan at 8.25% APR, The Family First Federal Credit UnionThe Family First Federal Credit Union2901 11th Ave s, Great Falls, MT, 59405 5301A5.0 ★Texas Ratio: 8.95% offering Personal Loans at 8.49% APR, and Richland Federal Credit UnionRichland Federal Credit Union201 W Holly St, Sidney, MT, 59270 3626A+5.0 ★Texas Ratio: 0.34% offering Signature Loan at 8.75% APR. Personal loan rates as of October 13, 2026 according to verified data from MonitorBankRates.
Use the tabs below to compare personal loan rates across Montana side-by-side. Montana personal loan rates currently start as low as 7.50% APR from Mile High Federal Credit Union at 3410 MONROE AVE, BUTTE, MT, 59701. Rates are continually updated, so we recommend checking back frequently.
We empower borrowers with transparent, proprietary financial health metrics, including A-F Safety Grades, verified Star Ratings, and Texas Ratios, so you can confidently borrow from a stable, highly-rated institution in Montana.
Personal loan rates reflect recent market quotes and representative offers available to borrowers in Montana. Rates shown are typically “as low as” APRs for borrowers with excellent credit. Your final approved rate will depend on your credit history, credit score, income, and loan amount. Personal Loan Rates Last Updated and Verified: October 13, 2026
Montana Personal Loan Rates
As low as
As Low As; Fixed rate
As Low As; Credit Grade: A+; Up to $25,000 in unsecured credit; Fixed rate; No application or origination fees; New loans only (not valid for refinancing existing RCCU debt)
Credit Grade: A; Up to $25,000 in unsecured credit; Fixed rate; No application or origination fees; New loans only (not valid for refinancing existing RCCU debt)
- Oct 5, 20268.40%▲ from 8.25%
- Sep 14, 20268.25%first recorded
As Low As
As Low As
As Low As*; *See important disclosures for details.
As Low As
$5000 limit for a maximum of 1 year
As Low As; APR 1 as low as 9.75%; Personal Loan rates range from 9.75% to 17.75% APR; Rates based on creditworthiness; Subject to credit approval
As Low As; Rates as low as 9.90% - see if you qualify; Rate based on creditworthiness and term of loan
As Low As; Maximum term 60 months
As Low As; Fixed Rate; APR as low as 9.99%
Published APR range: 9.99%-16.00%. As low as
As Low As; Consumer Loans
No additional details available.
Unsecured personal loan; rate listed for members with an A+ (750 or higher) credit score; rates may be higher based on credit score risk rating; base rate is .15% over A+ rate
Rates as low as 10.00% APR*
As Low As
Credit Grade: B; Up to $25,000 in unsecured credit; Fixed rate; No application or origination fees; New loans only (not valid for refinancing existing RCCU debt)
- Oct 5, 202610.40%▲ from 8.25%
- Sep 14, 20268.25%first recorded
APR; term not stated
As Low As
$5000 limit for a maximum of 2 years
As Low As; Rates effective January 19, 2023. Rates, terms and conditions are subject to change and may vary based on creditworthiness, qualifications and collateral conditions. Payment example based on a $2,000 loan: $93.20 at 10.99% APR with a 24 month term; $65.47 at 10.99% APR with a 36 month term; and $52.66 at 11.99% APR with a 48 month term. Your APR may differ based on your loan amount, repayment method, and other factors.
As Low As; Rates effective January 19, 2023. Rates, terms and conditions are subject to change and may vary based on creditworthiness, qualifications and collateral conditions. Payment example based on a $2,000 loan: $93.20 at 10.99% APR with a 24 month term; $65.47 at 10.99% APR with a 36 month term; and $52.66 at 11.99% APR with a 48 month term. Your APR may differ based on your loan amount, repayment method, and other factors.
No additional details available.
No additional details available.
Up to a $5000 limit; renew every 2 years
$5000 limit for a maximum of 3 years
As Low As; Fixed rate, terms up to 60 months available depending on credit score and amount financed; Rate shown applies to Personal Unsecured, Autos, Boats and RVs 2016 or older model year vehicles or vehicles valued at under $10,000 and Cycle Products 2021 or older model year vehicles; Secured and Unsecured Loans are available
As Low As; Maximum term 60 months
As Low As; Rates effective January 19, 2023. Rates, terms and conditions are subject to change and may vary based on creditworthiness, qualifications and collateral conditions. Payment example based on a $2,000 loan: $93.20 at 10.99% APR with a 24 month term; $65.47 at 10.99% APR with a 36 month term; and $52.66 at 11.99% APR with a 48 month term. Your APR may differ based on your loan amount, repayment method, and other factors.
No additional details available.
Credit Grade: C; Up to $25,000 in unsecured credit; Fixed rate; No application or origination fees; New loans only (not valid for refinancing existing RCCU debt)
- Oct 5, 202613.40%▲ from 8.25%
- Sep 14, 20268.25%first recorded
Published APR range: 15.25% - 16.50%. NOT available to Credit Scores Below 621
Published APR range: 15.25% - 16.50%. NOT available to Credit Scores Below 621
Credit Score: 600-639
Montana Personal Loan Rates
As low as
As Low As; Fixed rate
As Low As
As Low As*; *See important disclosures for details.
As Low As; APR 1 as low as 9.75%; Personal Loan rates range from 9.75% to 17.75% APR; Rates based on creditworthiness; Subject to credit approval
As Low As; Maximum term 60 months
Published APR range: 9.99%-16.00%. As low as
As Low As; Consumer Loans
Unsecured personal loan; rate listed for members with an A+ (750 or higher) credit score; rates may be higher based on credit score risk rating; base rate is .15% over A+ rate
APR; term not stated
As Low As; Rates effective January 19, 2023. Rates, terms and conditions are subject to change and may vary based on creditworthiness, qualifications and collateral conditions. Payment example based on a $2,000 loan: $93.20 at 10.99% APR with a 24 month term; $65.47 at 10.99% APR with a 36 month term; and $52.66 at 11.99% APR with a 48 month term. Your APR may differ based on your loan amount, repayment method, and other factors.
As Low As; Rates effective January 19, 2023. Rates, terms and conditions are subject to change and may vary based on creditworthiness, qualifications and collateral conditions. Payment example based on a $2,000 loan: $93.20 at 10.99% APR with a 24 month term; $65.47 at 10.99% APR with a 36 month term; and $52.66 at 11.99% APR with a 48 month term. Your APR may differ based on your loan amount, repayment method, and other factors.
No additional details available.
No additional details available.
As Low As; Maximum term 60 months
As Low As; Rates effective January 19, 2023. Rates, terms and conditions are subject to change and may vary based on creditworthiness, qualifications and collateral conditions. Payment example based on a $2,000 loan: $93.20 at 10.99% APR with a 24 month term; $65.47 at 10.99% APR with a 36 month term; and $52.66 at 11.99% APR with a 48 month term. Your APR may differ based on your loan amount, repayment method, and other factors.
Published APR range: 15.25% - 16.50%. NOT available to Credit Scores Below 621
Published APR range: 15.25% - 16.50%. NOT available to Credit Scores Below 621
Montana Debt Consolidation Loan Rates
As Low As; Credit Grade: A+; Up to $25,000 in unsecured credit; Fixed rate; No application or origination fees; New loans only (not valid for refinancing existing RCCU debt)
Credit Grade: A; Up to $25,000 in unsecured credit; Fixed rate; No application or origination fees; New loans only (not valid for refinancing existing RCCU debt)
- Oct 5, 20268.40%▲ from 8.25%
- Sep 14, 20268.25%first recorded
Credit Grade: B; Up to $25,000 in unsecured credit; Fixed rate; No application or origination fees; New loans only (not valid for refinancing existing RCCU debt)
- Oct 5, 202610.40%▲ from 8.25%
- Sep 14, 20268.25%first recorded
No additional details available.
Credit Grade: C; Up to $25,000 in unsecured credit; Fixed rate; No application or origination fees; New loans only (not valid for refinancing existing RCCU debt)
- Oct 5, 202613.40%▲ from 8.25%
- Sep 14, 20268.25%first recorded
Montana Signature Loan Rates
As Low As
As Low As
$5000 limit for a maximum of 1 year
As Low As; Fixed Rate; APR as low as 9.99%
No additional details available.
Rates as low as 10.00% APR*
As Low As
As Low As
$5000 limit for a maximum of 2 years
Up to a $5000 limit; renew every 2 years
$5000 limit for a maximum of 3 years
Montana Personal Loan Rate Trends
Compare local Montana personal loan rates against the statewide average
Daily personal loan rate averages tracked across our database of 8,500+ banks and credit unions, updated every evening.
Montana personal loan rates fell 0.106 points over the past 7 days to 10.273% APR.
Montana signature loan rates rose 0.195 points over the past 7 days to 10.406% APR.
Montana Personal Loan Rate Forecast, Next 12 Months
Personal loan APRs follow lender funding costs and credit conditions. Our model projects the likely path of personal and signature loan averages from the current Montana figures.
Forecast Methodology & Assumptions
Key assumptions: the Federal Reserve holds the federal funds rate at its current level over the next 12 months, with the possibility of one 25 basis point increase; unsecured lenders reprice new offers within one to two policy cycles, and advertised as-low-as rates move before average approved rates do.
Important notice: this forecast is for informational purposes only and should not be used as the sole basis for financial decisions. Rate forecasts carry significant uncertainty. The actual trajectory will depend on Federal Reserve decisions, economic conditions, and competitive dynamics among financial institutions.
What Would Your Monthly Payment Be?
Estimated monthly payments at the current MT average personal loan APR of 10.27%, across the terms lenders serving Montana most commonly offer. Personal loans are fixed-rate and fully amortizing, so the payment never changes and the balance reaches zero on schedule.
| Loan Amount | 24 Months | 36 Months | 48 Months | 60 Months |
|---|---|---|---|---|
| $5,000 | $231.36/mo | $161.98/mo | $127.47/mo | $106.91/mo |
| $10,000 | $462.71/mo | $323.96/mo | $254.94/mo | $213.82/mo |
| $15,000 | $694.07/mo | $485.93/mo | $382.41/mo | $320.72/mo |
| $25,000 | $1,156.78/mo | $809.89/mo | $637.35/mo | $534.54/mo |
| $35,000 | $1,619.49/mo | $1,133.84/mo | $892.29/mo | $748.36/mo |
Principal and interest only. Does not include any origination fee, which some lenders deduct from your loan proceeds. Your APR depends on credit score, income, loan amount, term, and lender underwriting.
Consolidating Credit Card Debt in Montana
Debt consolidation is the most common reason people take a personal loan, and the math is usually straightforward: credit cards carry variable double-digit APRs, while a personal loan locks in a fixed rate and a fixed payoff date. Below is the total interest on a $15,000 balance repaid over 48 months at the MT personal loan average versus a range of typical credit card APRs.
| Repayment Option | APR | Monthly Payment | Total Interest | Interest Saved |
|---|---|---|---|---|
| Personal Loan (MT average) | 10.27% | $382.41 | $3,356 | |
| Credit card at 18% APR | 18.00% | $440.62 | $6,150 | $2,794 |
| Credit card at 22% APR | 22.00% | $472.59 | $7,684 | $4,329 |
| Credit card at 26% APR | 26.00% | $505.76 | $9,276 | $5,921 |
The 18%, 22%, and 26% figures are illustrative points across the range card issuers commonly charge, not a published average. Check your own statement for your actual APR, then use the calculator below to run your real numbers. This comparison assumes a fixed 48-month payoff in both cases; paying only the card minimum would stretch the timeline and raise interest substantially. Consolidation only helps if you avoid rebuilding a balance on the paid-off cards.
How to Get the Best Personal Loan Rate in Montana
Prequalify With a Soft Credit Check
Most lenders serving Montana will show you an estimated APR using a soft inquiry that does not touch your credit score. Prequalify with several before formally applying. The advertised rate is the best-qualified rate, and the number you personally receive can differ by many percentage points.
Compare APR, Not the Interest Rate
Origination fees run as high as 10% of the amount borrowed and come straight out of your proceeds, so a loan with a lower interest rate can cost more than one with a higher rate and no fee. APR folds the fee in, which makes it the only number worth comparing across lenders.
Check Local Credit Unions First
Credit unions consistently publish the lowest personal loan APRs in our Montana data, and many charge no origination fee. Membership is usually easier than expected; many accept anyone who lives, works, or worships in the area. Federal credit unions are also capped by regulation on what they may charge.
Borrow Only What You Need, for as Short a Term as You Can
Lenders often price longer terms at higher APRs, so a 60-month loan can cost more per dollar borrowed than a 36-month loan on top of accruing interest for longer. Take the shortest term whose payment comfortably fits your budget, and resist rounding the amount up.
- Buying a vehicle? A secured Montana auto loan will almost always beat an unsecured personal loan
- Home improvements and you have equity? Compare home equity rates, though your home becomes collateral
- Not urgent? Building the money in a Montana high-yield savings account costs nothing and earns interest instead of paying it
Montana Financial Snapshot
Local demographics and economic context for borrowers. Source: U.S. Census Bureau
A $382 monthly loan payment is roughly 11.3% of the median individual income in Montana. Lenders generally want your total monthly debt payments, including housing, to stay under roughly 36% of gross income, so consider the new payment alongside everything you already owe.
Personal Loan vs. Other Ways to Borrow
A personal loan is fast and requires no collateral, but it is not always the cheapest way to borrow. Here is how it compares to the main alternatives available to borrowers in Montana.
| Feature | Personal Loan | Credit Card | 0% Balance Transfer | Home Equity Loan / HELOC |
|---|---|---|---|---|
| Typical APR Level | ● Mid, fixed | ✗ Highest, variable | ✓ 0% for a promo window | ✓ Usually lowest |
| Collateral Required | ✓ None | ✓ None | ✓ None | ✗ Your home is at risk |
| Payment Predictability | ✓ Fixed payment and payoff date | ✗ Revolving, can last indefinitely | ● Rate jumps when promo ends | ● Fixed for loans, variable for HELOCs |
| Speed to Funding | ✓ Often 1 to 3 business days | ✓ Immediate if you hold the card | ● Card approval plus transfer time | ✗ Weeks (appraisal and closing) |
| Upfront Costs | ● Origination fee up to ~10% | ✓ None | ● Transfer fee, typically 3 to 5% | ● Closing costs possible |
| Best For | Consolidation and one-off costs, no collateral | Small balances paid in full monthly | Debt you can clear inside the promo window | Large projects when you have equity and time |
General comparison for educational purposes; terms, eligibility, and pricing vary by lender and borrower credit profile. Borrowing against your home converts unsecured debt into secured debt; missed payments can put the property at risk. MonitorBankRates is not a lender or financial advisor.
Personal Loan Payment Calculator
Estimate your monthly payment, total interest, and what an origination fee actually costs you. We’ve prefilled the APR with the current MT average, or click any rate on the right to apply it instantly.
Estimates assume a fixed-rate, fully amortizing loan with equal monthly payments and no prepayment. “Cash you actually receive” subtracts any origination fee deducted from proceeds; you still repay, and pay interest on, the full loan amount. Advertised APRs typically require strong credit; your approved rate may differ. This tool is for illustration and is not a loan offer.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Montana personal loan rate tables are free for consumers to use, and we do not receive payment from any lender to be included or to be ranked in any particular order. Listings are based solely on the rates each lender publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Personal Loan Rate Data: We aggregate personal loan rates for Montana directly from the official websites of banks, credit unions, and online lenders using our proprietary rate aggregation technology and a dedicated team of rate updaters. By sourcing data from the institutions’ own digital properties and verifying APRs regularly, every rate on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available personal loan products in Montana. We feature a comprehensive mix of lenders, from neighborhood credit unions and competitive regional banks to large national lenders available to borrowers in MT.
Regularly Updated APRs: Our rate updaters verify and update personal loan rates regularly. Because APRs can change based on market conditions and lender policies, every product features its own “last updated” date for full transparency. Personal loan APRs shown typically represent “as low as” rates for borrowers with excellent credit; your actual rate will depend on your credit history, credit score, income, and loan amount.
Personal Loans for Bad Credit in Montana
A FICO score below 580 is considered poor and 580 to 669 is fair. You can still get a personal loan with bad credit, but expect an APR well above the best rates on this page, a smaller loan amount, or a request for collateral or a cosigner. Where you apply matters as much as your score.
Start With a Credit Union
Federal credit unions cannot charge more than 18% APR on most loans through September 10, 2027. Many weigh your income and membership history, not just your score.
Ask About a Payday Alternative Loan
Many federal credit unions offer PALs for small, short term needs, capped at 28% APR with an application fee of no more than $20. That is a fraction of what a payday lender charges.
Secure the Loan With Savings
A share secured or CD secured loan uses your own savings as collateral, so approval is easy and the APR is low. On time payments are reported to the credit bureaus and help rebuild your score.
Add a Cosigner or Co-borrower
A second applicant with stronger credit can lower your rate and raise the amount you qualify for. They are equally responsible for every payment.
Prequalify Before You Apply
Most lenders show an estimated rate with a soft credit check that does not affect your score. Compare APRs, including any origination fee, before you submit a full application.
Avoid Payday and Title Loans
The CFPB notes a typical payday fee of $15 per $100 equals an APR of almost 400% on a two week loan. A title loan puts your car at risk. A credit union loan costs far less.
Frequently Asked Questions
What credit score do I need for a personal loan in Montana?
What is the difference between secured and unsecured personal loans?
Can I use a personal loan for debt consolidation in Montana?
Are credit unions or banks better for personal loans in Montana?
What is an origination fee on a personal loan?
Does checking personal loan rates hurt my credit score?
Can I pay off a personal loan early?
Can I get a personal loan with bad credit in Montana?
What is the maximum APR on a bad credit personal loan from a credit union?
What are the best personal loan rates in Montana?
- Mile High Federal Credit Union: 7.50% (Personal Loan)
- Billings Federal Credit Union: 8.24% (Personal Loan)
- Ravalli County Federal Credit Union: 8.25% (Debt Consolidation Loan)
- The Family First Federal Credit Union: 8.49% (Personal Loans)
- Richland Federal Credit Union: 8.75% (Signature Loan)
