Apply Installment Loans Online
Installment Loans Online Up To $5000
When you need emergency funds and can't borrow money from a bank it's a good idea to apply for online loans from direct lenders. Online installment loans are one of the most convenient options due to lower interest rates and flexible terms. Applying takes a few minutes and once approved, you have a good chance to get the money on the same business day.
Installment Loans Online
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Frequently asked questions
What is an Installment Loan?
An Installment Loan is a long term personal loan that gives you the opportunity to get the money you need. Approval on the day of application is guaranteed. The loan repayment period varies from 2 to 24 months depending on the state of residence. You can apply for an Installment Loan both online and offline.
What is an Installment loans eligibility criteria?
In order to apply and be approved, you need to meet certain criteria. The main ones are:
- Recent proof of income
- Government issued ID
- Active bank account
- Social security number
- Email and contact phone number
What are the repayment terms for the Installment Loan?
Since the Installment Loan is long term, the repayment terms may also vary. Usually, it ranges from 12 months to 2 years. The loan repayment period depends on the lender, the loan amount and the state of residence.
Can I repay the Installment Loan in advance?
Yes, most installment lenders provide an opportunity to repay the loan in advance without commissions and fines. Thus, if you want to reduce your interest on the installment loan, repay the loan earlier.
Can I be approved for an Installment Loan with bad credit?
Yes, you can get an Installment Loan even with a bad credit history, but you will have to pay a lot of interest on your loan. Thus, the direct lender receives additional guarantees of your reliability.