What is an Installment Loan?
People choose short-term unsecured installment loans to cover small, urgent expenses while avoiding late payment penalties and bounced-check fees. On our website you can apply for an installment loan online and have your money directly deposited into your checking account the next banking day.
Does the approval process take long?
Our customers usually receive approval within a few hours. Since the cash is directly deposited into your checking account, you can have access to received funds the next banking day.
What do I need to be approved for an installment loan?
You need to meet the following minimum requirements:
- Be a U.S. citizen
- Be at least 21 years of page
- Have a checking account with direct deposit
- Have a regular source of income
- Earn at least $1,000 monthly
How much can I borrow?
Our installment loans range from $100 - $1000, depending on the laws of your state.
Is there a fee for filling out our application form?
We never charge our customers for applying for an installment loan.
How is the installment loan amount determined?
We qualify you for an installment loan amount based on your personal needs, your income and other criteria that you provide on our application form.
Do I need direct deposit?
Your loan application can be approved if your paycheck is direct deposited. It is the most secure way to provide installment loans as quickly as we do.
What about collateral to qualify for an installment loan?
No collateral is needed to qualify for our loans
Do I need to fax you any documents?
Yes, we are required to have your pay stub and drivers license on file.
Is my information secure and kept confidential?
What hours is your online service available?
We accept installment loan applications 24 hours a day, every day of the year.
What if I have bad credit?
Bad credit is not a problem. Unlike other lending institutions, we do not perform traditional credit checks and don’t require that you have good credit.
How do I determine my due date?
All installment loan payments are scheduled for your next pay date, unless your next pay date is less than 12 days away. In this case, your installment loan payment will be due on the following pay date, you can make a payment anytime you wish simply call us with your instructions and we will apply a payment at anytime, this will reduce your interest charges.
Can I pay off my installment loan earlier than the due date?
Yes, you can pay off your installment loan earlier if you wish and reduce the interest fees charged.
What If I can't pay the installment loan back within the payment schedule?
We have a variety of repayments options available. Our loans are amortized over 6 months but reasonable extensions are possible.