Showing posts with label installments. Show all posts
Showing posts with label installments. Show all posts

Monday, April 18, 2016

What Can Installment Loan Lenders Do For You?

What Can Installment Loan Lenders Do For You?

Sometimes the extra cash you need comes at the worst possible time – or it’s simply a higher amount than is practical to repay from just a paycheck or two. Installment loan lenders can offer arrangements that extend your payments out for longer periods of time, thus lowering payments and making the loan as convenient and easy to manage and repay as it can be. This kind of loan can come in handy in many types of circumstances – when a family member or close friend is having a “destination wedding,” your car or home needs a major repair, or that trip to the dentist that didn’t turn out quite as quick as simple as you hoped.

Installment Loan Lenders Help You Move Forward Without Ongoing Debt

If you have great credit, you might be thinking, “I’ll just put the charge on a credit card,” but there are downsides to that you should consider. If you’re currently making payments on a charge card, do you even know what expenses you’re paying for? The way that system works, you pay a minimum amount every month, they add interest charges, and the balance keeps rolling and growing. Most of us never actually pay them down to zero and keep them there, so expenses can keep accruing interest for months or years. With the kind of payment terms available through our installment loan lenders, you can get affordable payments over a longer period of time, yet still not have endlessly ongoing debt following you for years on end.

What If My Credit’s Not Good? Can I Still Be Approved?

Installment loan lenders have a somewhat unorthodox method of evaluating an applicant’s creditworthiness – which works to your benefit. Instead of the standard credit score, our lenders use a set of criteria that are based more on current circumstances. Regardless of your credit score, as long as you have no record of defaulting on similar short term loans, your chances of approval are excellent as long as your employment history and income are within range.

How Do I Get Started?

Getting started is incredibly quick and simple. You can complete the application quite literally any time of the day or night, from anywhere you have an internet connection. The site is optimized for mobile use so you can use your phone or tablet, and the installment loan lenders are available to review and approve your application twenty-four hours a day. All you need is basic information – the application asks for your basic identification like name and address, info on your employment and income, and your bank account number so the approved funds can be direct-deposited. There are no questions about current debts or expenses, no credit references, required, and no documentation needs to be. You can apply and be approved in just minutes, and have funds in your bank account by the time the bank opens the next day.