Do Cash Advance Lenders Work with Installment Loans, Bad Credit?

Cash advance lenders are versatile, non-traditional lenders who offer a variety of products to most people who need to borrow money. They make getting approved for loans easier than traditional and bank lenders. They also offer both payday loans and installment loans. And best of all for so many Americans, they don’t make credit score a major factor in approving loan applications.

Cash Advance Lenders Offer Installment Loans

One thing that sets cash advance lenders apart from many others is that they offer both the traditional payday loan but also an installment loan. A standard payday loan is a great option for many working Americans. It provides a quick source of cash with an easy application that is simple to access, complete and submit. It connects you to a lender from a pre-screened network of professionals. A payday loan also offers small loan amounts in a very short period of time, usually funding in 24 hours or less. Installment loans offer all that and more.

How Installment Loans Are Different

Cash advance lenders also offer an installment loan for a very good reason: to give you choice and flexibility. When payday loans are due you repay the entire amount in full. This is a great way to get rid of debt quickly, but paying the full amount is not always possible. You may have other pressing expenses when the loan comes due on your next payday. An installment loan allows you to get all the great benefits of a payday loan—easy approval, convenient application, fast cash—while also being able to make repayment in smaller installments, not all at once. When you agree to the terms of the loan, you’ll get a schedule of repayments to make later.

How to Get Approved for an Installment Loan from Cash Advance Lenders

First you need to get to the application, which is simple. Find it online on our website, or download the free app to apply through your mobile device. You’ll fill out the short application, submit it to the site, and get matched with one of the best lenders in the business. What you need to get approved is a job, a regular income and payday, an income of $1,000 or more per month, and a valid bank account. There is no credit score requirement for getting approved. Once you get approved, which takes just minutes, you will have cash transferred to your bank account. You can then access that usually by the next business morning.

Repay your loan in the installments that you and your lender agreed upon, and you have an easy, simple, convenient loan that provides you with this flexible repayment option. You don’t have to settle for a loan that requires repayment in full if that doesn’t work for you. You also don’t have to settle for a lender that insists on checking your credit score and then rejects you when you can’t possibly meet the minimum required number.

TITLE