Looking for Installment Loans for Bad Credit?
Installment loans are often known to be given by traditional lenders such as banks. But, banks don’t offer loans to bad credit holders, and even if they do, they come with a lot of weightage. High interest rates and the need for collateral come with loans given to bad credit holders which isn’t the easiest way to go for everyone. Payday loans on the other hand are known to be given to people who hold bad credit ratings as well. However, it isn’t that easy to repy payday loans since they are required to be paid back in lump-sum.
The best option for anyone and everyone would be to get an installment loan even for bad credit. However, is that a thing? Are installment loans given for bad credit too? The answer is YES! You can get an installment loan irrespective of your credit rating from InstallmentLoanz.
We are a direct lender offering installment loans to people with good, bad and no credit history as well. This makes it easy for bad credit holders to get a loan that is easy to repay.
Get Installment Loans for Bad Credit Online
Installment loans for bad credit can be availed online. With InstallmentLoanz, you don’t have to worry about running around all over the countryside just to get a short term loan that can be repaid in installments. What are the benefits of applying online? Here are a few points to prove that applying online is better than applying for a loan at a store:
- You don’t have to waste time travelling all the way to your lender
- You can apply at any time and from anywhere
- You don’t have to go through the hassle of paperwork
- You don’t have to stand in long queues waiting for your turn
- You don’t have to visit your lender only during their “opening hours” which can clash with your work timings.
- You don’t lose out on an entire day’s work and in turn salary just to apply for a short-term loan.
Get Easy Installment Loans Online for Bad Credit
Getting an installment loan online is easy to get with InstallmentLoanz as your direct lender. We do not rely on your previous financial repayments which is why we accept borrowers who have good, bad or no credit history at all as well. We however, do depend on your current financial situation which can be proven through your income statement. As long as you have a stable income, offering a loan to you shouldn’t be a problem to us at all. However, how much you shall receive shall depend on how much you earn in a month.
Along with your income statement, we shall need the following documents that shall prove you to be a trusted borrower and shall help you qualify for a personal installment loan for bad credit:
- Social Security Number
- Income Statement/ Pay Stub
- Age proof (18+)
- Verifiable contact details
- Checking account details
Instantly Approved Installment Loans for Bad Credit
With InstallmentLoanz, your request for a loan shall be instantly approved. We are a direct lender offering quick solutions to your financial problems which is why you can get loans in just 24 hours with us. To get a loan from us even for bad credit instantly, it takes just 3 simple steps including:
Online application: It takes just a few minutes to apply for our loan online which includes a simple application form and basic documentation requirements. You can apply for an installment loan with us at any time and from anywhere depending on your convenience.
Instant approvals: Once we receive your request along with every document asked for by you, we shall instantly approve your loan. In case we do not receive all your documents we shall get in touch with you for the same.
Quick Transfers: Once we approve your request for a loan, it is only a matter of a few minutes that we transfer your funds which shall reach you within 24 hours at the max (depending on the policies of your bank).