Online Installment Loans in Illinois
When you read or hear the word “installment”, the first thing that comes to mind are traditional lenders such as banks who offer long-term installment loans. However, not everyone can avail those loans due to their strict approval procedures and not everyone has the time to wait for days before receiving a loan. When all you need is a short-term loan of a few hundred dollars, you may think of turning to payday loan lenders for help.
However, payday loans can be tough to repay considering the fact that they are needed to be paid back in lump-sum. That’s when online installment loans come into the picture. Online installment loans from InstallmentLoanz are a quick solution to your financial problems, and are also quite easy to repay.
They come with every benefit that payday loans have to offer, plus an easy repayment term since they aren’t required to be repaid in lump-sum and instead are required to be paid back in instalments over the course of a few months. Convenient, isn’t it?
Online Loans in Illinois for Bad Credit
Most installment loans are given by traditional lenders, and if you have bad credit it is most likely that your request for such a loan will be denied. That’s when one turns to payday loan lenders for help, but their inflexible repayment option can lead one to a debt trap eventually.
The good news is that you can now get an installment loan even if you have a bad credit history. Being a considerate online installment loan lender, we understand that your bad credit rating is due to faulty repayments made by you in the past, and we judge you based on your present financial status. All we ask for you to have is a stable income which is the basis upon which you shall be able to get a loan from us. As long as you have a stable monthly income, you’re good to go!
No Credit Check Installment Loans in Illinois
You may have heard of no credit check loans only with online payday loan lenders in Illinois. Traditional lenders offering installment loans conduct hard credit checks which not only makes it difficult for you to get a loan from them, but it can also possibly reduce your credit rating even further thus making it difficult for you to get a loan elsewhere. Apart from that, credit checks are time consuming which is a contributor to the fact that traditional loans take up to days to get approved for.
We do not conduct credit checks at all, since we do not believe in wasting time. Our loans are meant to be a quick solution to your desperate financial needs which is why we avoid conducting hard credit checks. You can now get an installment loan in just 24 hours due to our quick approval procedures that totally eliminate time-consuming processes.
Know How to Get Online Loans in Illinois With Bad Credit in Three Easy Steps
Loan Approval Decision Is Based On Your Ability To Repay And Not On Your Credit Score.
The Approved Money Is Electronically Deposited In Your Account Within 24 Hours.
Get Unsecured Short-Term Installment Loans in Illinois
Yes, you read that right. Just like payday loan lenders, we too do not ask you to offer collateral in order to receive an installment loan from us. We believe that processing collateral related documents are time-consuming and can delay your loan for quite a bit. Also, we do not want to burden our borrowers with the risk of losing their collateral which is also why we don’t ask for any kind of security in order to fund you. Unlike traditional lenders who ask their bad credit holders for security/collateral, we do not believe it is fair to do so which is why even bad credit holders can get funded by us without offering collateral.
Apply now to get unsecured online installment loans in Illinois from a direct lender online.