Monday, June 23, 2014

What You Need to Know about Installment Loans

Installment loans, often referred to as “payday loans,” are simple cash advances that are provided to help people make it through to their next payday. These loans can also be used when a sudden need for more cash arises. Those who qualify for loans will be able to pay them back in a series of payments or all at once, whichever they prefer.  

Nowadays, it’s very easy to apply for installment loans online. Just make sure you are dealing with a reputable site. If a site tries to charge you to apply, run for the hills! You should never have to pay money upfront for a loan, nor should you have to pay to apply.

So, how much can you borrow? Well, that depends on your state, your lender, your credit history, and certain other factors. In most cases, though, borrowers will have access to anywhere from $50 to $1000.

To find out how much you can qualify for, visit

No comments:

Post a Comment