Installment Loans

Bad credit personal installment loans are commonly believed to be a myth. We here at CreditNowUSA have busted that myth with the creation of a network of lenders with bad credit installment loans. Traditional lenders, such as banks and credit unions, won’t offer bad credit personal installment loans because they feel you might not be a good credit risk. It’s attitudes such as these that have perpetuated the myth and have, perhaps, made you to feel that no credit check installment loans are just not possible.

Traditional Lenders

Here’s what you will find at a traditional lender when you attempt to get a bad credit personal installment loan;

  •  Long application processes
  • Your credit report will be pulled
  •  You will be asked what you want the bad credit installment loan for and wait to be judged as to whether it’s an adequate reason for a loan.
  • You will have to put up some form of collateral
  • Long wait for approval, and in most cases your application will be denied.

It’s no wonder the myth has lasted as long as it has, traditional banks and credit unions make it fairly impossible for you to receive the funds you need. It’s a vicious circle, where you are required to have money, to get money.

By Contrast

By using the lender finding service at CreditNowUSA for bad credit personal installment loans, you will find

  • Easy and fast online application
  • No credit check installment loans
  • No questions about why you need or want the bad credit installment loan for
  • No collateral is required for a bad credit personal installment loan
  • Fast approval – typically within minutes
  • Fund directly deposited into your bank account by the end of the following business day.

Today, getting a installment personal loan bad credit is not as hard as it once seemed. Our staff works daily to bring new lenders into our network, so that we can assist as many applicants as possible and within a timely manner as well. We just don’t believe that making you jump through unnecessary hoops is the answer to your immediate cash issue and we are constantly evolving in attempts to make the short term personal loan bad credit process as simple and stress free as possible.

Requirements for Installment Loans for Bad Credit

As a part of our efforts to make bad credit installment loans as simplistic as possible, the requirements for applying are relatively easy to meet. If you meet these requirements, you can begin your application immediately:

  1. · Be at least 18 years of age.
  2. · Are gainfully employed for the last 90 days with a monthly income in excess of $1000 or;
  3. · Receive monthly benefits in excess of $1000.
  4. · Have an active checking account in your name.
  5. · Be a legal citizen of the United States.

It’s that simple, easy and straightforward. Within seconds of submitting your application, you will be contacted by one or more lenders. Your task then is to choose the loan and lender that works best for your personal situation. You may find that a lender offering a loan may have a slightly higher interest rate, but has a better option for repayment than another loan with a lower interest rate.

Benefits to you

When utilizing our lender finding service here at CreditNowUSA, you will find a number of benefits such as:

  1. Applications for installment loans for bad credit are approved 24/7. So you can apply when the time is right for you, even if that is 3am on a Sunday.
  2. You are free to spend the short term personal loan bad credit funds as you see fit, no questions asked.
  3. The no credit check loans installment payments are directly debited from your checking account on dates you prearrange with your lender.
  4. You may preselect when your first payment will be made – allowing you to set up a budget for the payments.
  5.  Your no credit check loans installment payments are reported to the three credit bureaus, thereby giving a boost to your credit score.
  6. Most (if not all) of our lenders have no penalty for early payoff of the no credit check installment loans

Bad credit personal installment loan funds can be used to help you out of a sudden financial crunch and unlike a payday loan or cash advance, the ability to make the no credit check loans installment payments made over time fit more easily into your budget and allows you the peace of mind you need. You can rest assured knowing that the words ‘short term personal loan bad credit’ actually can go hand-in hand.

Uses of No Credit Check Installment Loans

Though we never ask, we’ve received feedback from prior applicants about the loans they received and what they used the funds for. This has given us a nice overview as to the uses of our bad credit installment loans.

  •  Cindy L. – repaired her car
  • Cole W. – paid off a high interest credit card
  •  Jake M. – installed a new furnace
  • Michael S. – purchased business suits for a new job
  • Robert H. – New tires and brakes on his pick-up truck
  • Barbara L. – bought her daughter’s wedding dress
  •  Edith W. – took a much needed vacation
  • Kathleen D. – paid off her last student loan
  • Donald C. – purchased a new central air conditioner for his house
  • William P. – paid his tax bill and avoided high interest penalties
  • Robert G. – purchased and installed a backyard pool for his family
  • Sonya Z. – paid a medical bill

As you can see, there are a varied amount of reasons for using the funds from bad credit installment loans, from urgent such as vehicle repairs and medical bills to the things that just improve your quality of life such as a vacation or a swimming pool. As we stated before, the reasons for short term personal loans bad credit are yours, we won’t ask

If you find yourself, for what-ever reason, in need of a bad credit personal installment loan, there is no need to go through the stress and worry of not having the funds you need, or waiting for the traditional lenders to turn you down. Our lenders are standing by with no credit check installment loans for you. The process begins with our application. There is no reason to delay, apply now.

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