Frequently Asked Questions

Still have any questions about US Installment Loans? No problem! Below you will find a well-curated list of FAQs from our customers. Keep reading to find answers to queries you may have.

What Are the Eligibility Requirements for a Loan?

To apply for a loan, you must:

  • Be at least 18 years old
  • Be a citizen of the US
  • Be in a full or part-time employment
  • Have a government-issued ID
  • Have a regular income
  • Have a valid bank account

Do Your Lenders Only Provide Installment Loans?

No. Our lenders offer all types of loans. Besides installment loans, they can also provide you with payday loans, personal loans, title loans, bad credit loans, same-day loans, and the list goes on.

Do Your Lenders Only Provide Installment Loans?

No. Our lenders offer all types of loans. Besides installment loans, they can also provide you with payday loans, personal loans, title loans, bad credit loans, same-day loans, and the list goes on.

How Do I Apply for a Loan via US Installment Loans?

Getting a loan is fast and easy with US Installment Loans. Get the ball rolling by completing an application form with your accurate personal and financial information, such as your credit score, email address, phone number, zip code, employment status, current income, and more. This information will be forwarded to our lenders upon submission. The entire process can only take a few minutes.

How Quickly Can I Receive My Offer?

On receiving your request, our lenders review your information, performs soft credit checks for formality's sake, and give you an offer if they deem you reliable. Typically, you can receive offers from some willing lenders in as little as 5 minutes.

When Will I Receive My Loan?

Typically, most of our lenders can deposit your requested money to your bank account as soon as the same day. Nevertheless, some others may require a few more days. It's advisable to ask your lender about the funding speed before sealing the deal.

How Much Can I Borrow?

This depends on a number of factors, including but not limited to;

  • What type of loan you're applying for: Generally, our borrowers can get payday loans, installment loans, quick loans, and bad credit loans between $50- $5000. While those who request a personal or title loan can even borrow up to $35,000.
  • How is your credit history: Your credit score range also plays a role in affecting the amounts you can get. Bad credit borrowers may only qualify for smaller loan amounts with higher interest rates, compared with those with stellar credit.
  • How much you can afford: Debt can be difficult to pay off and can be an enormous burden. The lenders we work with will try their best to offer you a loan that fits within your borrowing capacity. However, this shouldn't be the sole responsibility of our lenders. Be sure to accept offers that you can repay comfortably.

Do Your Lenders Cater to Borrowers With Bad Credit?

Yes. Borrowers with less-than-appealing credit scores can still take out a loan via US Installment Loans. We work with bad credit lenders that prioritize non-traditional factors such as income, employment status, and repayment ability over your credit scores. As long as you can prove that you would be able to work with what you're offered, chances are you can get approved for a loan.

Will You Conduct a Credit Check?

US Installment Loans won't run credit checks on your profiles while our lenders, as mandated by US financial regulations, will need to perform a credit check, which, however, will only be a soft search and have no negative effects on your credit.

What If I Am Unable to Repay My Loan?

It can have a negative impact on your credit score if you miss payment deadlines, let alone the extra penalties you have to pay. Should you foresee that you may be unable to repay your loans on time, contact your lenders to request an extension of the repayment period before the payment deadlines hit. Chances are that they will approve it.

Will My Information Be Kept Safe?

Yes. We prioritize users'information security and privacy over anything else. We employ military-grade encryption technology to keep your data from third-party prying eyes and leakages.

Should I Take Out a Loan?

As with any major decision in life, taking out a loan requires a great deal of thought and consideration.

On one hand, loans prove quite helpful in a time of need. Cash-strapped people can settle some utility bills with a payday loan to get the cash needed and stay afloat until the next payday. For anyone considering buying a new property, a personal loan can be a life-saver. It offers a big wad of cash while only requiring low monthly payments.

In any case, you should always weigh the benefits of loans against the risks involved, evaluate your affordability, and decide whether to take the plunge.