For lightening fast installment loans in St. Louis Mo, Personal Money Store is here to help. Through our network of lenders, we’ll help you get the loan you need at a rate that won’t break your budget. Our customers get installment loans online very quickly, with no waiting period and no red tape.
Installment Loans in St. Louis Mo
We offer installment loans in St. Louis that satisfy your need for fast cash. You don’t have to fill out a mountain of paperwork, nor is there any long approval period required.
- Bad credit? Not a problem. We give out loans online fast, even if your credit isn’t the best.
- Fast approval, fast cash loans online.
- We will deposit the loan directly into your bank account.
- Your application is fully secure and confidential. No one will ever know that you came to us for a loan.
|Short Term Personal Loan||$15 fee|
|Bounced Check||$32 fee|
|Late Credit Card Payment||$37 fee|
|Late Utility Bill||$46 fee|
*Based on $100 loan or $100 balance on existing accounts. This shows average fees – your rate may differ.
We Can Help You Get Loans Online Fast
You can get the quick installment loans in St. Louis Mo. citizens have come to depend on for the fast cash they need to pay their bills. The process is quick and painless. In a matter of minutes, you can be approved for a loan that you can pay back in easy installments. That’s all there is to it!
Bad Credit Is No Barrier
As mentioned before, you don’t need a credit score of 900 to get installment loans in St. Louis. Just provide proof of your address, proof of employment, and in most cases, you’re good to go. Our lending network has a variety of methods with which they can get you the quick loan approval you need to get out of a financial jam.
Get The Money You Need To Make Ends Meet
When you need fast cash to make a payment on your home or car, there’s no need to scramble your brains trying to come up with the cash. You don’t have to sell off property or beg relatives for a loan. Come see us instead, and our lenders will help get you the convenient installment loan you need to cover your bills.
Get the Online Installment Loan You Need Fast
When you need fast cash and have already been turned down by your bank, you can come to us to get online installment loans in St. Louis. Our friendly loan arrangers can get you the money you need to tide you over, at terms that are reasonable and easy to satisfy.
About St. Louis, Mo.
St. Louis is a major city, perhaps best known for its majestic Mississippi River scenery and the iconic Gateway Arch. The city is known for its vibrant culture, including its unique regional cuisine and local music scene. It was the starting place for Lewis and Clark’s voyage of discovery. And if you need a fast loan to extend your stay in this wonderful city, you’re covered. For fast installment loans in St. Louis Mo., visit personalmoneystore.com today.
APR: The equivalent annualized percentage rate for payday loans and other short-term installment loans ranges from 547.5% to 999.45%, based on the amount and the length of the loan. Larger loans with longer payback periods have lower interest rates. While this sounds large, one must consider that these loans are only meant to be for a very small time-frame, usually 2 weeks. Annualizing other fees in the same manner results in APR of 2336% for a returned check fee of $32 against a $100 check, a 965% fee against a $37 credit card late fee or over the limit fee, or a 1203% APR for a typical $46 reconnect fee by a utility company.
Financial Implications: Short term payday loans are meant to be just that: Short term. Typical fees range from $15 to $40 for every $100 borrowed up to $500.00. Fees per $100 begin dropping on loans larger than $500.00. Fees are typically less than what borrowers can expect to pay for bouncing a check, having a utility disconnected, or paying a credit card bill late.
Collection Practices: Collection practices will vary from State to State and Lender to Lender. Some common methods if a loan becomes delinquent include, attempts at collections internally, primarily through telephone, an attempt to work out a pay-off arrangement that takes into strong consideration the financial condition of the borrower, and other internal attempts. Often, after all attempts at internal collections have failed, the lending agency may send the loan to a third party collection agency in an attempt to recover the funds lent in good faith, or may take other action within their legal rights. Check with your lender and your State regulations to be informed of the collection practices used by your lender.
Credit Score Impacts: Short term, payday loan lenders may rely on your credit report and are not limited to any of the three (3) major rating agencies – Equifax, Experian, or Transunion. Generally, the borrower doesn’t have to bear concern that their score may be affected by having the loan request determined by results from these agencies, however, such determination is solely in the discretion of the payday loan lender(s), which may result in the lender(s) submitting, among other things, the borrower’s request for the loan, or the subsequent payment(s) under the loan to any of these agencies. Short term lenders may also rely on their own scoring criteria, which is generally based on income and ability to repay, as well as the borrower’s payment history of any previous payday loans that have been made with the lender in question, or with other payday lenders.