The Anti-Poverty Coalition of Greater Dallas wants payday lending in Texas to end. (Photo Credit: CC BY-ND/Nik Hewitt/Best of Both Worlds)

Jobs fight poverty. Gainful employment grants motivated, enterprising consumers with the means to provide. Yet groups like the Anti-Poverty Coalition of Greater Dallas seem to have missed the memo, suggests the Payday Pundit. The Dallas Observer reports that the Dallas coalition is working hard to shut down personal loan and installment loan companies in Texas, as if eliminating thousands of jobs resembles a blow against poverty.

Blazing a trail out of poverty through scorched earth

Larry James, the CEO of Dallas-based non-profit CitySquare, told local media via press release that the coalition has a burning desire to find pathways out of poverty:

“The Anti-Poverty Coalition of Greater Dallas is a new coalition that seeks to move 250,000 people out of poverty permanently by 2020 by coordinating efforts to keep people from falling into poverty and increasing pathways out of poverty,” writes James.

‘A treadmill of debt’

The attack against the personal loans and installment loans industry amounts to keeping people from falling into poverty – “a treadmill of debt” – said James. Legislation such as Texas HB 410 and SB 253that bars payday lenders from being classified as credit service organizations would challenge existing zoning ordinances. By instituting a “strong zoning ordinance to decrease the clustering of payday and auto title lending stores,” the Anti-Poverty Coalition of Greater Dallas believes the shackles of poverty would lift from the wrists and ankles of the poor citizenry. Allegedly, there would be no more tears for those who were financially razed, not by bad personal spending habits and the exploitation of Wall Street, but by the so-called evils of payday lending. In truth, eliminating payday lenders limits consumer choice and costs Texas jobs, both dire consequences in light of the recession-ravaged economy.

An indirect attack, at best

Instituting zoning ordinances via HB 410 and SB 253 that would require personal loan and installment loan outlets to be at least 1,000 feet apart would only be the beginning, industry experts believe. Direct attacks against payday lenders such as demanding an untenable 36 percent APR cap have proven unpopular when it comes to battling poverty, as it would shut payday lenders down, which means people would lose their jobs.

Attacks through zoning fail to disguise the true intent of such “anti-poverty” coalitions. If groups like the Anti-Poverty Coalition of Greater Dallas took the time to understand the extant independent research that shows the connection between the absence of access to short term loans in a community and higher levels of poverty, perhaps charitable groups could find a more worthwhile target for their efforts.

Sources

Dallas Observer

Payday Pundit

Texas HB 410

Texas SB 253

Texas Secretary of State

Jobs fight poverty

An extended payment plan can be the key to avoiding payday loan default. (Photo Credit: CC BY/MoneyBlogNewz/Flickr)

Despite planning and the best of intentions, sometimes people find themselves unable to repay their payday loans when they come due. That’s why payday lenders that are members of the Community Financial Services Association of America (CFSA) offer an Extended Payment Plan (EPP). These types of installment loans enable consumers to repay their loans over a period of additional weeks regardless of the reason for default and free of additional charges.

EPP provisions vary by state and lender

Depending upon the state in which payday loans originate and whether the lender is a CFSA member, the stipulations of an Extended Payment Plan will vary. In the event that the laws of that state already provide for an EPP for consumers who get behind on their payday loans, state laws take precedence. CFSA members offer the service as an aid to consumers in states where a specific law does not already exist. CFSA-member extended payment plans generally allow consumers to repay their installment loans in four equal payments over the next four paydays, says eHow Money. If a borrower misses one of the four EPP payments, additional fees may apply.

How to request an EPP from CFSA-member lenders

• Make sure the lender is a CFSA member. The CFSA’s blue oval logo should be on display in the payday lender’s office or on the website. Even if the lender is not a CFSA member, it may offer its own extended payment plan. Ask for details.
• Contact the lender before close of business on the due date. If you’re going to run into trouble repaying your payday loans, contact your lender before close of business on the day before your loan is due. Go to the lending office or contact the lender online. Ask for an extended payment plan. You’ll then need to sign an agreement form that will specify the additional due dates. Read the extended payment plan carefully before signing.

If the lender is a CFSA member and you haven’t used an EPP in the past 12 months, but the lender refuses to offer you an EPP to help you avoid default, you can file a complaint. Contact the CFSA during Eastern time business hours at 888-572-9329 (fax 703-684-1219) or cfsa@multistate.com. Alternatively, contact the CFSA by mail at 515 King St., Suite 300, Alexandria, Va., 22314.

Sources

CFSA Consumer Complaint Form

CFSA: What is an Extended Payment Plan?

eHow Money

Colorado HB 11-1290 may hit the floor for debate this week. (Photo Credit: Public Domain/Colorado General Assembly/Wikipedia)

According to Rep. Larry Liston, R-Colorado Springs, the recently passed Colorado payday lending bill – HB 10-1351, in which the standard two-month payment period for payday loans was replaced by a six-month installment loans term – was toxic to the state’s small consumer loans industry, costing as many as 450 jobs. In order to help bring a measure of equilibrium back to the state economy, Colorado legislators have drawn up HB 11-1290, a bill that would require that customers pay the origination fee on installment loans up front, rather than a pro-rated portion of the fee should the customer pay off the loan early.

Colorado House Bill 11-1290 could hit committee this week

Introduced Friday on the floor of the legislature, Colorado House Bill 11-1290 could be debated as early as this week, reports the Colorado Statesman. The installment loans origination fee of $20 per $100 loaned for the first $300 and $15 per $100 loaned for the next $200 up to a maximum of $500 loaned nets lenders up to $75. In addition, a monthly maintenance of $7.50 per month per $100 and a finance charge of 45 percent can be charged according to Colorado law.

As two-week payday loans can no longer be offered in Colorado, lenders argue that being able to charge a full origination fee as HB 11-1290 stipulates is necessary for survival.

HB 11-1290 sponsors predominantly voted against HB 10-1351

The legislation has 10 co-sponsors in the House, including Rep. Sue Schafer, D-Wheat Ridge, who voted “no” on HB 10-1351, as well as Rep. Ed Casso, D-Commerce City, who favored HB 10-1351. Senate sponsors include other anti-HB-1351 legislators such as Sen. Mary Hodge, D-Brighton, and Sen. Lois Tochtrop, D-Adams County.

Technical correction or incentive to re-borrow?

Supporters of Colorado House Bill 11-1290 maintain that the origination fee change is merely a technical correction to the provisions of last year’s HB 10-1351. Rich Jones of the Bell Policy Center disagrees:

“It’s an incentive for the lenders to get customers to pay off their loans early and then take out more loans,” Jones told the Statesman Friday.

Sources

Colorado House Bill 10-1351 fact sheet

Colorado House Bill 11-1290

Colorado Statesman

‘Steering Colorado’s economy back on course’

Illinois Lending Corp. says the installment loans provisions of the Illinois Payday Loan Reform Act are unconstitutional. (Photo Credit: CC BY-ND/Jamison Faught /Muskogee Politico)

Beginning March 21, Illinois consumers may not have the option to choose installment loans for their emergency short term credit needs. At least one payday lender in the state is not taking what it calls unconstitutional changes lying down, reports Crain’s Chicago Business. Illinois Lending Corp., which operates six Chicago-area payday loans outlets, has filed suit in Cook County Circuit Court, claiming that its business will be irreparably harmed if the slightly longer-termed installment loans are not allowed.

Prohibition of installment loans

Unlike payday loans, installment loans have a slightly longer term, offering consumers repayment flexibility at an additional fee. This applies at the customer’s discretion, should the standard two-week payday loan term be insufficient. According to Illinois Lending Corp., prohibiting installment loans violates the company’s constitutional rights to due process and equal protection.

As it stands, two of the more problematic parts of the new Illinois Payday Loan Reform Act for lending corporations like Illinois Lending Corp. are:

• Borrowers cannot have installment loans for more than 45 days
• A new 56-day repayment period at no additional charge for borrowers who have trouble repaying

While payday lenders are not looking to exploit borrowers who are having difficulty repaying, giving them a 56-day installment loan with no finance charge attached is untenable, says Illinois Lending Corp. The company’s 2010 business records show that it made more than 7,000 installment loans and about 700 payday loans last year.

Eliminating consumer choice

Illinois Lending Corp. is asking the court to block the provision within the Illinois Payday Loan Reform Act that would bar payday lenders and their affiliates from offering installment loans.

“There is no evidence that consumers have been injured where both (installment and payday) loan products are offered in the same place of business,” the lawsuit states.

Consumer advocates want to maintain fragile compromise

Lynda Delaforgue, co-director of Chicago-based consumer advocacy group Citizen Action/Illinois, believes that if the court grants an injunction against any portion of the Illinois Payday Loan Reform Act, the other compromises struck between the short term credit industry and the state will be torn down.

“There’s the potential for consumers to be bounced back and forth between the (consumer installment and payday) products,” Delaforgue told Crain’s.

However, by uniting the products by offering both under the same roof, payday lenders say they’re offering consumers both convenience and choice. The Illinois Payday Loan Reform Act arguably threatens consumers on both grounds. Consumers who have difficulty obtaining emergency short term credit elsewhere depend upon payday loans and installment loans, according to numerous studies.

Sources

Crain’s Chicago Business
Debt Consolidation Care Forum
Illinois Payday Loan Reform Act

Restricting credit hurts consumers and payday lenders

How no credit check installment loans help

A widowed friend of mine had decided to sell her home and buy a new one. It was a great decision for her for many reasons. Her home sold quickly and she found a new one to purchase. Everything was going smoothly, but there was an overlap in moving out of the old home and into the new one, putting her in a position where she needed quick cash to make it through. So she applied for a payday loan and was approved instantly. She received the cash she needed and was able to get through the unfortunate situation effortlessly. What an exciting opportunity it was for her to eliminate the stress by simply applying for quick payday loans!

Getting quick cash can save the day for you, too!

If you are in need of quick cash, like my friend was, you may be able to get out of a tight situation, too. Apply now for no credit check installment loans and get over the tough times in almost no time at all. These online lenders understand that emergencies can happen unexpectedly, and they are always there to help. With some of the best personal loan rates, they can have you out of your current tough situation as fast as my friend was. Apply online and see how easy it is to get no credit check installment loans today.

Apply for no credit check Installment Loans | Start HERE!

How online bad credit loans work

Dealing with bad credit is never fun. Many credit providers are very particular about whom they choose to do business with. Potential clients must have at least a decent credit history just to get through the door. Even then, the process can be a difficult, painful ordeal. Thankfully, however, there really are fast and easy bad credit loans offered directly online.

Personal Money Market can help get you connected with fast online lenders that specialize in bad credit loans. In an average of 2.5 minutes, you can complete the online application form and get an answer almost instantly. Once approved, funds are typically sent out in just a couple of hours, and you don’t even have to go anywhere to get it your money. You can apply from the comfort of your home or office, over the phone or online, and have the money deposited straight to your bank account and ready to use the very same day you apply. We’ll help get you financed, no matter what your credit score may be.

Installment loans for bad credit

Can’t pay off the loan in time? No worries. You can get installment loans for bad credit, instead. Unlike payday loans, these types of bad credit loans offer flexible payment options, meaning you don’t have to pay back the entire loan amount on your next payday. So speak to your lender to ensure a proper payment plan is in place. You can pay off the loan in small increments and allow some room between those tight spots.

Bad credit loans online | Start your application HERE!

How installment loans for bad credit work

Unlike typical payday loans, installment loans for bad credit offer flexibility. They can be paid off in small increments, meaning you don’t have to repay the entire loan amount on your payday. You will, however, need to speak directly with your lender to ensure a proper payment plan is in place. Also, because there are generally no credit checks, bad credit becomes a thing of the past when you apply here for a loan. Anyone with no credit, bad or poor credit and even a bankruptcy can apply. No matter what your credit history entails, we will help you find the lender that’s right for you.

What you need to qualify

You must be a legal U.S. resident, at least 18 years old, currently employed, have an open and active bank account and provide a valid social security number. Meeting all these requirements will significantly improve your chances of getting approved for the cash help you need today.

Fast, easy and convenient

Personal Money Market has built a wide network of reputable online lenders that provide installment loans for bad credit, making getting the help you need — the moment you need it — easier than ever. Within just a few short minutes, you can complete the online application process and get an answer in no time. Our lenders work fast, so there’s no waiting or wondering. Funds are sent straight to your bank account in just two hours of approval, adding more to the convenience of applying for installment loans for bad credit online.

So, what are you waiting for? Don’t let a less-than-stellar credit score keep you from the help you need right now. Go ahead.

Apply for installment loans for bad credit HERE!

Installment loans for your short term needs

In times of short term financial urgency, you can take advantage of the help installment loans have to offer. With these loans, you can get the cash you need today, sometimes just two hours after approval. Furthermore, unlike traditional payday advance loans, short term installment loans provide flexible payment options in case you can’t pay off the loan with your next paycheck. You can take care of short term financial problems the moment they arise, saving you more money and hassle in the end.

Installment loans for bad credit

Are you worried you might not qualify because of bad or poor credit? Worry no more and begin your application right now, as we have many lenders within our network that specifically provide loans for people with bad credit. So whether you are struggling with bad, poor or no credit, you can still get instant approval on the cash you need today.

Short term installment loans are easy to get

Applying is easy. You can complete the loan application form right from the comfort and security of your home or office, directly online or over the phone. The application takes an average of two to five minutes to complete and when submitted, you will get a quick response as to whether you have been approved for short term installment loans online. Upon approval, funds will be transferred straight to your bank account, so you can take care of those unexpected money problems as quickly as possible. It really is that easy.

Apply for short term installment loans | Start HERE

Bad credit installment loans can be much cheaper than bank fees. Image: Thinkstock

When opening my new bank account, I was told, “If there’s not enough money in your account during a debit card transaction, you have two options: One, we can decline your card or two; we can pick up the tab.” The woman’s perky voice and excitement made it seem like no big deal. But I knew about the high fees that would be involved in “picking up the tab” and said, “Let’s just set it to decline.”

Don’t get stuck with overdraft fees

Bankers know there will be times when we need money don’t have it. It can seem as if they’re trying to trick people into paying outlandish fees. In the event of an overdraft, they can charge up to $50 dollars a day until the total amount, including fees, is paid back. I have experienced such a crisis. I hope that my experience can prevent you from falling into such a terrible mess.

Consider an Installment Loan for Bad Credit

When you are in a financial crunch, have you considered looking into a bad credit installment loan? What do you know about bad credit installment loans? So far, we know they’ve got to be better than a $50 a day fee.

This is a common place for people to turn when they need cash fast. You could easily be approved for up to $1,500 in as little as two hours when you apply online today. Regardless of who you are or where you’re from, I’m sure this economy has affected you in some way. For most middle class families, the economy has hit their credit the worst. With bad credit, how can any one expect to get a quality loan when they need it most? Despite what you may think, you may be staring at your answer.

How to Apply for Your Bad Credit Installment Loan

What you’ll need to do is click the, “Apply Now” or “Submit” button below. It will take you to a simple application that takes two to five minutes to complete. You will not be expected to forfeit extensive personal information, nor will you need to worry about us faxing the little information you give. Your credit normally will not be checked, so do not have concern over another inquiry on your credit or FICO score. Once complete, Personal Money Market will begin searching for a lender that can approve you for a quality installment loan. Upon approval, you can have up to $1,500 deposited into your account in as little as two hours.

Installment loans for people with bad credit are here to help you NOW! (Thinkstock)

Just how easy is it to get installment loans for people with bad credit? When I need money now, I want a loan that is simple and uncomplicated. I want a 60-second online loan approval.

What I want with installment loans for people with bad credit:

• I want a quick loan approval; within a minute would be ideal
• I want a simple, uncomplicated application
• I don’t want to fax any documents
• I want to be able to get a loan even if I have no credit, bad credit or a bankruptcy
• I don’t want to worry about a credit check
• I want a secure application
• I want everything to be done online. I don’t want to leave my home or office to apply, to deposit the money or to pay back the loan later
• I really don’t want any more embarrassing phone calls harassing me
• I want loan money deposited in my account fast, preferably in as little as two hours
• I want to be able to get a loan even if I am serving in the U.S. Military
• I want to get a loan of as much as $1,500

So, can you meet these easy requirements?

• Are you over 18 years of age?
• Do you have a job?
• Do you have a checking account?

That’s all there is to installment loans for people with bad credit

That’s really all there is to it. There really are installment loans for people with bad credit. With an easy, secure online application, right from the comfort of your home, you can apply right now. Within minutes, you will know if you are eligible for these loans and if you are, you could have up to $1,500 deposited into your account withing just a couple of hours. No faxing, no credit checks. That’s it! If you are looking for installment loans for people with bad credit like I am, you’ve come to the right place!

For installment loans for people with bad credit, Apply HERE!

"I got a job! I need an installment loan for bad credit to get to work!" (Photo: Thinkstock)

An installment loan for bad credit may be the solution to your problem. This problem is surprising. You would think this is a good thing, not a problem. You lost your job months ago, just like so many people you know. You looked and looked. You struggled with down days and depression. You never dreamed this could happen to you. You nearly gave up. Then, just when you thought it would never happen, you found a new job. And who would have ever dreamed that it would cost money for you to start working?

Can an installment loan for bad credit help you start a new job?

There’s so much more to consider than just heading to work. Sometimes the new job is in a new city, which can be really expensive. You may have moving expenses, which could include a moving truck, a deposit on your new apartment, and even cable and electric deposits. Sometimes it’s simpler but expensive, nonetheless. Sometimes you need new clothes because the clothes you wore at the last job a year and a half ago, just don’t fit, aren’t in style or are the wrong type of clothes. Sometimes you need special work boots or licenses. Sometimes there are books you need to purchase to brush up on old skills or learn new ones. Sometimes the car needs to be fixed before you can even get to the job. Or maybe you need gas money and lunch money until the first check comes.

You need a personal installment loan and you need it fast

You need the money fast so you can get to work and start making money again. You can’t risk losing this job by not having the things you need to get to work. You can apply for these loans for new job expenses right here, right now. The 60-second online application is quick and easy. In most cases, if not all, no credit checks or faxing of documents are required. You can do everything online and — here’s the best part — if you are approved, the money can be deposited right into your own checking account, sometimes within two hours.

You need an installment loan for bad credit so you can get on with it

After all of the turmoil in your life, you are finally on your way to starting your new job and getting your life back. You are looking forward to being able to pay your bills once again. You can’t wait to go back to “normal,” as your life was before the economic crisis hit. One little glitch is the lack of funds now, but if all it takes is an installment loan for bad credit, then there’s nothing else to think about. Click the apply button right here.

For an installment loan for bad credit, apply HERE!

If you need short term installment loans, there is no better way to get them than through Personal Money Market’s vast network of payday lenders. All you need to do is complete a quick online application and we’ll get the process started straight away. There is no waiting or wondering; you get an instant response in just moments of submitting the form.

Getting short term installment loans directly online

Applying for short term installment loans online is one of the most convenient ways of borrowing money. There are no application fees, and you can fill out the application right from the comfort of your home or office in an average of 2.5 minutes. Based on the information you provide us, you will be paired with the lender that best fits your circumstances within seconds of submitting a completed application. Upon approval, cash can be deposited straight to your bank account, usually available in just a couple of hours.

To get your application started right now, scroll down and fill in your information in the short app located below.

Requirements for short term installment loans

To really improve your chances of getting approval today, you must meet a few basic requirements. The focal conditions are listed as follows:

• You are a legal U.S. resident
• At least 18 years old to apply
• Have an open and active bank account
• Employed for the past three months and still working

Payment options

These loans are crafted with installment payment options in case you need more time to pay off the loan. They are known as installment loans because they allow you to divide the full payment up in small amounts that work hand in hand with your budget. There are even installment loans for bad credit available to those struggling with less-than-perfect credit scores. Make sure, however, to speak directly to your loan provider about setting up and validating a proper payment plan.

Get back on track fast

Not only can our short term installment loans provide you with the money you need now, but they can also save you a lot of time and prevent outrageous late fees and/or other penalty charges. If a loan today can save you precious time and more money in the end, begin your application right now and get life back on track as soon as possible.

Apply online for short term installment loans | Start HERE!

Get a no credit check installment loan quickly. (Image:Kripptic/Flickr/CC-BY-SA)

When you are in a financial bind, it can feel like you don’t have many options. If you need money now but will not be able to pay back the full loan on your next payday, a no credit check installment loan may be your best option. As long as you borrow $1,500 or less, you can usually get an installment loan with no credit check, no faxing and in two hours or less.

The requirements of a no credit check installment loan

In order to apply for a no credit check installment loan, you need just a few basic pieces of information. You will need a state-issued identification, an active bank account, a job and a monthly income of $1,000 or more. You do not need access to a fax machine, you do not need to worry about your credit rating and you do not need to wait long. The quick online application usually takes less than three minutes, and your personal information is protected with ultra-strong 128-bit encryption.

Receive your no credit check installment loan today

One of the biggest difficulties of trying to get a traditional installment loan is the long wait and even longer application process. With no credit check installment loans, the money can be directly deposited into your checking or savings account in as little as two hours, and almost always within 24 hours.

Pay back your no credit check installment loan over time

The biggest reason to apply for a no credit check installment loan is the flexibility of the loan. Rather than having to pay the loan back in one large chunk, you can pay the money back over time. When you submit your application, the lender will provide an offer of a repayment schedule. You can then choose to accept or reject the offer — you’re not locked into anything unless you approve the terms and conditions.

The loans are quick and easy to apply for, with typically no credit check, no faxing and terms and conditions that you get to choose. Why wait – you can get your no credit check installment loan today!

No credit check installment loans | Start HERE!

Get bad credit loans online the fast and easy way

Personal Money Market works with many lenders that provide bad credit loans online. Many of the lenders offer the following benefits:

• Quick loan applications
• Loans up to $1,500
• No credit check
• No faxing required
• Fast online approval
• Automatic deposit of funds
• Available cash in just two hours
• Easy payment options

How it works

Once you submit a completed loan application, we will get right to work to find and pair you with the lender that fits you best. It takes only a few seconds to find a lender that’s right for you. Because Personal Money Market works with so many reputable lenders online, your chance of getting approved today increases when you apply here for the loans. Upon approval, funds are typically available to use in just a couple hours, so you can take care of small money problems as quickly as possible. Pay off unexpected bills on time or take advantage of a special money-saving offer at your favorite retailer. However you choose to use the money, though, is really up to you.

Installment loans for bad credit

If you need more time to pay off the loan, you can apply for installment loans for bad credit. With these types of bad credit loans online, you can set up an easy payment plan to pay off the loan overtime in small increments. You are not required to repay the entire loan amount on the initial maturity date with these loans. However, make sure you arrange the repayment plan with your lender directly.

Don’t wait for more problems; don’t risk anymore damage to your credit. You don’t have to let a tarnished credit come between you and the cash help you need today.

Apply for bad credit loans online | Start HERE!

Recent improvements to online installment loans

In the past, you may have considered applying for fast cash by means of an installment loan. At the time you considered it, but credit checks may have been a requirement in order to be approved for an online installment loan. This could easily turn anyone off — knowing that they would most likely be denied due to bad credit, not to mention the damage that too many credit inquiries can do to a person’s FICO score.

Applying for an online installment loan through our website can quickly connect you to a lender that can approve you for an installment loan, without checking your credit or require faxing of any documents. Better yet, all of this can be done online, from the privacy of your own home, office or smartphone. Funds can be directly deposited into your checking or savings account within a couple hours of approval.

Are credit cards a better option than online installment loans?

Credit cards are another option people sometimes turn to in cash crunch situations. But why would a person want to choose an online installment loan over credit cards? For one thing, credit cards can be chalked full of hidden fees and unexpected charges. Credit cards also tend to pile up charge after charge, and they can sometimes have you in debt for years. With an online installment loan, the total cost is laid out in black and white along with a simple payment plan made to fit your financial circumstances.

The payment plan of an online installment loan is a major benefit of getting this type of loan, even over other types of loans. For instance, a payday loan will need to be paid back in full with your next paycheck. However, with an online installment loan, you can make several small payments over several weeks to a couple of months. This will prevent you from having to turn around to get another loan when payday comes rolling around.

How to apply for your online installment loan

At the bottom of this article there is a green “Submit” button. Clicking this button will take you to a simple, secured application for an online installment loan that takes a few minutes, at most, to complete. You don’t have to surrender any extensive personal information to find a lender that can approve online installment loan applications. The funds you need to fix your current financial bind may be just hours away, so start your application now.

Start your online installment loan application HERE!

You can complete the entire loan process right from the comfort of your own home. Check out our free live chat support if you have any questions. The application is quick, simple and 100 percent confidential. Keeping your information secure is one of our top priorities.

Installment loans and other special offers

We work with many lenders that will compete for your business, which provides a greater chance of approval on installment loans, payday loans, personal loans or other forms of cash advances. All of these are available to you through our online service. Simply click “Apply Now” to fill out our non-evasive loan application and you could have the money you need in your account, usually in as little as two hours.

Installment loans for bad credit

One of the main reasons why many people are choosing to apply for a loan through us is because, in most cases, approvals can be made without having your credit checked. This is a huge benefit for anyone applying for installment loans on bad credit. Too many credit inquiries can actually be very damaging to a credit score, which is exactly why most of our lenders require no credit check.

Non-evasive online loan application

Don’t let the troubled economy keep you from prospecting. Take advantage of our online services and apply for installment loans of up to $1,500. Upon approval, you can have the funds deposited straight to your bank account in as little as two hours! It rarely takes anyone longer than four to five minutes to complete the application form. We have so many lenders competing for your business that you are almost sure to get the best loan available, no matter what your credit history entails. The answer to your financial problems is waiting for you — apply now!

Apply for installment loans today | Start HERE!

What are installment loans for bad credit?

Installment loans for bad credit are short term money advances designed to provide quick help for people with bad credit. These loans can easily be obtained online, without the traditional hassles of applying for a loan on tarnished credit. Unlike typical payday loans, these loans do not require you pay back the entire loan amount on your next payday. You have installment payment options to work with. You can apply for up to $1,500 and have funds available in your bank account in as little as two hours, once approved.

The basic requirements

As mentioned above, applying for installment loans for bad credit is a simple process. However, there are a few requirements. But if you meet all the following conditions, your chances of getting a fast approval on a loan today just got better.

• Must be at least 18 years old to apply
• You are a legal U.S. resident
• Employed for the past three months and still active
• Make a minimum $1,000 a month
• Have an active bank account (for fast auto-deposit of funds)
• Provide valid social security number to verify identity

Get a fast response anytime you need it

When life’s unexpected financial trials call for immediate action, having a back-up plan is crucial. Saving money is by far the best way to ensure stability when unforeseen money hurdles spin your way. Sometimes, though, even the best kept budget can fall apart by a single sudden blow. And having a tarnished credit score certainly doesn’t count, considering we live in a credit-driven world. Installment loans for bad credit, however, can provide a fast, short term fix. Begin your application today and take care of money problems as soon as they happen.

Apply for an installment loan today | Start HERE!

The basics of no credit check installment loans

A no credit check installment loan is a personal loan that is deposited directly into your bank account. The application process is quick and often requires no faxing. Unlike a loan from a bank, these lenders typically do not run a credit check. Once your loan is approved and accepted, the money will be deposited straight to your bank account, often within two hours. When the time comes to repay your loan, the money is directly debited from your bank account.

How no credit check installment loans are different

Unlike payday loans or other short-term loans, no credit check installment loans give you flexibility. You can repay the loan in several small chunks over time, as you have the money to do so. You and the lender both agree on the amount and interval of the payments, meaning you will be able to budget. There are no surprises, and the fees are much less than bounced checks or the payday loans offered through some banks.

Protecting your credit rating

No credit check installment loans can also help you protect and rebuild your credit rating. Every time you apply for a credit card or loan that requires a credit check, that is shown on your credit report. Too many of these “hits” on your credit report lowers the score. Missing payments on bills or loans that report to credit agencies can also lower your score. This combination means that it is easy to get stuck between a rock and a hard place. No credit check installment loans, though, circumvent the problem. No credit check means no hit on your credit report, and extra money when you need it can help you make sure your bills get paid on time.

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Get a payday loan and avoid the embarrassment!

There’s nothing wrong with having a little pride, but don’t allow yourself to have so much of it that you shy away from getting the financial help you need. We can help you get an installment loan, a payday loan or a short term personal loan. Take advantage of these financial tools when you need it most and you can avoid major problems — and financial embarrassment!

You have options

Many people choose to get an installment loan, a payday loan or a short term personal loan for short-term financing. All of these options are great, especially during financial emergencies. There is nothing wrong with needing a little help; we all need a helping hand every once in a while. Because of its effectiveness and simplicity, many people have turned to these loans in times of urgent needs. The qualifying process is quick and easy, and there’s generally no credit check or faxing required.

How to get started

Simply start by filling in your information in the short application below. As soon as you submit the application, you should receive a message almost instantly. If accepted, your application will be sent to one of our credible payday lenders online. You can get cash in your hands, deposited straight to your bank account, sometimes in as little as two hours! Applying for an installment loan, payday loan or short term loan has never been so easy!

Start your installment loan application HERE!

The payday loan process at Personal Money store is simple and quick:

• Apply on the secure website in less than three minutes
• Generally no faxing or credit check
• Get a loan application approval in minutes
• Up to $1,500 in as little as two hours
• Short term and installment payday loans available

Payday loans are not reported to credit bureaus, so your credit score won’t be affected. This is a key feature because the more loans that show up on your credit report, the lower your credit score will be.

Is a short term loan or an installment loan the right payday loan for you?

How a short-term loan works:

• The usual payback date on a payday loan is on your next payday

Why choose an installment loan:

• You don’t have to pay off the entire loan balance with your next paycheck
• Payments are stretched out over a period of time
• Make payments each time you get a paycheck over the term of the installment loan
• Many lenders allow you to pay the loan off early if your budget allows it

Get the money you need quickly and easily

An installment loan can help you pay your bills when financial situations leave you in short of money. Furthermore, it can help you maintain a good credit score, since you will be able to avoid late payments by paying your bills on time. A short term loan or an installment loan is priceless in an emergency. When you need just a little extra cash to stay afloat, this type of payday loan is one of the easiest ways to pay unexpected medical bills and car or household expenses fast! Don’t spend another minute stressing over bills you can’t pay. A payday loan is the answer.

Need a short term installment loan? Start HERE!