Can I Get an Installment Loan with Poor Credit?
At LendNation, loans are our specialty. People come in needing loans for all sorts of reasons: they’re unable to pay their monthly bills, an emergency hospital bill drains their savings, or an unexpected car repair causes money problems. At LendNation, we specialize in installment loans that offer an easy application process, an instant decision, flexible payments, and terms to fit our customer’s money needs. Here are a few things to know about installment loans and poor credit.
What Is an Installment Loan?
An installment loan is a type of loan in which you borrow money and pay it back in mostly equal payments over time. The payments are predictable, occurring at the same time each month. You can even set your payments to be due on or around your payday. Planning your payments allows you to budget ahead of time.
Installment Loans for Bad Credit
You may be wondering if you’re eligible for an installment loan with your credit history. The good news is that LendNation won’t turn you away just because of a bad credit score. Even if you have less-than-perfect credit, an installment loan could be the right choice for you. We accept all credit types in LendNation stores. If you need help trying to improve your credit score, check out our blog.
All you need to apply for a loan is a US-issued photo ID, proof of income, a bank statement from the last 30 days, an active checking account and a current phone number.
Why Get an Installment Loan?
Installment loans are easily customizable to whatever amount of money you need, from $100 to several thousand dollars depending on the state in which you are applying. Many people choose to use installment loans for bigger ticket items, since they can be for larger amounts of money. You’re free to use the funds wherever you need them most. The terms are flexible, allowing you to choose how long you need to repay the loan and what day your payments are due.
Another advantage is that you can manage the entire loan process from home. That’s right, you can also apply online at Lendnation.com, get approved, and get your cash instantly without coming into a LendNation store.
Get an Installment Loan with LendNation
Having a low credit score doesn’t automatically mean you can’t get approved for a loan. A loan from LendNation can help you take care of your money challenges so you can overcome your financial hurdles quickly. Stop by one of our more than 200 locations or start your online application today to get an installment loan, title loan, payday loan, or cash advance!