Frequently Asked Questions
Select a category or view our popular FAQs below.
An installment loan is a longer-term loan that you pay back over time in
mostly equal payments. Installment loan payments can vary – bi-weekly
(every two weeks), semimonthly (twice per month), or monthly – with
terms that can last up to 36 months (depending on state and product). Installment loans are usually considered a more traditional style loan than a payday loan. Read more about installment loans in this LendNation blog.
A title loan is a longer-term loan that lets you borrow money based on
the value of a vehicle with a free and clear title. Title loans are repaid
over time with set scheduled payments. LendNation title loans may
provide you more money, longer terms, lower interest rates, and lower
payments when compared to our other loan options. And you get to keep
driving your vehicle. You may apply for a LendNation title loan with a
variety of vehicles – depending on your state – including cars, trucks,
motorcycles, boats, ATVs, and RVs. For information about the types of
vehicles you may use in your state and to start on your application,
please contact or visit LendNation today.
A payday loan, sometimes called a cash advance, is a small, short-term
loan typically between $100 and $1,000 that is used when you need a
little bit of cash to get to your next payday. You get cash quick, and you’ll
spend the shortest time in a loan. A payday loan is typically due on or
around your next payday. A payday loan is often used to cover small,
often unexpected, expenses. Read more about what payday loans are
used for and how to use a payday loan.
The Annual Percentage Rate (APR) is the cost you pay each year to
borrow money. The APR includes interest and fees and is expressed as a
percentage. Compared to an interest rate, the APR is a broader measure
of the cost to you of borrowing money since it reflects not only the
interest rate but also the fees that you have to pay to get the loan. The
higher the APR, the more you’ll pay over the life of the loan. Contact
your local store to find the payday loan APR for your loan.
If a loan is not paid when due, we may place your loan in default, charge
you a late fee where permitted and where applicable (see your loan
agreement for details), or provide you an option to refinance your loan.
Late or missed payments may negatively impact your credit score or
cause your account to fall into collections. Every attempt will be made to
contact the customer prior to initiating the collections process and
defaulting the loan. LendNation abides by all applicable federal and state
laws in the collection of outstanding loans. We uphold the spirit and
principles of the Fair Debt Collection Practices Act and treat our
customers respectfully in all phases of the credit service process,
We, or your lender when LendNation is not your lender, may agree to
refinance your loan upon request. Loan refinancing options vary by state
and may include additional fees. For specific rules for your state, please
LendNation gets you the cash you need how and when you need it with a
variety of flexible lending solutions online and in-store including title
loans, installment loans and payday loans. Our products are designed to
fit your needs. We understand you may have less-than-perfect credit
and every cash need is unique. That’s why we will work hard to get you
the money you need. Learn more about LendNation.
You can find a LendNation store near you by using our store locator. You
can also use the main menu on our homepage to find your state to
review the products available to you both online and in-store. We have
online lending and store locations available in 12 states.
At LendNation, we understand you may have less-than-perfect credit.
We offer loans that are designed to fit your unique cash needs. People
with all credit types, including bad credit, can apply for a loan at
LendNation. We’re committed to excellent customer service and will
work hard to get you the money you need. Find the lending solution
that’s right for you.
You will need a few documents to apply for a payday loan or installment
loan at LendNation. Just gather these documents and complete our fast
and easy application to apply for a loan today either online or at a
location near you. When you apply online, we’ll tell you if you’re
approved for a LendNation loan and for how much both online and
■ Current government-issued photo ID
■ Verifiable source of income
■ Bank statement from within last 30 days
■ Active checking account
■ Current phone number
To apply for a title loan, you’ll need the documents listed above as
well as a free and clear title on your vehicle. Title loans are
available only at our LendNation stores.
LendNation offers a wide variety of cash loans and money services at
more than 350 locations across 12 states. We also offer online loans that
you can apply for from the comfort of your home. LendNation offers title
loans, installment loans, payday loans, lines of credit, check cashing, online loans, and more. Availability of products, online access, and
other services vary by state. For more information about products and
lending services available to you, select your state, apply online today, or find a LendNation location near you.
Apply online now or find a LendNation store near you! Our process is
fast and easy.
1) Apply online or in-store today. Our loan application is simple, quick,
2) Get a decision. We’ll tell you right away if you’re pre-approved for a
3) Get your cash. You can receive your cash instantly with our instant
debit card funding. Don’t need it instantly? You can get same day
A line of credit is a flexible loan that is a set amount of money you can
access and draw from as needed. Typically, you can withdraw any
amount up to your credit limit. Amounts borrowed, plus interest and
fees, can be repaid immediately or over time on a defined due date.
Unlike installment loans and payday loans, lines of credit are open
ended. That means there are no terms, and you can access the money up
to your credit limit as long as the account remains open. Once the
borrowed amount is paid down, you may withdraw money up to the
credit limit again. Lines of credit are most often used to cover gaps in
income or to cover a project with an unpredictable final price. At
LendNation, you can use your vehicle title as collateral for your line of
credit to get a lower rate.
A cash advance is a small, short-term lending solution typically between
$100 and $1,000 to cover small and often unexpected expenses. Cash
advances are used when you need a little bit of cash to get to your next
payday. You get cash quickly, and you’ll spend the shortest time in a
payday advance. A cash advance is typically due on or around your next
payday. Contact your local LendNation store for lending solutions near you.
LendNation offers a variety of products to get you the cash you need
fast, easy, and all in one place. You can choose from a range of simple,
flexible lending solutions. We have longer service hours than most banks
and can handle most of your cash needs without the hassle. We’re more
than the products and services we offer. We respect our customers and
try to understand their unique situations. We’re committed to giving our
customers the confidence to overcome financial challenges through
convenient cash products and excellent service. It’s what we do. It’s what
you deserve. If you are ready for a loan today – select your state, apply online today, or find a LendNation location near you.
LendNation can help you get the money you need if you have a source of
income, including unemployment benefits. We’re committed to giving
our customers the confidence to overcome financial challenges through
convenient cash products and excellent customer service. Read this blog on what to do after becoming unemployed.
A multi-pay payday loan is a longer-term loan that you pay back over
time in mostly equal payments. Multi-pay payday loan payments can
vary – bi-weekly (every two weeks), semimonthly (twice per month), or
monthly – with terms lasting up to 36 months (depending on the product). Multi-pay payday loans are usually considered a more traditional style loan than a payday loan.
Read more here about the purpose of an installment loan.
Instant debit card funding is a financial service that allows you to receive
funds directly to your debit card within minutes. Instant debit card
funding is a convenient option if you prefer to use a debit card for your
financial transactions. When you apply for a loan using instant funding to
a debit card, we verify your identity and banking information and then
transfer funds directly to your debit card if approved. This can often be
done within minutes, giving you instant access to your money. Apply for instant debit card funding today.
Yes, LendNation may perform a credit check when you apply for a loan or
other financial service online or in-store. This credit check is typically
done to assess your creditworthiness and determine your ability to
repay the loan. The credit check may also affect the interest rate and
terms of the loan you are offered. But here at LendNation, we consider
more than just your credit score when evaluating your loan application.
We also consider your income, employment status, and other factors
that may affect your ability to repay the loan. If you have questions
about the credit check process, contact LendNation today.