Short Term Installment Loans

There are lots of companies offering secured installment loans.What is a secured installment loan? The name implies that you have to pay approximately the same amount of money every month and the money you borrow is secured by this or that asset of yours. As opposed to secured installment loans, short-term installment loans seem to be a real godsend in the time of financial instability, when we run out of cash and there is nobody to ask for help. Unlike traditional lending institutions you might apply for a loan to, short- term installment loans lenders do not require to repay a big sum of money immediately. It is vice versa, on a certain date, which is fixed in your loan agreement, you have to make your payments by installments. Once you have filled your application form out, your request is processed, and, if the decision is positive and you are approved, you can get your money as soon as the next business day. As simple as that.

Online, Quick and Easy

The most important advantage of online short term installment loans is the fact that eligibility requirements are rather simple, you have to meet the following criteria: be currently employed, have an active checking account and submit your social security number. There is no need to deal with a bunch of papers, as all the process is carried out online.

The main policy of ours is to be customer-oriented, which means that we try to provide a short-term installment loan to our clients as quickly as possible. Since it is a short term installment loan, no collateral is required.

The whole process is absolutely hassle-free, there is no red tape at all and you can even apply for a loan from the comfort of your home, online. The money you requested is transferred to your checking account the next business day. There is credit check, no faxing or phone calls. There are higher fees, however, as you borrow the money without any collateral, but they are quite affordable.

What is the mechanism of paying the money back? As it was said above, on a certain date which is fixed in your loan agreement, you have to pay it back. Short-term installment loans are not designed to be extended if you are not able to pay it back on time. The installment payments are affordable and you don’t have to worry that you’ll get trapped in the vicious circle of debt. It looks really attractive, doesn’t it. Take a look at our Testimonials page and you will see a lot of positive feedback from clients.