What is an Installment loan?An Installment Loan is a personal loan that is repaid over the course of 24 to 42 months. Unlike a car title loan, no collateral is necessary and the loan approval is based on income, credit history, and a number of other factors.
What do I need to be able to apply for an installment loan?
- Open and active checking account
- Verifiable, steady source of income (i.e. paystub)
- Valid government-issued ID (i.e. Driver’s License)
- At least 18 years old