Installment Payday Loans With No Faxing Required
Installment Payday Loans With No Faxing Required

Installment Payday Loans With No Faxing Required

Need A Loan That You Can Pay Back Slowly Every Month?

Already left with no money but payday is still several weeks away? Getting an emergency payday loan can be handy for fixing a short term financial need and if you are short on cash today, why not consider a cash advance by online payday loan providers?  There are a variety of loan instruments that are being offered as non-bank personal loans and while payday loans are one of the most common type, there are other types of unsecured loans which you can apply even if you have very bad credit. To name a few, there are unemployment loans online for people without a job, signature loans with no credit and in this article, we’ll touch on installment payday loans with no faxing required.

What Is A Payday Installment Loan?

Most of us understand payday loans as an unsecured cash advance that you borrow against your future paychecks. These loans have a very short repayment period since most of us are either getting paid on a monthly basis or bi-weekly. Which is to say that if you apply today for an instant 1 hour payday loan for 600 dollars, you need to pay it back within 14 or 30 days. Some people may find a 30 day cash advance loan too short as they fear not being able to repay it in such a short time. Fortunately, with payday loans getting more popular and loan companies expanding to offer other types of loan options for people with adverse credit problems, you can actually get long term installment payday loans with extended payback.

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Long Term Payday Loans With Extended Payback

A payday loan with installment payments offers the borrower the ability to take out a cash advance with no faxing required and pay the money back slowly through monthly installments. For loan tenure ranging between 90 days to 12 months, you can apply for a 6 month payday installment loan with bad credit.

The application requirements will be fairly the same as applying for an overnight cash advance from an online installment loan company. For example, if you need to get a 500 installment loan with 4 months to pay back, you have to provide documentation to verify your employment status, such as your position in the company, length of service and salary earnings, etc.

If you are an existing customer of a payday loan website, you could check with your lenders to see if they offer any long term installment loans with no faxing required. Your current lender already have your personal information and employment status on records and getting a loan without any faxing can be facilitated quickly as they already have your background details. Besides, not many bad credit loan lenders are ready to offer unsecured cash to anyone. If you have already established some form of credit trust with them, your application for an online installment loan with extended payback will also have a higher chance of approval compared to a new borrower with no credit history.

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Apply Online For 500 Installment Loan With No Fax

Interested to get a 500 installment payday loan with low fee? Visit your lenders’ website today to ask for a loan quote or call them directly if they provide the service to apply for an online payday loan by phone with no need to fax. But don’t commit anything when talking to the customer service representative. Find out first what are the loan options available for borrowing cash with bad credit and if they offer any discounts for monthly installment loans with guaranteed cash. Jot down these information and use them to compare with other lending institutions to see if you can get a better offer elsewhere.

It is important that you follow through these steps for finding cheap personal loans as getting cash advances from non-bank loan providers can get expensive if you don’t familiarize yourself with the current rate. It is a thriving business providing small consumer loans to people with credit problems and many new businesses will offer a payday loan coupon or discount code to get you as their customer.  Just like doing comparison shopping, go through some of the reputable lenders that give installment loans with bad credit before you apply them.