6 Month Loans with monthly installment from direct lender’s rates are 125% cheaper than traditional payday loan. They offer flexible repayments options for employees with active checking accounts. Simple online approval process. Whether you earn weekly, bi-weekly or monthly. You can get monthly installment payday loans over 6 months accordingly. Once approved, just e sign the agreement and receive the loan within next business day. You can repay within 6 month as there is no prepayment penalties.
Not available in NY, AR, WV, VT, DC
Loan example: For a borrower with bad credit, a $1,000 personal loan with a repayment term of 6 months at 140% APR would carry:
This is good for those looking for monthly repayments. Note: You must be an employee and have active checking account to get 6 month loan.
First, the application and approval process. Once you fill in the online application. You will be contacted by the lender rep to verify your information. Once verification and approval process is over, you will get your fund deposited as soon as the next business day.
Compare the loan amount you request with your monthly income, for example, if your monthly income is $1,000, no lender will approve for $1,000 loan.
Chances of getting loan approval is high if the amount you request is only a half or fraction of your income.
Example $400 to $500 is the maximum amount to request for $1,000 monthly income. Lower the loan amount, higher your chances of getting loan approved.
Direct lender won’t check your credit score with the three major credit reporting bureaus (Equifax, Trans Union, Experian). This is good for those having bad credit that can get personal loans for 6 months no credit check. However, direct lenders do review your information through national databases such as Clarity Services, a bureau that collects information on consumers with low credit scores. Lender also asks your bank statements to get a picture of your cash flow.
Enter your personal, Employment and income details in the safe and secured online application.
Payday installment loan is an alternative to your regular payday loan. You will get 3 set of repayments based on your income.
Please note: There is no prepayment penalties.
Consumers can pay off their loan early without any penalties or fees. If you want to make extra payments, then you can do on your regularly fixed payment dates. This will reduce your total number of payments and potentially lower the overall loan charges paid.
This is your choice, how long you need the loan and payday loan direct lender promotes responsible borrowing.
This payday installment loans online works differently for salaried consumers. Usually, you get cash loan til payday. Here direct lender offer payday installment loans up to 6 months.
If you are an employee with active checking & saving accounts can get qualify easily. As long as you have steady job and regular income to repay your payday loan within 6 months.
Direct lender payday loan will verify your income and debt to income ratio. Make sure you have all the required documents in place like state or driver license id, address proof, SSN, Income proof, and employment details.
6 Month payday loan lender is associated with OLA (online lenders alliance). Which means they do clean and neat business with the borrowers.
You can use 6 month payday installment loan for any purpose.
YourPayday.com are specializes in short term installment loans up to $2,000. It is an alternative to payday loans for customers in need of fast cash to use for various situations like; paying bills, car emergencies, medical expenses, etc.
They are the front-runner in the installment loan industry. YourPayday offers an easy and fast online application process allowing customers to get quick cash for emergency expenses. Returning Customers can get up to $2,000 loans. Direct lenders have flexible repayment terms, as customers can opt to pay off the loan at any time without incurring any early payment fees.