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Installment Loans

Ever needed quick cash, but didn't necessarily want a payday loan or needed more than what a payday loan offers? Applying and getting an installment loan may be the best option. Especially if you lack good credit.

What are installment loans?

Installments loans are loans that have to be repaid over a period of time vs. repaid all at once.  The repayment schedule can be weekly, biweekly or monthly. This means, the borrower will pay back a portion of the loan the same time of every month or week. Most online installment loans are usually repaid back within 6-24 months, but some lenders allow a 6-60 month term length.

Now that you know the definition, let's talk specifically about “online installment loans.”  Online installment loans usually refer to personal short-term loans that are in the middle of a payday loan and a traditional personal loan.

This is because, compared to payday loans they offer; more money, a longer time period to pay the loan back, and lower APR's. However, they don't always have the same low APR's as traditional personal bank loans or some of the online lenders that cater to borrowers with fair credit and up.

How does it work?

These loans are easier to get compared to traditional personal loans or other online personal loans, which is why so many borrowers use them. PickALoan has listed them online so you can compare and apply.

Once going to the loan website, you'll select your state to see if the loan is offered in your area. If so, you will start an online application to determine your eligibility and rate. Depending on the lender, this part of the application process does not effect your credit score.

If you're determined to be eligible, you have the option to accept your given APR and proceed with the application. At this point, a credit check will be performed, leaving a hard inquiry on your credit report.

Is an installment loan right for you?

This a good option for someone who needs quick cash, has bad, poor credit, or no credit (depending on the lender), and needs more money than what's offered from a payday loan. Additionally, if you don't qualify for traditional bank loans or other low-interest-rate loans from online lenders this would be a suitable option for you. If you can show your ability to repay, your chances of approval or much higher.

If you have a credit score of at least 640, and a low debt-to-income ratio, you have more options to getting a lower APR loan vs. someone who doesn't.

PickALoan has listed installment loans that you can apply for online, with quick approval times.

Pros and Cons

Perfect credit isn't needed

Can receive loan in 1-2 business days

Collateral isn't usually required

No credit is welcomed (depending on lender)

Depending on credit or lender, APR can be high

Some lenders only give two years to repay vs. 5 years

Next: All Personal Loans

Conclusion

It’s important to note that, with some installment loans, your ability to repay is usually more important than your credit. Since credit isn't a main factor, the APR on your loan may be higher than those of traditional or peer-to-peer loans.  In exchange for an increased chance of approval, your loan term may be shorter (six months to two years with some lenders, or 2-5 years with others).

Basically, when seeing the term “installment loan,” it’s noteworthy to assume, the loan has a semi-short term length and slightly higher APR than traditional loan products.

Compare Installment Loans & Apply Online


Advertiser Disclosure

PickALoan is an independent comparison site for loans and credit cards. We receive compensation for certain financial products. This may effect the order in which some products or placed within the pages. All loan/credit card amounts and APR's vary by state, credit and other underwriting factors. We do our best to maintain all information is accurate and up to date. However, we do not guarantee the accuracy of the information or that the loans and/or credit card information won't change, as they're constantly updated. So, check the terms, conditions, APR's and applicable descriptions of each loan/credit card product before applying. Please see Disclosures for further details.

Able
Loan Amount: $1,000 - $1,000,000
APR: 2 - 25%
Term: 1-5 years
Low interest rates
Can receive funds within 30 days
Credit Needed: Excellent: 750+, Good: 700-749, Fair: 650-699, Poor: 600-649, Bad: below 600, No Credit
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  • How it Works
  • Pros & Cons
  • Requirements

Able Small Business Loans

Able combines peer to peer lending and traditional bank lending to get you a low-interest rate business loan. Two different types of loans are offered. The friends and family loan-mostly for start-ups, requiring backers (your friends, family and fans) to invest in your loan and they will be repaid with interest over a set period of time that you choose.

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  • Friends, family and fans can contribute to your loan
  • Some of the loans require backers to fund at least 10% of the loan
  • Operating for at least one year
  • $100,000 in revenue
  • For Growth Loans: Personal credit score of 600 or higher
OppLoans
Loan Amount: $1,000 - $4,000
APR: 99 - 199%
Term: 9-36 months
Receive money as soon as tomorrow
Quick approvals
Improve your credit
Credit Needed: Excellent: 750+, Good: 700-749, Fair: 650-699, Poor: 600-649, Bad: below 600, No Credit
Apply Now

CHECKING YOUR RATE
WON’T AFFECT YOUR CREDIT SCORE

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  • How it Works
  • Pros & Cons
  • Requirements

OppLoans Personal Loans

Personal installment loans are available with OppLoans that are repaid over a 9 to 36 month period but usually repaid over a 18 month period. You start the application by checking your rate using your email address-which doesn't affect your credit score. A decision is made same and if approved, funds can be in your account as soon as the next business day. OppLoans are cheaper than payday loans, auto title loans and in some cases, overdraft bank fees.

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  • OppLoans installment loans are cheaper than payday and auto title loans
  • Cheaper than payday loans but still expensive
    LendUp
    Loan Amount: $100 - $1,000
    APR: 32.02 - 917.17%
    Term: 1-12 months
    Good credit not required
    Instant credit decision
    Credit Needed: Excellent: 750+, Good: 700-749, Fair: 650-699, Poor: 600-649, Bad: below 600, No Credit
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    • How it Works
    • Pros & Cons
    • Requirements

    LendUp Cash Advance and Installment Loans

    You can apply for a personal loan of up to $250. The application takes only a few minutes and the approval decisions are instant. You'll need to start the application with a valid email address. Depending on your state laws and LendUp requirements, you may qualify for a loan up to $1,000 that can be repaid over a one year period. Once your application is approved, you have the option to receive your funds within 15 minutes or next business day depending on you checking account and time of approval. If you qualify for an installment loan of $1,000 your APR will be less than 36% and on-time payments are reported to the major three credit bureaus which can increase your credit score.

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    • Credit-reporting loans may be available to build your credit
    • Installment loan option only available in a few states
    • Address, income ans social security number
    • Checking account that can accept electronic transfers
    LendKey
    Loan Amount: $5,000 - $50,000
    APR: 6 - 12%
    Term: 3-15 yrs
    Home improvement loans for homeowners
    Contractors can offer home improvement loans to potential clients
    Credit Needed: Excellent: 750+, Good: 700-749, Fair: 650-699, Poor: 600-649
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    • How it Works
    • Pros & Cons
    • Requirements

    LendKey Home Improvement Loans

    For homeowners: Applying for a home improvement loan with LendKey is very simple First, you start off by checking your rate. Select the option for home improvement. It takes less than two minutes to see if you qualify by completing the application. You'll be asked information about your primary residence. If you already have a contractor, you'll be asked their company name, address, etc. If you don't already have a contractor, Lendkey has a network of approved contractors you can work with.

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    • The home improvement loan is unsecured (home equity isn't required)
    • Your contractor needs to be approved by LendKey
    • U.S. citizen or permanent resident
    • Provide ownership of the property and certify this is your primary residence
    • Provide proff of income and government issues ID
    SoFi
    Loan Amount: $5,000 - $100,000
    APR: 5.49 - 14.24%
    Term: 3,5, or 7 yrs
    No loan origination fee
    instant pre-approval decision
    Credit Needed: Excellent: 750+, Good: 700-749, Fair: 650-699, No Credit
    Apply Now

    CHECKING YOUR RATE
    WON’T AFFECT YOUR CREDIT SCORE

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    • How it Works
    • Pros & Cons
    • Requirements

    SoFi Personal Loans

    To apply for a loan, first complete a quick, online application. The first step of the application is to pre-qualify you. It takes only 2 minutes to see what SoFi can offer you. If pre-approved, select the loan offer that's best for you and complete the application by signing your documents electronically. The funds will then be wired to your account.

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    • Very low interest rates
    • Unemployment protection
    • Not the easiest loan to get due to unique underwritting process
    • Min score: None
    • Must be U.S. citizen or permanent resident alien
    • Must be employed, have sufficient income from other resources, or offer of employment to start within 90 days
    Upstart
    Loan Amount: $1,000 - $50,000
    APR: 8.69 - 29.99%
    Term: 3 or 5 yrs
    Check your rate in 2 minutes
    No prepayment penalty
    Credit Needed: Excellent: 750+, Good: 700-749, Fair: 650-699, Poor: 600-649, No Credit
    Apply Now

    CHECKING YOUR RATE
    WON’T AFFECT YOUR CREDIT SCORE

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    • How it Works
    • Pros & Cons
    • Requirements

    Upstart Personal Loans

    This application process is simple and fast. First, you check your rate to see loan amount and term options. This is the pre-approval process. You'll be asked some background information such as name, address, date of birth, the highest level of education completed, and income type. Once you've complete this and click, “Agree And See Your Rate,” you will see if you're pre-approved. If approved, you can review and accept your loan. Funds should be deposited into your bank account the next day if application is approved and accepted before 5pm EST, Mon-Fri. If accepted after this time frame, you should receive the funds two business days later. Note: For loans being used for educational purposes, there's an additional three day waiting period.

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    • Education and area of study may qualify you for a lower interest rate
    • Limited credit with sufficient income may be accepted
    • Min credit: 620. No or limited credit may be accepted
    • Must be a U.S. citizen or permanent resident living in the U.S.
    • 18+ yrs old (19+ yrs for Alabama & Nebraska)
    • Valid email account
    • Veriafiable name, date of birth and social secirity number
    • Full or part time job, or full time job offer starting in 6 months or regular source of income
    • perrsonal banking account at U.S. financial institution with routing number
    Best Egg
    Loan Amount: $2,000 - $50,000
    APR: 5.99 - 29.99%
    Term: 3-5 yrs
    Can receive funds next business day
    Low and fixed rates
    Credit Needed: Excellent: 750+, Good: 700-749, Fair: 650-699, Poor: 600-649
    Apply Now

    CHECKING YOUR RATE
    WON’T AFFECT YOUR CREDIT SCORE

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    • How it Works
    • Pros & Cons
    • Requirements

    Best Egg Unsecured Personal Loans

    The application process is fairly simple and quick. If you've received an offer letter, you would start your application by inputting your email and your offer code. If, you haven't received an offer letter, just select “I do not have an offer code.” You will be asked for your email address and begin the pre-qualification process. This takes only a few minutes and does not affect your credit score. After completing the application, you'll select a loan that works best for you-typically, a 3 or 5 year term loan. If approved, and you accept the loan. The soft inquiry will transfer to a hard inquiry and the funds can be deposited into your bank account in as little as one day.

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    • Low interest rates for good credit borrowers
    • Late payment fee is $15
    • Min credit: none, typically good credit
    • Must be US citizen or permanent resident
    • Verifiable bank account
    • Must be 18+ yrs old
    • Must be 19+ yrs old if reside in Alabama or Nebraska
    BlueVine
    Loan Amount: $20,000 - $2,000,000
    APR: 16 - 62%
    Term: 3-6 months
    Draw funds whenever you need
    No paperwork
    Get approved in 24 hours
    Credit Needed: Excellent: 750+, Good: 700-749, Fair: 650-699, Poor: 600-649, Bad: below 600
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    • How it Works
    • Pros & Cons
    • Requirements

    BlueVine Invoice Factoring & Business Line of Credit

    Invoice factoring: The invoice factoring is for businesses who serves other businesses (B2B), or business who serve the government (B2G). Sign up for a free account with Bluevine. You can then upload your invoices to the dashboard (you may also be able to link up your Quick books account if you have one, but that's optional). You decide and select which customer invoices you want to get funded. You'll get a response within 24 hours, if approved, you can receive funding in as little as an hour.

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    • Line of credit available for those not in the B2B industry
    • No contracts or termination fees
    • Invoice software not required
    • Invoice factoring for B2B only
    • Late fee if invoices aren't paid by customer 2 weeks after due date
    • Min Credit: 530 invoice factoring
    • Min Credit: 600 business line of credit
    • Business length: at least 3 months for invoice factoring & 6 months for line of credit
    • at least $10,000 in monthly revenue
    • Social security number
    • Business address & tax id
    • 3 most recent months of bank statement or read only connection to your business bank account
    Can Capital
    Loan Amount: $2,500 - $150,000
    APR: 34 - 171%
    Term: 3-48 months
    Pre-qualify in 10 minutes
    Know upfront your loan amount & cost
    Business Loans & Merchant Cash Available
    Credit Needed: Excellent: 750+, Good: 700-749, Fair: 650-699, Poor: 600-649, Bad: below 600
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    • How it Works
    • Pros & Cons
    • Requirements

    CAN Capital Business Loans & Merchant Cash Advance

    Complete a CAN Capital online application in minutes.  You’ll get a decision if you qualify within 10 minutes, if  so, you'll know how much it will cost you to take out a loan, customize your funding terms and submit documents. If approved, the funds can be receive in as little as 2 days. There are multiple loan products available. Depending on which one you choose and qualify for, you'll have the option to make fixed or flexible payments on a daily or weekly basis.

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    • No personal collateral needed
    • Funds can be received in as little as 2 days
    • No checks needed, payments are automatic
    • Expensive loan product
    • Repayment may be daily for some loans
    • Min credit score: none
    • 2+ months in business
    • $4,500+ monthy gross revenue
    • 3 months of business bank statements
    smartbiz
    Loan Amount: $5,000 - $350,000
    APR: 5.85 - 8.95%
    Term: 10-25 years
    Funded as fast as 7 days
    Upload documents online
    Prequalify in as little as 5 minutes
    Credit Needed: Excellent: 750+, Good: 700-749, Fair: 650-699
    Apply Now

    CHECKING YOUR RATE
    WON’T AFFECT YOUR CREDIT SCORE

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    • How it Works
    • Pros & Cons
    • Requirements

    Smartbiz SBA Loans

    The loans offered are, SBA 7(a) loans for commercial real estate, working capital and debt financing ranging from $30,000 to $5,000,000. Apply online using the Smartbiz automated application process. Basic information about your business is requested You'll be notified within minutes if you pre-qualify. The pre-qualification process does not impact your credit score. After the pre-qualification process, you'll provide financial information about your business and its owners. This is to see if you meet eligibility requirements.

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    • Very low interest rates
    • Quickest SBA loan process
    • 4% referral & packaging fee
    • Min credit score: 600
    • 2+ in business
    • Owner(s) at least 21 years old
    • Owned by a U.S. citizen or legal permanent resident
    • U.S. based business
    OnDeck
    Loan Amount: $5,000 - $500,000
    APR: 13 - 80%
    Term: 3-36 months
    Loan decision made in minutes
    Business Loan & Business Line of credit available
    Credit Needed: Excellent: 750+, Good: 700-749, Fair: 650-699, Poor: 600-649, Bad: below 600
    More
    • How it Works
    • Pros & Cons
    • Requirements

    OnDeck Business Loan

    Apply online in less than 5 minutes using the OnDeck fast application. Your business is evaluated. The system will then determine which loan product is best suitable for your business. If approved,  you'll be notified of a decision within minutes with no obligation.  You can receive funds via direct deposit or wire depending on your product and location. Funding can be as fast as 1 business day. Paying the money back is simple, weekly-fixed payments are automatically deducted from your business account with a loan term anywhere from 3 to 36 months.

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    • Instant decision
    • Cheaper than most merchant cash advances
    • Bad credit ok
    • Refinance option may be available
    • Expnsive loan option (compared to traditional bank loans)
    • Paying off early may not save money
    • Min credit score: 500
    • 1+ year months in business
    • $100,000 annual revenue
    SunWise Capital
    Loan Amount: $10,000 - $2,000,000
    APR: 9 - 99%
    Term: 1-5 years
    Minimal paperwork
    Receive decisions within 2-48 hours
    No assets or collateral required
    Credit Needed: Excellent: 750+, Good: 700-749, Fair: 650-699, Poor: 600-649, Bad: below 600
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    • How it Works
    • Pros & Cons
    • Requirements

    SunWise Capital

    Apply online by completing the one page application at no cost or obligation. Along with the application, you'll need 3 months of your business bank statements and the 1st page of your last business tax return. Decisions are made within 24-48 hours, and you can receive funding in 2-5 days. Depending on your qualifications, daily weekly or monthly payments plans can be offered. Fixed and flexible repayment options are also available. Your loan term could be anywhere from 6 months to 5 years. The average SunWise business owner grows their business by 25% in just six months.

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    • Won’t be turned down because of bad credit (500+)
    • Can be Approved within 24-48 hours
    • For businesses with high revenue
    • Fees aren't as transparent
    • Min credit score: 500
    • 1+ years in business
    • $150,000+ annual revenue or monthly deposits of 18k+ monthly
    Headway Capital
    Loan Amount: $1,000 - $35,000
    APR: 40 - 73%
    Term: 12-24 months
    funds by next business day
    Money whenever you need it
    Applying for funds is quick
    Credit Needed: Excellent: 750+, Good: 700-749, Fair: 650-699, Poor: 600-649, Bad: below 600
    Apply Now

    CHECKING YOUR RATE
    WON’T AFFECT YOUR CREDIT SCORE

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    • How it Works
    • Pros & Cons
    • Requirements

    Headway Capital Line of Credit

    Apply online for a credit limit up to $35,000 and Headway Capital will evaluate your application.  Not-so-perfect-credit won't block your approval because Headway looks at your overall business. If approved, you then borrow from your online account line of credit. You can borrow from your line of credit as often as you like up to your credit limit and receive funds by the next business day.  You choose your repayment schedule of 12, 18 or 24 months.  As you repay the principal balance, that money becomes available for you to draw again.

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    • Can choose to repay weekly or monthly
    • No prepament penalty
    • Interest does not compound
    • could be subjected to 2% fee for line of credit withdraws
    • Min credit score:
    • 1+ years in business
    • $50,000+ annual revenue
    • Must be authorized to take out the loan on your business
    Kabbage
    Loan Amount: $2,000 - $100,000
    APR: 34 - 90%
    Term: 6 or 12 months
    Use anytime
    No Origination fess
    Instant decision based on business data
    Credit Needed: Excellent: 750+, Good: 700-749, Fair: 650-699, Poor: 600-649, Bad: below 600
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    • How it Works
    • Pros & Cons
    • Requirements

    Kabbage Line of Credit

    Any business with a business checking account and/or a PayPal account can apply for a business line of credit at Kabbage. Your business must be at least one year old. First, sign up online to start the application. Once you sign up select the services on the screen you use to run your business (business checking account, PayPal, Intuit, Stripe, etc.). The more accounts you link can possibly increase your loan amount. You will sign into the accounts you use to the link them to Kabbage.  Kabbage can’t see your usernames or password that you link to them.  After you’re done linking accounts, you will be asked some additional questions. Your information will be processed and Kabbage will let you know how much you qualify for in minutes.

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    • Credit score not a major factor
    • No fees or charged until you take the cash or use your available line of credit
    • Draw against your line of credit as often as you want
    • No prepayment penalties (repay early and save)
    • Have only 6 or 12 months to repay the loan
    • Fee structure is a little complicated
    • May be charged additional 1.5% from 3rd party
    • Min credit score:
    • 1+ year in business
    • $50,000+ annualy or $4,200 monthly for the last 3 months
    • Business checking account
    1800FreshStart.com
    Loan Amount: $5,000 - $20,000
    APR: Check Your Rate
    Term: Check Your Term
    Bankruptcy ok
    zero obligations
    All credit situations welcomed
    Credit Needed: Poor: 600-649, Bad: below 600, No Credit
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    • How it Works
    • Pros & Cons
    • Requirements

    1800FreshStart Car Loans

    1800FreshStart is a car dealership/loan matching service not a lender. They send your completed application to a nearby dealership willing to work with you based on your credit. The dealership may run your credit right away to see what you qualify for while other dealers will probably contact you first for confirmation.

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    • Bankruptcy not a problem
    • No fee or obligation expected
    • Limited to their dealers only
    • Min credit score: none
    • Check true eligibilty with 1800FreshStart
    RoadLoans
    Loan Amount: $5,000 - $75,000
    APR: 1.99 - 29.99%
    Term: 36-70 months
    Shop at any franchised car dealership
    Once approved download approval begin car shopping
    Credit Needed: Excellent: 750+, Good: 700-749, Fair: 650-699, Poor: 600-649, Bad: below 600, No Credit
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    • How it Works
    • Pros & Cons
    • Requirements

    RoadLoans Car Loans & Refinancing

    Complete the online application. You'll then receive a loan decision within 30 seconds. If approved, you'll receive multiple offers with competitive rates for a car loan. There's no obligation to accept. Keep in mind, the loan offers are valid for only 30 days. Once you accept the loan, you can download the loan documents and begin car shopping. The pre-approved voucher can be used at any franchised dealership, private seller or a Roadloans approved-network dealership. The voucher can also be used to refinance your existing loan. All of the approved-network dealerships can be viewed on the Roadloans website. However, based on feedback, a few buyers have successfully used these vouchers at Carmax. Note: loans may start at $10,000 in the state of Arizona.

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    • Shop at any franchised dealership, private seller or in-network Roadloans dealerships
    • Offers list preferred in-network dealers
    • No application fees
    • Loan can only be used at franchised dealerships
    • No financing for commercial vehicles, motorcycles or recreational vehicles
    • Min credit score: none
    • Must be 18 yrs of age or older
    • Vehicles to be financed must be 9 years old or newer with less than 120,000 miles
    • Contracts with Santander Consumer USA, Inc. and Chrysler Capital as the current lien holder are ineligible for refinance
    myAutoloan
    Loan Amount: $8,000 - $100,000
    APR: 1.99 - 26.76%
    Term: 36-72 months
    Low Rates available
    can get up to 4 offers
    Get pre-approved or refinance online
    Credit Needed: Excellent: 750+, Good: 700-749, Fair: 650-699, Poor: 600-649, Bad: below 600, No Credit
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    • How it Works
    • Pros & Cons
    • Requirements

    myAutoLoan Car Loans

    Complete the online application. Then MyAutoloan.com will match with up to 4 offers from their lending network, (this can take seconds or up to 24 hours). Once you accept the loan, you can receive an online certification or check within 24 hours. Use the check to purchase the car you want at any franchised dealership, private party sale (individual seller). The check can also be used to refinance your existing loan.

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    • Acceptable at any franchised dealer or private seller
    • Can receive loan status in real time
    • Customer support is somewhat limited
    • Min credit score: none
    • You and/or co-qualifier must be 18+ yrs
    • Minimum income must be $1,800 per month or $21,600 a year
    • No open bankruptcies
    • Vehicle Requirements: 100,000 maximum mileage
    • Vehicle Requirements: 8 years old or newer
    Prosper
    Loan Amount: $2,000 - $35,000
    APR: 5.99 - 36%
    Term: 3 or 5 yrs
    Easy online application
    Low Rates
    No hidden fees
    Credit Needed: Excellent: 750+, Good: 700-749, Fair: 650-699, Poor: 600-649
    Apply Now

    CHECKING YOUR RATE
    WON’T AFFECT YOUR CREDIT SCORE

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    • How it Works
    • Pros & Cons
    • Requirements

    Prosper personal loans

    can be used for personal or business needs. Their platform allows investors to loan money to qualified borrowers which keep the interest rates competitive. Their lending process is very simple.  First, you fill out the online form with some personal information including your social security number to get a custom rate (a soft credit pull is used to determine this custom rate, it won't impact your credit score). You'll receive a rate instantly. This does not guarantee you're approved just yet. To proceed, you have the option of accepting the terms and conditions. If you do, you'll select your loan amount and create a  loan listing on the Prosper website.

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    • Your loan’s interest rates will never change
    • Funds can be used for personal or business expenses
    • Only for borrowers with credit scores of 640+
    • Min credit score: 640 (TransUnion FICO 08 score)
    • Debt-to-income ration below 50%
    • No bankruptcies within the last 12 months
    • Fewer than seven credit bureau inquiries within the last 6 months
    • Minimum of three open trades reported on credit report
    Lending Club
    Loan Amount: $1,000 - $40,000
    APR: 5.99 - 35.89%
    Term: 2,3 or 5 years
    Payments w/no hidden fees
    fixed rates
    Apply online in minutes
    Credit Needed: Excellent: 750+, Good: 700-749, Fair: 650-699, Poor: 600-649
    Apply Now

    CHECKING YOUR RATE
    WON’T AFFECT YOUR CREDIT SCORE

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    • How it Works
    • Pros & Cons
    • Requirements

    Lending Club Personal Loans

    Lending Club's entire loan process is done online. Start by filling out the online application.  If you qualify, you’ll receive multiple loan offers in minutes. Lending Club uses a credit technology to assess the possible risks of your loan and assigns the appropriate interest rates. View the loan options with no impact to your credit score.  Select the loan option that is right for you, and complete the application. Once the loan application is complete and under review, instructions will be sent on how to email required documents to Lending Club.

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    • Fixed monthly payments
    • Prepay anytime with no fees
    • Fast funding directly to your bank account
    • For those with good credit
    • Min credit score: none
    • U.S. permanent resident or valid long-term visa
    • At least 18 yrs old
    • Verifiable bank account
    Avant Credit
    Loan Amount: $1,000 - $35,000
    APR: 9.95 - 35.99%
    Term: 1-5 years
    Build your credit
    Can receive funds next business day
    Credit Needed: Excellent: 750+, Good: 700-749, Fair: 650-699, Poor: 600-649, Bad: below 600, No Credit
    Apply Now

    CHECKING YOUR RATE
    WON’T AFFECT YOUR CREDIT SCORE

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    • How it Works
    • Pros & Cons
    • Requirements

    Avant Personal Loans

    You start by checking if you're pre-approved by completing the first page of the online application. This won’t impact your FICO score. You'll know if you're pre-approved within minutes, if so, and you decide to press continue, the soft inquiry will then transfer to a hard inquiry. When the loan itself is approved, Avant’s secure application will allow you to e-sign your contract online.  Money can then be direct deposited into your bank account as soon as the next business day. Avant considers a lot of factors to receive a loan, including income, credit, repayment history along with state loan limits.  Check your rate for true eligibility.

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    • On-time payments are reported to major credit bureaus
    • No prepayment fees
    • APR’S are slightly higher than traditional banks
    • Min credit score: None 600+ higher chance of approval
    • Check your rate for true eligibility
    NetCredit
    Loan Amount: $1,000 - $10,000
    APR: 34 - 155%
    Term: 6 mos.-5 years
    less-than-perfect credit welcome
    simple interest rates
    Easy online application
    Credit Needed: Good: 700-749, Fair: 650-699, Poor: 600-649, Bad: below 600
    Apply Now

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    WON’T AFFECT YOUR CREDIT SCORE

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    • How it Works
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    NetCredit Personal Loans

    You can now fill out a quick online form (My ScoreSaver), and instantly see what you may qualify for without affecting your credit score. Checking to see what you qualify for will only leave a soft inquiry on your credit report. Just apply online with NetCredit’s easy, secure application. After you submit the application, you will receive an instant decision, the decision comes after step 2 of the application. If pre-approved, you move on to step 3 and select the loan amount that’s right for you. Then you accept your loan agreement . Once the application is approved the money will be deposited into your bank account by the next business day.

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    • No application, early payment or late fees ever
    • Built-in credit builder
    • High interest rates
    • Min credit score: None
    • Check your eligibilty online without affecting your credit score
    OneMain Financial
    Loan Amount: $1,500 - $25,000
    APR: 14 - 36%
    Term: Check Your Term
    Risk free 7-day satisfaction
    money same day if approved by noon
    Easy online application
    Credit Needed: Good: 700-749, Fair: 650-699, Poor: 600-649, Bad: below 600
    Apply Now

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    WON’T AFFECT YOUR CREDIT SCORE

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    • Requirements

    OneMain Financial Personal & Auto Loans

    Quick explanation of application process: Complete the 3-step, online, secure application and get an instant response if you're pre-approved or denied from OneMain Financial.  After you complete the online application, it will be sent to a branch near you. If approved, a qualified loan specialist will contact you to discuss your options as well as verify identity, income, etc.

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    • Instant decision after completing online application
    • Risk free 7 day satisfaction
    • Collateral not required but may be used for lower interest rates
    • Funds can’t be used for business purposes
    • Have to go to a branch to complete application
    • Precomputed interest rate
    • Min credit score: none
    • At least 18 yrs old (19 in AL and NE)
    • Copy of valid government-issued ID
    • Social security card
    • Proof of residence (ID, utillty bill, etc)
    • Proof of income (paycheck stubs or tax returns)
    • Have not filed bankruptcy
    Just Military Loans
    Loan Amount: $1,000 - $15,000
    APR: 14.99 - 35.99%
    Term: 12- 36 months
    15-day satisfaction guarantee
    Bad Credit? Can still qualify
    Funds as soon as tomorrow
    Credit Needed: Excellent: 750+, Good: 700-749, Fair: 650-699, Poor: 600-649, Bad: below 600, No Credit
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    • Requirements

    Just Military Loans

    Complete a simple online application.  Upload your most current LES (Leave and Earnings Statement).  When applying by business hours, you’ll receive a same day approval.  An email will be sent out for the completion of a simple loan contract explaining the loan details and directions for the next steps. Once your application has been completely verified, the funds will be deposited into the personal account you provided.

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    • Same day approvals
    • Can get approved w/ no credit
    • APR's aren't much lower than non-military loan products
    • Min credit needed: none
    • Currently serving in the United States Army, Navy, Marine Corps, Air Force or Coast Guard
    • Active duty, Reserves, Retired Veterans & Family memebers
    • Have at least 9 months active duty remaining
    LightStream
    Loan Amount: $5,000 - $100,000
    APR: 2.29 - 17.49%
    Term: 2-5 years
    3-step online application
    loan that rewards you for having good credit
    money in your account as soon as tomorrow
    Credit Needed: Excellent: 750+, Good: 700-749
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    • Pros & Cons
    • Requirements

    LightStream Loans

    The LightStream application process is supposed to be so easy and simple that they guarantee it, or you’ll receive $100 (after receiving your loan). Just apply online. You will then receive an email within minutes during their normal business hours regarding your loan application. If approved, go online and electronically sign your loan agreement. Provide your information and choose your monthly payment dates. You can get funded as early as today.

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    • Very low interest rates
    • Auto pay discount available
    • Excellent and Good credit required
    • Funds can't be used for business
    • Min credit score: estimated 680
    • Have good or exellent credit
    • Acknowledge receipt of LightStream’s Statement on the Use of Electronic Records
    • Valid Visa or MasterCard credit card (for verification purposes only, no charges will be applied)
    Rise
    Loan Amount: $300 - $5,000
    APR: 36 - 365%
    Term: 4-26 months
    rates decrease over time
    cash as soon as tomorrow
    choose your own terms
    Credit Needed: Fair: 650-699, Poor: 600-649, Bad: below 600, No Credit
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    • Requirements

    Rise Personal installment loans

    Apply online, it only takes a few minutes.  If approved, you can choose your own terms since rise has flexible payment scheduling options.  Funds can show up in your account as soon as the next business day.

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    • Rates can drop by 50% after 24 months of schedules payments (for certain customers)
    • Free TransUnion credit score and free credit alerts
    • Build Credit
    • Expensive loan option
    • Min credit score: None
    • At least 18 years old (19 in AL)
    • Live in a state Rise provides service in
    • Have a regular source of income
    • Have an active and valid checking account (savings and prepaid cards are not accepted)
    • Have an email address to receive account information
    CashNetUSA
    Loan Amount: $100 - $1,000
    APR: 207.81 - 805.28%
    Term: 8- 30 day approx.
    cash by next business day
    receive instant credit decision
    Easy online application
    Credit Needed: Fair: 650-699, Poor: 600-649, Bad: below 600, No Credit
    Apply Now

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    WON’T AFFECT YOUR CREDIT SCORE

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    CashNetUSA Loans

    Apply online by completing the CashNetUSA online application. You’ll receive an instant decision. If approved, you’ll sign your loan agreement online.  After that, you may receive funds the next business day-excluding bank holidays. Loan amounts are usually due within 7-31 days although, some states may allow a loan extension.

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    • Rates and terms are fully transparent
    • Less-than-perfect credit is ok
    • No faxing paperwork-depending on state you reside
    • Expensive loan option
    • Numerous loan extensions can cause possible debt trap
    • Min credit score: none
    • Have an active checking account
    • U.S. citizen or permanent resident
    • Must be at least 18 years old (21 for MS, 19 AL and DE)
    Cash Central
    Loan Amount: $100 - $1,000
    APR: 207.81 - 805.28%
    Term: 8- 30 day approx.
    quck approvals
    loan in 24 hours
    secure reliable and state certified
    Credit Needed: Fair: 650-699, Poor: 600-649, Bad: below 600
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    • How it Works
    • Pros & Cons
    • Requirements

    Cash Central Payday Loans

    Complete Cash Central  3-step, online application. Find out instantly if you’re approved.  If approved by 5pm, you can receive your funds by the next business day, deposited into your bank account.  if you have an eligible Green dot prepaid card, you can receive your funds in minutes, including weekends. Loan amounts are usually due within 7-30 days or your next payday-which should fall within the 7-30 days.

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    • Less-than-perfect credit is ok
    • Know within seconds if you’re approved
    • Funds received in minutes with Green dot prepaid card
    • Expensive loan option
    • Loan extensions may cause debt traps
    • Min credit score: none
    • Source of income, verifiable in states where required
    • Valid checking account in your name
    • Your social security number
    • Over 18 yrs old
    Check Into Cash
    Loan Amount: $100 - $1,000
    APR: 207.81 - 805.28%
    Term: 8- 30 day approx.
    Get approval in seconds
    get cash in as little as 24 hours
    5-minute Application
    Credit Needed: Fair: 650-699, Poor: 600-649, Bad: below 600, No Credit
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    • How it Works
    • Pros & Cons
    • Requirements

    Check Into Cash Loans

    Complete the five-minute online application for Check into Cash. A representative will call you on the phone number you provided on your application as part of the underwriting process to verify some information and complete the loan request. If you're approved, you'll e-sign your application to confirm your funds. You funds are then deposited into your bank account by the next business day (if further verification isn't needed). Loan amounts are usually due within 7-31 days.

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    • Bad credit may be ok
    • Get money in as little as 24 hours
    • Member of CFSA
    • Expensive loan option
    • Loan extenstensions may cause debt traps
    • Min credit score: none
    • Have an active checking account open for at least 90 days
    • Be at least 21 years of age (19 in AL)
    • Be a citizen or permanent resident of the United States
    • Have a current home/cell and work phone number
    • Valid email address
    Ace Cash Express
    Loan Amount: $100 - $1,000
    APR: 207.81 - 805.28%
    Term: 8- 30 day approx.
    can receive cash by next business day
    receive an instant decision
    Easy online application
    Credit Needed: Fair: 650-699, Poor: 600-649, Bad: below 600, No Credit
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    • How it Works
    • Pros & Cons
    • Requirements

    Ace Cash Express Loans

    Fill out the online application, you don’t have to fax anything. Get fast, online instant decision.  Once approved your funds are deposited into your bank  account. Another option is picking up your funds at the nearest Ace Cash Express location. Loan amounts are usually due within 7-31 days.

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    • Rates and terms are fully transparent
    • can return online loan within 72 hours
    • No faxing required (for certain states)
    • Expensive loan option
    • Extensions may cause debt traps
    • Min credit score: none
    • Have an active checking or savings account that has at least been open for one month
    • Must be able to be contacted after work
    • Must be U.S. citizen
    • Must be resident of the state you’re applying the loan for
    • Must be at least 18 years old
    • You must not currently be a debtor in a bankruptcy case or presently intend to file for bankruptcy relief
    Lending Club
    Loan Amount: $5,000 - $300,000
    APR: 8 - 34%
    Term: 1-5 years
    Apply online in 5 minutes
    Fixed monthly payments
    Receive funds within a few days
    Credit Needed: Excellent: 750+, Good: 700-749, Fair: 650-699
    Apply Now

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    WON’T AFFECT YOUR CREDIT SCORE

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    • How it Works
    • Pros & Cons
    • Requirements

    Lending Club Business Loans & Business Line of Credit

    Apply online by completing the pre-qualification application for Lending Club business. After completing the application, you can receive a quote in minutes. This doesn't impact your credit score. If you pre-qualify, you’ll instantly be presented with multiple loan offers. Select the offer that fits your needs and complete the application. Lending Club's underwriting team will review your completed application. Additional documents may be requested such as tax returns, bank statements, etc.

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    • Get all your capital up front
    • Get multiple quotes in under 5 minutes
    • No business plans needed
    • No prepayment penalties
    • For those with fair credit and above
    • Loan origination fee
    • Min credit score:
    • 2 years in business
    • At least $75,000 in annual sales
    • No recent bankruptcies or tax liens
    • You own at least 20% of the business
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