Get Payday Loans With Installment Repayment

23 Feb 2012

Short term loans are very helpful when you need to meet immediate expenses that fall out of your monthly budget. These loans help you deal with emergencies like medical bills, pending bills, holiday expenses and the rest. However, you may think that the repayment tenure on short term loans is too less. Gone are the days when short term loans meant repaying the loan in one shot. Now you can divide your repayment into easy installments that will give you enough time to actually arrange for the money that you need. Read on for more about these hassle free loans.

Payday Installment Loans are short term loans that have the option of weekly or quarterly installments. This facility is great for a middle class household that normally refrains from seeking financial support because of short repayment periods. You can easily get loans from $100-$1500 to suit your needs. These loans have to be repaid in 15-30 days that can be split into easy installment periods. There are few conditions that one needs to fulfil to be eligible for these loans. They are:

    He should be at least 18 years of age.
    He should be a permanent resident of the United States
    He should have a steady job
    He should have an active checking account

With these conditions fulfilled, one can even get loans with a bad credit history. This is because loans like this do not have a credit checks. The application process is very simple as well. All you need to do is fill up an online application form and submit it. The information should be updated so that your application can be reviewed to find suitable deals for you. Once the installment loans have been approved, there are no restrictions on how you use it. So if you are in the need of urgent funds, look no further!

Summary:
 
Payday Installment Loans are specially designed short term loans. The repayment on these loans can be split into easy instalments according to your current situation.

Representative Example:
The Representative APR is 1,737% so if you borrow $100 over 31 days at a rate of 296% p.a. (variable) you will repay $125.