Installment loans provide an easy way to borrow quick funds you can pay off in small, manageable chunks over a pre-agreed timeframe. Many borrowers prefer installment loans thanks to the stability they provide in fixed monthly payments that don’t change throughout the loan term. Installment loans are less risky and can provide the necessary financing to cover minor or major needs, including emergency expenses and purchasing a car, repairs, home projects, or a deal you can’t miss. Online installment loans are easier to acquire than bank loans, but finding the right lender with flexible terms, competitive APRs, and more accessible qualification requirements can be challenging, which is where loan providers come in!
Loan providers do the legwork for you and offer a free matching service to direct lenders likely to approve your application. You can use them to access multiple options like installment loans for bad credit, installment loans online for all credit types, personal installment loans, installment loans no credit check alternatives, online installment loans instant approval alternatives, and online installment loans bad credit for the self-employed. We’ve got you covered if you’re searching for bad credit installment loans or guaranteed installment loans for bad credit direct lenders only alternatives! Read on to discover our editor’s top picks of the best providers you can use to access options like personal installment loans for bad credit and online installment loans no credit check alternatives from direct lenders.
Best Installment Loans Online Same Day – Quick Overview
- Low Credit Finance: Overall Best Online Installment Loans Up to $5000 for All Credit Types
- Viva Payday Loans: Best for Installment Loans for Bad Credit Borrowers Earning a Steady Income for 3+ Months
- 24M Loans: Best Installment Loans Online up to $50K with 10+ Years to Pay
- Green Dollar Loans: Best Personal Installment Loans Between $100 and $5000 with up to 2 Years to Pay
- Big Buck Loans: Best Installment Loans No Credit Check Alternatives for Self-Employed Individuals and Freelancers
Installment Loans For Bad Credit Online 2023 – Full Reviews
Low Credit Finance: Overall Best Online Installment Loans Up to $5000 for All Credit Types
Quick Ratings
- Decision Speed: 9/10
- Loan Amount Offering: 8/10
- Variety of Products: 9/10
- Acceptance Rate: 9/10
- Customer Support: 9/10
If you’re constantly getting turned down because of your credit status, Low Credit Finance can help you out. It features a fast and easy process that connects you to specialized lenders offering online installment loans up to $5000 for all credit types. You can access great options with good, low, or non-existent credit by completing an online application form.
Lenders at Low Credit Finance focus on your eligibility and affordability instead of your credit issues and offer quick lending decisions with fast payouts. Lenders also offer smaller amounts from $100 and allow you to repay in 3 to 24 months.
Highlights of Online Installment Loans Up to $5000 for All Credit Types
- A fast and easy online process
- Free access to specialized lenders
- Borrow money with good, low, or non-existent credit
- Quick lending decisions
- Fast payouts
Eligibility Criteria for Online Installment Loans Up to $5000 for All Credit Types
- 18+ years
- Government-issued ID
- US citizenship
Fees on Online Installment Loans Up to $5000 for All Credit Types
- Late payment fee
- 5.99% to 35.99% APR
>> Click Here to Request Installment Loans Online Today! >>
Viva Payday Loans: Best for Installment Loans for Bad Credit Borrowers Earning a Steady Income for 3+ Months
Quick Ratings
- Decision Speed: 8/10
- Loan Amount Offering: 9/10
- Variety of Products: 9/10
- Acceptance Rate: 9/10
- Customer Support: 8/10
With Viva Payday Loans, bad credit is only a hiccup when looking for quick funds. It partners with top lenders offering installment loans for bad credit borrowers earning a steady income for 3+ months, and you can access them through a smooth online process that only takes minutes to complete.
Simply fill in your details on an online form, and you can borrow affordable amounts from $100 to $5000 from direct lenders who don’t discriminate against borrowers because of bad credit. All that matters is your affordability, and you’ll love the quick responses, swift disbursements, and easy repayment terms from 3 to 24 months.
Highlights of Installment Loans for Bad Credit Borrowers Earning a Steady Income for 3+ Months
- Smooth online process
- Affordable amounts
- Quick responses
- Swift disbursements
- Easy repayments
Eligibility Criteria for Installment Loans for Bad Credit Borrowers Earning a Steady Income for 3+ Months
- At least 18 years of age
- Proof of steady income for 3+ months
- Active US bank account
Fees on Installment Loans for Bad Credit Borrowers Earning a Steady Income for 3+ Months
- APR from 5.99% to 35.99%
- Missed payment penalty
>> Click Here to Request Installment Loans Online Today! >>
24M Loans: Best Installment Loans Online up to $50K with 10+ Years to Pay
Quick Ratings
- Decision Speed: 8/10
- Loan Amount Offering: 8/10
- Variety of Products: 9/10
- Acceptance Rate: 8/10
- Customer Support: 8/10
24M Loans is an excellent choice when you need substantial amounts for large projects. It provides a hassle-free approach to large financing by quickly connecting you to lenders offering installment loans online up to $50k with 10+ years to pay through a straightforward process.
You’ll get access to a lender likely to approve your application in record time by submitting an online application, provided you can afford repayments. Lenders at 24M Loans consider all credit scores and offer flexible terms with long repayment periods that make it easy to pay off high amounts.
Highlights of Installment Loans Online up to $50K with 10+ Years to Pay
- Substantial amounts
- Hassle-free loan process
- All credit scores considered
- Flexible terms
- Long repayment periods
Eligibility Requirements for Installment Loans Online up to $50K with 10+ Years to Pay
- Minimum age of 18 years
- Proof of ID and address
- Pass the affordability assessment
Fees on Installment Loans Online up to $50K with 10+ Years to Pay
- Late payment penalty
- 5.99% to 35.99% APR
>> Click Here to Request Installment Loans Online Today! >>
Green Dollar Loans: Best Personal Installment Loans Between $100 and $5000 with up to 2 Years to Pay
Quick Ratings
- Decision Speed: 8/10
- Loan Amount Offering: 8/10
- Variety of Products: 8/10
- Acceptance Rate: 8/10
- Customer Support: 7/10
Green Dollar Loans is a pioneer in convenient borrowing thanks to its streamlined online process. It makes it easy to apply for and borrow some of the best personal installment loans between $100 and $5000 with up to 2 years to pay. You don’t have to worry about physical paperwork, endless calls, or looking for physical storefronts when you need to borrow money.
Simply fill in an online form, and you’ll get feedback in 2 minutes from direct lenders offering small to medium-sized amounts. Lenders at Green Dollar Loans welcome all eligible borrowers regardless of credit score or income level and can tailor the loan to suit your budget.
Highlights of Personal Installment Loans Between $100 and $5000 via Green Dollar Loans
- Convenient borrowing
- Zero physical paperwork
- 2-minute feedback
- Small to medium-sized amounts
- Tailored terms
Eligibility Requirements for Personal Installment Loans Between $100 and $5000 with up to 2 Years to Pay
- Above 8 years of age
- Steady income for 3+ months
- Legal US citizen
Fees on Personal Installment Loans Between $100 and $5000 with up to 2 Years to Pay
- APR from 5.99% to 35.99%
- Missed payment fee
>> Click Here to Request Installment Loans Online Today! >>
Big Buck Loans: Best Installment Loans No Credit Check Alternatives for Self-Employed Individuals and Freelancers
Quick Ratings
- Decision Speed: 7/10
- Loan Amount Offering: 8/10
- Variety of Products: 7/10
- Acceptance Rate: 7/10
- Customer Support: 7/10
Big Buck Loans is all about inclusive lending and partners with lenders offering some of the best installment loans no credit check alternatives for self-employed individuals and freelancers. The platform is known for helping retired borrowers, freelancers, contractors, self-employed, and part-time workers access funding through simple steps.
You only need an alternate income source and prove affordability to borrow from $100 to $5000 from lenders who consider all types of income and credit scores. The lenders offer quick turnarounds and fast payouts and allow you to make flexible repayments in 3 to 24 months.
Highlights of Installment Loans No Credit Check Alternatives for Self-Employed Individuals and Freelancers
- Inclusive lending
- All income types considered
- Quick turnarounds
- Borrow money without a payslip
- Flexible repayments
Eligibility Criteria for Installment Loans No Credit Check Alternatives via Big Buck Loans
- 18+ years of age
- Proof of steady income for 3+ months
- Active US bank account
Fees on Installment Loans No Credit Check Alternatives for Self-Employed Individuals and Freelancers
- Late payment penalty
- APR from 5.99% to 35.99%
>> Click Here to Request Installment Loans Online Today! >>
How Did We Choose the Best Providers of Online Installment Loans Instant Approval?
When comparing options, we selected loan finders offering online installment loans instant approval alternatives and meet the following criteria:
- Easy qualification requirements
- Flexible amounts and repayments
- Inclusive lending for bad credit and self-employed borrowers
- Reasonable APR that doesn’t exceed 35.99%
- Quick payouts
Types of Online Installment Loans Instant Approval Alternatives
Online Installment Loans Instant Approval Alternatives for Bad Credit Borrowers
Online installment loans instant approval alternatives for bad credit borrowers allow you to borrow from $100 to $5000 with low or non-existent credit.
Online Installment Loans Bad Credit for Students
Online installment loans bad credit for students feature inclusive terms and can help you access high amounts for further studies and repay over an extended period.
Online Installment Loans for Unemployed Individuals
Online installment loans for unemployed individuals are suitable if you don’t have a formal job but have an alternate income source. Alternate income sources include pensions, disability benefits, child support, trust proceeds, rental income, or dividends. If you are in the United States, you can activate USA network.
Emergency Bad Credit Installment Loans
Emergency bad credit installment loans are suitable when you need to borrow quick funds for urgent needs without worrying about your credit score. They feature rapid application processes with fast lending decisions and swift disbursements.
Features and Factors of Bad Credit Installment Loans
Guaranteed Installment Loans for Bad Credit Direct Lenders Only
With alternatives to guaranteed installment loans for bad credit direct lenders only, you agree and make the deal directly with the lender, and no middle parties or brokers are involved.
Amounts and Terms for Guaranteed Installment Loans for Bad Credit Direct Lenders Only
Alternatives to guaranteed installment loans for bad credit direct lenders only allow you to borrow from $100 to $5000 and repay in 3 to 24 months.
Flexible Repayment Schedules on Personal Installment Loans for Bad Credit
Depending on your preferences or when you receive your income, you can repay personal installment loans for bad credit in flexible weekly, fortnightly, or monthly schedules.
Personal Installment Loans for Bad Credit APRs
You can expect an APR from 5.99% to 35.99% for personal installment loans for bad credit.
Top 5 Online Installment Loans No Credit Check & Bad Credit (2023)
| Best Providers of Online Installment Loans | Pros | Cons |
| Low Credit Finance | A fast and easy online processFree access to specialized lendersBorrow money with good, low, or non-existent creditQuick lending decisions Fast payouts | Costly |
| Viva Payday Loans | Smooth online processAffordable amountsQuick responsesSwift disbursementsEasy repayments | Pricey APRs |
| 24M Loans | Substantial amountsHassle-free loan processAll credit scores consideredFlexible termsLong repayment periods | Expensive fees |
| Green Dollar Loans | Convenient borrowingZero physical paperwork2-minute feedbackSmall to medium-sized amountsTailored terms | Costly |
| Big Buck Loans | Inclusive lendingAll income types consideredQuick turnaroundsBorrow money without a payslipFlexible repayments | High APR |
How to Apply for Online Installment Loans No Credit Check Alternatives
Follow these simple steps on the Low Credit Finance platform:
Step 1: Select the Online Installment Loans No Credit Check Alternatives Amount Required
Choose the amount you wish to borrow on the homepage and how long you need to repay. Lenders offer amounts from $100 to $5000 with 3 to 24 months of repayment periods.
Step 2: Complete the Online Installment Loans No Credit Check Alternatives Application Form
Spend a few minutes accurately filling in the online application form with your personal, employment, income, and expenditure details to help lenders verify that you qualify for the loan, then hit the submit button.
Step 3: Receive Speedy Feedback on Bad Credit Installment Loans Guaranteed Approval Alternatives
You’ll get feedback within 2 minutes after submitting the completed application form. If a lender accepts your request, they’ll reach out and send you a loan contract if everything is in order. Read it carefully, then sign and return it.
Step 4: Get Your Direct Deposit on Bad Credit Installment Loans Guaranteed Approval Alternatives
The lender will send the approved amount directly to your account as soon as possible.
FAQ’s
Can I Get No Credit Check Installment Loans?
No. No credit check installment loans don’t exist because all licensed lenders must check your credit score to comply with regulations and responsible lending requirements. If you’re worried about your credit status affecting your application, don’t be. You can still access alternatives to no credit check installment loans for bad credit borrowers
Do I Need Security for Installment Loans Bad Credit?
No. Most installment loans bad credit are unsecured, meaning you don’t need to provide any of your assets as collateral for the loan. You face less risk because none of your assets can be repossessed to recover the loan.
Who Do I Contact with Questions on My Bad Credit Personal Installment Loans?
The agreement is between you and the lender, so you must contact them directly if you have any questions about your loan contract. The lenders readily share their contact information, provide excellent customer support, and will tell you the fastest way to reach them.
Is Approval of Instant Funding Installment Loans Alternatives Guaranteed?
No. Approval is not guaranteed because each borrower is different, and you must meet the eligibility criteria and prove affordability. However, you can improve your chances by choosing an amount you can realistically afford, providing accurate information in your application, reducing your monthly expenses before applying, or incorporating a guarantor.
How Do I Prove Income for Installment Loans when Self-employed?
Instead of pay slips or stubs, you can present other documents that lenders consider acceptable income proof. These include bank statements from the previous three months, annual tax returns, or official profit and loss statements.
What APR will I Get with Installment Loans?
You can expect an APR from 5.99% to 35.99%. The lender will set the APR based on factors like your credit score, the loan amount, and the term.
How Much Are the Loan Installments?
The loan installments amount will depend on how much you borrow, the loan term, and the APR you get. Generally, the longer the repayment period, the lower the installment payment.
Top US Installment Loans For Bad Credit 2023
Conclusion
Installment loans are less risky and easier to manage since you know how much you owe monthly. You can access some of the best installment loans by applying through Low Credit Finance. The platform offers a convenient online process that gives you access to direct lenders who consider all credit types and offer fast approvals, quick payouts, and flexible repayment terms. Apply today and borrow from $100 to $5000 from the comfort of your home!
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Disclaimer: The loan websites reviewed are loan-matching services, not direct lenders, therefore, do not have direct involvement in the acceptance of your loan request. Requesting a loan with the websites does not guarantee any acceptance of a loan. This article does not provide financial advice. Please seek help from a financial advisor if you need financial assistance. Loans available to US residents only.