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Installment Loans for Bad Credit: Alternatives to Pay Day Loans

Installment Loans for Bad Credit: Alternatives to Pay Day Loans

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Installment loans for bad credit are less dangerous and much more affordable than pay day loans. Some lenders offer installment loans with out a credit check.

An installment loan is that loan that you borrow at one time and repay in fixed payments that are monthly or installments.

For those who have a poor credit history (below 630), loan providers that provide installment loans for bad credit will gather other information — including just how much debt you’ve got, your month-to-month deals and just how much cash you make — to understand your economic behavior and assistance qualify you.