Why Choose Long Term Installment Loans with No Credit Check?
f you know a little about the money lending industry, one thing you notice is that more and more financing companies are offering long term installment loans with no credit check. Most of them traditionally have been payday lenders. Why so? Because payday advances are expensive and do not offer a desirable repayment term. Since trusted lenders like CashTodayExpress have started offering long term loans (up to 3 months) with no credit pulling where higher amounts (up to $1,000) can be borrowed easily, debtors are going for easy installment loans where repayment can be made in multiple small fractions. These loans also offer lower rates and, due to longer terms, reduce the chances of any penalty charges. Simultaneously, by making scheduled payments one can improve one's credit status after availing of a personal installment loan.
The Logic Behind Long Term Installment Loans for Bad Credit
You might wonder why we risk funding people without establishing their creditworthiness, even if you are happy that we offer long term installment loans for people with bad credit. In fact, we are not funding anyone blindly. We instead check what matters more, and that is- the present income level. Credit scores may be faulty because of the non-reporting of payments by previous lenders. That is why we do not bother to run through your credit. In such a case having proof of income matters more. Relax; it does not have to be high. Since you can pay off the debt in several installments, your income level can be low- although it has to be stable. Making small payments towards our long term online loans also allows you to save a bit.
Applying for Long Term Installment Loans with No Credit Check from a Direct Lender?
Are you applying for a long term installment loan with no credit check from a direct lender? Here at CashTodayExpress we ask for very minimal information to give you an instant approval which assures fast funding on the same day. Those are-
- Social Security Number
- Valid checking account
- Age proof showing 18 or more
- Income proof
- Contact information
It takes only 3 minutes to apply for a bad credit long term installment loan online from a phone or computer. Apply now Without delay, and we will inject cash into your checking account immediately!