subject: Installment Loans For Bad Credit- A Loan That Is Specially Crafted For You [print this page] Do you think it is really cumbersome to get the short term loans due to its instant repayment? Therefore US lenders have crafted a special scheme with easy repayment process. And this scheme is installment loans for bad credit. The beauty of this scheme is no credit check process. Whatever is your past credit profile, you will get the approval irrespective of this. You just need to fulfill some fundamental conditions of lenders and cash can be in bank account in just 24 hours. These conditions are like this:
Your must have crossed 18 years of your life.
You must be living in US at least from 5 years.
You must have a stable job at least from last 90 days and this job must ensure you a good salary. You can say at least $1000.
You must have a valid bank account and this account should be in working condition.
Installment loans for bad credit give you an easy way to repay the loan amount in installments. One can choose the number of installments according to his/her financial condition. But keep one thing in mind more the number of instatements, more the interest will be charged. So always try to pay back in small number of installments.
This scheme gives an opportunity to you to build up your credit score with timely payments. This short term scheme can gives you cash in the range of $100-$1500. You can easily apply for this scheme just by making a simple online application form. This application form can be filled in just 5-10 minutes. It would be better to place anything costly as collateral, as this will help you to get the fund with minimal interest. But if in any case you can not arrange collateral then you can apply for unsecured scheme. For this you have to pay a high interest.
