Installment Loans

Decent Essays
Show More
Installment loans are designed to be paid back over the course of several months instead of immediately. Many people decide to get an installment loan if they know they need to borrow a lot of money and need more time paying it back. If you are thinking about getting an installment loan, then there are several things that you will need to know.

What You Need To Know About Installment Loans

There Are A Few Requirements That Must Be Met

You must be at least 18-years-old to apply for an installment loan. You must also have a checking account, social security number and a steady source of income. Once you are approved for the loan, the funds will be directly deposited into your account.

You Do Not Need A Job To Get An Installment Loan

Contrary

Related Documents

  • Improved Essays

    Title Loans In Ponchatoula
    • 699 Words
    • 3 Pages

    Title Loans In Ponchatoula

    If you’ve come to this page, you may be looking for a title loan. The good news is title loans in Ponchatoula are easy to come by when you are dealing with Platinum Lending. In fact, if you don’t mind us saying say, getting a loan against a car from us is as sweet as the strawberries that have made our little town famous. Here’s how Ponchatoula/ Baton Rouge title loans work: You use your car, truck, or motorcycle as the security for your loan.…

    • 699 Words
    • 3 Pages
    Improved Essays
    Read More
  • Decent Essays

    Residential Lending Case Study
    • 57 Words
    • 1 Pages

    Residential Lending Case Study

    Hello Dan, The Departments stance is if the lender is conducting residential lending, and complying with the all Federal loan fee mortgage disclosure requirements. The Lender is in compliance with North Dakota Code 13-05-01-02 Contracts to be in Writing. In such cases the mortgage broker fee disclosure is not required, because the federal disclosures take it’s place.…

    • 57 Words
    • 1 Pages
    Decent Essays
    Read More
  • Improved Essays

    Texas Cash Out Loans: A Case Study
    • 545 Words
    • 3 Pages

    Texas Cash Out Loans: A Case Study

    Texas has very strict requirements when it comes to cash out refinance loans. Texas cash out loans, often referred to as 50(a)(6) loans or home equity loans are only permitted in certain situations. If basic requirements aren't met also, the loan is illegal and therefore won't be allowed to go through. For this reason, individuals need to understand the requirements of this type of loan prior to proceeding. Maximum Loan Limits…

    • 545 Words
    • 3 Pages
    Improved Essays
    Read More
  • Improved Essays

    Student Loan Consolidation Research Paper
    • 504 Words
    • 3 Pages

    Student Loan Consolidation Research Paper

    Financial aid has helped a number of students graduate from college. One form of this aid is student loans. A student may have more then one loan with different lenders. Having more then one loan, each loan having it's own due date to be paid and interest rate. Having more then one loan with different billing cycles and interest rates would be confusing.…

    • 504 Words
    • 3 Pages
    Improved Essays
    Read More
  • Improved Essays

    Persuasive Essay On Payday Loans
    • 646 Words
    • 3 Pages

    Persuasive Essay On Payday Loans

    Have you reached the limit of your credit card? Are you short of cash? Unfortunately, your credit company is not likely to make your credit limit higher and your local bank is not likely to grant you any money. Of course, you can try to turn to your family members or friends for help, but what can you do if they are not able or willing to help you out? Are there any options left for you or are you stuck for good?…

    • 646 Words
    • 3 Pages
    Improved Essays
    Read More
  • Improved Essays

    A Lifetime Of Student Debt? Not Likely By Robin Wilson
    • 763 Words
    • 4 Pages

    A Lifetime Of Student Debt? Not Likely By Robin Wilson

    In this article, A lifetime of student Debt? Not Likely, Robin Wilson argues that student- loan borrowing is threatening the financial future of today’s college students. According, to Michael S. McPherson, an economist and president of the Spencer foundation, students “more often, the problem among students who go heavily into debt is that they are determined to attend their dream college, no matter the cost.” His argument is that students who attend the best colleges will enroll no matter how much the cost will be. For room and board college cost an average of 18,326 a year, but should be less because of financial aid that’s available, but students are borrowing much more like, 40,000.…

    • 763 Words
    • 4 Pages
    Improved Essays
    Read More
  • Decent Essays

    Summary: The Struggle To Pay Back Debt
    • 66 Words
    • 1 Pages

    Summary: The Struggle To Pay Back Debt

    Has one ever seen somebody who is struggling to pay back debt in medical bills?Quite a few people struggle to pay back medical bills. This problem has accumulated over the years”1 in 4 Americans struggle to pay back medical bills”(Anderson1). America’s government should focus on providing everyone with free health care could lead to better health for all Americans,less debt in medical bills,and cureing long lasting diseases.…

    • 66 Words
    • 1 Pages
    Decent Essays
    Read More
  • Great Essays

    The Pros And Cons Of Subsidized Loans
    • 1753 Words
    • 8 Pages
    • 7 Works Cited

    The Pros And Cons Of Subsidized Loans

    There is a limit to the amount that can borrow each year, and that amount varies based on if the student is a dependent or independent. The interests on subsidized loans are paid by the government while students are still enrolled in school. This means the amount that is borrowed, is the amount to be repaid. Interest starts to accumulate after students graduate or drops out and the repayment terms…

    • 1753 Words
    • 8 Pages
    • 7 Works Cited
    Great Essays
    Read More
  • Improved Essays

    Student Loan Research Paper
    • 1107 Words
    • 4 Pages

    Student Loan Research Paper

    You move the money from your bank account over to your credit card and pay off the balance. You then receive your $40 award from the credit card company that you put towards your student loans. Gambling Your Way Out Of Debt You shouldn’t try to gamble your way out of debt because it never works. However, you may like to try investing just a little money into gambling every month and paying the winnings into your student debt. At the end of every month, you take a set amount from your wages and gamble it.…

    • 1107 Words
    • 4 Pages
    Improved Essays
    Read More
  • Improved Essays

    Pros And Cons Of Student Loans
    • 577 Words
    • 3 Pages

    Pros And Cons Of Student Loans

    A student loan is money that is borrowed to pay for college or educational expenses. Although it may seem like taking out a student loan is your only option, I implore you to not choose it. If you commit to a student loan, you are instantly putting yourself in debt and subjecting your newfound independent life to a bad start. Also, by digging that hole of debt and placing yourself in it, you are narrowing down the things you do in the future, especially when it comes to choosing your career. No matter how you try to spin it, taking out student loans is a bad idea.…

    • 577 Words
    • 3 Pages
    Improved Essays
    Read More
  • Improved Essays

    Avoid Student Loans
    • 1026 Words
    • 4 Pages

    Avoid Student Loans

    Avoid Using Student Loan Millennials constantly try to stay on trend. In a high profile nation like America where getting the latest Apple or Android device, or top brand shoes, or new season accessories is typically now common nature, having just a high school certificate is insufficient in keeping up with this trends. Subsequently, college is a means of furthering one’s education, attaining more knowledge and a basis towards securing a career. Nevertheless, the means of realizing a college education are rather tedious. College tuition and fees are huge factor to consider when deciding what college to go.…

    • 1026 Words
    • 4 Pages
    Improved Essays
    Read More
  • Improved Essays

    Student Loans Affecting My Life After College
    • 599 Words
    • 3 Pages

    Student Loans Affecting My Life After College

    Financial Literacy Understanding how student loans will affect your life after college is important as you start your college career. Paying for college can be expensive, there are a few different ways to pay for college if you are not going to be paying for college with private funds, scholarships, grants, federal and private loans can help pay for college expenses. Knowing the difference between each of the payment options and repayment options will allow students to make informed decisions about student loan debt.…

    • 599 Words
    • 3 Pages
    Improved Essays
    Read More
  • Improved Essays

    Student Loans By Robert Applebaum Analysis
    • 816 Words
    • 4 Pages

    Student Loans By Robert Applebaum Analysis

    In the essay “Student Loans: Should some indebtedness be forgiven” by Robert Applebaum, the author argues that, like the essays name indicates, because the financial burden that student loans have become, after some reasonable repayment period, legislation should forgive excessive student loans. Applebaum points out that education should be a right and not a commodity. He points out that Americans are overpaying for their education and that there is no connection between the salary expected to be paid upon graduation and the tuition paid. He supports this statement by bringing to light that every other industrialized country has already figured out how to pay for higher education for its citizens. Furthermore, the author suggests that the student…

    • 816 Words
    • 4 Pages
    Improved Essays
    Read More
  • Improved Essays

    Student Loan Debt: A Case Study
    • 812 Words
    • 4 Pages

    Student Loan Debt: A Case Study

    Problem Over the past few decades, a college education has become more accessible for many students through student loans. Naturally, as the number of students attending college has increased, so has the amount of student loans. Student loans, in and of themselves are not necessarily a problem, so long as indebted students are able to repay them. However, more American college graduates are finishing bachelor’s with excessive student debt for which they are struggling to repay.…

    • 812 Words
    • 4 Pages
    Improved Essays
    Read More
  • Improved Essays

    Credit Score Importance
    • 759 Words
    • 4 Pages

    Credit Score Importance

    Today establishing a good credit score is an important quality for young adults to start and continue to build. Building credit is like a building a foundation for a house. Without a good foundation, the rest of the house will not be able to withstand future destructions. Similar to the foundation of a house, young adults need to build good credit, so it can support their future finances. For young adults seeking to build a good credit, Credit Unions are a helpful resource in providing accessible services for obtaining credit.…

    • 759 Words
    • 4 Pages
    Improved Essays
    Read More

Related Topics

Ready To Get Started?
Discover
Company
Follow
©2024 Cram.com
Privacy Policy |  About Ads |  Site Map |  Advertise  | 
  • Cookie Settings