Installment Loans Info Center BLOG

When you face a cash shortage, you usually borrow money, whether from friends, relatives, or even from short-term loan lenders, such as payday installment loans. While financial experts view borrowing money as negative, the famous psychotherapist and author, Dr. Charles Richards views the opposite.

Dr. Richards defines borrowing money and payday installment loans as “an evolutionary process of personal growth and development, and understanding what drives us to take on loans helps create positive responses and a better relationship with …

Loan consumers can now breathe easier because the CFSA or the Community Financial Services Association of America pledges to implement their Best Practices to protect them against predatory lenders.

CFSA firmly believes that payday installment loan transactions should be conducted in a safe and responsible manner. CFSA members are obligated to abide by mandated industry Best Practices that ensure responsible conduct among payday installment loan lenders, protect loan consumers’ rights and encourage self-governance of the payday loan industry.

Best Practices …

Want to enjoy your payday installment loans to the fullest?

Payday installment loans are the best source of quick cash in times of emergency needs. However, sometimes consumers have the urge to become dependent on these loans and may be unable to get out of the cycle of debt.

The Federal Trade Commission recommends ways on how to enjoy payday installment loans and alternative sources of quick cash aside from using payday installment loans. But when it is impossible to …

In times of cash emergencies, payday installment loans are a good source for instant cash. They provide the most accessible and quickest way to get hold of instant cash in times of difficulties and emergencies. The application for payday installment loans is easy especially that lenders now offer online applications. Moreover, no credit checks are performed so people with all types of credit scores can easily qualify.

Payday installment loans are unsecured loans with very affordable repayment terms. They can …

Believe it or not, no matter how much you earn for a living or where you live, there maybe a time that comes when you experience a cash shortage. In fact, cash shortages have been a part of may lives, but one good thing is that there are plenty of lenders who are willing to give out loans.

One of these lenders is a payday installment loan lender. These lenders offer loans in exchange for a portion of your paycheck. …

Many consumers who have bad credit or a low income are turning to these lenders for financial help to bridge cash gaps. One disadvantage of turning to these payday installment loan lenders is you have limited resources for cash and they are the only ones who will loan you money when you need it.

Of course, there are lenders who use predatory practices such as subjecting borrowers to very aggressive sales tactics in order to steer them or coerce them …

Getting a payday installment loan is very easy. Why? Because payday installment loan lenders generally don’t perform a credit check. Also they require loan applicants to fill out all sorts of loan application forms. With payday installment loans, all the collateral you need is proof of steady employment with a net income of not less than $1000 per month.

As mentioned, getting payday installment loans is easy and simple. Since most lenders are available online, you can complete your application …

When caught with various types of emergency financial problems, many people choose payday installment loan lenders online. These lenders can provide quick cash in the most convenient and fastest way possible. With a minimum requirement of an income of $1000 and an active bank account, you can qualify for a payday installment loan.

Just like any loan, payday installment loans have various requirements in order to be approved for the loan. Compared to traditional lenders, the requirements are easy to …

Falling into the debt cycle is sometimes associated with getting a payday installment loan. Many borrowers blame payday installment loans of leading them into a cycle of debt because of the short duration of time for repayment.

Why do borrowers blame lenders, when in fact they are the ones who ask for money to help them with their cash needs? Also, legitimate payday installment loan lenders assess the ability of their borrowers to repay the loan before lending money to …

Many people who are short on cash have been turning to lenders of payday installment loans for financial assistance. However, before applying put things into proper consideration.

According to Matthew Fehling, BBB President and CEO, “Worried about a financial emergency, consumers often fail to take the time to understand how payday installment loans work. Most don’t realize they will not be able to meet the terms of the loan until after they’ve signed the contract, which often leads to a …