New installment loans by lending companies
With an installment loan, you borrow a specific dollar amount from a lender and then pay the amount back with interest, in a series of monthly payments. Qualifying for an installment loan is a great way to pay for your home, car, even your college course based on your financial situation and overall credit score.

How can one qualify for an installment loan?

• Your credit score, your annual income, and your debt-to-income ratio will help a lender to determine the interest rate or whether you qualify for an installment.

What kind of installment loans are provided by OppLoans and what are their requirements?

• The minimum loan amount provided by OppLoans is $500 and the maximum is $5,000.
• Loan terms go from 9 months to 36 months.
• Turnaround time for OppLoans is 1 business day.
• You need to have a bank with at least a 90-day history.
• Use a direct deposit to receive your salary. This rule is exempted in New Mexico.
• You also need to meet a minimum wage requirement. It can vary between $1,300/- per month to $3,600/- per month depending on the state.
• You need to be in your current employment for at least 3 months.
• Your minimum age should be 18 or above to apply for the loan. The minimum age limit is 19 in Alabama.
• You should not be an active duty service member or dependent on one.

What is the application criteria for installment loans by CashUSA?

• CashUSA provides a minimum loan for $500 and a maximum of $10,000.
• The loan term can range from 90 days to 72 months.
• The turnaround time is usually 1 business day.
• To apply for CashUSA loan you should have a valid checking account.
• A monthly salary of $1,000 or above after taxes.
• Need to be a US citizen or a permanent residence.
• Minimum age limit is 18 years.

What should I know about LendYou installment loans and their criteria?

• LendYou is a loan connection service which is in contact with a number of third-party providers. Once you apply for the loan, LendYou sends your application to its affiliate lenders.
• If a lender thinks you are suitable for the loan, you will receive an offer.
• The applicant’s age should be more than 18 years.
• The applicant should have a checking account in their name and salary should be deposited directly to that account.
• Minimum wage should be at least $1,000 after taxes.
• LendYou also provides minimum restrictions provided you use the loan for legal purposes.
• LendYou provides Unsecured loans, therefore you do not need to provide any collaterals or assets when you apply.

Does SalmDunk provide any installment loans?

• SlamDunk helps you get in contact with a quick cash loan providers.
• Some lenders with SlamDunk will expect high APR’s and fees.
• One of the main benefits of SlamDunk loans is that there is no obligation application. You don’t need to accept the loan if you are unsatisfied with the terms.
• It’s easy to apply for a loan with SlamDunk and its turnaround time is a business day.
• With SlamDunk, you can loan as less as $100 to as much as $2,500.
• SlamDunk’s requirements are that you must be employed, receive regular income, earn at least $800 a month, have a checking account, be 18+ yrs old and a US citizen.

How does BadCreditLoans.com help its customers?

• If you have a bad credit and in need of a loan, then as their name suggests BadCreditLoans.com can help you with it.
• It’s free to apply for a loan from the website.
• If you apply for a loan and don’t like the terms, you can deny the loan.
• If you do get a loan and approve of the terms, BadCreditLoans.com will help you discuss the terms in detail as long as you need.
• You can get as less as $500 to as much as $5,000 with a Term of 3 months to 36 months.