If you find yourself in a situation where you need fast cash to cover expenses like a car repair or medical bill, online loans can help. There are a number of online loans with monthly payments that can get you quick funds when you can’t wait long for money. Here’s what you need to know about how online loans with monthly payments work and some options available to you.
Online loans with monthly payments are offered by lenders that operate online. Instead of having to visit a physical location, you can apply for and receive these loans from the comfort of your home. Many online loans come with quick applications and decision processes, so you may be able to receive the funds in your bank account the same day you apply.
Easy application process
The application process for online loans is usually easy. Depending on the lender, you may be able to apply online within a few minutes. You e and address as well as financial details like your monthly income and employment history.
Quick funds
You won’t have to wait long to receive your money. In fact, many lenders will send the funds via direct deposit the same day you apply or within 24 hours. Online loans are a great option if you need cash immediately.
Manageable payments
Since many online loans offer fixed monthly payments, you’ll know exactly how much you owe upfront and be able to budget for them accordingly. You won’t have to worry about variable payments that go up and down, depending on how the market is doing.
You may not need good credit
If you don’t have the best credit, don’t worry. Many online cash loans with monthly payments come with lenient credit requirements, so you may get approved with poor or fair credit.
Get an online loan from Advance America
Advance America offers several online loans including payday loans, installment loans, title loans, and lines of credit. You may apply online or in-store and receive your funds in as little as 24 hours. Best of all, you don’t need good credit to get approved. Visit Advance America today to learn more about the loans we offer.
The Advance America advantage
Since 1997, Advance America has helped millions of hardworking people with a variety of financial solutions including Payday Loans, Online Loans, Installment Loans, Title Loans and Personal Lines of Credit.
Certain limitations apply. Subject to approval. See your local store for more details and additional disclosures. Checks or money orders may be issued instead of cash. Licensed by the California Department of Business Oversight pursuant to the California Deferred Deposit Transaction Law. Licensed by the Delaware State Bank Commissioner to engage in business in Delaware. Delaware Licensed Lender License #s: 6996; 4472; 9644; 4474; 8061; 6971; 7092; 8052; 6076; 7400; 4473; 7556; 010431 and 012075. Rhode Island Licensed Check Casher. In Ohio, loans offered by Advance America Cash Advance Centers of Ohio, Inc., Lic.# ST. 76, main office located at 135 N. Church St., Spartanburg, SC 29306. In Texas, loans arranged with an unaffiliated third-party lender by ACSO of Texas, LP. d/b/a Advance America, a registered credit services organization (“CSO”), and subject to lender’s approval.
*Advance America makes title loan referrals to LoanCenter at no cost to you and does not qualify you for a loan. Loans made by First Electronic Bank, member FDIC, or Wilshire Commercial Capital, LLC. Not available in all states. Loans subject to lender’s approval. In California, loans are made pursuant to a Department of Business Oversight California Finance Lenders License, with a minimum loan amount of $2,510.
Short-term loans are not intended to be long-term financial solutions. Customers with credit difficulties should seek credit counseling. A single payday advance is typically for two to four weeks. However, borrowers often use these loans over a period of months, which can be expensive.
