How To Request Installment Loans With ExtLoans
Finding a loan that suits your individual situation is a daunting process, especially if you need more than $1,000 and have a less than perfect credit history.
ExtLoans.com helps you quickly connect with reputable lenders, ensuring everyone has the opportunity to find an online installment loan that best fits their needs, with fair amounts between $1,000 and $5,000.
Our cutting-edge loan matching service cuts out the queues and taps you into a large network of lenders with one simple online form. What's more, if you're matched and approved you could see the funds in your account in as fast as one business day!
Let's take a closer look.
Easily Handle Large Expenses with up to 36 Months Breathing Room
Facing car or home repairs, medical bills or other unforeseen expenses? Or perhaps you have your heart set on a particularly large purchase? We can help whatever the situation.
What makes a loan work best is striking a balance between the amount borrowed and the time you have to repay it. Borrow too much over a period that's too short and you could struggle to make repayments, but borrow for too long and you could end up paying a needless amount of interest.
Our lenders offer loans between $1,000 and $5,000 (perfect for big expenses) and these are repaid in equal long term installments of up to 36 months – That's enough breathing room regardless of your individual situation.
And it's super easy to apply ...
Reduce Stress and Time with Simple Online Matching and Application Process
At ExtLoans.com we are not a lender ourselves; instead, we take the hassle out of applying individually by tapping you into a network of legitimate online lenders who provide online installment loans.
It's all done via our simple loan matching form.
This means no queues at the bank, no piles of physical paperwork, and no waiting around for days for everything to be finalized.
Just let us know how much you need, your contact details and an overview of your financial situation, and we'll pass your details through the system in an attempt to match you with one of the multiple lenders. This can take just minutes!
If matched it is up to you whether to proceed with completing the lender's online application.
In most cases, those approved by a lender can expect to see the loan in their designated bank account on the next business day, which is ideal if you're in a financial emergency and need cash quick.
Poor Credit Applicants Welcome: Rebuild Credit Today
There's nothing more stressful than being in desperate need of cash and getting rejected by the bank or another lender because your credit score doesn't meet their tough criteria.
Good News: The lenders in our network believe everyone deserves fair access to loans, which is why you will not be automatically rejected if you have bad credit. That doesn't mean you're guaranteed approval, but many factors go into determining whether you'll get a loan – not just past mistakes.
Lenders take into account your income (ideally more than $1,000 a month), employment status, the amount you wish to borrow, and other points of personal data you supply during the application. Only after this is assessed will they make a final decision.
So what do you have to lose?
Furthermore, obtaining an installment loan is a great way to rebuild credit, so long as you meet the monthly repayments and keep to the other terms. Over the duration of the loan you will prove to other lenders that you can meet your obligations and are a trustworthy borrower.
This makes obtaining future credit easier!
"Ok, but what makes ExtLoans.com so special? I've read that you can get installment loans with no credit check and instant approval."
Warning: This isn't strictly true...
No False Promises with ExtLoans
Beware, some unscrupulous loan matching sites and online lenders use enticing language and promises such as guaranteed and instant approval, and no credit checks.
This just isn't feasible for legitimate lenders and could mean these sites are lying or cutting corners that put both parties at risk.
The lenders in our network use modern technology to quickly assess your application online and will approve you as fast as possible – often in just minutes. However, they will still perform some kind of credit check as part of the approval process and to help formulate a loan offer that suits you best.
Who wants to lend or borrow money that cannot realistically be paid back? We want to help, not hinder!
Our lenders also adhere to all federal and state regulations regarding installment loans, which means you will be given a full copy of the loan terms (i.e. the repayment schedule, interest rates, possible additional fees, renewal policies etc), prior to signing the agreement.
We want you to be as informed as possible before taking on any financial obligation. Check out our How It Works page to learn more about the process.
What's more, if you sign for a lender's loan through our service you could see the money in your designated bank account within one business day, so make sure to apply during the working week. Applying on a Friday will usually mean the deposit is held off until the following Monday. Remember to take bank holidays and other potential delays into account as well.
Non-Payment Is Still Serious For Online Loans
Note: Just because we provide a fast and easy online service doesn't mean borrowing from lenders in our network is any less important than elsewhere.
All installment loans are regulated in the same way as loans from banks and storefront lenders, and failure to make the agreed repayments comes with various repercussions. It is therefore important to fully digest the loan offer and its terms before digitally signing the agreement.
If you default on the loan you could be faced with additional fees and collection actions, such as emails, letters, phone calls and doorstep visits to recover what is owed. This will also have a negative impact on your credit score, making it more difficult to obtain credit in the future.
Remember, you are under no obligation to sign for a loan even if you have been approved. Until your signature is submitted you can simply close your browser and walk away, and you're free to re-apply at any time in the future – (this may leave a soft search on your credit report, however).
The total amount you can be charged with interest and additional fees and a lender's extension and renewal policies might vary from state to state. Be sure to check with the individual lender before signing the contract.
Easy Eligibility Checklist
All that's required before you use our loan request form is that you are a legal US resident, over the age of 18 years old. You will also need to have a stable income of at least $1,000 a month and a bank account where your loan can be promptly deposited.