Quick Payment Process
Application takes 7 minutes. Funding to a your debit card is instant. Direct deposit to your bank account same day.
Safe & Secure Process
Full privacy of your data, work with HTTPS protocol and data protection. We use best encryption and security protocols so your data is safe.
No Credit Needed
Unlike most financial institutions, we do not require your credit history information to arrange a loan for you.
Installment Loans with Bad Credit: Apply Online with Filld
Most of us need extra funding at some point in our lives. While some people don’t like the idea of borrowing money, others realize how useful it can be. With the proper information, the chances of getting a good deal are quite high. Typically, it takes only one business day to get an installment loan at Filld. Just make sure that you are well informed about terms before giving your final consent.
What Is an Installment Loan?
Online installment loans have become an effective way of covering personal debts. What’s good is that you don’t have to repay everything at once. Instead, you can split your debt into separate payments over 3, 6, or even 12 months. If you have a chance to pay off the loan earlier, you can do so. The interest rates for the remaining months won’t be imposed.
Why installment loans have become so popular among average Americans? There are more than enough reasons for this to be the case.
- Predictability due to fixed payments
- No entrapment associated with fluctuating interest rates
- Convenience of use and repayment
At Filld.loan, you can borrow from $200 to $5,000. We can’t guarantee you anything before we review your application. Depending on your situation, we can approve the requested loan size or offer you a loan size we can afford to spend on you. Thus, the final decision is based on the risks associated with your candidacy.
Types of Personal Installment Loans
There is a wide range of loan installment options. All of them are intended for different purposes. Here are some of the most common:
- Personal loan is an amount of money to be taken for a short or long period of time. It usually comes unsecured, so you have to go through a credit check to prove your ability to cover a debt on time.
- Mortgage loan is a secured loan taken out to make a serious purchase. In most cases, people take it to buy a house or flat which then serves as collateral. This type of loan must be paid off over a long period of up to 30 years.
- Auto loan is a secured loan taken out to buy a car. Once a deal is finalized, a purchased car serves as collateral. A loan must be paid off within 2-7 years.
Impact of Installment Loans on Your Credit Score
Applying for installment loans online typically requires a hard credit check, which can pull your credit score down. At the same time, it can strengthen your credit if you manage to make a timely payment every month.
In fact, payment records make up 35% of your credit score. A successfully completed repayment scheme can help you develop a positive record. Next time you decide to borrow money from a direct lender, you will be viewed as a more attractive candidate.
The consequences of missed or delayed payments can hurt. A single payment that’s more than one month late can strip 50 or even 100 points off your credit score. When it comes to financial obligations, you should take things seriously.
What to Consider When Getting an Installment Loan from Direct Lenders
Every installment loan comes under the certain terms and conditions. You should mind all of them before putting your electronic signature on the final agreement.
The main thing that often distracts borrowers is an interest rate. Good and bad credit installment loans traditionally have relatively high interest rates. At Filld.loan, we take many factors into account while performing a hard credit inquiry and estimating potential risks. These include a borrower’s credit score, income, current debts, and employment status. It is important for us to know that a borrower can pay every single cent back on time.
No credit check installment loans are not included in our list of lending services. But we do perform a soft credit inquiry for auto and mortgage loan borrowers due to the presence of collateral.
Remember that the borrowed amount of money is fixed. In some cases, it is allowed to refinance a loan to obtain additional funds depending on one’s financial needs. Filld does not have penalties for covering your debt early. So, feel free to take the situation under your control to manage your loan obligations properly.
Applying for Installment Loan with Instant Approval
When it comes to online installment loans with instant approval, your credit score does matter. We don’t want to take more risks than we should. We check your background to estimate your potential of paying our money back.
If your credit score is on the low side, you may find it hardly possible to get approved for an installment loan from a direct lender. This is because lending companies will likely view you as a risky borrower who may get stuck in a debt circle.
Most lending companies accept credit scores above 500. We consider applications with credit scores ranging from 300 to 850. The higher your credit score is, the better your chances of approval. This is true! But we pay attention to many other factors in order to give you a chance to qualify. Even bad credit borrowers can contact us for help. We will be happy to support you in your financial challenges.
Why to Choose Installment Loans from Filld?
FILLD can help find the best installment loans online with no credit check. It won’t take long for us to match your loan inquiry with the loan offer that is most likely suitable for you. Thus, we are known for:
- A wide range of lending services
- Fast and simple application process
- A transparent repayment scheme
- High loan limits (from $200 to $5,000)
- Easy approval upon reasonable eligibility criteria
This way, we have already helped thousands of Americans across the country. Our mission is to empower you to sort out your financial problems by making smarter financial decisions. When we offer you something, we don’t push on you. It is important to research and analyze every single detail. This is why we want you to examine the loan agreement thoroughly. We want you to know what service you get and what term you go under.
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Applying for Installment Loans at Filld.loan
To request personal installment loans from Filld, you don’t have to do something extraordinary. Our entire application is completely online and takes just a few minutes of your time. We do not charge any fees for applying. Whether you are interested in borrowing money for 3 months, 6 months, or one year – we can find the right option for you. With no obligation, no fees, and no impact on your credit score, you can get the necessary funding.
Step 1 – Apply Online
Before asking us for money, you should decide on how much you need and how long for. Once you’ve made up your mind, you just complete an online application form in 2-3 minutes.
Step 2 – Wait for a Decision
Get an instant decision and receive an installment loan for bad credit on the screen. If you are satisfied with our offer, you need to electronically sign our loan agreement.
Step 3 – Obtain the Requested Funds
If approved, you can obtain funds into your bank balance. If you get approval in the evening, you will most likely get your money in the morning. If you manage to apply and get approval by the afternoon, you will get your money by the end of the day.
Personal Eligibility for Installment Loans
Although lending services are meant for different categories of people, they can’t be given out to everyone. Thanks to eligibility criteria, we can sort out the applications at an early stage. Here are some of them meant for installment loans for bad credit holders:
- Be a U.S. citizen or a U.S. resident
- Be over 18 years of age
- Have an active bank balance
- Hold a steady income every month
- Able to afford monthly repayments
- No bankruptcy experienced recently
- Valid contact details for verification purposes
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FAQ
They can be used for everyday emergencies such as car repairs, medical bills, tuition fees, home repairs, and other personal expenses.
Yes, we do. But it depends on which type of installment loan you are interested in. We typically perform no hard credit checks for secured and auto loans.
Yes, they are. They do a great job for financially challenged people. By splitting the repayment into separate parts over a certain period, they can keep their current budget healthy.
Yes, you can. Having several installment loans is not only possible but also quite common. However, you should realize the pressure you put on your current budget.
Filld offers quick and reliable lending services for people in need. The entire process takes place online, from the application to actual funding. Apply today, get an immediate decision, and obtain the money you need.
The monthly installment payments are based on your loan size, fees, and repayment period. You must learn a detailed repayment scheme thoroughly before confirming the final agreement with a lender.
Yes, you can. We offer installment loans for people with bad credit histories. This is a great way to get your finances in order by spreading your repayment over several months.