FAQ Of 3 Month Loan
An installment loan, or 3 month loan, is a good way of borrowing a small amount of cash with a longer repayment period. Instead of paying it all back out of your next paycheck, for instance, you can break it up into installments and pay it back over a 3 month period. Hopefully, the following frequently asked questions will help answer any other questions that you have about how our process ad service works.
How long do I have to pay off the loan?
Although most payday loans are repaid on your next payday, an installment loan can be broken up into several weeks, or even several months. You can still pay back the entire amount sooner, but if you need a longer period of time then you should stick to the repayment plan that the lender sets up for you.
What if I need to extend my payment?
You should speak to your lender about this. Keep in mind, however, that when a loan is rolled over or extended additional fees will apply.
If I am approved for a loan, when can I expect to see my money?
Once you have agreed to the terms and conditions of the loan, you can expect to see your money by the next business day. Sometimes, people will even see their money sooner. However, this will depend on when you apply for the loan.
What if I have poor credit?
Bad credit will generally not stop you from qualifying for one of our loans. Our lenders will usually work with you to make sure that you are eligible for getting the money that you need. We tend to look more at your income than your credit history.
How much money can I get?
This will depend on several factors, with your income being the most significant. You definitely don’t want to borrow more than you can afford to pay back. For the most part, our loans are small amounts that are easily managed and used for small emergencies. You can expect your loan to be less than $1,000.
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