What is an installment loan?
Unlike a typical payday loan, which is repaid all at once, an installment loan is repaid in increments. These increments are usually spaced over several months or years. After each incremental time period, you repay some fraction of the original loan plus interest. This allows borrowers to have more flexibility when deciding how much they will borrow and how long they will take to pay it back. They can decide on a shorter loan term and make larger payments, or spread smaller payments over a longer period of time.
How does it work?
If you're approved for an instllament loan, a store representative will discuss your loan repayment options with you. It's here you will decide what exact dollar amount you want (up to the amount you're approved for), the number of payments and the time frame that works best for you. As a convenience, we'll set you up with automatic payment withdrawal from your bank, but you will always have the option to come into the store and pay as well.
What do I need to apply for a loan?
To apply for a loan you must be over 18 years of age, have a state-issued ID, an open and active checking account (savings account allowed in some states) and a verifiable income. Please call your closest store location for more details.
As a state-licensed, direct installment loan lender we abide by the state’s installment lending laws. We are both state and federally regulated. All services are subject to location participation. To find out what services are available in your area,
find a store near you.