Looking for installment loan soft credit check direct lenders only? Search bad credit loans with Find Me A Loan Today and borrow up to $5000.
If you need a personal loan because an unexpected expense has cropped up, such as needing urgent car repairs, it can be more difficult to borrow money with a low credit score. A lot of people start looking for things like “long term installment loans soft credit check direct lenders” as they’re worried that they will be unable to take out a credit check loan.
But even if you’re looking for installment loans with bad credit, direct lenders will take into account more than just your credit history. Find Me A Loan Today can help you find installment loans, even if you’ve been turned down by other direct lenders. You can find installment loans for bad credit loans and other types of short term credit of up to $5,000 by using our services!
Unlike a payday loan, where you’d repay in full when you next receive your paycheck, an installment loan allows you to make monthly payments. As you can repay over months or years, a long term installment loan also tends to be for a larger amount - a mortgage is a common example of an installment loan. Find Me A Loan Today can help you find a cash advance installment loan with loan amounts of between $100 and $5000.
As all the direct lenders we work with allow you to request a loan online, you don’t need to leave the comfort of your home either. With a bank loan, you often have to go to your local branch and could be waiting for ages to speak with someone, let alone get a decision. Bad credit installment loans on the other hand allow you to request loans online, from any device, and get a decision in minutes.
To request cash loans with Find Me A Loan Today, you’ll need to be aged 18 or over, a US resident, and have a full time or part time job. You’ll also need to have an active checking account for the funds to be paid into.
Before discussing credit checks, it’s important to first understand what your credit report actually is. This contains various information about your credit history, such as any loans or credit cards you have taken out in the past, your current credit, along with details of your other financial commitments, including your utility bills and phone contracts. Your credit file also includes personal information like your full name, date of birth and address.
Your credit report is used to calculate your creditworthiness. If you make repayments on time or early, this should help strengthen your credit score, while late or missed payments can lower your score. A lot of lenders will use this information to determine how you manage your money, and may make a loan decision based on your credit report or score.
There are two main types of credit check - soft checks and hard checks. With the former, no footprint is left on your credit report, so it won’t impact your credit score. Find Me A Loan Today only ever use soft credit checks. With a hard credit check, this is reported on your credit file, so may affect your score. Lenders should let you know which type of credit check they will carry out.
While no lender can claim guaranteed approval for all their loans, the direct lenders we work with will take more than just your credit report into account when making a loan decision. Things like your employment history are also considered. We can help you find a lender and loan offer that suits your needs, even if you have a poor credit rating.
In terms of credit checks, the term ‘no credit check loan’ can be misleading. This can refer to loans where only a soft search is carried out on your credit file, or a hard search. It’s also important to keep in mind that soft credit check installment loans are aimed at people who have bad credit, so the interest rate can be higher. It’s therefore a good idea to check your credit score and credit report before requesting a loan, to see if you can boost your score easily. That way you may be eligible for more loan options, and pay less interest.
When it comes to direct lender loans, it can often take some time to do the research, finding a low interest rate and a reputable lender. And once you’ve found a few you like, it can take even longer to complete each online loan request form. That’s why it’s so much simpler to use a broker service like Find Me A Loan Today - we’ll do all the hard work for you. We’ll compare interest rates for you, and you only need to fill in the one loan request! We’ll then put you in touch with the most suitable direct lender for you.
Our short loan request form will just ask for a few personal details, and for you to let us know the amount you want to borrow and the loan terms. We can then offer a near instant decision - most lenders aim to get loans approved within minutes. If approved, you could have the funds you need in your bank account by the next business day.
Searching for a suitable payday lender can be time consuming and stressful. Your short-term credit could be a click away.
We only work with reputable lenders, so we know they are lending responsibly. We’ll search our panel of lenders to find a suitable loan for you.
Although we don’t lend money directly, we’re still here to help you get a loan even if you don't have a perfect credit history.