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Installment Loans:Installment Loans are up to $1000 and paid back in smaller payments up to 90 days. This type of loan is ideal for consumers who need larger amounts of money but cant afford to pay it off in one lump sum.
The application process can be done online or in store and has documentation requirements to complete. Installment transactions must be fully amortizing and repayable in consecutive installments as nearly equal as mathematically practicable according to a payment schedule agreed upon by the parties with no fewer than 13 days and not more than 1 calendar month between payments, except that the first installment period may be longer than the remaining installment periods by not more than 15 days, |