Welcome to Installment Loans

Welcome to Installment Loans! It is here where you can find quick monetary help for all your unforeseen expenditures. We specialize in helping you find a loan with easy installment. Come to us and we will help you find the best loan deal in no time!

Qualifying for our matchless loan deals at Installment Loans is very easy. Any citizen of Canada above 18 years who hold an active bank account and earn fixed income will be considered as eligible to apply with us. Installment loans no credit check are perfect for those who do not hold a favourable credit rating. At Installment Loans you need not have to undergo any credit checking procedure prior to approval against these loans.

If you are in need of cash help right away then same day installment loans and short term installment loans are perfect for you. We at Installment Loans will help you get instant cash assistance on the same day of applying against these loans.At Installment Loans we treat all type of creditors equally. So no matter how bad your credit rating may be, you can still raise cash help by applying for bad credit loans. If you are unable to pledge any collateral against a loan then apply for unsecured loans.

For any short term cash assistance before payday apply for payday loans. You are free to spend the approved cash for any purpose. Instant cash loans arranged at Installment Loans are short term cash help that comes with an instant decision. Finding a loan deal suiting your requirements is easy at Installment Loans. With us your will just need to fill in a simple online application form to apply. Tell us your needs and get hold of the best loan deal in no time!

How much can I borrow?

Approval against installment loans will allow you to borrow an amount up to $1,500 and pay them back in multiple payments over a period of time. The amount of cash offered to you upon approval will be decided based on your requirement as well as repayment ability. When you repay the loan on time and it gets reported to credit bureaus, it can help build your credit history.

Eligibility criteria

Anyone who can confirm the following requirements shall be considered as eligible to apply-

  • You should be a citizen of Canada,
  • You need to be above 18 years of age,
  • You should have a valid checking account which should be at least three months old and
  • You should be currently employed, earning a fixed monthly income.

Term of the Installment Loans

Compared to other short term loans, installment loans are offered for longer terms, typically for three months or more. The payments made to this type of loan needs to be made in equal installments. This loan is an ideal solution for anyone who is unable to repay back a loan in one lump sum and also do not want a keep paying off debts for years.

Required documents

There are very few documents required when you apply for this loan. You can start the application process by completing an online loan application and submit it to the lender along with some documents such as proof of your identification, verification of employment and income, and checking account information. Such requirements of documents may vary depending on the lenders. So, do read the loan agreement to know more about it.

How it works

Installment loan is a monetary solution extended to people in need of monetary assistance for a short term. The best part of this loan is that it can be repaid with regularly scheduled payments. Each payment made on an installment debt will include repayment of a portion of the principal amount borrowed and also the payment of interest on the debt. This loan is a favourable solution for anyone who is unable to repay back a loan all in one go.

Annual Percentage Rate Charges

Annual Percentage Rate includes the interest rate, closing costs, as well as other fees. Before applying for this loan you should know how to calculate APR. First, take the cost of the loan in interest and other finance charges and divide it by the amount borrowed. Next, multiply that amount by 365 and then divide the sum by the term of the loan in days.

Late Payment & Other Fees

No matter how much money you may have borrowed, you should make it a point to repay back the borrowed money on time. If due to any reason you fail to repay, lender will charge you with late payment fee. Such late or partial payments will not only incur new finance charges but may also bring collection calls, legal action and have a negative impact to your credit rating.

Please read terms & conditions of lenders or brokers before paying any upfront fees

We expect you to repay your loan on the date agreed, so if you do not think you are in a position to make your repayment, please do not apply with us in the first place. It is not worth risking your credit rating for such a small amount.

Please note that payday loans are meant to be used for short term financial emergencies and are not designed to provide long term solutions

The operator of this website is not a lender and does not make credit decisions. The information you provide will be used in securing you a payday loan with one of our carefully selected panel of leading Payday Loan Lenders in Canada. The personal, financial and employment information that we collect is stored electronically during the duration of the application and is removed from our system upon acceptance from the lender.

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