Cash flow may be unstable from time to time, and when urgent expenses appear out of the blue, many people just start to stress out. Fortunately, the modern lending industry continues to grow, making borrowing solutions more and more accessible throughout the US. These days, getting extra cash is as easy as ordering a burger at McDonald’s. So if you are short of money, TotalCashLoan.com will be your reliable assistant. We offer the best online installment loans and are ready to tell you everything you need to know about them. Therefore, get ready to deal with your financial woes and read the provided information carefully.
What is an installment loan? Is it difficult to get it? How much money can I obtain? These questions bother many first-time borrowers who turn to TotalCashLoan.com for help. An installment loan is a quick and secure option to get additional cash to cover a whole variety of expenses – typically one-time major purchases (car or house), college fees, or multiple personal needs. This is a lump amount of money you get from TotalCashLoan.com and repay in parts – installments – during a certain period which may last from several months to years.
Some people confuse installment loans with revolving credit. But you should know the difference so as not to get into trouble when deciding on a loan. Therefore, revolving credit allows you to receive cash in parts, like in the case of a credit card or line of credit. And the sums are usually too little to cover the majority of expenses. But with large amount installment loans from TotalCashLoan.com, you get the desired sum of money at once and can spend it at your sole discretion.
Naturally, installment loans have particular characteristics that distinguish them from other lending products. Take this information in mind when choosing a money offer at TotalCashLoan.com:
Flexible installment loans from TotalCashLoan.com come in different types and forms. You should be aware of all the ins and outs to choose a favorable deal for your needs. However, that is not at all difficult. We will help you sort things out. First of all, it is important to note that installment loans may be secured and unsecured:
Now we can move on to enriching your financial awareness. So let’s explore the most popular examples of installment loans available all over the US, and you can get most of them easily right on TotalCashLoan.com.
With a mortgage loan, you can purchase a house, borrowing an amount equal to its value. These lending offers come with either fixed or variable interest, which applicants agree to pay off together with the loan principal in monthly installments (traditionally for 15-30 years). The type of house is not important – it can be either a small country house or an apartment in a multi-story building. Mortgages are secured, and your property (meaning your home) acts as collateral. So missing payments may lead to the confiscation of the house. But since large installment loans from TotalCashLoan.com are cheap, our customers deal with their debts easily.
This is another example of an installment loan that requires collateral. In this case, you back up your deal with a car. And the very auto loan is issued to purchase a vehicle. The great thing about these loans is that their interest rates are typically low, especially if you apply with TotalCashLoan.com. So even though the risk of losing the car exists, it is minimized. The term of an auto loan is flexible, and you can repay the money during 2-6 years.
This type of quick installment loan is used to cover higher education and all the costs related to studies. Students apply for extra money to pay for an academic year, accommodation, transportation, books, tutors, and similar college costs. Although student loans are also issued by the federal government, it is still better to get them online due to lower fees and extended repayment terms. The lifetime of such financial products can reach 20 years.
What is a personal installment loan? It is a lending product given in a lump sum with no collateral. To say more, this is the top pick of TotalCashLoan.com customers since such loans have a wide range of uses. Additionally, an opportunity to borrow fairly large amounts proves to be very lucrative for applicants. After all, you can get as little as $1 000 and apply for $10 000 or even more. Rates vary from 3% to 36%, depending on multiple factors (primarily on the credit score). Besides, TotalCashLoan.com also offers personal installment loans for bad credit. The term is convenient – you can pay off the borrowed cash during 1-7 years.
Buy now, pay later loans
This is a slightly different type of financing that can be obtained not from an installment loan organization but from in-store retailers. Thus, this is a kind of at-checkout loan that allows you to break a major purchase into smaller parts and pay them off bi-weekly or monthly. If you are interested in such lending products, the best personal installment loans from TotalCashLoan.com will be a great alternative.
An installment loan, its use, and repayment affect your credit score. But guess what? Your credit history and score also affect your loan. Online lenders, including TotalCashLoan.com, consider your credit points when deciding whether to lend you money. Thus, you may get better or worse interest rates. But what if you have a bad credit score? Does this mean you will be denied a loan? Not at all if you turn to TotalCashLoan.com. After all, we offer online installment loans for bad credit. These are quick financial solutions for everyone who cannot boast a perfect credit report. Such a loan may cost you a bit more, but there is no reason to fall into despair. You pay for a quick, secure, and easy cash advance which will help you deal with all money troubles instantly. What’s more, our rates are still favorable even when it comes to installment loans for people with horrible credit.
Apart from all of the above, TotalCashLoan.com also offers no credit check loans. These are typically secured installment cash advances such as mortgage or auto loans which do not require hard credit checks. Thus, you may get these loans with poor credit as well. All the same, the interest may be higher for such lending solutions. However, there are some tricks to save you from costly deals. So you can re-check your credit report for hidden mistakes and, thus, boost your score. Moreover, TotalCashLoan.com allows you to apply for installment loan online with a cosigner – a person who has a flawless credit history and can help you get the best possible offers.
It is easy to get all types of installment loans online at TotalCashLoan.com. If you are new to online lending, you will comprehend the process quickly. To make it all even simpler, consider our instructions on how to apply for an online installment loan on our website. The following steps are quick and easy:
Fast installment loans from TotalCashLoan.com prove to be a better solution than other forms of financing. We can name a whole lot of reasons why these loans are beneficial. And to determine whether it is worth applying for such a lending product, explore the categories of borrowers who usually ask us for help.
There is a great number of people seeking online only installment loans at TotalCashLoan.com. And for a good reason! Borrowing cash online has many advantages, including: