Texas consumers looking for installment loans for bad credit have several options. You might consider taking out a loan at a traditional bank, but it is unlikely that you will be approved due to your poor credit history. Banks tend to avoid extending credit to what they call “high risk” borrowers. You could consider a car title loan, but what if you don’t have such collateral and need a small amount of borrowing? That’s where Flex Loans Online comes in. Allows low-credit consumers to request installment loans from multiple lenders working with us in Texas.
Submit the application to these lenders at once. This saves time and makes you more likely to get approval than making a request with one lender at a time. Many of the lenders working with us make decisions instantly, so you don’t have to wait weeks for your letter to appear in your email, as soon as you know if it’s approved. So don’t wait. Apply now!
What is an installment loan?
Installment loans are designed to be offered in slightly larger amounts than payday loans and then repaid over a period of time with multiple payments. This is different because payday loans are intended to be repaid in one lump sum. One common example of an installment loan is a mortgage. Consumers are considering applying for an installment loan for a variety of reasons. The truck may be out of order and need repair, or the dishwasher may flood the floor and require expensive parts to repair. Whatever you’re looking for in installment loans for bad credit, Flex Loans Online uses industry-standard best practices for security, so you can be confident that your data is protected.