Do Installment Loans require a credit check?
If you find yourself in a situation where you need to get cash quickly; the unexpected home repair or medical expense, an installment loan may be the solution. At Liquid Loans, we don’t require you to have good credit in order to get approved. You can always apply online for quick approval, but we can highlight how our loans work.
In general, if you have a bad credit score or no credit, it can be hard to find lenders who are willing to work with you. Fortunately, we have options for credit challenged borrowers. You can get nearly instant approval for an installment loan by filling out our online application or by visiting our Taylorsville office.
No matter your credit score, if you borrow an installment loan, you’ll have cash available for you to use right away and then you’ll have a set schedule of fixed payments over the next several months until the loan has been paid back. In the application process, we do consider factors like your current income, employment status, and where you bank.
When applying for a loan online, we’ll need to get the following from you:
-government issued ID
-pay stub or bank statement
-social security number
-bank account details
The Liquid Loans application process for an installment loan is set up to be straightforward and easy to understand. If you have any questions about how to move forward, our team is available to guide you through the process step by step. To help with planning, our application process usually consists of the following steps:
1-Collect the required documents needed for the official loan approval
2-Complete your application in full and be sure to provide accurate information for all questions. The nice thing is this can all be filled out online.
3-Once your application is submitted, Liquid Loans will get back to you quickly, usually within minutes with an approval decision. Our customers absolutely love what is almost instant approval.
4-You can expect to receive the money directly in your bank account through direct deposit. This process doesn’t take long at all especially once you are fully approved.
What is the easiest loan to be approved for?
We stand behind our loans, especially the installment loan as one of the easiest to get approved for and easiest to help alleviate some of your financial shortcomings.
At Liquid Loans, you can apply for a fast loan online or in person at our Taylorsville store. A member of the Liquid Loans team will ask you for some of your information to help you with the application.
When you apply for and get approved for an installment loan, you can expect to get your funds quickly, sometimes within the same day or within 1-2 business days.
Many people think that if they have bad credit, they can’t get approved for much of anything. If your credit score isn’t strong, or you don’t have any credit history, we can walk you through options to see if the installment loan would be the best fit for you. Applying will not affect your credit so there is nothing to worry about there.
Liquid Loans provides installment loans to residents of Taylorsville and surrounding areas. Our goal is to give you quick access to capital and be your trusted short-term financial partner.