Texas Installment Loans Bad Credit
Consumers in Texas looking for installment loans for bad credit have several options in front of them. You might consider taking out a loan with a traditional bank, which is not very likely to be approved because of a poor credit history. Banks tend to avoid extending credit to what they term, “high risk” borrowers. You could consider a title loan on your car, but what if you don’t have that type of collateral and only need to borrow a small amount of money? That’s where Personal Money Network comes in. We provide the ability for consumers with bad credit to request installment loans in Texas from multiple lenders working with us.
We submit your application to these lenders at once, which saves you time and increases your odds of receiving an approval over making the request with one lender at a time. Many of the lenders working with us offer instant decisions, so you’ll know if you’ve been approved right away and won’t have to wait for weeks for a letter to show up in the mail. So, don’t wait. Apply today!
What’s an installment loan?
Installment loans after offered in slightly larger dollar amounts than a payday loan and are designed to be paid back over a period of time, in multiple payments. This differs because payday loans are intended to be paid back in a single lump sum. One common example of an installment loan is a home mortgage. Consumers consider applying for installment loans for all sorts of reasons. Maybe your truck broke down and needs repairs, or your dishwasher flooded the floor and needs an expensive part in order for it to be fixed. No matter what reason you’re looking for installment loans for bad credit, Personal Money Network uses industry standard best practices for security so that you can feel confident that your data is protected.