Financial Cents: Posts About Installment Loans

Is Your Bad Credit Loan Amortized? If It’s Not, Here’s Why It Should Be

If you think all bad credit loans are the same, you are sorely mistaken. Non-amortized loans can easily trap borrowers in a dangerous cycle of debt.

Posted on: October 02, 2018


The 5 Ways a Personal Loan Can Affect Your Credit Score

Certain parts of borrowing a personal loan can raise your score, other parts will lower. But if you borrow responsibly, your score will turn out just fine.

Posted on: September 20, 2018


Is There Really Such a Thing as a “Low Interest” Payday Loan?

Unfortunately, the realities of payday lending make low interest rates impossible. Luckily, there are plenty of better (and cheaper) ways to borrow money.

Posted on: September 19, 2018


5 Personal Loans With Easy Approval (And Why That Can Be a Bad Thing)

While there are many great bad credit loans that come with easy approval, there are even more out there that are ... not so great. 

Posted on: September 06, 2018


“Uh-Oh, I Need Money Now!” 4 Fast Cash Options for People With Bad Credit

There's no perfect way to get money fast when you have bad credit, but these four choices can all be a good solution—so long as you're careful.

Posted on: June 29, 2018


Make Sure Your Bad Credit Loan Has Payments You Can Afford

Short-term loans that require lump-sum repayment are very difficult for most people to repay on time, trapping them in a predatory cycle of debt.

Posted on: June 21, 2018


What’s the Difference Between a Payday Loan and an Installment Loan?

When it comes to borrowing, two of the most common options are a payday loan and an installment loan. One is a dangerous debt trap designed to make your financial situation worse, the other is a safe, credit-building financial solution. Learn the important differences here.

Posted on: March 30, 2017


Top 5 Questions to Ask Before Taking Out an Installment Loan

You know an installment loan is safer than a payday loan. But what else should you know before you sign on the dotted line? Use these 5 must-ask questions to make sure you're working with a lender as responsible as you are!

Posted on: February 17, 2017


3 Ways an Installment Loan Can Help Your Credit Score

If you've made credit mistakes in your past, they don't have to stay with you forever. With time, hard work and smart financial decisions, you can erase bad credit history and improve your credit score today. Here are the details on one action you can take now to improve your FICO score for tomorrow!

Posted on: October 05, 2016


Have Bad Credit and Need a Personal Loan? Let’s Play the Bad Credit Lender Dating Game!

If you have bad credit, finding the right online loan for you can be a lot like dating. Here's how you can tell the princes from the predators!

Posted on: September 07, 2016