– What Is a 3-Month Payday Loan?
In fact, there is no such thing as a “3-month payday loan.” Why? Let’s think about this. “Payday loans” are small advances of money, most commonly up to $500-$1,000, which must be repaid in 1, 2, 3, or 4 weeks. This means that the maximum allowed period for a payday loan is 7-30 days (1 month).
We are talking about a loan for 3 months, right? The word “installment” is therefore more suitable for such a loan. It is something between a “payday loan” and a “personal loan” (a loan that is repaid in several equal-sized payments, and the maximum allowed period can be up to 12-24 months [1-2 years]). Such a loan is cost-efficient for the borrower! The interest rate on this type of credit is much lower than for payday loans. And at the same time, the creditors’ claims are more friendly with these loans than for personal loans.
Thus, it is more accurate to say “3-month installment loans” instead of the typical “3-month payday loans.”
– Applying for 3-month Payday Loans Online (via the Internet)
How can you get a quick and easy payday loan for up to 1 month or an installment loan for up to 3-12 months? Of course, you can apply for a cash advance online (using your mobile phone, laptop, or PC via the Internet). Applications are accepted 24/7.
– 3-Month Payday Loans: List of Direct Lenders Near Me
Where can you get payday loans near you? If for whatever reason you do not want to (or cannot) apply for a loan online, you can apply at one of the direct lenders’ offices, where the company’s employees will help you and answer any questions you may have. In order to do find an office near you, please choose your state and then city of residence in the Menu at the bottom of the page.
– Instant Cash Advance up to 1-3 Months Even with Bad Credit
How can you get a 3-month loan (payday or installment) instantly? It’s possible to get a small payday loan of up to $200-$300 even with bad credit history. But with a bad credit score, you will almost never be approved for a large sum ($1,000-$3,000-$5,000). To get approval for a large loan, you need to have a salary of no less than $1,500 per month and no heavy debts.
– 3-month Payday Loans with No Credit Check – Is It Possible?
Many people have such a bad credit history that they are searching for loans with guaranteed approval and without credit checks. Well, we hate to disappoint you, but this is impossible. Nobody can give you a 100% guarantee! You can get an instantaneous decision (approval or disapproval) on a bid, but not instant cash. Creditors come to a decision of approval or rejection of a bid based on quite a large number of factors: employment history, wage rate, age, marital status, city and state of residence of the borrower, etc.
What Is the Best Place to Get a Loan Until Pay Day?
The notion of “best” differs for every person. To our mind, this question has no clear-cut answer. We can just share our thoughts on this point:
- If you want to receive a loan until payday as soon as possible, apply for it online (you can even do so at night or on the weekend/holidays).
- If you are going to make an in-person visit to a creditor’s office close to where you live, we advise you start with Advance America, Check City, ACE Cash Express, Check Into Cash, Moneytree or CashNetUSA (you can find the addresses and phone numbers of their offices on our website by choosing your state and city). All of these companies are licensed, and their business scope is under the control of the appropriate authorities.
Who Can Get a 3-Month Loan?
What Are the Requirements?
Minimal requirements for a borrower:
– at least 18 years old (preferably 21+)
– USA citizenship and residence in a U.S. city
– regular and official income
– duration of employment at most recent place of work at least 3 months
– personal bank account (to which the money will be transferred)
– mobile phone with active number and email address
