instant loans uk Review of Installment Loan Companies Online

For everybody, who can’t make the ends meet, an installment loan is a lifebuoy. An average American applies for this kind of borrowing annually and that’s a commonplace either for lenders or for borrowers. Nevertheless, poor borrowers often fall into the trap of the unfair scammers, who believe that end justifies the means. Unfortunately, every third person in the USA can be treated unjustly and lose instead of win. This is why our company provides you with a fair and comprehensive overview of the top installment loan companies as well as loan services reviews online.

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1. Sterling Store
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Sterling Store is a UK-based company that provides consumers with a quick access to payday loans online. The service is available 24/7 to help you solve your financial emergencies in the shortest terms possible.
Key Features
24/7 Access
Simple Registration Form
Online request processing
Easy Requirements
Our Users Say
Quality star star star star star
Services star star star star star
Time star star star star star
Support star star star star star
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2. Quid Expert
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QuidExpert company works with top UK lenders that offer up to £5,000 with terms up to 36 months. The service is held 100% online. It's fast and secure.
Key Features
Fast Decision
100% online
Safe and Secure
All Credit Histories Considered
Our Users Say
Quality star star star star star
Services star star star star star
Time star star star star star
Support star star star star star
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3. Easy Pound
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You can borrow up to £5000 with EasyPound. The company searches the panel of 20+ lenders so you can focus on more important things, saving you time.
Key Features
Instant quote
Safe and secure
Fast online decision
Simple online application
Our Users Say
Quality star star star star star
Services star star star star star
Time star star star star star
Support star star star star star

What Is Installment Loan and What Are the Benefits?

In fact, an installment loan is a common type of borrowing, which is known for everybody. It’s a credit, which is given to a borrower as a single lump sum. Then a borrower is supposed to pay a debt off with a help of regular payments including the interest rate. Nevertheless, not every type of a loan is installment one. A car loan or mortgage loan are the type of installment credit, for instance. You may apply for a secured personal loan, which requires collateral and, generally, refers to those, who have bad or poor credit. Unsecured credits are available for people with a good credit history.

This kind of borrowing is attractive for people with bad credits and there are no credit check installment loans. Nevertheless, it’s crucial to conduct a thorough research and find the reputable financial company, which will manage to provide a professional aid without harm for your credit and pocket. Still, you have got to the right page as our company has already done the work for you!

Best Installment Loans Companies

Lending Club is the second company we are going to consider. Starting from several hundreds of dollars and ending with $40,000, Americans can apply for installment loans with APRs from 5.99% to 35.89%. Nevertheless, this company isn’t available in some states such as Iowa or West Virginia and is known for the inflexible credit terms. While some people consider Lending Club to be a leading installment loans company, others complain about the low quality of the service and suspicious level of the competence.

Avant is known for the possibility to apply for a personal loan with a poor credit. While the service offers tempting possibilities, the APR is higher than in Lending Club and starts from 9.95%. Still, Avant doesn’t cooperate with the lenders and works directly with a borrower. So, you will receive the money faster. By the way, a startup doesn’t withdraw a hefty loan origination fee.

Unlike Avant, Prosper requires an obligation fee in the amount of 5% of the loan. In fact, this company doesn’t fit everybody as a borrower has to provide an impressing credit history. The APR is the same as Lending Club offers but the approval process can take several weeks as Prosper isn’t a direct lender. That’s why a startup has a couple of unsatisfied clients.

PersonalLoans.com isn’t a startup – it’s a reputable resource of financial help. The APR you can get is lower than in aforementioned companies ranging from 5% to 36%. Nevertheless, the service isn’t also a direct lender and that, obviously, brings some difficulties. Firstly, it’s difficult to get some specific moments and ask for additional information. Secondly, as it was mentioned before the approval process can be quite long and it’s a major drawback when you badly need money.

Nevertheless, the reviewed companies have lots of positive feedback as the attitude to their work is really responsible. Probably, that’s a key advantage, which will definitely fix tiny inaccuracies soon.

Need a personal installment loan? Choose your company!