LOS ANGELES, Jan. 18, 2022 (GLOBE NEWSWIRE) — Installment loans can give borrowers quick funds to cover larger expenses, whether they’re financing a home improvement project or meeting an unexpected medical bill. The borrower can then repay these loans in predictable monthly payments over time.
An Advance America installment loan comes with an instant approval decision, fast financing, and less stringent creditworthiness requirements. Read on to learn more about how installment loans work and how they can help borrowers cover spending in the new year.
How do installment loans work?
Installment loans are short-term loans where the borrower can get a lump sum to cover expenses. These loans can usually be repaid in fixed monthly payments or installments, and the repayment period can range from several months to several years.
Advance America offers installment loans with a quick in-store or online application process. Borrowers can apply in just minutes and may receive an immediate approval decision. Advance America also approves borrowers with all types of credit scores, considering factors such as income and employment history in the decision-making process. This means that borrowers with poor or fair credit ratings can still be admitted.
How borrowers can cover expenses with an installment loan
Here are some ways borrowers can use an Advance America installment loan to cover expenses:
- Paying for a car repair or medical bill: Expenses like car repairs and medical bills can come unexpectedly. An Advance America installment loan can allow the borrower to cover these costs immediately and pay off the debt in manageable installments over time.
- Fund a home improvement or repair project: Borrowers can use an Advance America installment loan to pay for a home improvement or repair project, such as B. renovating a kitchen or repairing a leaky roof.
- Cover basic expenses: Installment loans can also be a good option for those who need extra funds to cover important expenses. Whether borrowers need to buy groceries or pay rent, Advance America can get them the funds they need quickly.
Get an Advance America installment loan today
Installment loans offer borrowers a great way to pay for all their expenses, whether they’re making a home repair or paying an unexpected bill. Borrowers can apply for an Advance America personal loan online or in-store in minutes and may receive immediate approval. If they are approved, they can get the money they need in their bank account the same day or within 24 hours. Borrowers can visit a local Advance America location or visit AdvanceAmerica.net to begin the application process and begin covering expenses today.
Note: The information provided in this article is for informational purposes only. Ask your financial advisor about your financial situation.
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