When you hear a phrase like “long-term installment loans no credit check direct lenders”, you probably think to yourself “That sounds too good to be true!” But it isn’t. You just maybe need a few things explained to you.
What Are Long-term Installment Loans No Credit Check Direct Lenders?
Let’s break that down. Long-term is generally going to mean for more than a year.
Installment loans are those where you make payments over time. The other alternative is a lump-sum payment, which is typical for payday loans.
The phrase “no credit check” is the part that tends to trip people up the most. People think “Wow, are you really going to just cut me a check and run no checks whatsoever? That can’t be right!”
You’re right. That’s not what is going to happen. They will run a soft credit check instead of a hard one.
It’s quicker, so you get your money quicker. It also won’t show up on your credit score, so it can’t harm our score.
Direct lenders are usually small-time operators. In other words, it’s not a major bank. They may be able to offer more flexible terms.
Let’s Talk A Bit More About Long-term Installment Loans No Credit Check Direct Lenders.
You know it’s likely to be a bit more expensive for you than a traditional bank loan. Why would you want something like this?
What if you need a $3000 personal loan? What if you need it fairly quickly and you just can’t or don’t want to jump through the usual hoops?
This might be a case where you would be interested in looking for long-term installment loans no credit check direct lenders. You know it’s more money than you can pay back out of your next paycheck, so you want to arrange payments. You know the product will cost a bit more, but it will be fast.
What Are Some Basics?
Like with all loans, you need to be a legal adult and a citizen or legal resident of the US. You will need to provide a copy of a valid photo ID, such as:
- A driver’s license.
- A state-issued ID card.
- A military ID card.
- A tribal ID card.
You will also need to provide some financial information. Be prepared to provide a recent pay stub, a recent bank statement or other documentation to help support your claim that you can make the payments.
Let’s Find Long-term Installment Loans No Credit Check Direct Lenders.
TheGuaranteedLoans is in the business of helping people like you find the funds they need to make life work. We do a lot of the legwork and keep up-to-date files so you can fill out a single set of forms and get compared to a variety of lenders.