Installment Loans Online
Our installment loans online go up to $10,000 and are repaid in equal monthly payments, so you know the amount of each payment and the number of payments before you agree. Apply on our website and get a decision without a hard credit check.
Installment Loans Online up to $10,000
Spread a big expense into equal monthly payments: borrow up to $10,000 online, example rate 36% APR, terms depend on your state.
Read the video transcript
What if $3,000 didn't hit all at once? A new appliance. A dental bill. A move. An installment loan spreads it out. Borrow up to $10,000 online. Then repay in equal monthly payments. Rates and terms depend on your state. Approved? Money arrives the next day. No hard credit check. A lender since 1999. Cash Solutions. Borrow with a plan.
How our installment loans work
You borrow one amount and pay it back over a fixed number of months. Every payment is the same size.
- Apply onlineChoose the amount you want, add your income details and the checking account where you are paid.
- Get a decisionWe review the application with a soft inquiry, so your credit score is not touched at this stage.
- See your scheduleIf you are approved, the agreement lists the payment amount, the payment dates, the rate and the total you will repay.
- Receive the moneyAfter you sign, the money reaches your checking account the next day. Payments are then made on the dates in your schedule.
Installment loan payment calculator
Pick an amount and a term. The calculator uses the standard loan formula at a 36% APR example rate.
- Estimate at 36% APR. Rates and available terms depend on your state, and your exact terms are shown before you sign.
What an installment loan costs: three examples
Each example uses a 36% APR, monthly payments and the term shown. Longer terms mean smaller payments but more interest.
| Amount | Term | Monthly payment | Total interest | Total repaid |
|---|---|---|---|---|
| $1,000 | 12 months | $100.46 | $205.55 | $1,205.55 |
| $3,000 | 24 months | $177.14 | $1,251.41 | $4,251.41 |
| $10,000 | 36 months | $458.04 | $6,489.37 | $16,489.37 |
- Examples only. Your rate and terms depend on your state and your application, and the agreement shows the exact figures.
- Paying a loan off early can reduce the interest you pay. Ask us how early repayment works in your state before you sign.
Installment loan vs payday loan vs credit card
All three give you money now. They differ in how you pay it back and what it costs over time.
| Installment loan | Payday loan | Credit card | |
|---|---|---|---|
| Typical amount | Up to $10,000 with us | Up to $425 with us | Up to your credit limit |
| Repayment | Equal payments over several months | One payment on your next payday | Flexible monthly minimum, balance can carry over |
| Number of payments | Fixed, set when you sign | One | Open-ended |
| What it costs | Interest on the balance, with a rate capped by state law in many states | A flat fee for a short term, which gives a high APR | Interest on the unpaid balance, often a variable rate |
- Which is cheaper depends on the amount, the rate and how fast you repay. See our payday loans page if you only need a small amount until payday.
How to read your payment schedule
Personal installment loans like ours come with a schedule, and it is worth reading line by line. In the early months a larger share of each payment goes to interest. As the balance falls, more of the same payment goes to the amount you borrowed.
Check four things before you sign: the payment amount, the due dates, the total you will repay and what happens if a payment is late. If anything is unclear, ask us. You can stop at any point before you sign the agreement.
Credit check and your score
We do not run a hard credit check to give you a decision. We use a soft inquiry, which does not affect your credit score and is not visible to other lenders.
We do not report your payments to the credit bureaus. That means on-time payments won’t build your credit history with us, but a loan that goes unpaid and is sent to collections can still hurt your credit.
If your credit is fair or poor
We consider applicants with bad or fair credit. The decision depends mainly on your income and your checking account. You can read more on our bad credit loans page.
Who qualifies
- At least 19 years old
- Current employment for at least 6 months — current working income (SSI, disability and retirement income are not accepted)
- An open and active checking account for at least 3 months
- A valid Nebraska state-issued ID (driver’s license)
- Your most recent paystub, your last 30 days of banking history and valid checks (no starter checks)
Approval is not guaranteed. Every application is verified, and the decision depends on income and verification.
Before you borrow
Work out the monthly payment and check it against your budget. If the payment is tight, choose a smaller amount or a longer term, or consider a cheaper source such as a credit union. The calculator above shows how each choice changes the cost.
Our personal loans follow the same equal-payment idea with their own examples.
Frequently asked questions
How do installment loans work?
You borrow a set amount and repay it in equal payments on a fixed schedule. Each payment covers part of the balance plus interest, and the loan ends when the last payment is made.
Can you have multiple installment loans?
You may apply for more than one, and we review each application on its own. Approval depends on your income, your checking account and what you already owe, so ask us if you are unsure how a second loan would fit.
Can installment loans garnish wages?
A lender generally cannot take money from your paycheck unless it first sues, wins a court judgment and obtains a garnishment order. Rules differ by state, so check your state’s law or ask us about the terms in your agreement.
What is the difference between an installment loan and a payday loan?
A payday loan is repaid in one payment on your next payday, while an installment loan is repaid in several smaller payments over months. That makes each payment easier to plan, though the total interest grows with the term.
When will I get the money?
After approval and signing, the money is sent to your checking account the next day. Your bank decides what time it shows up.
Related: Personal loans · Payday loans · Bad credit loans · Cash advances
See if you qualify
Apply online in minutes. No hard credit check, and you see your payment schedule before you sign.