subject: Short Term Installment Loans- Fast Installment Money Online [print this page] If you want to apply for Short Term Installment Loans, then you need not to waste your precious time to complete paperwork. This is the fastest loan as borrowers need to fill an online application form with few formalities about them such as, their name, age, occupation, address, phone number, valid bank account number, date of birth and so on. These are few mentioned eligibilities for the borrower who want to obtain the fund like, applicant must be above 18 years of age with a regular income of at least $1000 or more. Applicant must have an active checking account of at least 6 months old and must have a residential proof of the state where applying. If the applicant has got above mentioned eligibilities, these mentioned criteria enable to the applicant to apply for this loan.
Short Term Installment Loans offer the amount in ranging from $100 to $1500 for the repayment period of 15-30 days. Loan is also available for those persons who are having bad credit history due to defaulted late payments, country court judgments mentioned against their name or in their credit and arrears. For this loan you dont need to collect any sort of pile of documents to fax to acquire loan. These loans are available online thats why the lenders dont require you to fax the documents.
After getting this loan you can deal with such needs as paying the medical bill, electric bills, grocery bills, water supply bill, paying off the previous debts, automobile servicing, decorating home on childs birthday or festival and so on. The borrowers don't need collateral to place stand for the loan. So these loans are hassle free and convenient to obtain. The rate of interest is basically slightly higher; however you need to pay attention on the repayment term because you will have to pay extra charge of interest for extension repayment.
by: Astor Roy
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