Can I Apply For An Installment Loan In Greenville, Mississippi With Bad Credit?

Mississippi residents living in smaller towns like Greenville, Mississippi, have alternative financing options just like any other resident living in the state. All it takes is finding a lender that serves that area, and in this case, offers bad credit installment loans.  

So, for those residents facing unexpected expenses and looking for emergency loans in Greenville, MS, we have you covered. At Mississippi Title Loans, Inc., we offer a stress-free solution with quick approvals and flexible repayment options with these no-collateral loans.

What Is An Installment Loan?

An installment loan in Greenville, Mississippi, is also called a signature loan. They are unsecured loans or no-collateral loans that can be an option for those who earn a steady paycheck. It operates the same as a payday loan, but with one dramatic difference. Borrowers pay it back in installments rather than one lump sum on their next payday.

Getting Bad Credit Installment Loans With Mississippi Title Loans, Inc.

Mississippi Title Loans, Inc. offers signature installment loans and can provide an installment loan in Greenville, Mississippi. It has stores all over the state and has locations near the area. Our website has a store locator so you can find the store closest to Greenville.

Installment loans with this us have a maximum of $1,250, which can lead to people who can provide:

• A Mississippi license for driving or another state ID.
• Proof of income.
• A personal checking account with their name listed. 

These types of no-collateral loans can be issued to applicants with both good and bad credit. Mississippi Title Loans, Inc. will perform a credit check before approval, but doesn't require perfect or great credit. The main priority is that you have proof of regular income and a checking account. 

Installment Loans Vs Bank Loans

Once you understand the basics, it’s important to know how installment loans differ from traditional bank loans. While installment loans may be similar to personal loans at a bank in the way they repay the loan in monthly installments, they also differ. 

The difference is in how the approval decisions are made and how quickly money is in your hands. Banks will always consider your credit score as a primary factor in approving a loan. They also consider how long you've been at your job and require a host of other details, with references. 

Do I Need Good Credit For Installment Loan Approval?

Mississippi Title Loans, Inc. checks credit, but it isn't a determining factor in loan approval. It also won't place a heavy burden on how long you've been working at your job. 

The primary determining factor for an installment loan in Greenville, Mississippi is your pay and your ability to repay the loan. 

A bank loan can take a week or two to get approval, while Mississippi Title Loans, Inc. can have a decision in the same visit as your application.

The ease of applying and the quickness in getting cash are why many people prefer an installment loan with this company over going to a bank. It is less stressful than waiting for a loan officer to make a loan decision while you have an emergency that needs funding.

What Can A Signature Loan Be Used For?

A signature loan is a short-term loan that can be used for any type of emergency funding. These are necessary expenses like paying a high utility bill, an unexpected car repair, a home repair, or a child's dental bill. 

Many people find this type of loan helpful in these situations because you don't need collateral to obtain it, and paying in installments is easier for some people than paying one time out of the next paycheck. 

Loans given on signature usually offer more money than a payday loan because it is carried out in installments. The repayment plan is listed in the loan terms and agreement. 

How Do I Apply?

Applying for an installment loan in Greenville, Mississippi is easy with us. Going to a store to find out more about it isn't necessary. All you have to do is submit your information with our form online, and someone from a nearby store will connect with you.

The store associate will answer questions and go over eligibility requirements for these emergency loans in Greenville, MS. Then, you set an appointment to come into a store to talk to an associate. They will look over everything and help you through the application. 

You could make a decision as soon as half an hour! Your money, once approved, will be available to you either the day you're approved or on the following day of business. It is that easy with this store's no-hassle application process. 

Get Started On Your Loan Today! 

Those living in Greenville do have financing options for emergencies as long as they have a job. Mississippi Title Loans, Inc. has a bad credit installment loan that could be the right solution for you. 

Submit the online information form now and see what we can do to meet your financial needs. 

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.