How To Get Installment Loans For Bad Credit In Mississippi

January 25, 2021 | Emma Frost

 

installment loans for bad credit

 

We all know how much a bad credit score can affect us. Whether we are trying to get a loan at the bank or even trying to get certain jobs, bad credit can be a big sore spot. And then if you have to add in any emergencies that suddenly pop up and need to be handled right away, bad credit gets even more in the way.

But if you are in need of quick financial relief, you may want to take a look at installment loans for bad credit in Mississippi.

What Is An Installment Loan?

An installment loan is a loan you get when you have a pressing emergency and need a little extra time paying back the loan. If you’ve heard of Mississippi Title Loans, then you’ve probably heard of our title loans and payday loans. Well, we also offer installment loans.

How are they different? Well, unlike our title loans that require your vehicle’s title as collateral, you don’t have to put anything up as collateral for installment loans. And unlike our payday loans that are usually paid back with your next paycheck in two weeks, you have more time to repay an installment loan.

So if you need quick cash but don’t own a vehicle or won’t be able to pay it back with your paycheck alone, an installment could work for you.

Will Mississippi Title Loans Check My Credit?

One thing to keep in mind is yes, we do check your credit when you are going for an installment loan. But that doesn’t mean you can’t apply if your credit is not great. We will try to work with you despite what your credit looks like. So while we do check your credit, you should still apply and see if you qualify for the loan.

What Can I Use My Installment Loan For?

Just like our other two loans, the cash you receive from the installment loan should be used only for handling emergencies. This loan is not designed to get you out of debt or permanently fix your financial situation. It is just a means to help you out if you find you cannot handle the emergency yourself.

This all means things like medical bills, sudden home repairs, auto repairs, or late utility bills all fall under this category. And you most certainly shouldn’t use the cash for recreational spendings like shopping sprees or a night out; unnecessary spending is definitely not the idea for this loan.

 

credit score poor

 

Where Can I Get A Signature Installment Loan?

The great thing about us is we have various locations all over Mississippi – so there is bound to be one right by you! With our installment loan, you can have as much as $1,250 cold, hard cash in your pocket fast with our streamlined process and knowledgeable loan reps. It's easy! If you're on our website, go ahead and fill out one of our simple forms and start the process now.

What Do I Need To Qualify?

Like with any loan from any financial institution or bank, there are certain requirements you need to meet in order to even have a chance at qualifying. The first requirement is you have to a legal adult; so you have to be at least 18 years of age to even apply.

Then, once you’ve begun our online form and are ready to head over to one of our Mississippi locations, you have to make sure you have your government-issued photo ID, proof of income in the form of your most recent pay stub, and a checking account statement in your name.

What Is The Process Of Getting An Installment Loan?

As I said, our process is streamlined so that anyone can easily get through it without spending hours at the store. To begin, get on our website and fill out our online form. Remember that we also offer title loans and payday loans, so make sure to choose installment loans if that is what you are going for.

Once the form is submitted, you will receive a phone call from one of our loan representatives who will go over the rest of the process with you. They will also let you know what items you have to bring in with you when you come in.

After the call, you can make your way to a Mississippi Installment Loans locations nearest you. Here you will sit down with one of our reps who will check your items and information. They will determine how much you qualify for – anything up to $1,250 – and if you qualify for approval If you're approved, you'll get your cash the same day – in as little as 30 minutes!

So, as you can see, getting an installment loan for bad credit isn’t completely impossible. While it seems like a huge burden, your poor credit doesn’t have to be a constant hoop you have to jump through. And, hopefully, you’ll be able to get your emergency out of the way faster and leave more time for you to improve your credit.