How To Get Installment Loans For Bad Credit In Mississippi
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 can be even more of a nuisance.
When that happens, and you need quick bad credit financing solutions, you may want to take a look at bad credit installment loans.
What Are Installment Loans And How Do They Work?
An installment loan is a loan you get when you have a pressing emergency and need a little extra time to pay back the loan. If you’ve heard of Mississippi Title Loans, Inc. then you’ve probably heard about our fast cash emergency loans for bad credit, 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 which 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, Mississippi installment loan options could work for you.
Will Mississippi Title Loans, Inc. Check My Credit Score?
One thing to keep in mind, when seeking bad credit loan options Mississippi, 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 installment loans for credit improvement.
What Can I Use My Installment Loan For?
Just like our other two loans, the cash you receive from bad credit installment loans should be used only for handling emergencies. These emergency loans for bad credit are not designed to get you out of debt or permanently fix your financial situation. They are just a means to help you out if you find you cannot handle the emergency yourself.
This means things like medical bills, sudden home repairs, auto repairs, or late utility bills all fall under this category. You most certainly shouldn’t use the cash from personal loans for bad credit for recreational spending like shopping sprees or a night out; unnecessary spending is not the idea for this loan.
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 Mississippi installment loan options, you can have as much as $1,250 cash 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 For These Fast Cash Loans For Bad Credit?
Like with any loan from any financial institution or bank, there are certain requirements you need to meet to even have a chance at qualifying. The first requirement is you have to be 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 This Type Of 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 select our easy installment loans Mississippi if that is what you are applying 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 with you when you come in.
After the call, you can make your way to a Mississippi Title Loans, Inc. location 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're approved and happy with the terms, you'll get your cash the same day – in as little as 30 minutes!
FAQs
Can I apply for an installment loan if I have bad credit?
Yes. While Mississippi Title Loans, Inc. will check your credit before approving you for a signature installment loan, perfect credit is not required.
What documents are needed to qualify for a signature installment loan?
To qualify for signature installment loans you will need to provide the following required items:
- Your driver’s license (or a valid state-issued I.D.)
- A bank statement from an account that’s opened in your name.
- Must be 18 years of age or older
- Proof of income (your most recent pay stub)
Do I need a bank account to apply and qualify for an installment loan?
Yes. You need to have an active bank account that is opened in your name to qualify for a signature installment loan.
How do I make payments on an installment loan?
As the name suggests, repayment with this type of loan is done in monthly installments. The length of your loan, as well as, the costs and scheduled payment amount, will depend on the amount you borrowed and the agreement between you and the lender.
Get Your Installment Loan Today!
So, as you can see, getting installment loans for bad credit or installment loans for credit improvement 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, with bad credit loan options Mississippi, you’ll be able to get your emergency out of the way even faster, leaving more time for you to improve your finances.
So when you reach the end of the line and need to find financial assistance, complete the online loan inquiry form through Mississippi Title Loans, Inc. with your basic information and a loan representative will call you with details.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.