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Installment loans for bad credit are less high-risk and more affordable than pay day loans. Some loan providers offer installment loans with no credit check.
An installment loan is that loan that you borrow at one time and repay in fixed monthly premiums, or installments.
You have, your monthly transactions and how much money you make — to understand your financial behavior and help qualify you if you have a bad credit score (below 630), lenders that offer installment loans for bad credit will gather other information — including how much debt. Read more