Not every financial need fits a 2-week repayment window. Installment loans let you borrow a larger amount and spread repayments across several months — with a predictable schedule you can plan around.
Find My Installment Loan →Payday loans are powerful for short-term emergencies. But if your need is larger or you need more time, an installment loan may be the better fit.
Installment loans spread repayments over 3–12 months (sometimes longer), making each payment smaller and more manageable than a lump-sum payday loan repayment.
Because repayment risk is spread over time, some installment lenders can approve higher amounts — sometimes ,500 to ,000 — for qualified borrowers.
Installment loans often carry lower APRs than standard payday loans, though rates vary widely by lender and borrower profile. Always compare the full cost.
Some installment lenders report on-time payments to credit bureaus, which can gradually improve your credit score — a benefit standard payday loans don't typically offer.
Requirements vary by lender, but typically include:
While installment loans often have lower APRs than payday loans, APRs of 60%–300% are common in the short-term lending market. Always calculate the total repayment amount — not just the monthly payment — before signing. A lower monthly payment stretched over 12 months may cost more in total than a higher payment over 3 months.