Installment Loans

Installment loans provide the fast cash to bank account benefit of a payday loan, without requiring full repayment on your next payday. Instead, installment loans offer a convenient repayment schedule with smaller, easier to manage payments. Daily interest means you only pay for the time you use the loan. Next time you need to make a big purchase, or have a large bill to pay, consider letting an installment loan help navigate you through life's uncertainties

What Are Installment Loans?

Installment loans are cash loans that you can pay off in as little as one day, or as long as 42 months.* Instead of repaying your entire loan on your next pay date, like a payday loan, installment loan payments are spread out over a set number of scheduled payments that are due on your pay dates.

How Does the Re-Payment Process Work?

Interest accrues daily based on the amount of money you borrow. However, you can re-pay your installment loan at any time with no penalties. The repayment process may sound similar to mortgages or auto loans, and that’s because Speedy Cash installment loans work just like them! There are a set number of scheduled payments that show you a clear end date to the loan. The biggest advantage to an installment loan is that you only pay for the time you use the loan. Whether you want to pay off your loan quicker with larger payments or make smaller payments over a longer period of time, you have control over how much you pay in fees.

Payday Loans vs. Installment Loans

	PAYDAY LOANS	INSTALLMENT LOANS
Duration of Loan	14-31 Days*	Up to 42 Months
Payment Frequency	Re-Paid in One Lump Sum	Re-Paid Over a Set Number of Payments
Interest & Fees	Flat Fee	Interest Accrues Daily

*Length varies based on customer's pay cycle.

How Can I Get an Installment Loan?

Life is unpredictable, and at any time you may need additional funds to cover unforeseen expenses; such as car and home repairs, medical emergencies, and holiday bills. Speedy Cash understands that financial shortfalls can come at times when you least expect them, so we're committed to making your loan process easy, fast, and friendly. That's why we offer three convenient ways to apply for an installment loan - online, by phone, or in Speedy Cash stores.

To qualify for an installment loan, you must meet the following requirements:

At least 18 years of age
Not an active member (or a spouse or dependent of an active member) of the Armed Forces
Earn at least $400 per month

Apply Online 24/7

Speedycash.com is open 24/7 for your convenience! Customers in California, Illinois, Missouri, New Mexico, and Wisconsin can apply for an installment loan online any time of day or night - even when traditional banks and other lenders may be closed. Our quick, no-fax application process takes only minutes to fill out - and you'll instantly see how much money you've been approved to borrow! Once approved, select the amount of money you'd like to borrow and your funds will be deposited directly into your bank account - Bank of America customers will get funds deposited into their account in as little as two hours, other banking customers will have funds deposited within one business day.

Apply By Phone

We are available 7 days a week to complete your loan application by phone. Applying takes only minutes, and you will instantly get an approval decision. To apply, call us toll-free at 1-888-222-1014. Our customer service representatives will ask you a series of questions to apply, will provide you with an instant approval decision, and your funds will be directly deposited into your bank account - Bank of America customers will get funds deposited into their account in as little as two hours, other banking customers will have funds deposited within one business day.

Apply In Store

Installment loans are offered in our California, Missouri, and Nevada stores. With extended store hours, you can even apply nights and weekends. Our customer service advocates are readily available to walk you through the application process, help you determine an appropriate loan amount, inform you about the repayment process, and assist you with any other financial needs - such as cashing checks or selling your gold for cash.

What Do I Need To Apply?

• Valid checking account • Steady source of income • Working telephone number

Have questions about installment loans? We want to help!
Call us toll-free at 1-888-333-1360 or email us at customerservice@speedycash.com.
*Length of installment loans vary by location and are subject to approval.