The companies listed below provide installment loans online to consumers all throughout the US. We’ve tried to point out the specific states that each lender does or does not offer online loans in, so be sure you live in an approved state before applying for loan.
This directory of direct installment loan lenders was last revised in May 2016.
Avant is a huge company that offers high dollar installment loans online loans all across the country. Because of this you generally need a decent credit history to be approved for a direct installment loan with them. They’ve funded well over 50,000 loans and claim to have a quick and easy application process with next day ACH deposit of funds if approved. Lastly, you’re able to rebuild your credit when you take out a loan, as on-time payments are reported directly to the credit bureaus. Avant currently offers direct installment loans of up to $20,000 in every state EXCEPT: Colorado, Iowa, Maryland, Massachusetts, Nevada, New York, Oklahoma, and West Virginia.
Payday Direct may have the word “payday” in their name, but they also offer bad credit installment loans online all throughout the US. In order to be pre-qualifed for a loan you need to be currently employed and make at least $1000 a month with an active active checking account. They’re usually able to work with you on an extended payment plan or smaller loan amount if you have bad credit or past loan defaults. PaydayDirect currently funds online installment loans in all states EXCEPT: Arizona, Georgia, Maine, New York, Pennsylvania, Vermont, Virginia and West Virginia.
Cash Central is a longtime lender that just recently started offering direct installment loans online. These installment loans will generally last at least six months and require you to make monthly or bi-weekly payments. Cash Central is generally viewed as a top online lender to work with if you have average credit. Their application process is entirely online and they claim to have 24/7 customer service support. Cash Central is offering online direct installment loans and payday loans of $750 to $5,000 to consumers in the following states ONLY: Alabama, California, Hawaii, Kansas, Louisiana, Minnesota, Mississippi, Missouri, Nevada, New Mexico, Oklahoma, South Carolina, Tennessee, Texas, Utah, Washington and Wisconsin.
NetCredit is an online company that’s been funding online installment loans for years. If you have bad credit it may be tough to get a loan with them as they’re geared more towards the near-prime credit consumer who may be looking for a high dollar loan. They have a completely online application process and don’t charge any fees for an early loan payoff. You’ll only pay back the principal loan amount and finance charges. They also report your payment activity to the credit bureaus, therefore you can build a positive credit history with a NetCredit online installment loan. At this time NetCredit funds unsecured installment loans online of $1,000 to $10,000 to consumers in the following states ONLY: Alabama, California, Delaware, Georgia, Idaho, Missouri, New Mexico, South Carolina, Utah, Virginia, and Wisconsin.
CashNet offers installment loans online of up to $3,000 to consumers all throughout the country. Once approved for a loan you should expect funds to be deposited into your account within 24 hours. They also offer a prepayment option where you can pay back your installment loan at any time without prepayment charges. CashNetUSA offers direct installment loans online in the following states ONLY: Alabama, California, Delaware, Florida, Hawaii, Illinois, Kansas, Louisiana, Maryland, Michigan, Missouri, Mississippi, New Mexico, Ohio, Oklahoma, Rhode Island, South Carolina, Texas, Tennessee, Utah, Virginia, Washington and Wisconsin.
Are you having trouble getting an installment loan from the lenders listed here? Keep in mind, installment loans are generally issued to consumers with fair to good credit. Installment loans are typically high dollar loans and they’re paid off over a matter of months or years instead of just weeks with a traditional payday loan. If you’ve been denied more than once for an installment loan you may want to check out: OneClickLoan. They have a huge network of direct installment lenders and they can usually find you a loan of anywhere from $500-$10,000 with a repayment term of up to 36 months.
CashAdvance.com offers online installment loans and online cash advance loans. Depending on the state you live in they may not require a credit check if you’re pre-qualified for an installment loan. Even if you require a credit check and are found to have bad credit they can usually work with you on facilitating a smaller loan amount. They’ve funded well over 50,000 loans and claim to have a quick and easy application process with next day ACH deposit of funds if approved. Lastly, you’re able to rebuild your bad credit with their loan as on-time payments are reported directly to the credit bureaus. CashAdvance currently offers direct installment loans of up to $20,000 in every state EXCEPT: Arizona, Arkansas, Connecticut, Georgia, New York, Maryland, Massachusetts, New Jersey, North Carolina, Pennsylvania, and West Virginia.
As the name of the company says, MyPaydayLoan does not provide installment loans online. Instead, they offer direct payday loans to consumers with bad credit all across the country. While many consumers come to our site looking for a direct installment loan they sometimes come to find out they’re better served by taking our a direct payday loan. This option may be better for you if you have bad credit or poor credit and/or if you’re looking for a quicker payoff time and/or a smaller loan amount. You can’t have any delinquent payday loans from the past two years and you must have an active checking account in order to be approved for a loan. Mypaydayloan will not accept savings accounts or pre-paid accounts. Mypaydayloan offers direct payday loans of $200 to $1000 in the following states ONLY: Alabama, Alaska, Arizona, California, Idaho, Indiana, Iowa, Louisiana, Missouri, Nevada, New Jersey, New Mexico, Ohio, Oklahoma, South Carolina, Tennessee, Texas, Utah, and Washington.
LendUp has been offering direct installment loans online for just under year, and as CNN says, “They’re already shaking up the personal loan industry”. LendUp promises an instant approval process where you’ll find out in less than five minutes if you were approved for a cash advance loan. They claim you’ll be able to set your own payoff terms while rebuilding your bad credit as well. Most LendUp customers are able to borrow anywhere from $250 to $1,000. At this time LendUp provides installment loans online to consumers in the following states ONLY: Alabama, California, Hawaii, Illinois, Indiana, Idaho, Kansas, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, Oregon, Texas, Tennessee Washington, Wisconsin & Wyoming.
Check City offers online direct installment loans online of up to $2,500. They also have dozens of retail storefronts throughout the Western US where you may be able to get your cash that same day. In order to qualify for their installment loans, Check City requires you to have proof of steady income as well an active checking account. Having bad credit won’t disqualify you for a loan but you can’t have any outstanding payday loans or have been in default on a payday loan within the past year. As of June 2015 Check City is only offering online installment loans in Nevada and Utah.
Springleaf has been offering direct installment loans online for years. It seems that you can receive your funds within 24 hours and sometimes that same day if you live near one of their retail locations. In order to be approved for an online installment loan you will need a credit score of at least 600. Springleaf is currently offering online installment loans of $1500 to $10,000 (depending on your state). Springleaf offers loans in the following states ONLY: Alabama, Arizona, Colorado, Indiana, Louisiana, New Jersey, North Carolina, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Virginia, Washington, West Virginia and Wisconsin.
Check ‘n Go is a well known nationwide direct lender. They specialize is short term loans such as payday loans and cash advances, but they recently made a large push to offer online installment loans. With a Check ‘n Go installment loan you can get anywhere from $2500 to $5000 and pay it back anywhere from 3 to 12 months. It looks like they’re only offering online installment loans in California, Texas and Ohio, but that may change later this year. Check ‘n Go claims the application process takes place entirely online and you can have funds wired to your bank account by the next business day.
CashLoanWebBank is not a direct installment lender or direct payday lender. Instead, they work with over 200 companies that fund direct installment loans and can usually find you a direct installment loan or direct personal loan regardless of your past credit history and/or past loan history. Their network of direct lenders that offer installment loans online will typically fund a minimum loan of $300 and you can generally expect a payoff time of anywhere from 30 days to a matter of months. They also claim you will get an approval notification in less than 5 minutes.
We’re constantly updating this directory of installment loans online direct lenders. Be sure to check back at least once a week to see if any new direct lenders have been added to our list.
Do you have any questions or comments regarding our website or installment loans in general? Do you know of any companies who offer installment loans online that are missing from out database? If so feel free to shoot us an email at: firstname.lastname@example.org. We’ll try to get back to you within 24 hours!