1. What is an Unsecured Short-Term Installment Loan?
  2. What can I use a loan for?
  3. What are the requirements for approval?
  4. How much will this cost?
  5. What documents do you require me to fax in?
  6. When will I hear from you?
  7. How do I repay the Unsecured Short- Term Installment Loan?
  8. How do I know that the amount you withdraw from my account is the amount you say?
  9. How do you determine the amount of money to loan me?
  10. How do I determine my due date?
  11. Can I pay my loan back early?
  12. I'm in the military, can I get a short-term installment loan

What is an Unsecured Short-Term Installment Loan?

An Unsecured Short-Term Installment Loan is, as the name implies, an unsecured loan made to you for a short period of time, which is intended to be repaid in installments and designed as an easy way to get cash into your account when you need it most.

 

What can I use a loan for?

You can use the loan for car bills, phone bills, or whatever you want.

 

What are the requirements for approval?

You will need to have a valid checking account for at least three (3) months and be at your current job for at least three (3) months.

 

How much will this cost?

Costs will vary depending on the loan you qualify for.  Call us for more details.

 

What documents do you require me to fax in?

In some instances, it may be necessary to fax us your pay stubs and/or your most recent bank statement.

 

When will I hear from you?

After completing the online application, we will contact you by phone within one hour about the status of your loan. You can also call us immediately after completing your application at 773-778-2622

 

 

How do I repay the Unsecured Short- Term Installment Loan?

You can either repay your loan in full on your stated maturity date, or anytime before without any prepayment penalties.  Interest will accrue and be deducted on your payroll, dates until the loan is paid in full.

 

How do I know that the amount you withdraw from my account is the amount you say?

As an Unsecured Short-Term Installment Lender, we are subjected to applicable laws and regulations that regulate our lending practices. We are licensed by the state of IL. The amount we withdraw from your account will be the amount that you have authorized.

 

How do you determine the amount of money to loan me?

The amount that we will loan you is generally dependent on several factors most importantly your monthly income.

 

How do I determine my due date?

We can help you with this, please call and we can go over your payment schedule.  Generally your interest payments will be deducted on your payroll dates.

 

Can I pay my loan back early?

Yes, however you must contact us four (4) business days prior to your due date to let us know that you want us to debit your account for the full loan amount. Of course you may also walk in a cash payment at any time.

 

I'm in the military, can I get a short-term installment loan?

On October 1, 2007, a new federal law became effective that severely limits the terms under which we can loan to active duty members of the military and their spouses and dependents. As a result, we are no longer able to offer unsecured short-term installment loans to our military customers.

 

We are honored you have chosen us as your lender.
Thank you for the opportunity to serve you.