Could I be eligible for an installment loan?
To be eligible for an installment loan with many loan providers, you generally need certainly to:
- Have actually verifiable earnings. This does not suggest you have to be used, to numerous need you to have at the least a part-time task. Some loan providers accept Social Security, pension and alimony as earnings.
- Have actually a dynamic bank checking account. In the event that you don’t have a bank checking account, you’ll often obtain a money installment loan from the brick-and-mortar storefront.