3 Problems an Installment Loan Can Help You Solve TodayMoney problems are all too common. This is especially true for working adults who struggle to maintain any savings. Living paycheck to paycheck is typical but it can also be a problem. When you have these money situations, like the ones below, do you have a plan? Try payday loans, and in particular try the installment loan option for quick, easy cash that you can repay at your convenience.
1. Your bank account is empty, and payday isn’t for a five more days, use an installment loan.
This happens all the time. You’ve used up your last paycheck, but the next payday is still days away. To cover the expenses until then you can rely on payday loans. The small amount of cash you can get from these loans will cover groceries and other weekly costs you have. You can repay the loan in full on your next payday or you can choose an installment loan to get a more flexible repayment plan.
2. Your car broke down and you can’t get to work until it’s fixed, but payday loans can help.
Emergency expenses are especially challenging when you don’t have any savings. These kinds of unexpected costs can just ruin your finances. And if your car breaks down and you can’t get to work and earn money, the hole gets even deeper. Payday loans provide cash in 24 hours or less, so you can get the money to pay the repair bill and get back to work sooner.
3. Use an installment loan when rent and phone bills are due but you don’t have cash for both.
An installment loan or more standard payday loans can be useful when you have bills that are due but not enough cash to cover them all. Things like rent and phone bills can be especially important to cover so you don’t get evicted or lose contact with the rest of the world. The cash from these loans is quick and easy to get approved for, so you don’t have to worry about getting turned down or waiting on the money for too long.
How to Get and Use Installment Payday Loans
To get access to these helpful loans, you only need to go online. You’re busy dealing with work, life, and family, but this kind of loan takes just minutes of your time, and at your convenience. You can apply through the website or a free mobile app. It takes a few minutes to apply and less than two minutes to get an answer from a lender, so you can get on with your life.
Approval is simple, and you don’t have to have a great credit score. Once approved you will get cash transferred to your bank account so you can use it as early as the very next morning. For repayment of an installment loan, let your lender deduct what you owe each week from your bank account until the loan is fully repaid and you’re debt free once again.
For more information about Green Leaf Loans, the products and services they offer, and how to apply, please visit GreenLeafLoans.com