The easiest installment loan to get approved for is a personal loan with no credit check because the lender doesn’t perform a hard inquiry into your credit history. The best no credit check loans are from 60MonthLoans because the company offers loan amounts of $2,600 - $10,000 and an APR as low as 19.24%.
Easy Installment Loans to Get
|Provider ||APRs || |
|36% maximum || |
$300 - $12,000
6 - 46 months
|60MonthLoans || |
19.24% - 69.5%
$2,600 - $10,000
|36% - 155% (varies by state) || |
$500 - $10,500
6 - 60 months (varies by state)
|59% - 160% || |
$500 - $4,000
Up to 18 months
|RISE || |
60% - 299%
$500 - $5,000
up to 26 months depending on the state
99% - 300%
$500 - $3,000
6 - 18 months
Other types of installment loans that are easy to get include secured personal loans and credit-builder loans, among others.
To get a secured personal loan, you need to put up something as collateral, such as money in a savings account or a vehicle. These loans are easy to get because they are low risk for the provider. If you do not repay the loan, the lender can keep the collateral.
With a credit-builder loan, the lender puts money into a savings account for you. You’ll then make payments that add up to the amount in the savings account, plus interest, until the end of the loan term. When the loan period ends and you’ve made all your payments, the lender will give you the money in the savings account.
Finally, your friends or family members may be willing to lend you money with flexible loan terms. You risk damaging your relationship if you don’t repay the loan, though.
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