woman happy learning about installment loans

5 Reasons People Are Getting Installment Loans Online

Have you ever considered taking out an online installment loan to help tackle a financial emergency? At Carolina Title Loans, Inc., we understand that unexpected expenses can cause concern, which is why we offer a streamlined process for securing installment loans online.

Understanding when and why to take out an online installment loan can often seem challenging. However, our brief guide will simplify the process by sharing the top five reasons for getting installment loans online.

Crucial Reasons People Choose Installment Loans Online

Online installment loans can be a valuable resource for those needing quick emergency money. But why do people choose these loans over other options? We've outlined some of the critical reasons below to help. However, the decision is entirely yours, so make sure you've considered the following reasons first.

1. Ease

One of the primary examples of why people choose title loans is ease. After all, every one of us leads busy life these days, leaving little time to seek out financial help.

Thankfully, applying for installment loans online is quick and can be done in as little as thirty minutes. Our experts will be there as much as possible to guide you through the process, too!

This makes them hugely valuable options for individuals struggling to find a way to source a loan without spending hours on paperwork, credit checks, and the like. Better still, you can start your inquiry online, which makes it easier than ever.

At Carolina Title Loans, Inc., our trusted representatives provide the full support and attention you need to understand the process. We ensure you know what’s required for the loan, answer any questions, and help complete the application. It’s that easy!

2. Bad Credit Can Qualify

Speaking of credit checks, that's another major perk of installment loans online. Do keep in mind that we will check your credit, but that doesn't mean you'll be automatically turned away if you've been struggling to find a suitable lending option with a poor credit score. At Carolina Title Loans, Inc., we welcome borrowers from all credit backgrounds!

woman looking into getting installment loans online

It's also worth noting that repaying an installment loan on time allows you to get back to paying off your other debt. And, as you probably already know, repaying debt is a great way to have your credit improved. So while this loan isn't designed to fix your credit, it may actually help your credit a bit.

Late repayments are among the most commonly damaging factors regarding your credit score. Keep this from happening; get all payments in on time to prevent a mark on your credit score.

3. Useful For Emergencies

Life doesn't always go to plan. As such, installment loans online may be helpful if you find yourself in an emergency. This could be a hospital bill, a sudden electric works invoice, or another urgent expense. We proudly offer an emergency solution of up to $1,500 in value. As such, if you are searching for urgent money, we're here to help.

4. Flexible Repayment Schedule

One advantage of installment loans online is that they allow you to repay the loan in smaller, more manageable amounts. In contrast, payday loans often require you to pay back the loan by your next paycheck. Similarly, title loans are usually expected to be repaid within a month.

Unlike these loans, installment loans can be repaid over more extended periods of time, often lasting several months — depending on your loan agreement. This flexible repayment schedule can be helpful for borrowers who need a little extra time to repay the full loan amount after a financial emergency.

5. Quick Process

At Carolina Title Loans, Inc., getting installment loans online is quick and easy. Here’s how our process works:

  1. Fill out our online inquiry form.
  2. Our trusted representative will give you a call to discuss the required items and answer any questions you may have.
  3. Bring the following required items to your nearest Carolina Title Loans, Inc. store:
    1. Identification-Driver’s license or government-issued ID
    2. Checking Account-Your most recent statement from an active checking account in your name
    3. Proof of Income-Your most recent pay stub
  4. Our representative will review your documents and determine your eligibility for the loan.
  5. If approved, you will receive your emergency money that same day or the following business day.

woman happy about getting installment loans online

Find The Right Installment Loans Online With Carolina Title Loans, Inc.

If the abovementioned reasons could be worthwhile, getting installment loans online is incredibly straightforward. In many cases, it's possible to start your application in as little as thirty minutes, and payments should be received by the next working day.

As such, to get the ball rolling, use our installment loans online inquiry form to see what options are available; a member of our friendly team will get back to you as soon as possible. We're here to assist you in finding the perfect lending option and matching you with suitable installment loans online.


Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

Daniel Dewitt

Daniel Dewitt is a lifetime blogger with a finely-honed ability to break down, analyze, and interpret economic trends for the layman. He's fiercely invested in spreading financial literacy and helping everyday people gain the tools they need for their own economic success.