About Us

Many individuals are learning that applying for personal installment loans in Chicago, IL are a quick and secure way to obtain the funds they need. South Side Installment Loans help people to get the much-needed cash fast, to improve their lives every day.

Installment loans Chicago are available online by filling out a short application with your full name, phone number, Email, and zip code. A professional representative will then get in touch with you to finish the approval and give you a quote on your loan. Online South Side Installment Loans will help you get your finances in order and manageable. Online Chicago personal loans are quick and easy to fill out.

South Side Installment Loans Chicago, Illinois have helped many people to obtain the big-ticket items that they desire. Individuals can use an installment loan and pay monthly on their purchases or services to improve their home, pay down other high-interest credit cards, get car repairs done, or get the cash needed to enjoy a well-deserved vacation.

Reasons Personal Loans in Chicago are Right for Individuals:

  • They get the money fast for large repairs or purchases
  • Buy a new TV
  • Pay off tuition fees
  • Do not have to pay off the loan all at once
  • Build up a good credit rating
  • Fix bad credit history
  • Can apply for large loans without good credit
  • Improve your credit score with on time payments
  • Show other lenders you have good credit habits

Many individuals think they you have to have a steady job to get Chicago personal loans. This is not the case. People with Social Security and pension incomes can get Chicago, IL installment loans for their needs. One of the best things about Chicago installment loans online is that you can use the money for any reason.

Having just one major financial disaster happen in your life can eat up all your savings. No one can predict what will happen on a day to day basis. Your budget can get hit and put out of whack with just one problem cropping up all of a sudden. That is when personal installment loans Chicago come in handy. Your emergency does not have to ruin your finances.

More than 50% of Americans live paycheck to paycheck. With the help of South Side Installment Loans, Americans can get help with online personal loans Chicago 24/7, and keep their budget on schedule. When you stop to look at it, it is better to pay on personal loans Chicago, IL at $100 a month for 6 months, than it is to have to shell out the whole $600 at one time.

image

Benefits of Installment Loans

Chicago installment loans online are popular for people who have unexpected expenses. Medical bills come up at any time in our lives, needed car repairs and expensive purchases that are needed, are just some of the reasons for Chicago personal installment loans. It is a great way to get the funds you need without a credit check and have the money in your account in a matter of days.

Fast approval will get the funds into your account in just one business day. You will be able to apply for Chicago personal loans online through your PC, your phone or a tablet that has an internet connection. The account information you give on your loan will be used to deposit your loan money directly into that same account. Once your installment money is deposited into your account, you can withdraw it from any Chicago ATM.

Another great benefit of installment loans in Chicago, IL is that the interest rate is a fixed amount. The loans are flexible and you have the opportunity to take out just what you need so your monthly budget is not harmed. If you want to pay off the loan in a shorter time span, then you would request a larger payment. If you need a smaller payment, then you would request a longer length of time for repayment.

Lenders of installment loans can give you larger loans than payday loans because they can offer longer repayment schedules. You will be able to cover the costly expenses of repairs better by having more time to pay back the loan. Getting a larger loan will also help you to cut down on your expenses of having multiple loans to repay from earlier debts.

There Is a Big Difference Between Types of Loans in Chicago, IL:

Payday Loans

Payday loans do not have a fixed rate of interest, and they can end up ruining a person’s budget. Unlike installment loans Chicago, payday lenders can charge 300% and more, which will cost the person borrowing the money five times the amount of what he or she borrowed. People think a payday loan will be able to keep them going until their next payday, but in the end, they end up more and more in debt.

Title Loans

Title loans will require the person to put up something in collateral. A title for their car, home or some other item that will cover the cost of the loan. If the borrower is unable to pay the loan back, then whatever they put up is forfeited. South Side Installment Loans do not require any collateral.

Unsecured Loans

Unsecured loans are given to people on their word that they will repay the debt. Lenders take into consideration your credit history and your credit score. If you are found to have a poor history or low credit rating, you may not get the loan. If you do get a loan, it will be high in interest.

Secured Loans

Secured loans are guaranteed by what you put up for collateral. You will have to give the lender some ownership of whatever collateral you put up for the loan. If you do not pay the loan back, they can foreclose on the property or take your car or take whatever collateral you offered.

Chicago installment loans are given without great detail focused on a person’s credit history or score. Lenders of installment loans look at a person’s financial behavior and how well they have handled their repayment of loans and current bills. Individuals without perfect credit can obtain personal installment loans Chicago, IL.