FAQs

Navigating your loan journey can be difficult and even scary sometimes. But we want to make things as easy as we can.

Here, you’ll find commonly asked questions along with helpful answers and guidance.

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An installment loan is generally a longer-term loan that can provide customers with more funds than a payday loan, along with a longer repayment period. Once you complete our application process and if you are approved, you will receive one lump sum dispersal of funds, which you will repay according to your scheduled repayment terms.

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To apply for an installment loan from Check Into Cash, you will need to bring the following items:
  • Valid government-issued photo ID
  • Proof of income
  • Proof of your open and active bank account
  • Social Security Number/ITIN
  • Direct deposit information
  • Your most recent bank statement
  • Additional information may be required during the application process.

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    A payday loan is a short-term loan designed to help consumers bridge the gap between paydays. Installment loans, on the other hand, are meant for longer-term financial needs, generally offering a larger loan amount with a repayment period that can extend weeks or months. Rates are traditionally higher on payday loans as opposed to installment loans.

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    The due date for your installment loan depends on the terms of your approval. Generally, payments are made either biweekly or monthly. For more specific details regarding repayment, please contact your local Check Into Cash or see your loan agreement.

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    Installment loans can be used for a variety of purposes, such as paying medical bills, handling urgent home maintenance, or financing car repairs. An installment loan can be ideal when you need cash urgently, and when a payday loan doesn’t provide enough funds to meet your needs.

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    Yes, you can pay off your installment loan early without incurring any additional fees.

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    After submitting your application, a decision regarding your approval is typically made within a few minutes.

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    If your application is approved, you may receive your funds the same day.

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    No, unsecured installment loans from Check Into Cash do not require collateral.

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    With a Check Into Cash installment loan, you may qualify for an amount ranging from $50 to $5,000, depending on your state and qualifications.

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    Yes, an installment loan may be an excellent option for financing larger purchases, such as replacing an appliance or covering costly car repairs.

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    Applying for an installment loan is simple. Start your application online and complete it at your local Check Into Cash location. You can also apply in person at your local Check Into Cash location. If approved, you could receive your funds the same day.

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