Pre Approved Installment Loans

By: George Paunov

Pre Approved Installment Loans |‌ Paydaynow

The rapid rise of internet connectivity has led to loan providers creating easy-to-use, reliable online platforms that allow applicants to connect with them. Brokers often partner with lenders to offer their clients the best terms. Below is a list of five lenders that offer pre approved installment loans. This will save you time and effort.

  • VivaPayday loan Pre-approved installment loans with high acceptability
  • Credit Clock – Best for low APR installment loans
  • Money Lender Squad – Best for all credit types
  • Very Merry Loans – Best for larger loans
  • Heart Paydays – Best for quick decisions

How do I get pre-approved for an installment loan

No matter which broker or lender you choose, the application process for guaranteed installment loans works the same. Sites should be easy to navigate and contain all relevant information. Let’s take Viva Payday Loans as an example of how to describe the application process.

  1. Visit the Viva Payday Loans website – The homepage has an easy-to-understand layout. Click the “Apply Now” button at the top.
  2. Complete the application form. The application will be sent to you via email. Fill in your details. To continue, you will need to enter your desired loan amount as well as an email address. Please enter your name, bank details, and a summary of your monthly expenses.
  3. Viva Payday makes it simple to apply for a loan. In less than two minutes, you will receive your decision. Your broker will notify you once your application has been approved. The broker will inform you within minutes. Don’t leave your computer screen!
  4. The loan will be sent to your email.Viva Payday Loans will let you know if your application has been approved. A loan agreement will be sent to you by the lender in their network. Before you sign any contract, make sure to read the terms and conditions. Once the agreement is signed, the lender will transfer funds to your bank account.

If you are having trouble getting your loan approved, many brokers and lenders can help. These lenders do not run credit checks and are often entirely anonymous. These lenders won’t affect your credit score.

What are pre-approved Install Loans (Patent Approved)?

Pre-approved installment loans can be paid off quickly and at guaranteed rates. These loans can be paid back in as little as 7-30 days. Lenders can extend loans up to three months, depending on the amount. These loans are temporary and only good for a short time. Lenders may limit your ability to borrow pre approved installment loans to provide quick financial relief.

These loans are often for people in financial difficulty, have low credit scores, or have poor credit histories. These loans are only legal in 32 states. Rest are illegal.

Pre Approved installment loans are a viable option for those who have exhausted all other options. The eligibility criteria for loans are very strict at banks and traditional financial institutions. This includes having higher credit scores. These pre-approved loans are specifically made for these situations. The loan can be used for any purpose you wish.

Pre Approved installment loans can be used to pay for essential expenses like utility bills, groceries, and replacements of broker appliances. You can also pay unexpected bills.

Review: The Best Pre-Approved Installment Loans

We have decided to examine each pre approved loan provider to expand our database separately.

Viva Payday Loans

Viva payday loans are a great option if you need quick cash with high approval rates. Viva Payday Loans provides installment loans to people with poor credit. The loan terms range from $200 to $5000 and can be extended for 24 months. It’s easy to apply. You will receive a decision in seconds.

Once the broker has approved you, they will direct you to the lenders who transfer funds into your account. Lenders may ask you for proof of income and proof that your residence is legal. After you have read the terms and conditions, sign the loan agreement. 

The amount of the loan will be deposited into your bank account. Your bank will automatically debit the monthly installment amount.

The lender that provided the loan will determine the rate of interest that Viva charges. The APR ranges from 5.99% up to 35.99%. This rate is compatible with lenders like Rising Credit and LendUp.


  • Viva Payday Loans offer same-day payment options.
  • A broker can offer loans starting at $200 and ending at $5000.
  • Approval takes about 2 minutes, while the application takes around 5 minutes.


  • Viva Payday Loans are not available in all states., a well-known broker offering bad credit loans, is available. The loans can be applied online without the need to visit a physical location. Register online in just five minutes and complete the application form. Online submissions are possible to submit your loan application. is well-known for its fast loan disbursement. Some cases may take up to 24 hours, while others may be completed in 60 minutes. This lender has the highest approval rate of all the lenders. Even if you have poor credit or are unemployed, you can still apply for a loan.

Borrowers of are eligible to receive a maximum loan amount of $5000 for 24 months. Lenders may offer APRs as high as 35.99%. This applies to compatible lenders like ACE Cash and LendUp.


  • There is no need to fill out paperwork.
  • The disbursement process can take up to 60 minutes.
  • Within 24 hours, you can pay


  • Some loans made through are costly.

Very Merry Loans connects borrowers to US-based lenders. Apply for a loan in minutes and receive a guaranteed loan the same day. The loan process takes 60 minutes. The broker matches applicants to U.S. lenders and chooses the one most likely to pay. offers loans that amount from $200 up to $5000. You can choose the amount that is most convenient for your needs. The APR can be as low as 5.99% to as high as 39.95%. You can use it with CashNetUSA lenders.

Very Merry Loans requires that applicants be at least 18 years old and have $1000 in annual income. You will need to provide your identity and address.


  • Poor credit borrowers who are unemployed can apply for Very Merry loans
  • On request, repayment periods can be extended
  • The loan amount can range from $2000 to $5000


  • A 30-day loan could have high interest.

Money Lender Squad offers loans at low APRs in the U.S. with no guarantors. Instant approval can be obtained for installment loans at rates as low as 36% or as high as 400%.

The broker can provide a simple application form. It takes only a few minutes. Just fill out the form and click “Submit.” The automated system will find the best lender for you and return the results within minutes.

Money Lender Squad works closely alongside lenders such as OppLoans and rising Credit.


  • Poor credit borrowers who are unemployed can apply for Very Merry loans
  • On request, repayment periods can be extended
  • The loan amount can range from $2000 to $5000


  • Your credit score determines the interest rate. Lower credit scores are eligible for higher interest rates.

Credit Clock guarantees loans amounts of $200 to $5000. Credit Clock is known for its easy application process and high approval rate. It processes applications in just five minutes and guarantees duplicate day payments.

Low credit score applicants can apply for Credit Clock. There is also greater flexibility. Only 18-year-olds are eligible, as well as those who earn $1000 per luna.

The Credit Clock loan is not available to permanent US citizens. The APR for these loans is between 5.99% and 35.99%. Lenders may charge higher fees. These fees can be combined by OppLoans and GreenDay lenders.


  • Borrowers with bad credit are eligible for this loan.
  • Most lending applications are approved within 2 minutes.
  • You can get same-day guaranteed loans within 24 hours


  • You should make at least $1000 each month

Pre-approved Installment Loans: Features

These are the steps that you must take to repay your commercial or personal loans in equal installments. This is known as “Instalment Loans,” and it’s how debtors repay their loans. The debtor will have to pay both an interest rate and a percentage of capital for each installment.

Regular installment loans have low interest and flexible terms. There are also risks of losing collateral and taking on more risks. Pre Approved installment loans are riskier because lenders take on greater risks.

These are the most important points to consider when applying for a secured, pre-approved installment loan.


Installment loans are not available for those with poor credit ratings. These loans are usually very costly and can only be used for a small amount. It is important to determine if you can afford the loan. Your monthly budget will determine this.

High default costs

To avoid default, you must pay your debts immediately. Failure to pay your debts on time could result in legal action, forced payments, and even the involvement of collection agents.


Real-time mapping displays how much interest you will pay and how much money you can borrow.

Credit Score

Customers with good credit ratings are preferable to traditional moneylenders. They evaluate the borrower’s income and assets as well as any loans. These loans are suitable for those with low credit scores, as they don’t require high credit scores.

If they can improve on the above, they will be more likely to get pre approved loans with reasonable terms.

Advantages and disadvantages of pre-approved installment loans

Pre-approved installment loans are available

  1. Flexible
  2. Personalized according to the borrower’s needs for the loan amount
  3. You can choose the loan repayment plan that suits you best.

For long-term installment loans, lenders might charge interest rates that are higher than the market rate. Fixed interest rates are not affected by market standards. Higher interest rates may be possible for long-term installment loans.

These are the main benefits and drawbacks of pre-approved installment loans:

The advantages are for you


Online loan applications are now easier than ever. The whole process takes less than one hour. Even if your credit score is low, you can still apply online for personal loans.


There are many options for installment loans. Installment loans are available to finance your car, home, education, and other personal expenditures.

Improves your credit score

It’s possible to raise your credit score and build a solid credit history.

Accepted Easily

Particular installment loans can be approved for those with bad credit without any hassle. You can complete the entire process online and only need to fill out minimal paperwork. Lenders will do everything possible to ensure that the loan is made available to as many applicants and as many people as possible.

There are some drawbacks.

Nevertheless, all installment loans come with minimum risks, which are more of a debtor responsibility than is a disadvantage. Before applying for a loan, here are some things to remember.

For those with bad credit ratings or current mortgages, the loan terms and fees can be costly. The contract states that the loan amount must be paid in full by the due date. 

Failure to pay the installments can result in lower credit scores and credit history. You may be tempted to borrow more than you can repay. These actions can damage your reputation and cause legal problems.

Eligibility Criteria

People with bad credit are more likely to be approved for installment loans by pre approved lenders. They will do everything possible to make sure everyone has access to line credit. These are the most important eligibility requirements.

  • You must be at least 18 to apply for these lenders
  • You must be a legal resident of the United States.
  • For a minimum of $1000 per month, proof of income must be presented
  • A government-issued ID is required.
  • Additional documents such as proofs of address, payslips, and bank statements may be required.
  • A United States Bank must maintain an active account.

Apply Process

Installment loans are attractive to those with bad credit because of the simplicity of their application process. Brokers and lenders within the industry support this. Viva Payday Loans demonstrates how almost all payday loan providers will accept the same application.

1. Go to Viva Payday Loans

Call a trusted lender to get started.

2. Choose your loan amount & term

This form allows you to request information about the loan amount and repayment terms. With a maximum loan amount of $5000 and a repayment term not exceeding two years, you can apply in any state.

3. Submit your application

After you have decided on the amount you want, you can start filling out the form. Wait for confirmation. In just minutes, you can determine your eligibility for a loan.

The broker will protect your privacy. The broker will keep your information confidential. After you submit the loan request, the lender will transfer the amount into your account.


How do I determine if an installment loan pre approved would be the best for me?

Pre Approved installment loans are a good option if you only have a little money to repay. If you have an emergency, you can still apply for a loan. Don’t apply for an installment loan if you have poor credit ratings, financial problems, or bad credit ratings.

Why is the APR for pre-approved installment loans so high

The annual percentage rate, or APR, is the amount you’ll have to pay to get a loan. This includes the interest rate as well as any fees associated with loan applications. 

Pre-approved installment loans don’t require credit checks. Pre-approved lenders for installment loans do not require credit checks. Pre-approved installment loan lenders don’t require credit checks. 

Lenders have difficulty assessing creditworthiness for applicants without pre-approved installment loans. Lenders charge an average APR of between 20 and 30 percent to cover this additional risk. If you can repay your loan on time, you will save substantial interest.

If your credit is good, you can get pre-approved installment loans.

Many payday loans and bad credit lenders have simple criteria that allow credit-challenged applicants to apply for loans. Anyone with a FICO score of 600 to 620 can apply for this loan. 

This loan is much lower than traditional banks. These loans are available for FICO scores between 500 and 600 and fall under the “poor” category.

How can I increase my chances of getting pre-approved for an installment mortgage?

You have many choices when it comes time to borrow money. Because of their working relationship, direct lenders might be more advantageous. Your chances of getting approved for a loan are lower. 

Trusted brokers can help you find the right lender to meet your needs. This is a hassle-free and time-saving alternative to applying to each lender separately. To find the lowest rates online, you can search one website. You must have sufficient cash to repay the loan if you don’t want to go into debt.


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