Am I able to be eligible for an installment loan?
To be eligible for an installment loan with most lenders, you generally want to:
- Have verifiable earnings. This does not suggest you have to be used, to numerous need you to have at the very least a part-time task. Some lenders accept Social Security, pension and alimony as earnings.
- Have a working bank account. You can sometimes get a cash installment loan from a brick-and-mortar storefront if you don’t have a checking account.
- Present government-issued ID. Loan providers might ask to see your driver’s license to confirm that the age is met by you demands.
- Reside in a state that is eligible. Numerous installment creditors don’t lend to residents of all of the 50 states. Make sure to find one which runs lawfully in yours. More