Installment Loan FAQ

Is There A Limit On The Amount Of Installment Loans I Can Borrow?

When it comes to installment loans, the amount you can qualify to receive depends on a number of different factors, including income level, state of residence, and other underwriting criteria.

  • Income Level
    Installment loans are income-based loans, which is why lenders will request proof of steady employment. How much you earn will determine the initial amount you are able to receive. This keeps your installment loan from exceeding the amount you can afford to repay.
  • State of Residence
    Installment loans are only available in select states. To see a list of states where installment loans are available, click here.