What is an installment loan?

An installment loan is a loan that typically offers larger loan amounts than a payday loan, with the ability to make regular payments over a period of time until the loan is paid off. People use installment loans for a variety of reasons – to consolidate bills, buy a vehicle, cover unplanned expenses or take care of other money needs.

At Check `n Go, we offer installment loans as an option for customers who need a larger loan amount and more time to pay it back than a payday loan can provide. Typically, Check `n Go installment loans are paid off over a three- to 18-month period. Currently, installment loans from Check `n Go are available online in certain states and at store locations in Illinois. Another type of installment loan, The Choice Loan, is available at Check `n Go retail locations in select states. To get started on an installment loan, apply now or visit a Check `n Go location near you.