An installment loan is a fully amortizing loan, with a finance charge calculated on the principal balances scheduled to be outstanding and be repayable in substantially equal and consecutive installments, according to a payment schedule agreed by the parties with not less than 13 days and not more than one month between payments; except that the first installment payment may be larger than the remaining installment payments by the amount of finance charges applicable to the extra days.

In calulating finance charges under this subsection, when the first installment period is longer than the remaining installment4 periods, the amount of the finance charges applicable to the extra days shall not be greater than $15.50 per $100 of the original principal balance divided by the number of days in a regulary scheduled installment period and multiplied by the number of extra days determined by subtracting the number of days in a regularly scheduled installment period from the number of days in the first installment period.

Our installment loans range ffrom $200 to $2,000. Fees are $15.50 per $100 on the initial principal balance and on the principle balances scheduled to pe outstanding during any installment period on any installment loan.

If your application is received, verified, and e-signed before 5PM CST on a banking day, we will transfer the money to your bank overnight, and the funds should be posted to your account the next banking day.