Helping Good People Get Better Loans

Check Your Rate

Emergency Installment Loans – Get Cash Quickly!

When you’re facing a financial emergency installment loans might not be your first priority. You’re just looking to get money fast. If you’re desperate enough you may resort to taking a payday loan or going to a pawn shop.  But LoanNow can provide the money you need when you need it, without resorting to extreme measures that can place your possessions at risk or possibly cause long-term damage to your finances.

How Installment Loans Work:

Installment loans from a bank or mortgage lender are scheduled once per month. Each payment is applied to both the principal and the interest on the loan, with earlier payments going more for interest. As you continue to make payments, more and more of each installment goes toward the principal. If you make larger payments than the minimum, you can usually designate the excess to go toward the principal, which helps you pay off your loan faster.

But banks are usually not a viable source for provide emergency installment loans. The application process for a typical bank loan takes weeks.  If your credit is marginal, you may be turned down outright unless you’re willing to put up collateral to guarantee the loan or have a credit-worthy co-signer.

Emergency Installment LoanPayday Loans Mean Trouble:

Payday emergency installment loans may appear to be better than regular payday loans on the surface.  The processing is usually fast, just like typical payday loans. Plus it’s easy to qualify if you have a regular job or receive government payments or a pension.  And the repayment terms include multiple payments, not just one lump sum. But don’t be fooled. The payments for payday installment loans are spaced only one or two weeks apart, not every month like installment loans from a bank or mortgage lender. And many payday loans carry big early repayment penalties, which can wipe out any savings that you might otherwise obtain by making larger payments or paying your loan off early.

How LoanNow Is Different:

LoanNow is a better option for emergency installment loans. We recognize that urgent financial situations don’t allow you the luxury of waiting weeks for a lending decision. Our online-only process ** allows us to respond to nearly all applications within 24 hours. † And we never require collateral.  We also evaluate your entire financial situation, not just your FICO score, which means that we can say yes when many other lenders say no.  Once you’re approved, you could have access to your money in minutes,* if your bank participates in our Instant Funding system. And we schedule repayment installments every month, not every week or two. No matter how you look at it, LoanNow is the right choice!

Check Your Rate

Why LoanNow

  • 5-Minute Application

    All it takes is a few minutes. We’re fast, easy and headache-free.

  • Fast & Easy Approval

    Get your quick loan approval online. Money in minutes. †

  • Deposit to Your Account

    Funds are deposited fast into your bank account! ‡

How It Works

  • Apply Now

    Complete our easy online application. It takes 5 minutes and there is no paperwork and no faxing required.

  • Get Approved

    You will get a quick loan approval decision. We are a direct lender so there is no long wait for an answer.

  • Get Your Money

    We deposit your money right into your bank account. Your installment loan payments come from the same account - automatic, no hassles.

What We're About

  • "We believe we can change the world by helping people with less than great credit get back on track."

    Miron, The Team

  • "Our loans reward you for good behavior instead of trapping you in an endless spiral of interest & penalties."

    Harry, The Team

  • "Our mission is to build the fastest & easiest way to get a loan."

    Jesse, The Team

Grow Your Score

Our personal loans reward you for good behavior instead of trapping you in an endless spiral of interest & penalties. Together, we grow your LoanNow score to unlock better rates.

LoanNow Score

* Funds will be distributed via ACH. Most banks will post the funds to your account by the next business day. Subject to underwriting approval.

** Subject to online availability and underwriting may request additional items prior to final approval.

† Loan approvals are subject to underwriting criteria and the approval process may take longer if required items are not able to be verified online or additional items are requested.

‡ Funds will be distributed via ACH. Most banks will post the funds to your account by the next business day. One’s bank will determine when funds are actually available.

LoanNow Trustpilot Rating: 9.3 out of 10 based on 570 reviews as of March 2016. SuperMoney Rating: 9.5 out of 10 based on 55 reviews.