Installment Loans Vs Payday Loans
• • • • • • • •
• • • • • • • •
Installment loans are less risky than payday loans. An installment loan also usually has a higher amount available for a loan. Idaho Finance approves loans from $300 up to $5,000. Installment loans are paid back over a period of time with a set amount paid monthly. A payday loan is designed to be paid back by the borrower’s next payday.
Idaho Finance Installment Loans
✔ Long-term
✔ Low-interest
✔ Payment plans to fit any budget
✔ Higher borrowing limit
✔ Save money by paying off early!
✔ Low-interest
✔ Payment plans to fit any budget
✔ Higher borrowing limit
✔ Save money by paying off early!
Payday Loans
✔ Very short-term
✔ High-interest
✔ Hard to repay quickly
✔ Lower borrowing limit
✔ Cannot pay off early and save money.
✔ High-interest
✔ Hard to repay quickly
✔ Lower borrowing limit
✔ Cannot pay off early and save money.
• • • • • • • •
There is no penalty to pay off an Idaho Finance installment loan quickly. If you pay it off early you will ultimately pay less in interest. You cannot pay off a payday loan early to reduce your cost.
Whether you need a medical bill or car repair loan, or have a financial emergency we’ve got you covered. Legally we do have to conduct a credit check, but we have a liberal credit policy and have been able to approve loans for customers with past credit issues.
Whether you need a medical bill or car repair loan, or have a financial emergency we’ve got you covered. Legally we do have to conduct a credit check, but we have a liberal credit policy and have been able to approve loans for customers with past credit issues.
★★★★★
“Knowledgeable and friendly staff. We went over my credit report and was given tips on how to improve my credit score. Very happy with the service and it's much appreciated!”
– Jennifer L.
– Jennifer L.
