75 Day Loans | Quick Short Term Funding
With WireLend you can get a 75 day loan that is quick without the hassle of other lending options. Your credit score with the three main credit reporting agencies will not be part of the lending decision. You could be approved for up to $2500 quickly and have 75 days to repay the sum, or even longer. Each payment consists of principal and interest just like a loan on your car. However, these loans are unsecured so they do not require collateral. If you are in the market for a short term installment loan and prefer quick and convenient service, apply with us today.
Who Offers a 75 Day Loan?
Just because you have poor credit or your credit report looks like it has suffered through a hurricane, we may still be able to get you approved. Our direct lenders offer 75 day loans without running a hard credit report. They may run a soft credit check that looks are unsecured loan history. They also take into account how much money you make each month, where you live, how long and the term you have been employed. If you need a $75 loan we can help with that also.
Short Term Installment Loans - 75 Days
Payday Loans Vs Short Term Installment Loans
So what is the difference between a payday loan and short term installment loan? The difference is all about the payment schedule. Both loans are unsecured with no collateral and basically rely on your "word" or signature that you will repay the loan on time. Now there will likely be issues with your credit if you decide not to repay the fast loan, so be sure you can repay the loan when you agree to the terms.
Payday Loans Do Not Offer Extended Payment Plans
There is really no such thing as a long term payday loan. These loans are designed to have you pay them back on your next payday. Which could only be a few weeks away. They charge a hefty fee for their convenience and often are difficult to payoff the next time you get paid. Some states allow you to roll over these loans so you can drag them out a month or so but still can be difficult to pay off in the time frame allotted.
Short Term Loans Could Be a Quick Answer for Your Finances
75 day loans thru WireLend will allow you up to 9 months to repay the loan and each payment is broken down into principal and interest so each monthly payment is the same size. You know exactly when the payments are due, how much they will cost, and when the loan will be completely paid off. Our direct lenders are standing by and ready to receive your application.
How Does the Application Process Work for These 75 Day Loans?
First you will need to complete the application above. There is no way to tell you ahead of time if you will be approved for a short term installment loan with completing the online application. Each individual is different and so is each lender that may be serving your area. They require the completed application before they will be able to either offer you a loan or you will receive a page stating we were unable to match you with a lender at this time.
The application is free and will not show up on your hard credit report. If approved you will receive a loan offer from one of the direct lenders and can review the agreement and terms before agreeing to anything.
The 3 Credit Bureaus - What They Do
In the United States, there are many credit bureaus, however, the most trusted and popular ones are the TransUnion, Experian and Equifax. They are collectively called as the 'Big Three'.
TransUnion - TransUnion is the 3rd-largest credit bureau in America. It serves around 45,000 businesses and 500 million customers in 33 countries. The credit reports are marketed directly by the company to the consumers. The company is headquartered in Chicago, Illinois.
Experian - Experian is the largest credit bureau in America. It serves around 103 million businesses and 890 million customers all around the world. The company employs about 17,000 people. Experian also markets the credit reports directly to the consumers. It is headquartered in Dublin, Ireland.
Equifax - Equifax is the 2nd-largest credit bureau in America. It is the oldest among the 'Big Three', it was founded in 1899. Headquartered in Atlanta, Georgia, Equifax serves more than 88 million businesses and 800 million consumers worldwide. Just like TransUnion and Experian, Equifax also markets the credit reports directly to the customers.
How Your Credit Score is Handled by the Bureaus
TransUnion, Experian and Equifax all collect and maintain the credit information of consumers. They will then sell it to businesses/companies in a credit report form. Banks and other financial institutions are the main customers of these credit bureaus. A bank/financial institution will look at the credit report of an individual or a business from these credit bureaus before approving a loan or a credit card.
It does not matter whether it is a short term loan or a long term installment loan, the credit report matters. Now, if you default on your credit card payment or loan payment, the banks/financial institutions will report this to the credit bureau. This will be recorded in your credit history.
The information that the credit bureaus collect includes your present credit accounts and all your payment histories with banks/financial institutions. Utility companies and telephone companies also report late/no payments to the credit bureaus. Once they have all the information, the bureaus will compile everything and generate your credit report.
Every 12 months, you will be able to download this report free from AnnualCreditReport.com. Now, all the 3 credit bureaus do not share information with each other. They also do not contact each other. Hence, you may find slight variations in each of the credit reports from these 3 companies. If you find your credit report inaccurate, dispute it immediately, and get it corrected as soon as possible.
Positive financial information, such as an impeccable payment history, will remain indefinitely on your credit history. Negative financial information has time limits, it will be removed from your credit history after a certain period of time. For instance, late payments will be removed from the report after 7 years. Bankruptcy can remain on the credit report for 10 years.
It is recommended that you check your credit report occasionally, even if you are not planning on taking any loans or credit cards. This will ensure that your credit report remains error-free.
75 Day Installment Loans with a Soft Credit Check
If you would like to apply for a 75 day installment loan then simply fill out the application above. There is no obligation for simply completing the application and you could receive a loan offer in minutes. We have over 50 direct lenders waiting process the application. Good luck and good financial health.