Iowa Installment Loan

Learn everything you need to know to make an informed decision about borrowing money with an Iowa installment loan. We work with direct lenders all over the country to assist you in getting the personal loan you need from the comfort of your own home.

Complete our easy application and within minutes you could receive an Iowa installment loan offer from one of our lenders. If you like the terms you can agree to the loan and the money may be sent directly to your bank account. Lenders ready to lend money to residents of Iowa. WireLend is the trusted authority for online installment loans.

Can I Get an Installment Loan In Iowa?

Yes, installment loans are legal in Iowa. An installment loan is designed to help people with short term money needs. No collateral . Please use short term credit responsibly. An online loan can be a very helpful tool to assist between paychecks.

Des Moines | Cedar Rapids

The money may be deposited directly to your bank account. The payment may also be taken from the same account when it is due. Must be 18 or older in Iowa. Everyone thinks if they have bad credit then they are doomed, not so fast.

Bad Credit Installment Loans in Iowa - No Fax Loan | E-Sign Docs

In most cases you are not to fax documents to get a signature loan in Iowa. You can use an e-signature or esign to complete the loan documents. Saving you time and money so you don't have to run around town faxing. Occasionally faxing may be but this is the exception and not the norm. If we can match you with a direct lender in IA you will instantly receive a loan offer.

Pick Your Loan Amount: $400 | $800 | $1400 | $1800 | $2500

WireLend is not a lender. A signature loan was designed for people with bad or no credit. Complete the easy application now and you may get the money you need sent directly to your bank account. Get the money you need to cover your short term cash needs.

Can I Get a Installment Loan From a Direct Lender?

We try to get you approved for a signature loan in Iowa with one of the direct lenders in our network. The application is 100% online and you can use your computer or mobile device to complete the entire application. There is no collateral required on these loans so you will not risking your car or your home. These are simple small loans that are generally pretty easy to qualify for. Just make sure you have a job and bank account before applying.


What is Required to Get Approved?

Complete the application and you may receive an instant offer from one of our lenders. Good credit, bad credit, or no credit we can still work to find you money fast. Getting people funded in Iowa is our main goal. Here are a few items you will need:

  1. Open Checking Account
  2. Government Issued Photo ID
  3. Stream of Monthly Income
  4. Must be 18 Years Old

How Does an Installment Loan Work?

The high-interest rate on an Iowa installment loan may sound very discouraging. There's no hiding that fact. But, there's no way around it either. You see, a bad credit score is indicative of poor financial management. It basically tells the lender that you're someone who has a hard time paying back your debt. The higher interest rate is a requirement for them to cover their losses on the loans.

Interest Rates and APR

Needless to say, the lender perceives you as a risk. There is no guarantee that they'll be getting their money back. So, the only way they can minimize that risk is by charging a high-interest rate. It wouldn't be a smart move on their part to just give away the money with minimal risk.

The high-interest rate is how they make up for possible losses that might occur if the borrower fails to pay back on time.
Let’s say 10 people borrowed money and 2 of them fail to pay back the borrowed funds. The interest they receive from the other 8 borrowers will help lenders offset the losses created by the 2 defaulters.

However, if the borrower has good credit, the risk is minimal. There is always an element of trust in such transactions and people with good credit scores prove that they can be trusted. This is why they pay lower interest rates.

Now, you might think that installment loans in Iowa aren't all that helpful. However, that's not true. When you have a bad credit, securing a loan can be very hard and your only option is a short term loan. In other words, a high-interest loan may be better than having no loan at all. It all depends on your own situation.

Installment loans in Iowa with direct deposit approved same day

Alternatives and Different Types of Personal Loans Available in Iowa

There are primarily two kinds of bad credit loans – unsecured and secured.


Secured bad credit loans are loans that you can borrow by using an asset as collateral. This can be your house, an expensive vehicle, or even land etc. The benefit of secured bad credit loans is that you won't have to pay high-interest rates. However, a failure to pay back will result in the collateral being seized by the lender.


Unsecured small loans are the exact opposite. They have a much higher interest rate. The qualify for an unsecured loan with low-interest rates, you'll need a high credit score.

Direct Deposit Loans offered in Iowa

If you are in need of a short term loan and live in IA we may be able to help get you approved in just minutes and get money sent to your bank account. Complete our easy application and within minutes you may receive an installment loan offer from one of our lenders. Get money back in your bank account. Our lenders utilize the direct deposit method to get money to you fast.

Can I Get a Payday Loan in Iowa?

Yes, you can get a payday loan Iowa. Many people prefer to utilize installment loans instead of payday loans. This gives them an easier payment schedule. Of course, if you are just looking to get a $100 fast or a different small amount. A payday loan may work just as well. Make sure you will have the funds available to pay the balance of the principal and the interest on your next pay day.

Installment Loan with Same Day Approvals

Our process is very simple, complete the short application by click on the link above and if we can match you with a lender you will almost immediately receive a loan offer. Your loan request can be approved the same day. Read the loan offer and look at the interest rates, payment plan, and amount borrowed. If everything meets your standards then you can accept the offer. You could be approved for a loan up to $20000 the same day you apply.

WireLend is not a lender. All loan terms are between you and the direct lender.

Financial Tips and Ideas from WireLend:

Take Advantage Of Your Employer's 401(K) Percentage Match
Many employers match a certain percentage of your 401(k) contributions. You should make an effort to contribute at least as much as your employer matches. After all, their contribution is like free money in your retirement savings.

Write Everything Down 
Bring your thoughts to fruition. Write down your plans. Being spontaneous is fun, but it’s unpredictable. Have a plan, it’s the best key to saving your money. Save every receipt. Write down how much you spend with your credit and debit. Double check your wallet and write down the amount each time you spend cash. Personal records of how you spend your money will make you think twice about spending outside of priorities. Also, this method will allow you to plan out times where you can splurge safely. There’s nothing wrong with reassurance. Check your plans as much as you need to. 

Iowa Installment Loan Online