Racine installment loan bad credit

Do I Need Good Credit To Get Installment Loans In Racine, WI?

When it comes to getting installment loans in Racine, Wi, keep in mind that we will run a credit check. That being said, you might be wondering if you can qualify for this loan if you have poor credit. The thing about the credit is we use it along with other factors to determine if you can qualify for this loan or not. So this means that your chances aren’t fully based on your credit. Read this guide to learn more about credit and Racine installment loans.

Find Out If You Need Good Credit For The Loan

As we said, one of our loan representatives from Wisconsin Auto Title Loans, Inc. will look at your credit before deciding if we can approve you for a signature installment loan. However, that doesn’t necessarily mean you have to have perfect credit to qualify. Our loan representatives can explain this all to you, and you can ask questions any time about your creditworthiness.

Rest assured that we are here to help in any way we possibly can. And we also look at things like your finances and your income to determine if you qualify for approval and for how much. So if you have an emergency like unpaid medical bills, late utility bills, or major damage to your home, don’t let your credit stop you from finding out if you qualify for installment loans in Racine, WI.

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What Are The Installment Loan Requirements?

Aside from the credit check, we will do when you arrive, there are other required items for installment loans that you need to have. These items help us build an even better and clearer picture of your financial situation and income source. These items allow you to get through our simple process and find out if you qualified for approval. Here are the items you must show us:

  • Your driver’s license or any valid state-issued photo ID. This is so that you can prove to us you are of legal age. Minors below the age of 18 will not be able to apply for this – or any – loan.
  • An active checking account statement from an account in your name. This gives us a clear picture of your financial situation and allows us to determine how much money we can lend you.
  • Proof of Income in the form of your most recent pay stub. This allows us to see that you have a secure way of repaying the loan on time according to the set schedule.

Do We Need Collateral For This Loan?

As far as things go for an installment loan in Racine, WI, you don’t need collateral to get the money. Some loans are known as secure loans – which means they require you to put up your personal property as collateral for the lender. Signature installment loans are unsecured loans – which means they do not require you to put up any collateral at all.

Is Applying For This Loan Difficult?

You may be thinking it is difficult to apply for this loan because we check your credit before we make any decisions. You may feel this way because getting loans from banks with poor credit is very difficult. You’ll be happy to know that you won’t have to go through a difficult process here. Wisconsin Auto Title Loans, Inc. has made it much easier to get an installment loan in Racine, WI.

In fact, you can complete the loan application in just a few steps! All you have to do is fill out the convenient online inquiry form found on our website. This form is instantly sent to the nearest Wisconsin installment loan store where one of our store representatives will call you back right away. During the call, one of our loan representatives will set up an appointment for you to come in.

After the call, gather your required items and go to the store for your appointment. Our loan representative will verify the documents and run your credit check to determine the loan amount you qualify for and if you qualify for approval. If you are approved for the loan and you finish the paperwork, you can get the money either that same day or the next bank business day.

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This entire process is simple and fast. You can inquire anytime, and get personalized service from start to finish. We have many stores around Wisconsin – including Racine, so it’s convenient to drop by. And when you’re there, our friendly and efficient loan representatives will be able to process the application in about 30 minutes.

Get Racine Installment Loans Now!

As you can see, we will check your credit when you apply for Racine installment loans. This, however, doesn’t necessarily mean you can’t apply if you have poor credit. If you need an installment loan in Racine, WI, the best way to find out your chances of qualifying is by coming to talk to us. So don’t hesitate and fill out the online form on our website to get started right now.


Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

Emma Frost

Emma Frost is a lifestyle and finance blogger with a talent for communication and a passion for financial literacy. She uses her writing talents to explore topics that help her readers gain financial stability and growth.