fast installment loan Wisconsin

Can I Get Online Installment Loans Instant Approval In Wisconsin?

Are you wondering if you can get online installment loans instant approval from us at Wisconsin Auto Title Loans, Inc.? Well, the answer is not quite. While instant approval is not possible for any loan – since every kind of loan has a process you have to go through and requirements you have to meet – we have a quick and easy process that’ll allow us to let you know quickly if you qualify for approval.

When it comes to online installment loans, you can get up to $1,500 without needing collateral – just your signature acts as your promise to repay the loan! We’re ready to help you get through our simple process and to give you some tips on mistakes you should avoid. If that sounds good, keep reading to learn the online installment loans requirements and how you can get up to $1,500 in the next day or sooner!

3 Mistakes To Avoid When Getting An Installment Loan

We at Wisconsin Auto Title Loans, Inc. want to help you get out of your financial situation as quickly as possible, not bury you deeper in it. Loans can get you out of a tough spot if you use them wisely. But there are certain mistakes that you can make while getting online installment loans that could get in your way. Let’s look at three mistakes you shouldn’t make, so you can make the most of your installment loan.

1. Lying About Finances

During the online installment loans instant approval process, you will have to tell us about your money situation. And while it might seem like a good idea to lie to make sure you secure the loan, lying is a bad way to start off our business relationship. The way online installment loans work is we need a full picture of your financial situation so we can determine if you qualify and how much we can lend you. This is why you need to be truthful when you show us your required items.

2. Taking Out This Loan For Just Any Reason

When it comes to online installment loans instant approval, it might be tempting to take one out for just any little reason. But remember, these loans are best used for emergencies only. Taking out a big loan now when you really don’t need it means you are now stuck with a loan repayment to work into your budget. That could cause a strain on your finances if you aren’t properly prepared to make the repayments. This means you should only leave this loan for emergencies like the following:

  • Medical bills.
  • Home repairs.
  • Emergency travel.

3. Avoiding Automatic Payments

A big mistake you could make would be forgetting to work the loan repayments into your budget. Paying this loan back in installments can be beneficial – but it is also up to you to figure out how you can easily make your repayments on time. This means you should focus your energy on budgeting around your money and make changes to your routine. Avoid buying coffee or eating out as often, or switch to store-brand products temporarily until you’ve fully repaid the loan. 

Couple with online installment loan money, holding cash, portraying financial stability.

Installment Loan Requirements

Now that you know a little bit more about how installment loans work, you should know what items we need to see in order for us to decide if you qualify for approval. Just like with any loan, these items are important. Without having these items for us to assess, there would be no way for us to determine if you qualify for approval. Here is a breakdown of what we need to see in order to properly assess you:

  • A Wisconsin state-issued photo id: 18-year-olds and above can qualify for our online installment loans instant approval using their driver’s license or any state-issued photo ID.
  • A checking account statement that’s open in your name: An active bank account in your name is needed to qualify for an installment loan. 
  • Proof of income: Even if unemployed you can still qualify for an installment loan. We consider any money that is regularly received as income such as: social security checks, alimony, or unemployment benefits. 

Step-By-Step Guide Of The Online Installment Loan Process

Since you know we can’t give you instant approval for an online installment loan, you should know what the actual process will look like. While instant approval is not possible, that doesn’t mean our process will be long or difficult to get through. In fact, if you follow the tips we’ve provided, you will quickly find out if you qualify for approval. Here is a breakdown of our process that you will go through with us:

  1. To begin, submit a free inquiry form. This sends your basic contact information to the nearest store location so we can get in contact with you to help you begin the process.
  2. Our representative will then call to confirm your information, ask a few questions, answer your questions, and schedule an appointment at your nearest Wisconsin Auto Title Loans, Inc. store to verify your documents.
  3. Bring your requirements (state-issued ID, checking account statement, and proof of income) to the meeting so that we can assess you and run a quick credit check.
  4. If we determine you qualify and you agree with the terms, sign the agreement and then arrange to get your $100 to $1,500 the following business day or sooner!

Image displays 'Easy Installment' process, highlighting the words 'easy' and 'loan'

Apply Now!

As you can see, getting online installment loans instant approval is not exactly possible. However, we here at Wisconsin Auto Title Loans, Inc. make it possible to let you know if you qualify for approval as quickly as we possibly can. We’ve made sure to make the process simple and to give you tips so that you can make sure you are as prepared as possible when you come see us. So, now that you’ve read this entire guide, all that’s left to do is go to our website and fill out the online form to begin!

 

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

Daniel Dewitt

Daniel Dewitt is a lifetime blogger with a finely-honed ability to break down, analyze, and interpret economic trends for the layman. He's fiercely invested in spreading financial literacy and helping everyday people gain the tools they need for their own economic success.