Sometimes, situations in life can pop up unexpectedly, leaving people needing quick cash. Since many live paycheck to paycheck, suddenly needing a few hundred dollars can be difficult to navigate.
Maybe you’re thinking, “I need 400 dollars now. How do I get it?” An online loan is an option, but getting several hundred dollars quickly can feel impossible without a perfect credit score and financial history.
Keep reading to find out how to get a $400 online installment loan, even if you don’t have the best credit or financial history.
Why an Online Installment Loan Is Better Than Other Loan Options
When searching for a “$400 loan near me,” you’ll have a few options like installment loans, payday loans, or loans from family and friends. Of these choices, installment loans are your best bet, as they are generally easier to manage than payday loans.
An installment loan offers a consistent payback schedule with friendlier terms compared to other types of loans. For example, Power Finance Texas gives you six months to repay your loan. If you end up paying it off earlier than that, you won’t have to worry about prepayment fees.
Meanwhile, payday loans require you to pay the full amount back immediately after you get paid, hence the name. This requirement can lead to a cycle of constantly borrowing and paying back loans that can be hard to break.
You might borrow from friends and family, who could offer easier terms for repayment. One problem is that it can be awkward. Not only do you have to admit to needing help, which shouldn’t be as hard as it is, but there’s also added pressure to pay the amount back as soon as possible because you don’t want to take advantage of your loved one.
We can help you get an installment loan online quickly—whether you have good or bad credit. Apply today!
Do you need a CASH LOAN fast?
Power Finance Texas arranges installment loans from $100 to $1,250 quickly. Most loans are approved within minutes. All it takes is a checking account, a phone number and a few other simple qualifications. See why thousands of people choose Power Finance Texas for their fast cash needs.
How to Get a $400 Installment Loan
When the need arises for quick cash, turn to Power Finance Texas. It’s easy to get a $400 installment loan online, and our process is quick, getting money into your hands fast.
To start the process, you can apply online or work with one of our customer service specialists. You’ll have to answer some questions, which mainly relate to your ability to pay back the loan.
Don’t worry about your credit score—with Power Finance Texas, you’re still eligible for a $400 loan with bad credit. We understand life is unpredictable and challenging things happen. Our policy is that people shouldn’t be punished for those tough times, even if they have hit financial troubles in the past.
What You Need to Fill Out a Loan Form
There are a few requirements needed to get a loan in Texas. These include:
- Being 18 or older
- An active checking account that’s been open for at least 30 days
- A job you’ve had for three months or more
- A phone number (cell or home)
- A Texas ID
Having all the information listed above ready when you apply will make your application process go much faster.
Concerned About Paying Off Your $400 Installment Loan?
Applying for an installment loan can be intimidating if you don’t understand how interest rates affect your payments. Luckily, we’ve created a chart that’s easy to understand. You’ll get a better idea of costs based on your payroll schedule through our example numbers.
And remember, if you can repay your loan early, you won’t face any early payment penalties or fees. We never charge early payment fees on installment loans.
Let Power Finance Texas Help You Today!
If you need a quick $400, look no further than Power Finance Texas. We offer consumer-friendly loans with competitive terms, available to those with all credit histories.
Contact us today to get your $400 installment loan!
Here are some commonly asked questions about securing a $400 loan so you can apply for a loan today!
Can You Get a Loan for $400?
Yes, you can get a loan for $400 with Power Finance Texas. We offer installment loans from $100 to $1,250. All you have to do is start the application process.
How to Borrow $400 Quickly?
You can borrow $400 quickly through a few different channels. These options include personal or installment loans, cash advances, pawn shops, and payday loans.
Contact us today to learn more about our installment loans. Getting a $400 installment loan online is quick and easy, putting the funds you need into your bank account as soon as the next business day.
Where Can I Get a Loan with a Low Credit Score?
A bank or credit union may qualify you for a loan, although many have minimum credit score thresholds.
Instead of choosing these avenues, opt for Power Finance Texas. You can likely qualify for a $400 loan with bad credit as long as you meet the eligibility requirements outlined above.
Where Can I Borrow Money Instantly?
When you’re in a situation where you think, “I need a $400 loan now,” turn to Power Finance Texas. Most loans are approved within minutes, thanks to our online application process and speedy turnaround times.
How Hard Is It to Get a $400 Loan?
With Power Finance Texas, it’s not hard to get a $400 installment loan. We can lend between $100 and $1,250 to our clients. Additionally, bad credit doesn’t affect eligibility, and most loans are approved within minutes.
What Is the Easiest Loan to Get Approved For?
Payday loans, unsecured loans, borrowing against a retirement plan, and pawnshop loans are typically the easiest to secure. The problem with most loans that are easy to get approved for is that there’s always fine print outlining terms that can worsen your financial problems in the long run.
That’s why Power Finance Texas offers easy installment loans for people who need cash fast. It doesn’t matter what your credit score or your financial past is—we want to help people get out of difficult financial situations.