Our site was created with one mission in mind. To help consumers just like you compare installment loan lenders. This idea for this site began out of frustration back in 2015. One of our site founders was in need of an installment loan but she found the process of finding a direct lender was a nightmare in itself. She would google terms like “I need a direct installment loan” or “direct lender installment loans” and the search engine would shoot out sites that were definitely not direct lenders! Most of the sites that came up were online matching sites or marketing sites that don’t even offer direct loans. Of course these sites may match you with a direct lender, but there were so many popups and dead ends that she never found the loan she was looking for.
This site was born out of that frustration of not being able to find a direct installment lender. You’d think it would be easy, but most sites make it very difficult for the average consumer to find a direct lender that funds installment loans in their state. Our founder had an idea of simply listing many of the largest companies that provide direct installment loans. On top of that we would give our site visitors the option to compare the different installment lenders with each other based on their individual merits. For example, are you looking for a direct lender installment loan that has a payoff term of 36 months? Or are you in need of high dollar installment loan of over $30,000? With our site you can narrow down and eventually compare the remaining lenders based on their qualifications. Another added bonus is the fact that you can see which lenders in your state offer direct installment loans. That’s a problem that’s more common than most consumers first think. Many lenders only fund loans in specific states and we’ve heard many stories of consumers filling out an entire application only to find out that lender isn’t licensed in their state! To enable this comparison option just choose your state of residence when you select how much money you’re looking to borrow.
Our goal at Compare Installment Loans is to make the process of finding an installment loan as easy as possible. Ideally you can use our comparison tool and be presented with a handful of direct lenders that meet your needs. From there you would just go to that specific lender’s website, fill out an application and hopefully be approved for the installment loan you need! In addition to our comparison tools we also have numerous blog articles and resources available to you that touch on all aspects of the installment loan industry. Please reach out to us if you have any further questions or comments about our site or direct lender installment loans in general. We’d also like to hear from you if there’s an installment loan lender you think should be added to our our comparison tool. Just head on over to our “contact us” page, leave us a message and we’ll get back to you within 24 hours!