Online Installment Loans FAQ's

All you need to know about Personal Installment Loans Online

In this Installment Loans Online Frequently Asked Questions section, you will find answers to all of your questions regarding Installment Loans, Payday Loans, and Cash Advance Loans.

Personal Loans FAQs

It is a cash advance or a short-term loan that must be repaid back over a period of time in a certain number of equal-amount biweekly, semimonthly, or monthly installments. It allows you more repayment options and is also known as installment debt. Additionally, it offers prepayment with no penalty, saving you money on interest. Mortgage loans, student loans, auto loans, home equity loans, etc. are a few examples of installment loans.

Getting an online installment loan has many benefits than getting a loan from storefront because a cash advance from payday installment loans online lender offers fast loan process, fast approval, and direct deposit of cash in hours or overnight without even standing in lines, waiting for approval, writing checks and faxing documents.
Taking out a cash advance online can help you to pay for emergency expenses such as medical bills, car repairs, home renovations and for recurrent expenses such as rent, mortgage, utility bills, groceries, etc.

Applying for an online personal installment loan is easy and simple. Fill out online application, get an instant loan approval and receive fast 30 min cash approval for up to $1000 directly into your bank account or maximum by next business day. Besides, quick personal installment loans can be applied through mobile device, laptop, tablet, or PC.

  • Employed for the past three months.
  • Active checking account for the past three months.
  • Earning a monthly income of at least $1,000.
  • You must not currently be a debtor in a bankruptcy case or presently intend to file for bankruptcy relief voluntarily.

No. There is no paperwork involved because we utilize proprietary underwriting to approve your loan. Hence, our loan products are called no fax payday installment loans or fax less cash advances.

The cash loan online amount is determined based on your current monthly income. Although we offer personal installment loans up to $1000.

We offer fast approval personal installment loans online. Once we receive you request, we will contact you either through email or by phone within minutes during normal business hours, Monday to Friday, 8:00AM to 8:00 PM (EST). For no fax loans requested after-hours, we will contact you the first thing, next business day. However, due to state and verification requirements, not all online personal installment loan applicants may be eligible for fast approval by lender.

Net Cash Man never runs any hard credit checks. Our soft check personal installment loans online and that does NOT affect your credit sore when you apply for one, can be granted with poor credit and no credit even.

APR, the Annual Percentage Rate is the effective rate of interest charged on your loan.
As a reputable lender online, there is no application fee. Also Applying for a personal installment loan online does NOT affect your credit score.

The loan fee depends on the length and number of payments; in case you repay early, the fee will be adjusted based on your shortened payment schedule. We do not charge more than what the law allows. For more details on calculating installment loan costs, refer our rates page.

No. You can use the quick cash loan amount the way you want but in a responsible way.

Yes. However, you will not receive it fast because any direct lender payday installment loans requested on Fridays, before 8:00 p.m. (EST), will be deposited on the following Monday. For any application received over the weekend, the funds will be deposited on the next business day which is, on Monday.

Yes. If you accidentally apply for a loan that you did not intend, simply give it back to us before the end of the business day, following the day you received the loan. For example, if you receive your loan on Wednesday, you have time until 5:00 p.m. on Thursday to return it, without any penalty.

Personal Installment loans are single payment loans that can be repaid electronically when you get your next paycheck. Just as with receiving the funds, the payment process is automatic and convenient. An electronic withdrawal, via ACH transaction, will be made from your authorized account on your payment due date. In case, there is any change in your banking information, please email your new bank account number to manager@netcashloans.com at least 2 business days before 4 PM Eastern Time on the due date in order for the change to be processed for the current payment. This way, you need not have to write a check or pay for postage.

Generally, you should repay your installment loan on/by your next pay date. Our payment system is set up in the same way as any online bill pay system; with the automatic withdrawal date via an ACH transaction falling on the same date your paycheck reaches your checking account. This way, you can ensure to have the funds necessary for the repayment. If you aren’t sure about your loan due date or the amount you owe, please send an email to our Customer Service Team at manager@netcashloans.com. We are available to help you 24 hours a day, seven days a week.

ACH stands for Automatic Clearing House Transaction. An ACH transaction is a method of electronically depositing or withdrawing funds from an account. When you provide a check as payment on your loan application, you authorize us to process the payment as a check transaction.

Net Cash Man is a legitimate personal installment loans direct lender that follows all NACHA regulations. We always abide by the state and federal laws, and will never withdraw more money than you have authorized in our process.

Contact us at least two business days before the due date. You may be eligible for an extension by paying at least enough to cover interest earned up to that point (usually includes the finance charge that is $30 per $100 borrowed and APR (Annual Percentage Rate) that ranges from 365% to 1,564%, depending on the terms of the extension). We also recommend that you pay as much extra as you can, to reduce the principal balance of your installment loan.

Yes. You can pay off your loan early, as there are no prepayment penalties. However, we advise you to inform us via email at manager@netcashloans.com so that we can arrange your prepayment process.

Yes. If you do not want us to withdraw the full amount on personal installment loan due date, you have the option to extend your loan until your next payday. You may make partial payments at any time prior to maturity in increments of at least $5 on the principal balance without additional charges incurred.

Yes. As a socially responsible personal loan direct lender, we respect your privacy and do not sell your sensitive information to third parties. All the transactions are processed over a secure 256 bits SSL server that uses highest encryption standards.

Net Cash Man uses email to keep you informed of your approval, repayment reminders and confirmation, promotions and more. This makes it very important that you receive all email communication from us concerning your account. To ensure you receive important emails from Lend You Cash, please take a moment to add our email address manager@netcashman.com to your address book or to your SPAM “good list” or “whitelist”. This helps your email provider to recognize Net Cash Man as a trusted email source.

No, if you borrow only the amount you need and payback responsibly.