Q. What is an instalment loan?
Unlike a traditional loan, it is a kind of loan which is paid back over a specified number of months. On the due date of every month, the borrower has to pay scheduled payments which include the fixed rate of interest as well.
Q. How Do Installment Loans Work?
Instalment loans work on the same principle as another kind of loans, however, repaying the loan is quite easier for the borrower. Borrowers are also allowed to pay the larger amount on monthly investment and this way, they can reduce the timer period and it has no payoff penalty.
Q. Will the loan interest rate stay the same throughout the life of the loan?
Yes, the Interest rate for every loan will remain fixed throughout the life of your loan.
Q. What loan amounts do you offer?
Martin Advance Finance LLC offers Installment loans from $300 to $15,000, call us at 3378893641 for further details.
Q. How Long Does It Take To Get Approved For An Installment Loan?
If you apply on our website then your request will be forward to our office and will be processed. If approved, our staff will contact the application and will let you know about the decision. We make sure that the approved applicants could get the money as soon as possible, however, application submitted on non-business days can take a longer time.
Q. Can I Get An Installment Loan With Bad Credit Or No Credit?
Fortunately, here at Martin Advance Finance LLC, we do not consider your previous credit score to decide whether we should approve or not. All you need is to submit original documents such as proof of income, direct deposit card, Govt. issued ID, and a check of your active bank account.
Q. When Will I Receive The Funds From My Installment Loan?
Most of the times, you can get the money right after or the next day, we finalized your loan application.
Q.What Happens If I Can't Pay Back My Loan On Time?
We know, sometimes due to poor financial circumstances, one may not able to repay the funds (instalment) on the time. Therefore, we allow you to discuss the alternative payment arrangements and a commitment date for paying the instalment.
Q. Can I pay off my loan early?
Yes, you can pay the funds earlier than the due date and there will be not any prepayment penalties.
Q. Does applying affect my credit score?
Not at all, applying for an Installment loan doesn’t affect your credit score.
Q. How can I use my Martin Advance Finance LLC loan?
You can spend Martin Advance Finance LLC loan for any of your legal expense, or anything that you want to purchase.
Q. How do I get my loan payoff balance?
You can get your loan payoff balance, by simply calling 337-889-3641.