PRLog - Sep. 7, 2012 - NORWOOD, Mass. -- Getting an installment loan for 5000 dollars is possible if you have no credit history. Although many conventional lenders do not offer guaranteed approval long term loans for people with bad credit, you can still find private loan lenders that give short term unsecured personal loans with guaranteed approval.
Bad credit loan lenders like payday loan companies are beginning to offer unsecured installment payday loans with no credit check and these are long term payday loans which will allow you more time to repay the loan every month. You can also borrow more with online installment cash advances because the lenders are licensed to provide 5000 dollar loans with no credit check. There will be state regulations on the limit that you can borrow nevertheless but most people can realistically be eligible to apply for a 3 month installment payday loan for 2000 dollars or more.
You do not need collateral if you need to borrow 5000 dollars for 6 months because our direct installment loan lenders are able to give unsecured cash loans with no collateral required but you do need to provide verifiable income. This can be achieved by showing them your payslips or if you are on government benefits.
Our lenders are now accepting applications for people who need a guaranteed approval installment loan for bad credit. Please visit our website at http://100dayloanlenders.com/