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Power Finance Texas arranges installment loans from $100 to $1,250 quickly. Most loans are approved within minutes. Most loans are approved within minutes. All it takes is a checking account, a phone number and a few other simple qualifications.

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Installment loans are becoming increasingly popular all across the world, especially as most people who are in urgent need of money choose to apply for a bad credit installment loan instead of trying to get a traditional loan.

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Having bad credit prevents a person from obtaining many kinds of loans, but you’re ok asking for a bad credit installment loan. In most cases, bad credit or even no credit does not disqualify you when processing your request, although for larger, personal loans a credit check may be performed.

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The Best Guaranteed “Installment” Loans for Bad Credit Named for the method of repayment, installment loans are repaid through a series of regular, set installments — typically monthly payments.

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