Guaranteed Installment Loans for Bad Credit
- Borrow up to $5,000
- Apply online in minutes
- No collateral required
- Available for bad credit
- Get funded by a direct lender
- Guaranteed approval*
Why Trust Us?
1F Cash Advance has been providing emergency loans since 2019. We are licensed and operate under state laws. Over 140,305 consumers have already benefited from our services, both online and in stores.
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What is a Guaranteed Installment Loan?
An installment loan is a financing option where you receive a fixed amount and repay it in equal monthly payments over a set contract period. At 1F Cash Advance, you can obtain a loan for any purpose, ranging from $500 to $5,000, with terms from 2 to 24 months. The amount, rate, and payment schedule are determined upfront and outlined before the agreement is signed.
While no loan can be guaranteed in advance, many applicants with a steady income and valid documentation are approved, regardless of their credit history. This makes installment loans a flexible option for those who need fast and predictable funding, even with past credit issues.
Common Uses
Emergency installment loans are often used to cover essential expenses that cannot be postponed. Common examples include:
- Unexpected medical or dental bills
- Car repair or replacement of critical vehicle parts
- Urgent home repairs, such as heater, plumbing, or electrical fixes
- Overdue rent or utility bills to prevent disconnection
- Family emergencies that require travel
- Debt consolidation into one monthly payment
Bad Credit? You May Still Qualify
1F Cash Advance does not require a minimum credit score. Eligibility is determined by proof of stable income. Applicants with freelance income, parental benefits, unemployment payments, or pension can qualify. Consistent cash flow is the main requirement for approval, regardless of previous credit history.
3 Steps to Get Your Loan
Applying for an installment loan with guaranteed approval at 1F Cash Advance takes just a few minutes. Here’s how it works:
Complete the online form
Enter your personal and income information. Attach the required documents for verification.
Apply NowGet instant approval
The system performs a soft check without impacting your credit. You’ll receive your offer and terms by email.
Receive your funds
Once you accept and sign the agreement, funds are deposited directly into your bank account, often the same day or by the next business day.*
*100% guaranteed approval is provided upon full compliance with all requirements. Funding times vary depending on the time and day of application. Applications submitted before 10:30 am local time are funded the same day. Anything submitted later, or on weekends or holidays, will be processed the next business day.
Eligibility Requirements
While no lender can truly guarantee approval, we specialize in helping borrowers with less-than-perfect credit get fast, reliable funding. Here’s what you’ll need:
- Proof of regular, verifiable income
- Valid government-issued photo ID
- Active checking or savings account
- U.S. residency or citizenship
- Minimum age of 18
- Working phone number and email address
- No recent bankruptcies or unpaid loans
Terms and Rates
Installment loans are available in amounts ranging from $500 to $5,000, with repayment periods of 2 to 24 months. You repay the loan in fixed, equal monthly installments, making it easy to plan your budget.
No credit check is performed. Your information is verified through alternative credit bureaus, and your income and documents are reviewed as part of the approval process. Loan terms and interest rates are determined individually based on your financial profile. If your credit history is poor, the interest rate may reach 36% or higher.
Below is an example table with typical rates and payment calculations:
| Amount | Term (months) | APR | Monthly Payment | Total Interest | Total Repayment |
|---|---|---|---|---|---|
| $1,000 | 6 | 18% | $175.53 | $53.15 | $1,053.15 |
| $2,500 | 12 | 24% | $236.4 | $336.79 | $2,836.79 |
| $4,000 | 18 | 28% | $274.69 | $944.45 | $4,944.45 |
| $5,000 | 24 | 36% | $295.24 | $2,085.69 | $7,085.69 |
If you’re considering a different loan amount or term, you can calculate your estimated monthly payments using our loan calculator.
Why 1F Cash Advance
At 1F Cash Advance, we focus on making emergency borrowing simple and stress-free, even if you’ve faced rejections from other lenders. Here’s what sets us apart:
Fast Secure Application
Online applications are available 24/7, take only minutes to complete, and your data stays protected.
Clear Upfront Information
All terms, fees, and payment details are presented clearly before you sign—no hidden costs.
Personal Support Any Time
You can contact us directly for quick answers or visit our locations for in-person help with your loan questions and applications.
FAQ
What’s the maximum borrowing limit for an installment loan?
You can borrow up to $5,000. The exact amount you qualify for will be determined after we review your personal information and will be clearly stated in your loan agreement.
How do installment loans for bad credit differ from payday loans?
Installment loans allow you to borrow up to $5,000 and repay in fixed monthly payments over 2 to 24 months. Payday loans are short-term loans, typically capped at $1,000, and in some states, the maximum amount may be even lower. Full repayment of a small loan is required on your next payday.
How can I boost my chances of getting approved?
Ensure all information is accurate and all required documents are submitted. Applicants with a stable, verifiable income and a complete application have a high chance of approval.
When will I have access to my funds after my application is approved?
Funds are available within 24 hours of approval. If you complete your application before 10:30 am local time, you may receive the money that same day. In-store applicants can also access cash immediately.
How does 1F Cash Advance protect my personal and financial information?
Your data is secured using advanced encryption technology and strict privacy standards. We do not share your information without your consent.
What happens if I am unable to make a payment on time?
Missed payments result in penalties specified in your loan agreement. Overdue accounts may eventually be sent to collectors, which hurts your credit history. Contact your lender if you experience difficulties with payment. Many are willing to accommodate by offering a deferment or extended terms.