Installment Loans in Georgia
- Alternatives to payday loans
- No hard credit check
- Guaranteed approval decisions
- Same-day deposits
- Flexible repayment options
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.
Fact-Checked
Each our article is reviewed by leading industry experts and updated regularly. We ensure accuracy and currency through daily audits and automated updates. Learn more about our editorial standards.
While payday loans are generally illegal in Georgia, installment loans of $3,000 or less with a repayment period of up to 36 months are available. At 1F Cash Advance, Georgians can borrow fast cash online and get same-day money deposits to cover emergency expenses. We offer a lifeline for bad credit borrowers who may have trouble qualifying for loans from traditional lenders.
What About Payday Loans in Georgia?
Payday lending has been prohibited in the state since 2004. It is illegal unless the loans meet specific requirements and are made by a lender licensed by Georgia’s Department of Banking and Finance. There are currently no operating payday loan companies in Georgia. These strict regulations protect residents from high costs, short repayment terms, and debt cycles associated with payday loans.
Alternatives to Payday Loans
If you need quick money to handle unforeseen expenses, there are a few alternatives to payday loans in GA.
Installment Loans
An installment loan is a flexible financial solution that allows you to borrow money in one lump sum and split the cost over several months. At 1F Cash Advance, we offer installment loans of up to $5,000 with a maximum term of 24 months. You can use them for medical bills, car repairs, minor home improvements, or other unexpected expenses.
Personal Loans
A personal loan provides long-term financing for major purchases and big life projects. You can typically borrow up to $50,000 for 12 to 84 months. Interest rates usually range from 5.99% to 35.99%. Personal loans in Georgia require good credit and a steady income to qualify.
Credit Union Loans
Loans offered by federal credit unions are often cheaper than bank loans due to their not-for-profit nature. CUs may also offer payday alternative loans designed for bad credit members who need money fast. With their help, you can get up to $1,000 and repay the funds in 1 to 6 months. The interest rate is capped at 28%. CU membership is needed to qualify.
Lines of Credit
Lines of credit are flexible products designed for ongoing needs or projects with uncertain final costs. They allow you to withdraw money as needed within a set limit and only pay interest on what you actually use.
What Does 1F Cash Advance Offer
1F Cash Advance offers installment loans for bad credit in Georgia to help borrowers with credit issues access the money they need to cover emergency expenses. With us, you can borrow up to $5,000 and repay the money within up to 24 months. This flexibility allows you to manage unexpected costs while keeping your monthly payments affordable.
Rates and Terms
Online loans of $3,000 or less issued for up to 36 months come with an interest rate cap of 10%. Installment loans of up to $5,000 with a maximum repayment period of 24 months have APRs between 5.99% and 35.99%. Additional fees may include a service fee and origination fees.
Here are cost examples:
| Loan Amount | Repayment Period | APR | Monthly Payment | Total Interest | Total Cost |
|---|---|---|---|---|---|
| $1,000 | 24 months | 10% | $46.14 | $107.48 | $1,107.48 |
| $3,100 | 24 months | 35.99% | $183.03 | $1,292.73 | $4,392.73 |
| $5,000 | 24 months | 35.99% | $295.21 | $2,085.05 | $7,085.05 |
How to Apply for Online Loans in Georgia
1F Cash Advance makes the entire process fast and simple. Follow these steps to apply:
-
Complete a brief application form. Share your personal and financial details. Whether you apply online, in a store, or over the phone, it will only take 5 minutes.
-
Receive a loan decision. The verification process is fast, so you'll know almost instantly if you're approved.
-
Get the money. Once approved, the loan funds will be deposited into your bank account on the same* or next business day.
*Applications processed and approved before 10:30 am ET on a business day are typically funded on the same day. Loans originated after 10:30 am ET or on weekends will be processed on the next banking day.
What Do You Need to Qualify
You only need to provide a few items:
- Valid government-issued ID
- Social Security Number
- Recent pay stubs or other proof of income
- Proof of Georgia address
- Active bank account information
- Valid email and phone number
Find 1F Cash Advance in Georgia
1F Cash Advance provides financial assistance both online and in-store. Come visit our Georgia store if you’re looking for a personalized approach or need expert advice from our professional team.
Not in Georgia? We have locations across the US. Head to our location page to find a 1F Cash Advance store in your state.
Why Choose 1F Cash Advance
1F Cash Advance is a trusted lending company offering fast and reliable loan solutions for your emergency needs. Here’s what sets us apart:
Easy & transparent process
No hard credit check allows us to process your application quickly. You will know almost instantly whether you get approved for a loan.
Bad credit options
We offer no credit check loans in Georgia, so even those who face problems qualifying for traditional loans can get much-needed financing.
Professional customer support
Our dedicated team goes above and beyond to make your borrowing experience smooth. If you have any questions or need assistance, don’t hesitate to call us at (302) 306-6167.
We Are Trusted by Thousands of Customers
exceptional service
had a really good time at 1f cash Advance explained everything to me in a way I understood also gave me some awesome tips on managing loans that I never wouldve thought of myself and just exceptional service!
expected getting a loan to be tiring
expected getting a loan to be tiring, but Dove made it smooth and stress-less and their chill attitude and expertise made a difference she even shared practical ideas on budgeting and staying on top of payments.
Taking this loan out went way smoother…
Taking this loan out went way smoother than I thought managers weren’t just professional but also pretty friendly, which made the whole thing less nerve-wracking their advice on handling the payments and keeping my credit solid was useful too. Its cool to see a finance place act like real people for a change!
recommend
if your looking to get a loan, I’d recommend going to check this place out for sure. The folks there are friendlier than your cousin Jed, and they’ll give you real solid advice on budgeting and dealing with debt that makes sense. They turned what couldve been a real stressful thing into a nice casual chat between friends
I’m very happy.
Their customer service really stood out. I had a question about repayment terms, and they explained everything in detail without making me feel pressured. I’m very happy with my experience.
FAQ
How do bad credit installment loans work?
Bad credit installment loans provide quick access to cash for borrowers who can't qualify for traditional loans. They come in a lump sum amount of up to $5,000, which you need to repay in a series of affordable monthly installments over up to 24 months.
What credit score do I need to get an online loan?
We set no minimum credit score requirements and accept borrowers with bad or no credit. The verification process involves assessing your overall financial situation.
Is it possible to get guaranteed loan approval?
Bad credit loans are subject to approval, and approval is not guaranteed. Underwriting includes evaluating your income, employment status, debts, and payment history.
Are bad credit installment loans worth it?
Installment loans for bad credit may be a great option for people who need extra funds to cover unexpected expenses but can't qualify for traditional loans due to their low FICO ratings. However, you need to carefully assess your ability to repay the loan before applying. Make sure your interest rate is fair and monthly payments are within your budget.
Where can I file a complaint against an illegal payday lender in the state?
Georgia victims of payday lenders should pursue criminal action through their local district attorney and report the incident to the Georgia Department of Banking and Finance by calling 770-986-1633.