US Installment Loans Review: Access Same Day Loans With Guaranteed Approval


US Installment Loans is an online website platform that matches borrowers with a wide panel of loan providers that are actively based in the US. In other words, it is a loan broker that essentially acts as a middleman, with all loan applications submitted through their website distributed almost instantly to over 100 lenders within their network for review. 

And given that all partner lenders within their network are vetted, this makes it a great option for those who may be first-time borrowers looking to avoid dealing with any unscrupulous online lenders. Plus, it significantly helps to reduce the amount of time and effort that would be needed to locate the right lenders separately. 

Furthermore, with US Installment Loans, you can access funding of up to $35,000 with an approval rate of over 90%, even if you have a bad credit history, and all at a more reasonable rate than most other loan services.

How Does The Lending Process Work?

US Installment Loans

You can access same-day loans from US Installment Loans by simply heading to their loan application page and filling out an online pre-approval form that should only take you a few minutes to complete. The step-by-step process is as follows:

  • Step 1: Select the amount that you wish to borrow
  • Step 2: Choose the category your credit rating falls in, eg. excellent, good, poor, etc.
  • Step 3: Detail the purpose of the loan
  • Step 4: Fill out your name, address, DOB, phone number, driver’s license number, etc.
  • Step 5: You will also need to provide details on your place of employment, your income type, and your annual amount, as well as information on how you receive your paycheck and when it is generally due.
  • Step 6: Input your bank account details to finalize the process.

Once submitted, CocoLoan’s lending network will review your application and make a swift decision on whether you qualify for a loan or not. You should also keep in mind that the amount you may qualify for may not be what you initially applied for, as this can vary depending on your credit score as well as your level of income. 

If approved, you will be presented with multiple loans offers from different lenders, which enables you to compare the best options available to you. And should you accept an offer, you can expect the funds to be deposited into your account within the same day, if not the next business day, at the latest.

Advantages and Disadvantages Of Using US Installment Loans

The benefit of using US Installment Loans is that the service is trusted by thousands of customers and is designed to be highly secure, as the platform utilizes high-end encryption to protect your data. The company also doesn’t charge borrowers any extra fees or hidden payments for using their platform. 

And this is because the company believes that taking out a loan and paying interest is already a financial burden on the borrower, so they want to avoid complicating things by charging borrowers a brokerage fee. As a result, US Installment Loans earns its profits by charging its lending partners fees for connecting them to potential borrowers, which means that the entire service is completely free to use. 

You also don’t need a perfect credit score to successfully submit an application, and with the entire process designed to be as simple as possible, this means that you can easily complete the application form in just 5 minutes, with all approved funds processed within 24 hours. 

On the flip side, the downside of using this service is that, depending on the state you reside in, some loans may not be available. Also, once you sign a loan agreement, you are unlikely to get any defense on loan issues, which means that you are open to late payment penalties, credit score damage, or worse, litigation issues for defaulting.

Does Funding From US Installment Loans Impact My Credit Score?

No, it will not. The good thing about taking out a same-day loan from US Installment Loans is that most of their partner lenders will typically conduct a soft credit check on your report, which, unlike a hard credit check that is typically conducted by most traditional lending institutions, will not negatively impact your credit rating. 

Moreover, most online lenders do not typically report to major credit bureaus because the loans that they give out tend to be so short-term that they don’t generate a credit report item. However, it is important to keep in mind that if you end up defaulting on your loan, there is a high chance that the lender may choose to file a report to the relevant credit bureaus. It is for this reason that you should always keep an eye on the loan period as it draws to a close, in order to ensure that you don’t end up being penalized.


US Installment Loans is a fantastic lending service for those looking to quickly secure a short-term loan, even with a bad credit history. The loan application process is not only simple and straightforward, but it is also not as stringent as most other loan companies out there. Plus, you can carry out the entire process from the comfort of your own home, as well as compare multiple loan options from various lenders almost instantly. 

The turnaround time on a decision is extremely low, and the APRs are variable, so you can easily get funding at a fair and reasonable rate. The only main thing to keep in mind as you apply for funding is that you should only ever take out a loan if you are confident that you can afford to make the repayments on time; otherwise, you could find yourself sinking into bad debt.



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