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Installment Loans With Harpsey – Apply Now! 

1 to 60 Months – Flexible Repayment 

Installment loans offer an upfront lump sum amount and flexible repayment options spread over 3, 6, 12 or even 60 months. You choose the amount and duration of the repayments, which are repaid in equal monthly instalments. You can borrow from $100 to $35,000, even with bad credit or no credit check options. 

Funding is made available within 24 hours or sometimes on the next business day. Fast and secure application with Harpsey. Simply click below to get going with an installment loan.

Why Should I Apply For An Installment Loan Through Harpsey? 

Harpsey offers customers a wide range of installments loans across the US market, competitively priced and only from reputable lenders.

Harpsey is a loan sourcing service which means it matches customers with the most suitable lender, based on product type, credit profile and location.

Our online application service is completely free and no fees are charged for using our service. Equally as important, your credit score is not affected by applying for an installment loan with Harpsey. This is because our lenders allow you to pre-qualify to view the best installment loan options without impacting your credit score.

You can choose the duration of the installment loan that’s right for you. Whether you want to spread the repayments over 3, 6, 12 months or even longer, Harpsey allows you to select your exact preferences with no obligation to proceed with the installment loan. No fees are charged for using our application process.  

What Do I Need To Apply For Installment Loans? 

Applying for an installment loan with Harpsey is a quick and easy process. Our application is entirely online and can be completed in less than 5 minutes. We don’t charge any fees for applying and there’s no impact to your credit score.


Step 1: Make An Application

Choose the amount you wish to borrow and how long you want to pay it back. Our online application form can be completed in less than 5 minutes.

Step 2: Receive Your Offer

You’ll get an instant decision on screen with details of your loan offers. To proceed with an offer, you’ll be asked to electronically sign the loan agreement.

Step 3: Get Funded

Once approved, sit bit and relax whilst the funds are paid into your checking account within a few hours, or at the latest, on the next business day.

What Can I Use My Installment Loan For?

Installment loans can cover almost anything. The most common type of reason for taking out an installment loan is to buy a car, house or make another large purchase.

The chunk of cash received in one lump son with an installment loan means you can also use the money to deal with everyday emergencies including paying off debt, paying for a car repair, or tending to a broken boiler or plumbing issue.

At the same time, we also see installment loans come in handy for those individuals who need to pay for a wedding, support the costs of a funeral, pay for a rare family holiday or undertake home repairs. Credit card bills and other family expenses are also common reasons for wanting to take out an installment loan.

Some of our customers have told us that they’ve also put the installment loan towards growing their business as well as paying staff, buying materials or even settling a tax bill.

How Do Installment Loans Work? 

Installment loans are a common type of loan which allow borrowers to receive a lump sum of money that they repay back over a period of time in installment amounts.

The repayments are spread over several months with the amount typically being the same each month for the duration of the installment loan. Installment loans give borrowers flexibility to repay over a longer period of time depending on their financial situation.

Unlike a payday loan, which typically requires full repayment from the next paycheck, an installment loan is more flexible, giving you the choice to set it over longer period of time to repay. You’ll still receive the entire loan amount up-front but you remove the pressure of needing to pay the entire loan back straight away.

Installment loans can be secured with collateral (such as a car or other asset) or unsecured. The availability, rate and terms of an installment loan is usually based on the amount you want to borrow, the preferred duration of the loan and the customer’s credit profile. Other factors such as income and outstanding debts are often taking into account when it comes to assessing an installment loan application.

An Installment loan gives you the option of setting the repayment length from a few weeks to several months. The lenders we work with across the US offer anything from 1 month to 60 months repayment length for an installment loan.

Lenders typically offer the right to repay the installment loan early if a borrower wishes to do so. You can make a part, or full-repayment at any time. This helps to reduce the interests costs on the installment loan. You’ll end up saving money overall if you choose to make early repayment. Check the key terms of the loan to assess your full options.

Does Harpsey Offer Installment Loans Near Me?

Yes, Harpsey works with lenders across the entirety of the US to find the right installment loan for our customers.

Whether you’re situated on the West Coast including California, the East Coast like Illinois and Florida, the South like Texas or anywhere in between, Harpsey will match you to a trusted lender local to your state, and in line with your state’s specific laws and regulations.

Harpsey also works with national providers who span multiple US states offering competitive loan terms that are often difficult to match via banks or credit unions. There is no need to enter a store or visit in-branch. Everything is handled online, hassle-free, with our free and easy-to-use loan request form.

Key Features

Loan Amounts $100 to $35,000
Loan Terms 1 to 60 Months
APR 200% to 400%
Same Day Funding Yes
Bad Credit Yes
Direct Lenders Yes
Upfront Fees No

Representative Example

This is a typical example of a loan. Real terms will vary from lender to lender.

Borrow $2000 over 3 months, at 400% APR, 3 repayments of $1153.15, total repayable $3459.45

Am I Still Eligible For An Installment Loan With Bad Credit?

Harpsey works with lenders who support bad credit or no credit borrowers (unlike most banks who tend to require good to excellent credit). Bad credit is considered by reference to a FICO score of less than 630.

Many of our lenders understand that having a bad credit history does not always reflect the overall financial picture of a borrower. They will typically take other factors into account when assessing the applicant such as income, affordability and outstanding debts, instead of solely relying on the credit score. This could involve assessing bank transactions, employment, education and existing debt commitments.

You may also boost your chances of being approved for an installment loan with bad credit if you put up collateral (such as a car, or jewellery) as security for the loan, particularly if you want to borrow a larger amount. You do risk losing the collateral if you cannot keep up the repayments.

By spreading repayments over a longer period, bad credit borrowers can use an installment loan to get their finances in order.

Can An Installment Loan Boost My Credit Score?

By taking out an installment loan, it can help to strengthen your credit profile provided you make the repayments on time and in full. This is because most reputable lenders pass on certain repayment data to at least 1 of the 3 major credit bureaus (Equifax, Experian and TransUnion).

Repayment history determines 35% of your credit score (known as FICO score) and any installment loan repayments made on-time and in-full help to boost that picture.

It’s worth bearing in mind that if you do miss a repayment or repay beyond the usual agreed date, it can have adverse consequences to your credit score. Similarly, if you apply for an installment loan with bad credit, the APR may be higher compared to a borrower with good to excellent credit. This is due to the risk of default that the lender has to factor in when making a loan offer.

Lenders must disclose the loan’s APR (interest rate plus all other fees) which will vary based on the credit profile of the borrower.

If you do have bad credit, then choosing an appropriate amount to borrow together with a longer duration to repay is certainly sensible. This will ensure you give yourself the breathing space you need to meet all the repayments.

Most lenders also have the option to set up automatic payments from a checking account so you don’t manually have to make the payment each month. This helps to remove the pressure of remembering to pay.

Other Requirements Are:

– You must a valid cell phone and email address to verify the loan

– You must not have suffered a recent bankruptcy

– You must be able to afford the monthly repayments

Who Is Eligible For An Installment Loan?

Harpsey’s pool of lenders put affordability at the heart of their assessment and eligibility criteria. More specifically, there are some basic criteria requirements to qualify for an installment loan. These are:

– You must be US or Canadian citizen

– You must be over 18 years of age

– You must have a live checking account

– You must have a steady income of at least $800 per month

Do You Offer Installment Loans With No Credit Checks?

Some of Harpsey’s lenders do offer installment loans without a credit check. This is often linked to a secured installment loan where the borrower puts up security such as a home, car or other asset as collateral for the installment loan.

In this scenario, the lender can seize possession of the asset and sell it to recover any unpaid amounts under the installment loan. Many secured loans also come with lower rates of interest because of the additional security the lender has at its disposal.

Otherwise, most US lenders will carry out a credit check before approving your loan. This is to ensure they have carried out their affordability checks for both their benefit as well as yours. Lenders have to satisfy themselves that you can afford to repay the installment loan and additional funds won’t exacerbate your financial situation.

Although the credit check is common practice, lenders often are more interested in finding out about a borrower’s outstanding loans and debts. This information usually helps lenders to build a better overall financial picture of the borrower.

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How Can I Apply Online For An Installment Loan With Harpsey?

Our loan request form takes less than 5 minutes to complete and the whole application process is handled 100% online. You’ll be asked to provide basic information such as your name, age, income, location, usual expenses and budgets.

The key part is selecting how much you want to borrow and the duration of the period to repay the installment loan. That can be anything from 1 month to 60 months.

Our service is available 24 hours a day, 7 days per week. You can complete your application with Harpsey using a mobile, laptop or desktop device. You will receive an instant decision on screen showing the loan options available to you. Subject to any final checks, funding is transferred into the borrower’s checking account within a few hours.

How Do Repayments Work For Installment Loans?

With installment loans, borrowers will typically choose to make equal monthly installments over a set number of months. This helps to budget and plan as you know the exact amount each month that is coming out of your checking account.

Most lenders allow borrowers to make early repayment in full or in part of their installment loan. If a borrower decides to exercise this right, it will help to bring down overall interest that accrues on the installment loan.

Lenders often have online portals to make repayments as easy as possible for borrowers. If you do run into financial difficulty and are concerned about missing a payment, we’d encourage you to speak to your lender at your earliest opportunity. You may be able to ask for an extension or revise the length of the installment loan. Late fees usually apply for missed repayments which can impact your credit score.


In theory, the longer the period you choose to repay, the more interest you will pay over the lifetime of the installment loan. At the same time, you need to choose a repayment period that is long enough to spread the repayments over and make them affordable for you. It’s also important to only borrow as much as you need to avoid paying more interest and fees over a longer period on a large amount.

With Harpsey, you can borrow any amount from $100 to $35,000 depending on the overall financial picture of the borrower and suitability for the amount requested. Approval of the amount requested usually comes down to the individual’s income, outstanding debt and affordability.

Borrowers may choose any period from 1 to 60 months (5 years) to repay their installment loan. If a borrower wants to take out a large installment loan, then a lender may require a longer repayment period to ensure they can afford the repayments. This helps to spread the repayments effectively.

Borrowers may choose any period from 1 to 60 months (5 years) to repay their installment loan. If a borrower wants to take out a large installment loan, then a lender may require a longer repayment period to ensure they can afford the repayments. This helps to spread the repayments effectively.

Most lenders include an option for a borrower to repay the loan early if they want to. This might be a full repayment or just a part repayment of some of the loan. Repaying early (either in full or in part) does not typically incur any fees but it’s prudent to check your options with your selected lender before proceeding.

Repaying early has many advantages. It reduces or eradicates the interest amount that’s applied to any remainder of the loan amount, and it helps boost your credit score. If your financial position improves, then clearing your loan account can be a helpful way to reduce the overall costs of the loan.

Typically, installment loan repayments are made in equal amounts on the same day each month to help with budgeting and consistency.

You will usually confirm the repayment date with your lender at the beginning of the loan, but this can usually be adjusted by you at any time with some notice. Most lenders charge the same amount each month which makes it easy to budget and plan.

However, some lenders do have options to differ their payment structures to cater for each borrower’s cashflow position, so please make sure you have a good read over your agreement when it comes to the repayment options before you proceed.