Online Installment Loans: Borrow $500–$5,000 with Fixed, Predictable Payments
Cover a bigger expense without the lump-sum stress. A Cash Store installment loan breaks your balance into equal payments over 3–12 months — apply online in about 5 minutes and get funds as soon as today.*
What Is an Online Installment Loan?
An online installment loan is a fixed-amount loan you repay in equal, scheduled payments — called installments — over a set period of time. At Cash Store, installment loans range from $500 to $5,000 with terms from 3 to 12 months, and every payment includes both principal and interest, so your balance shrinks with each one.
That structure is what makes installment loans different from a single-payment cash advance: instead of repaying everything at once on your next payday, you spread the cost across payments matched to your pay schedule. You'll know your exact payment amount, due dates, and total cost in writing before you sign — and because there's no prepayment penalty, paying early always saves you interest. If you own your vehicle outright, a title-secured loan may unlock a larger amount or better rate.
Installment loans work best for one-time, mid-sized expenses — a major car repair, a medical bill, a security deposit, or bridging a temporary income gap — where a fixed monthly payment fits your budget better than one lump sum.
Is an Installment Loan Right for You?
A good fit if you…
- Need $500 or more for a one-time expense that's too big for a single-payment advance.
- Want a predictable budget. Fixed payments on set dates make planning simple.
- Have steady income from a job, self-employment, or benefits that covers the payment comfortably.
- May pay off early — no prepayment penalty means finishing ahead of schedule cuts your total interest.
- Have imperfect credit. Underwriting weighs income and ability to repay, not just a score.
Look elsewhere if you…
- Can qualify for cheaper credit. A bank loan, credit union PAL, or 0% card intro offer will cost less.
- Need it for recurring bills. Loans can't fix an ongoing gap between income and expenses.
- Want to consolidate other debt. High-APR credit is the wrong tool for paying off other loans.
- Aren't confident about repaying. Missed payments add fees and can hurt your credit.
- Only need a small, short bridge — a cash advance repaid on payday may fit better.
How It Works: From Application to Cash
No branch visits, no paperwork marathons. Most people finish the whole process before their coffee gets cold.
Apply Online
Tell us how much you need and share basic details — about 5 minutes, fully encrypted.
Get a Fast Decision
We look at your full financial picture — income and ability to repay, not just a credit score.
Review Clear Terms
See your rate, payment schedule, and total cost in plain English — before you commit.
Receive Your Money
Funds go to your debit card or bank account — as soon as the same business day.*
See What a Loan Could Cost Before You Apply
Slide to your amount, pick a product and term, and get an instant estimate. Free, no obligation, and no impact on your credit to check.
Which loan fits your needs?
How long to pay it back?
6 monthly payments
- Loan amount$1,500
- Representative APR189%
- Est. total interest & fees$210
- Est. total to repay$1,710
Estimate only, shown for illustration. Your actual rate, term, and payment depend on your application and state, and are disclosed in writing before you sign. Checking your rate won't obligate you to accept a loan.
Installment Loan vs. Cash Advance vs. Title Loan
All three get you cash fast — the right one depends on how much you need and how you want to repay it.
| Installment Loan | Cash Advance | Title-Secured Loan | |
|---|---|---|---|
| Amount | $500 – $5,000 | $200 – $1,000 | Up to $5,000 |
| Repayment | Fixed scheduled payments | Single payment on payday | Monthly installments |
| Term | 3 – 12 months | Until next payday | 3 – 12 months |
| Collateral | None | None | Vehicle title |
| Best for | Larger one-time expenses | Small payday-gap bridges | Bigger amounts using car equity |
| Learn more | You're here | Cash advances | Title loans |
Availability, amounts, rates, and terms vary by state — see Rates & Licenses for the disclosures that apply where you live.
What You Need to Apply
Government-issued ID — a driver's license, state ID, or passport showing you're 18 or older.
Proof of income — a recent pay stub, benefits statement, or bank deposits if self-employed.
Active checking account — where we send your funds and collect scheduled payments.
Working phone & email — so we can verify your application and send your documents.
Installment Loan FAQ
What is an online installment loan and how does it work?
It's a fixed-amount loan repaid in equal, scheduled payments over a set term — 3 to 12 months at Cash Store. You apply online, get a decision in minutes, and if approved, funds can arrive as soon as the same business day. Every payment includes principal and interest, so your balance drops each time you pay.
How much can I borrow?
Installment loans range from $500 to $5,000. The amount you qualify for depends on your income, your state, and our assessment of your ability to repay — not just your credit score.
Can I get an installment loan with bad credit?
Yes — all credit types are considered. We evaluate income, employment, and overall ability to repay rather than a single score. Approval isn't guaranteed, but a low score alone won't disqualify you.
How is this different from a payday loan?
A payday loan is repaid in one lump sum on your next payday. An installment loan spreads repayment across smaller fixed payments over several months, which is usually easier to budget for larger amounts. Read our full comparison guide.
Will paying off early save me money?
Yes. There's no prepayment penalty, and interest accrues over time — paying ahead of schedule reduces the total interest you pay. For example, a $1,000 loan at 189% APR over 6 months costs $1,532.64 in total if paid as scheduled; finishing early lowers that figure.
How fast will I get the money?
Most applicants get a decision within minutes. If approved, funds can be sent to your debit card or bank account as soon as the same business day, depending on approval time and your bank's processing.*
See Your Installment Loan Rate in About 5 Minutes
Checking is free, won't obligate you to accept, and shows your exact payment schedule and total cost before you decide anything.
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