The main difference between an installment loan and a short-term or cash loan can be an installment loan is normally for a far more www.myinstallmentloans.net/payday-loans-me significant sum of cash so you typically repay it over a long wide range of time compared to typical loan this is certainly short-term.

Have always been we in a position to refinance my installment loan?

Economic circumstances can change and you’ll need more freedom whenever money this is certainly borrowing. That’s why loan that is unsecured in select states could be eligible for one or two refinance alternatives. If qualified, customers may choose to borrow more cash or paid off their re payments.

Qualified consumers in the states that are following are able to refinance: Alabama, Ca, Delaware, Georgia, Idaho, Illinois, Louisiana, Missouri, completely new Mexico, North Dakota, sc, Southern Dakota, Utah, Virginia and Wisconsin.