Florissant Personal Loans

Installment Loans in Florissant, MO

Looking for a quick loan in Florissant? Do you have a financial emergency that you need to get handled ASAP? Worried that your bad credit might get in the prevent that?

We’re here to help. King of Kash has been providing affordable personal loans to Florissant residents for over 40 years and has funded more loans than all banks, credit unions, and private lenders in Missouri have combined.

The reason for that is that we want to you get through this rough patch and we don’t think that a few financial mistakes in the past should make your life any harder than it already is. Learn more about our lending services in Florissant to see how we can help you get back on solid ground.

Florissant residents who need cash fast may be looking into the options available to them. Today, there are a lot of different options, but many of them aren’t going to be applicable, are going to be difficult to get, or are going to need to be repaid too fast. Instead, residents in Florissant may want to look into getting an installment loan, as this might be the best option for their needs.

Why Fast Cash is Needed

Fast cash can be needed for a number of reasons. When an appliance in the home breaks down, it may need to be replaced right away. It’s possible to live without a dishwasher while saving up for a new one, but it’s not so easy to live without a refrigerator. Vehicle repairs may also require fast cash since the resident likely needs to use their car to get to work, buy groceries, and run other errands. They likely can’t wait and save up the money for the repair.

How Much Cash is Needed

Something to consider when looking at loans is how much cash might be needed. For emergencies like those listed above, the total amount needed is often less than $1,000. These are smaller amounts, so that can narrow down the resident’s options for where to get the money they need. Residents should carefully consider the full amount they need to make it through the emergency, whether that means getting more cash now and having more to pay back or looking into less expensive options so they can borrow less.

What Type of Loans are Available to Me in Florissant?

There are various types of loans available today. Residents can ask friends and family members for money, but that’s not always the best solution, and they may not be able to get enough money to handle the emergency.

There are personal loans from banks, but these are usually only given for approved purposes, and they’re often for amounts over $10,000. Payday loans are another option for small amounts, but they do need to be repaid in full with the resident’s next check. The final option is an installment loan, which offers a ton of benefits for residents and avoids the downsides of other types of loans.

Before you start signing any paperwork, you need to know what sort of loans are available to you so you get the one that’s right for you.

• Title loans: This type of loan requires that you put the title of a lien-free vehicle up as collateral to qualify. The amount you’ll be approved for depends on the value of your car, you income, and your credit rating. The average interest rate for a title loan is roughly 25% which is incredibly expensive and if you happen to default on your loan, you can lose your vehicle as well.
• Payday loans: These loans are typically low dollar loans lent over short time frames (less than 2 weeks). To qualify for these loans, most borrowers will only need to sign over a post dated check or schedule a debit for the total amount of the loan (including fees). While cash advances are easy to get, they have ridiculously high interest rates in the 300%+ range due to their fee structure.
• Personal loans: This type of loan is as accessible as the previous two since your credit-worthiness is based off your ability to repay the loan, not your credit score or what collateral you’re able to put up. Personal loans are also easier to pay back since the loan is divided into equal monthly payments and spread out over the course of a year or more. Interest rates are significantly lower and start as low as ~8%.

King of Kash specializes in personal installment loans with an affordable, fixed payment plan so you can get the money you need without the high risk associated with other types of loans.

Personal loans are loans based off of the borrower’s ability to repay the loaned amount and the approval process takes your income and credit history into account, which is why we’re able to whittle down the approval process to minutes, not hours or days!

Personal loans are a much safer alternative to title or payday loans since you’re able to pay off the loan over a longer period and you aren’t risking your vehicle.

Benefits of Installment Loans

Installment loans are an excellent choice for a number of reasons. Some of the benefits Florissant residents can receive include the following.

• Get Money Fast – Residents who get an installment loan can typically get the money they need in just a few hours. The money is directly deposited into their bank account, so the whole process doesn’t take long.
• Easy and Quick Approval – Residents are more likely to be approved for an installment loan, even if they have a low credit score. Applications are processed as soon as they’re received, so the resident won’t have to wait long for an answer.
• Payments Over Time – Unlike payday loans, installment loans can be repaid over time. Each month, the resident pays part of the loan amount until it is paid off in full plus any interest that accrued.
• Money for Anything – Residents can use the money from an installment loan for anything they might need. There are no limits on how the money can be spent, so residents can handle any type of emergency they might have.

How to Get a Loan Fast

It’s easy to get an installment loan, and most residents who apply will be approved. The process starts by filling out a fast application online. Residents need to provide their contact information, proof of identification, their employment information, and their bank account information. Once the application is submitted, the lender starts to review it immediately. When the resident is approved, the money will be deposited in their bank account, and they can spend it immediately. They will then make payments over time until the loan and interest are fully repaid. It is that easy to get an installment loan and for residents to have the cash they need to handle any emergency.

If you’ve run into a situation where you need extra cash right away, there are options available for you. However, an installment loan is likely the best choice as it provides all of the benefits you need with none of the downsides that other loan options might have. If you could use some money right away, fill out our application now, and be approved fast. You can also contact us if you have any questions before you begin.

What Can I Use My Loan For?

Some private lenders will require that their loan be used for a specific purpose. They’ll even go as far as to print the check themselves with the payee and amount pre-filled in so it can’t be used anywhere else.

At King of Kash, it’s your money. You can use it wherever and however you want.

Uses for Your Loan

• Going on vacation
• Planning your anniversary
• Paying off school loans
• Fixing your car
• Covering a medical expense
• Floating a house payment
• Paying your utilities
• Getting groceries
• and more…

Frequently Asked Questions

How long does the application process take?

We’ve refined the King of Kash loan process so tightly in Florissant that approval can happen in as little as just a few minutes AND you can have your funds right after you’re approved!

How much can I borrow from King of Kash?

Based on your payment history, you can be approved for up to $3,000 from a King of Kash store. However, most of our loans are for under $1,000, and your first loan can be up to $800.

Do I need collateral to get an installment loan?

No, you don’t have to part with or put anything up as collateral for one of our personal installments loans.

Can I pay my installment loan off early?

Absolutely! There are no penalties or minimum required months before your loan can be paid off.

How can I make my monthly installment loan payments?

We want the loan process to be easy for Florissant residents, so payments can be made using a debit or credit card in person or on the phone, via money order at any of our store locations, or we can even set up automatic deductions from your bank account so you don’t have to worry about making your payments.

How do I pick up my cash after I’ve been approved?

We want to make this process as easy as possible for you so we have many ways for you to get your money when you need it. You can swing by the nearest King of Kash location to pick up your check or have it deposited straight into your account by way of bank wire or ACH transfer. Most bank wires clear same day and ACH transfer clear next day on business days (Monday – Friday).

King of Kash is the Easy Loan Store™ for a reason!

or CALL (314) 656-4647