Need flexible monthly payments instead of a single lump-sum payday loan? Installment loans in Louisiana are a legal and convenient option.
What Are Installment Loans in Louisiana?
Installment loans are short-to-mid-term credit options repaid over a schedule of equal monthly payments.
Benefits of Installment Loans in Louisiana
- No balloon payments or surprises
- More manageable than payday loans
- Regulated under state law
- Accessible to more borrowers
How to Apply for Installment Loans in Louisiana
- Fill out a simple application
- Get matched instantly
- Get money in your account quickly
Installment Loans vs Payday Loans in Louisiana
| Feature | Installment Loans | Payday Loans |
|---|---|---|
| Repayment | Multiple payments | Due on next payday |
| Loan Amount | Typically higher | Usually lower |
| Best for | Ongoing expenses | Emergency cash |
Ryan Abramson independent financial advisor. He has been working in the financial sector for over 16 years. Worked in two large US banks. He has 2 higher educations - economic and financial.
