Get Your Offer
First, pick your loan amount.
Getting Your Money
If you need money in a hurry, our loan network is the best place to turn. This is especially true if you have bad or poor credit. The last thing that you would want to do if you need fast money is turn to a direct lender. With a direct lender, you would need to meet one set of requirements. Don’t fit their mold, you are denied and the game is over.
With a loan network, if one lender decides not to make you an offer, your quote moves securely to the next lender. This continues until you get an offer or every lender has said no. It is the fastest way to get an approval.
The Quote Process
The process of getting a quote is super easy with the Loan Monkey website. We know you need your quote fast and we are here to help you do just that. Here is what you need to do. .
First, you need to input your information in the quote form at the top of the page. Only basic information is needed so it will just take a few minutes to complete. Besides your contact information and income information, it will also ask for your banking information. This is because your lender will deposit the money for your loan directly into your account if you are approved and accept your loan. It is the fastest way to get your 1200 dollars.
Next, you need to accept the terms of service and submit your information. When you do, the information you have entered is submitted to the loan network. It will then go from lender to lender until you get your offer. If a lender decides to offer you a loan, you will be directed to their website or you will be sent the details of your loan.
Take the necessary time to review your offer and make sure that you understand the costs of the loan and the repayment terms. If you have any questions, ask your lender for clarification BEFORE you accept your loan. Once you accept, it is too late, so be sure you know all the details first.
If you like the offer that you have been given, you just need to accept it and your lender will get you the $1200 ASAP. This could be as soon as the next business day. Once you have the money, you can spend it however you like, it is your money.
$1200 Can Buy A Lot
Now that you have your installment loan, what are you going to spend it on. Borrowers spend money on all sorts of things, sometime emergencies and sometimes luxuries. Here are a few common purchases.
Emergency car repairs can easily surpass a thousand dollars. If you have been hit by a surprise breakdown, this is a great use for your installment loan.
$1200 can buy a pretty decent trip. Fly to Vegas and spend a couple of days on the strip. Take your family to a cabin in the woods. The options are endless.
Home Repairs & Purchases
Did the hot water heater go out? Need to get a plumbing leak fixed? Your installment loan can take care of this easily.
Procedures like root canals and crowns can cost a fortune with or without insurance. If you need some work done, an installment loan can be just the ticket.
Other Ways To Get $1200
Besides an installment loan, you might have other ways to get the money that you need. Here are some possibilities that you might want to consider.
If you have an employer retirement account, you might be able to withdraw money from it. This would be an ideal type of loan for a number of reasons.
First, the payments would be low and split up over a long period of time. They would also be withdrawn automatically from your paycheck so you would never miss it.
Next the interest would be low and just paid back to yourself in most cases.
Overall, if you can take out a 401K loan instead of an installment loan, you should do it. The only problems are that mot every plan allows loans and it might take a bit of time to get your money.
Not recommended, but a possibility non the less. If you have a vehicle that is free and clear, a title loan company would be more than happy to make you an offer.
The problem with title loans is what you are putting down. You are giving the title loan company the ability to take your vehicle if you default on the loan. Rest assured that they will, in fact, take the vehicle if given an opportunity.
Friends & Family
Have a rich uncle, hit them up for a loan. It would be interest free and the repayment terms would probably be a bit more casual than with a bad credit lender.
Money and family is a tricky situation but if you navigate the waters carefully, you might be able to make it work. Just be careful to take your relatives feelings into account and pay back the $1200 loan as soon as you can.