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Frequently Asked Questions
Search topics or browse answers about personal installment loans below.
An installment loan is a personal loan borrowed as a set lump sum and repaid over a fixed period through regular monthly installments. Unlike credit cards or payday loans, installment loans feature set repayment schedules and predictable payment amounts.
Loan amounts available through our referral network typically range from $500 to $5,000. The maximum amount you may be offered depends on participating lender policies, income, state regulations, and your credit profile.
Submitting an initial request on Cash Loans Bear does not impact your credit score. If a participating lender extends an offer and you proceed with formal application, the lender may perform a hard credit inquiry as part of their standard underwriting process.
APR represents the annual cost of borrowing expressed as a percentage rate. It includes both the interest rate and any applicable lender fees. Reviewing the APR allows you to accurately compare loan offers across different financial providers.
Cash Loans Bear does not charge any fees for submitting a loan request. Participating lenders are legally required by federal law (Truth in Lending Act) to provide full fee schedules, including origination or late fees, prior to contract execution.
No. Approval is never guaranteed and all loan requests are subject to approval by participating lenders. Qualification is evaluated based on income verification, creditworthiness, state law, and individual lender criteria.
Missing a payment may result in late fees or affect your credit rating depending on lender policies. If you anticipate difficulty making a payment, contact your lender directly as early as possible to discuss workout arrangements.