Installment loans are emergency funding options that came as a better alternative to the highly restricted payday loans. Because of their very short term and high interest rates, payday advances put a lot of people in debt traps. Lenders like CashUSAToday understood the pain of the borrowers and started financing online installment loans for bad credit which have less bad impact on the credit score. People were also able get higher amounts of cash with flex pay loans. Needless to say, payday loans used to give very low cash amounts … Read More..