Payday Loans Alternative

Golden Valley Lending offers the payday loans alternative. Our goal is to help borrowers find access to funds when needed most in a manner that is clear, easy, personal and straight-forward. Here’s how it works.

Golden Valley Lending’s Payday Loans Alternative Is a Fixed-Term Installment Loan

An installment loan is repaid over time with a set number of scheduled payments. The term “installment loan” could mean just a few months or possibly several years. In other words, you can borrow a specific dollar amount from a lender and with an installment loan you agree to pay those funds back plus interest in a series of agreed upon payments.

At Golden Valley Lending, our payday loans alternative is an installment loan. This product is a safe and affordable alternative to traditional payday loans. Our payment terms consist of bi-weekly payments. Payments are made every other week, and for your convenience, we can automatically draft your checking account requiring no work on your end.

Golden Valley Lending offers the payday loans alternative. Our goal is to help borrowers can find access to funds when needed most in a manner that is clear, easy, personal and straight-forward. Here’s how it works.

Golden Valley Lending’s Payday Loans Alternative Is a Fixed-Term Installment Loan

An installment loan is repaid over time with a set number of scheduled payments. The term “installment loan” could mean just a few months and possibly several years. In other words, you can borrow a specific dollar amount from a lender and with an installment loan you agree to pay those funds back plus interest in a series of agreed upon payments.

At Golden Valley Lending, our payday loans alternative is an installment loan. This product is a safe and affordable alternative to traditional payday loans. Our payment terms consist of 20 bi-weekly payments. Payments are made every other week, and for your convenience, we can automatically draft your checking account requiring no work on your end.

Payment Amounts Decrease Over Time

At Golden Valley Lending, each bi-weekly payment consists of principal and interest. With each payment, principal is paid down, which results in less interest being paid for each following payment. As the size of your loan decreases, so does the size of your payment. Said another way, the longer you have your installment loan with Golden Valley Lending the lower your payment will be.

No Prepayment Penalty

Imagine you take out an auto loan with a five year payback period. Three years into the loan you receive a windfall of cash and realize you can afford to pay off the remaining balance. That’s great news, right? To payoff one’s loan early seems like the smart and responsible thing to do. But if your loan has a prepayment penalty attached, you will be charged an additional fee to payoff your balance.

Our payday loans alternative doesn’t have a prepayment penalty attached to any loan. If you find yourself in a position to pay off the balance at any time, you can do so without paying a penalty. We do not want to penalize you for managing your money in a smart and responsible manner. We want to be your partner as you improve your financial position now and in the future.

Financial Freedom is Within Reach!

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Financial Freedom is Within Reach!

apply now