One of the primary reasons people choose to apply for installment loans for bad credit is due to the comfort it offers. Usually, people asked to wait for days and weeks to have any loan sanctioned even with their own banks. This means they cannot get money if they are in need or faced with a crisis. It adds to the already existing stress that they might be going through due to the financial crunch and their personal emotions. We look at the comforting factors in applying for instant loans. No Credit Check The primary factor is that these companies do not run a credit check on the applicant. So, even if you are having a bad credit score you can still have your loan application approved by these companies. Minimal Documentation The documents required to apply for these installment loans for bad credit is also minimal. By providing them with age proof, income proof, US residency proof, valid contact information, and banking details one can have their loan application approved. Higher Loan Amount Usually short-term loans offer not more than a $1000 for applicants. Whereas with these installment loans you can get up to $3000 for your emergency needs and expenses. Lower TAT (Turn Around Time) With these installment loans, applicants tend to have a low turn around time for approval and for the money to be deposited into their bank accounts. You do not have to wait for longer than 24 hours before you have access to the loan amount you applied for. Easier Repayment Repayment schedules offered by these companies providing instant loans are longer too. This means your financial burden would not be all that much when compared to the other loans that you might end up taking with banks or financial institutions. Due to the above-mentioned reasons people find these types of loans a lot more comfortable to apply, get approved, and repay. If these were already not good enough, you can also better your credit history by prompt repayment of these loans.