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Getting installment loans is all the time much good than payday loans. Remember that there are many similarities in the middle of both of these types of loans. Many lenders would not require faxing and would not do a reputation check. So you are going to get approval in just a few hours. But the only difference in the middle of the 90 day installment loans and the payday loans is that the 90 day loans are installment loans.

You are given three months to repay the loan to the lender. This means that borrowers would feel more relaxed and would also be able to pay the lender without too many hassles. These are the best solutions for people who are in dire emergency. No other clarification is as good as these 90 day loans. Many people might be afraid to get the payday loans after hearing news about a lot of people defaulting on these loans. But the fact is that there are very less people who default on the 90 day installment loans. This is primarily due to the longer term and the potential to repay in the form of installments.

There are many lenders who are ready to give you the no fax 90 day loans. Doing a quick search in the internet would chronicle many loan providers who need no faxing of documents at all. The major requirement to get these installment loans is that the borrower needs to be employed and should be receiving at least 1000 dollars per month. But the actual requirement might vary depending on the lender.