How Installment Loans Work
Understanding each phase of an installment loan ensures you make informed borrowing choices with complete clarity on costs, timelines, and legal rights.
Start Online
Provide basic information and the amount you want to explore ($200 – $5,000). You will state your intended loan purpose and contact details through our secure digital form.
Review Available Options
If options are available, review provider-specific loan amount, APR (5.99% – 35.99%), fees, payment schedule, and terms (6 – 60 months) matching your financial profile.
Review the Agreement
Read the Truth in Lending Act disclosures and complete loan agreement carefully. Pay close attention to APR, total finance charges, fee structures, and the payment due dates.
Decide
Accept an offer only if the payment, total cost, and repayment schedule fit comfortably within your monthly budget. There is never an obligation to accept an offer.
Common Documentation Checklist
Having standard records organized helps streamline provider underwriting and verification:
Identification
Valid government photo ID such as a state driver's license, passport, or state identification card to confirm identity and age.
Income Verification
Recent paystubs, W-2 statements, 1099 forms, or bank statements demonstrating consistent, recurring earnings or qualified benefits.
Bank Account Details
Bank routing and account numbers for an active checking or savings account in your legal name to receive funds and schedule ACH debits.
Important Operational Realities
Three Sticks Lending is an informational platform, not a direct lender. We do not promise approval, instant approval, guaranteed funding, same-day funding, a specific lender, or a specific rate.
All credit decisions, underwriting criteria, funding timing, and loan terms are determined solely by independent participating lending partners in accordance with applicable federal and state statutes.
Representative Disclosure: Loan amounts from $200 to $5,000, APRs from 5.99% to 35.99%, and repayment terms from 6 to 60 months are representative ranges and may vary by provider, applicant eligibility, state law, and other applicable requirements. Review the specific offer and disclosures before accepting.