Installment Loans from Perch

Get access to the money you need in the moment and have the freedom to pay it back over time.

With an installment loan from Perch, you get money on your terms with the ability to pay back over time.

An installment loan can be used for...

  • Unexpected expenses
  • Car repairs
  • Down payments
  • Consolidating debt
  • Whatever you decide!
  • Unexpected expenses
  • Car repairs
  • Down payments
  • Consolidating debt
  • Whatever you decide!

What makes an installment loan from Perch different?

Apply in Minutes

Instant approval decision

Apply in minutes, get approved
instantly and access your money
the same day*

Guaranteed money back from Perch Loans

Money guarantee

allows you to change your mind within 3 business days and repay the principal with no fees

Flexibility to Push a Payment with Perch Loans

Push a payment

within the term of your loan with no additional interest.**

*Approvals before 10:30 AM ET (M-F) are typically funded by 5 PM ET same-day. Approvals after 10:30 AM ET are normally funded the morning of the next banking day.

**Once per loan term; restrictions apply.

Rates & Terms for Installment Loans

Our personalized installment loans offer better rates and longer repayment terms compared to short-term loans.

Loan Type: Installment Loan
Loan Amounts: $500-$2,500
Loan Term: 9-15 months
(may vary by state)
Funding: Typically 1 business day or less
Approval by 10:30AM ET (M-F) is typically funded by 5PM ET same-day. Approval after 10:30AM ET will be funded next banking day.

Example Installment Loan

Below is a typical loan example. Other loan amounts and terms are available.

Loan Amount
$1,600
Bi-weekly Payment
$120.29
Loan Term
12 months
Annual Percentage
Rate (APR)
149.99%
Finance Charge
$1,527.54

Take flight in 3, 2, 1

With Perch, it's faster and easier to elevate your financial vantage point.

Perch Loans Online application

Apply online in minutes

Our simple online loan application takes just a few minutes to complete and can be done from land or sky.

Instant approval decisions

Good news travels fast -
receive loan decisions almost instantly.

Instant approval decisions by Perch Loans
With Perch Loans, access money the same day

Access your money

Get your money the same day* and get started planning for better and brighter tomorrows.

Never fly solo

Choose Perch Loans and elevate your financial vantage point.

*Approvals before 10:30 AM ET (M-F) are typically funded by 5 PM ET same-day. Approvals after 10:30 AM ET are normally funded the morning of the next banking day.

Installment Loan FAQs

How do I get approved for an installment loan?

When applying for an installment loan, we use your personal information to determine a loan amount that works for you. The following factors contribute to approval: loan amount, credit score and ability to repay. No collateral is needed.

How soon can I get my money from an installment loan?

Good news — loan approval happens almost instantly. Once approved, the funds from the loan are deposited directly into your bank account, as soon as the same day. Approvals before 10:30 AM ET (M-F) are typically funded to your bank account by 5 PM ET same-day. Approvals after 10:30 AM ET are typically funded in the morning on the next banking day. Banking days are M-F, excluding holidays.

How do I repay my installment loan?

Repayment of your loan will take place on each installment due date, typically on your pay day as outlined in your loan agreement. These payments are automatically scheduled as a withdrawal from your bank account.