Integra Credit Installment Loans
- $500 to $3,000 — fixed-term loans with equal monthly payments and a set payoff date.
- 6 to 24 month terms — most states offer 9 to 18 months in practice.
- No fees either direction — no origination charge, no prepayment penalty.
- Fixed rate for the full term — your payment never changes once the loan is signed.
Our verdict: the structure is honest; the price is what you have to weigh.
Fixed-term, fixed-payment personal loans from $500 to $3,000 for borrowers with bad credit. Here is exactly how the product works, what it costs, and when it beats the alternatives.
Installment loan basics
An Integra Credit installment loan is a closed-end personal loan. You borrow a lump sum up front and repay it in equal monthly installments over a fixed term. Unlike payday loans, which require full repayment on your next payday, installment loans spread the cost over several months.
Key terms
How repayment works
You repay in equal monthly installments scheduled on the same day each month, usually aligned with your payday. Each payment covers both principal and interest. Because the loan amortizes, the interest portion of each payment is larger in the first months and shrinks toward the end of the term.
Integra charges no origination fee, meaning the full loan amount is deposited to your account. There is no prepayment penalty, so you can pay off the loan early and save on interest for the days you would have otherwise carried the balance.
Sample payment schedules
| Loan amount | Term | Approx. APR | Monthly payment | Total repayment |
|---|---|---|---|---|
| $500 | 6 months | 249% | ~$118 | ~$708 |
| $1,000 | 9 months | 229% | ~$193 | ~$1,737 |
| $1,500 | 12 months | 199% | ~$264 | ~$3,168 |
| $2,000 | 18 months | 179% | ~$307 | ~$5,526 |
| $3,000 | 24 months | 149% | ~$405 | ~$9,720 |
Illustrative figures for comparison purposes. Actual rates, terms, and payments depend on state of residence, loan amount, and lender assessment. See your loan agreement for precise figures.
What an installment loan is good for
Installment loans work best for one-time expenses with a defined cost:
- A medical bill you cannot stretch over a hospital payment plan
- Urgent car repairs required to keep working
- Appliance replacement when the fridge or furnace fails
- A security deposit required within days to secure housing
- Utility shutoff prevention
Installment loan vs line of credit at Integra
Both products share the same borrowing range and the same APR ceiling. The choice depends on cash flow:
Choose installment loan if
- You know the exact amount you need right now
- You want a fixed monthly payment you can budget for
- You want a defined end date for the debt
- You prefer predictability over flexibility
Choose line of credit if
- You are not sure of the final total you will need
- You may need to borrow in small chunks over time
- You want to pay interest only on what you draw
- You want revolving access as you repay
Compare line of credit details →
Honest comparison: Integra installment vs competitors
| Lender | Loan range | APR | Term |
|---|---|---|---|
| Integra Credit | $500–$3,000 | 99%–399% | 6–24 mo |
| OppLoans | $500–$4,000 | 59%–195% | 9–18 mo |
| NetCredit | $1,000–$10,000 | 34%–155% | 6–60 mo |
| Avant | $2,000–$35,000 | 9.95%–35.99% | 24–60 mo |
| Possible Finance | $50–$500 | ~150%–180% | 4 payments |
If you can qualify for OppLoans, NetCredit, or especially Avant, you will almost always pay less than Integra for the same loan amount. Integra becomes relevant specifically when those lenders decline you.