Frequently Asked Questions

Still Have a Question?

Feel like you have a lot of questions you need answers to? Well we might have an easy answer for you. Below are a list of some very common questions we get asked. Click on a topic to find relevant questions you might be wanting to ask. If you can not find the answer you are looking for in our frequently asked questions, feel free to reach out to a branch near you to speak to a representative.

  • Does World Finance Offer Payday Loans?

    No. At World Finance, we only offer personal installment loans. Payday loans only carry you until your next payday, when the repayment process begins. With a World Finance personal loan, you have the same monthly payment amount, your fixed interest rate will not change and the term of your loan is set from the beginning. Payday loans can charge you up to 700% APR. According to the Consumer Financial Protection Bureau, “the majority of all payday loans are made to borrowers who renew their loans so many times that they end up paying more in fees than the amount of money they originally borrowed.”

  • How Do World Finance Personal Installment Loans Work?

    World Finance provides our customers with personal installment loans for a variety of personal needs. Our loans do not have balloon payments and are not payday loans. We offer loans with regularly scheduled equal monthly payments. Our loan amounts are based on factors such as your credit history, your income and your other financial obligations.

  • Can I Get a Loan Even If I Have Less Than Perfect Credit?

    World Finance can offer loan approvals even if you have less than perfect credit. We work with our customers on an individual basis, and set up payment terms that you can live with. You’re much more than a credit score number to us. That’s why we’ve served over 55 million happy customers since 1962.

  • Do You Work With Customers to Get a Proper Payment Schedule?

    Yes! Our goal is to help you get the money you need and establish an affordable and realistic monthly payment schedule. We offer equal monthly payment installments up to 48 months.

  • Do You Check My Credit Score When I Apply for the Loan?

    Yes, we do check your credit score. When you complete an application for a World Finance personal loan, there are a number of things we check when making a decision. You will need to provide your name, address, Social Security number, income and other personal information.

  • Do You Report Credit Information to the Credit Bureaus?

    Yes, we report all credit transactions once a month to Equifax, Experian and TransUnion.