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3 Month Loans or 90 Day Loans
Apply Online

Get extra flexibility by spreading repayment with a 3 month or 90 day loan. Borrow $100 to $5,000 with options for bad credit and no credit checks too. From personal, payday loans, installment, title loans and more, check your eligibility online when you apply with Pheabs today. And don’t worry, there are no fees for applying.

Repayment Example:
Borrow $1,000 repaid over 3 months, total interest repayable $259.79, total $1,259.79, based on 150% APR (fair to bad credit)

How To Apply For a 3 Month Installment Loan With Pheabs


Step 1 - Apply Online

Choose how much you want to borrow and how long for using our online form. This should take less than 3 minutes to complete and requires your full name, address, DOB, income, employment and bank details so we know where to fund the loan.


Step 2 - Instant Decision

Receive an instant offer and approval on the screen from a range of products including personal, title and bad credit loans. Receive our electronic agreement which you can sign online to progress to the final stages.


Step 3 - Receive Funds

Once you have passed the final checks, your 90 day loan can be transferred to your checking account within 1 hour or the same day. Success!

3 Month Loans: What You Need To Know


Spread Repayment – With 3 month loans, you have the advantage of being able to spread repayment over several weeks and months, rather than having a payday loan which is often repaid in full on your next payday. For those dealing with household or personal emergencies, the opportunity to have up to 90 days to get back on your feet can be very useful.

More Flexibility – Payday loans which last only 2 to 4 weeks can be a struggle to repay in full on your next payday from work. But with 3 month loans, you can borrow for longer and repay early if you feel ready and in a good position to do so.

Early Repayment – If you find that you only need the loan for 6 weeks or 2 months, you can contact your lender or log into your account and pay off the loan in full. It will be cheaper to repay the loan early since less interest is built up overall. Just double check the terms and conditions for any early exit fees, although this is rarely the case.

Borrow Larger Amounts – Whilst you might be limited on how much you can borrow with a payday loan, this can be a lot more (up to $5,000) with a 3 month installment loan because you have a longer time to repay – and this could be better suited for emergencies or an important personal purchase.

Repay in Equal Installments – Dealing with a 3 month loan is very convenient. The repayments are usually in equal monthly installments on a date that you select making them easy to manage and stay on top of.



More Expensive – By having a loan open for 90 days, the longer a loan is open, the more interest that is accrued overall. Whilst borrowing for a longer term might seem preferred, you should ideally find the exact number of days you need to borrow for to avoid overpaying interest.

Not Advisable To Take Out Other Loans – If your loan term is 3 months, it is not advisable to take out additional loans during this time, which can be tricky if emergencies crop up. Taking out too many loans can increase your amount of debt and make it hard to stay on top of your finances.

What is The Eligibility For a 3 Month Loan?

  • Must be over 18 years of age
  • Working full-time or part-time with a regular income
  • Have a SSN
  • Permanent resident in the US or Canada
  • Can afford to make monthly repayments
  • Good, fair and bad credit considered
  • No recent bankruptcy

Types of 3 Month Loans

Personal Loans: Used for personal purchases and expenses, these unsecured loans can start from just 8% APR if you have good credit or can be 36% APR for those with bad or poor credit. Depending on your income and credit score, the amount you can borrow can be as much as $50,000.

Payday Loans: This is one of our specialities at Pheabs and this type of fast loan is designed to help you through your next payday from work. You can borrow $100 to $2,000 and spread repayment over 90 days. Although payday loans on the same day are available, they can carry much higher interest rates than average products because they assist people with bad credit scores.

Installment Loans: Repay over 3 months in equal installments, so you know exactly how much to budget for each month. This is an unsecured loan, so no collateral is required, and can be extended for 6, 12 or 60 months if you wish.

Title Loans: If you have a car which you own outright or is purchased on finance, you can borrow up to 50% of its value, for 3 months or longer if you wish. However, you are using your car as collateral and this could be taken away if you do not keep up with repayments.

How Much Does It Cost To Borrow a 3 Month Loan?

Borrow $1,000 repaid over 3 months, total interest repayable $259.79, total $1,259.79, based on 150% APR (fair to bad credit)

How Do The Repayments Work?

The repayments for 3 month payday loans are typically repaid in equal monthly installments, which is the same amount each month so you can budget accordingly. You can select the day you would like your repayment to take place and many people pick the day that they get paid from work so that there is more likely to be money in their account, or just the day after, giving it time to clear.

The collections are made through a process known as ACH authorization, so that your checking account is tested during the application process to check that it works and therefore the lender you are working with can collect payments automatically each month. This means that you do not have to call up, go to the bank or make a manual payment, it is all automated.

You have the option to repay early at any time, so even if you need the loan for just 30 days or 60 days, you can contact the lender or log into your account and pay it off in full.

Can I Get a 3 Month Loan With Bad Credit?

Yes, we have a number of options for people looking for 3 month loans with poor credit scores or no credit. 

Payday lenders are willing to take a view on people with bad credit or those that have missed the odd payment on other financial products. As long as you have a stable income and employment and are committed to repaying on time, you can certainly qualify for a loan.

If you have very bad credit, there are other options that involve using your car as collateral (known as a title loan) or getting someone to guarantee payment on your behalf (known as a co-signer loan).

Do You Offer 3 Month or 90 Day Loans With No Credit Checks?

Most lenders in the US will carry out credit checks to ensure the eligibility of a customer and see if you have missed any payments for similar products recently and in the past.

There are some no credit check loans available from Pheabs including title, secured loans and co-signer loans, just remember that your collateral could be at risk if you do not keep up with repayments.

How to Apply For a Loan With Pheabs

We offer a completely online process if you are looking for a 3 month payday loan or 90 day installment loan. Start by entering your details on our form and choose how much you wish to borrow and how long for. Complete your information in less than 3 minutes, inserting your name, DOB, address, income, expenses, employment and bank details.

Once completed, you will receive an instant approval on the screen with a competitive loan offer. If you wish to proceed, you will be sent the full terms of your loan agreement which you can sign electronically using a SMS pin and unique email link. Subject to some final checks, once approved, your loan can be fully funded to your bank account in 1 hour, 24 hours or the same day.

3 month loans


Are You a Direct Lender or Broker?

Pheabs is a broker working with more than 50 direct lenders across the US and Canada. We do not charge any fees for using our loan connection service. Once you have been paired to the right lender for you, you will be able to work with them every step of the way from funding to repayments.


How Fast Can I Receive My Loan?

We aim to approve your loan instantly and once all the checks are completed and your loan is fully approved, your loan should be funded in 1 to 24 hours. To speed things up, try to apply during office hours and not on Sundays or national holidays – and try to be near your emails and cell phone after you have applied so you can respond to any follow up questions.


What Happens if I Cannot Repay?

If you cannot repay your loan, you may incur late fees, penalties and your credit score could be negatively impacted. If you realize that you are unable to repay, it is important to contact your lender as soon as possible who may be able to help. Very often, lenders are able to freeze interest, delay repayment or set up arrangements to help you cover your outstanding payments more easily.


Can I Repay My Loan Early?

Yes, you will always have the option to repay your loan early, so if you feel that you do not need the loan for the full 3 months or 90 days, you can contact your lender to clear your account. You should also save money on the overall interest of the loan because you have had the loan open for less days.


Can I Apply if I am Unemployed or On Welfare?

No, you should ideally be employed part-time or full-time if you wish to apply for a loan with Pheabs. You need to have a regular income to make your repayments each month. There are some exceptions if you are not employed but are earning rent, money from a pension or are self-employed or contracted. Always check with your lender before you proceed.