About Responsible Consumer Loans

We look at how the personal installment loan industry began and how these loan products continue to serve consumers today.

The traditional small-dollar personal installment loan has been the responsible, affordable, and safe lending option for consumer’s borrowing needs for the past 100 years.  We are a licensed and regulated industry that was created over 100 years ago to provide responsible, affordable, and safe small-dollar personal loans. Our loans are given one-on-one.  With the traditional personal installment loan, debt is reduced on a timely schedule that helps to both minimize interest costs and avoid situations that lead to financial distress. Personal installment loans have no balloon payments that people can’t afford, or minimum payments which allow people to borrow more than they should or keeps them in debt much longer than they need to.

Small-dollar installment credit has always been in demand for unexpected personal expenses and important household purchases. This is true today as it was over 100 years ago, when the licensed and regulated small-dollar installment industry was created. The recent FDIC Small Loan study stated that there is, and always has been, a significant need for small-dollar personal loans.

- Responsible Consumer Loans