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Month: July 2016

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World of Difference Between Installment and Payday Loans

July 29, 2016May 5, 2020 Nate Hensley

Will efforts by the federal government to shut down payday lenders also affect installment lenders? It’s an important question, and one that the government doesn’t have an answer for as of yet. Installment loans and payday loans are two very different products. They have different terms, different rates, different fees, and different ways of doing…

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Should You Pay a Fee to Apply for a Loan?

July 21, 2016May 6, 2020 Nate Hensley

Should You Ever Pay a Fee to Apply for an Installment Loan? In a nutshell – NO! That is a bit of an oversimplification, though. The world is filled with many different kinds of lenders, and each of them have different standards and practices. For example, if you are applying for a home loan, or…

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How a Small Dollar Loan Can Start an Empire

July 1, 2016November 5, 2019 Nate Hensley

Recently, Presidential candidate Donald Trump has been under fire for claiming he started his career with a small dollar loan of $1 million from his father. Some dispute the amount of the loan, while others simply think that a loan of that much money can’t possibly be considered “small.” In our book, a million bucks…

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Excluded States


National Small Loan does not lend to residents of Arkansas, Connecticut, New York, Pennsylvania, Virginia, Washington, West Virginia, and Wisconsin. Availability of installment loans are subject to change at any time at the sole discretion of National Small Loan.


National Small Loan takes the efforts to combat fraud in the lending industry seriously. If you believe you have been a victim of fraud, please call the Online Lenders Alliance Consumer Hotline at (866) 299-7585.



Advantages of Installment Loans

Faster than a Bank Loan
Stronger than a Cash Advance
More Powerful than a Credit Card
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Midaaswi, LLC is an instrumentality and limited liability company which abides by the principles of federal consumer finance laws, as incorporated by the Lac du Flambeau Band of Lake Superior Chippewa Indians of Wisconsin. This is an expensive form of borrowing and it is not intended to be a long-term financial solution.

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*The cut-off time for ACH next business day funding is 2:00 PM EST, Monday-Friday, except holidays.

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