Seven purpose-built installment loan products from $200 to $3,500. All same-day funding, all fixed monthly payments, all with no prepayment penalty. Choose Wise Loans that best matches your specific borrowing situation.
Flagship installment product. Unsecured, fixed monthly payments, same-day funding. Use the funds for any legitimate purpose.
Structurally safer than payday loans. Fixed monthly payments over 6 to 24 months — no rollover, no balloon repayment.
No published FICO floor. Borrowers with scores in the 500s have been approved when income stability supports the request.
Same-day funding for genuine financial emergencies. Utility shutoffs, funeral expenses, urgent childcare, emergency relocation.
Get back on the road fast. Transmission, brakes, catalytic converter. Unsecured — no vehicle title required.
Cash-pay financing for medical, dental, and veterinary needs. Pay providers directly — negotiate cash-pay discounts.
Urgent home maintenance — HVAC failure, water heater, plumbing, roof leaks. Renters and homeowners both qualify.
Every Wise Loans product is structurally an installment loan with fixed monthly payments. The differences lie in the use case, eligibility nuances, and how the funds are typically deployed. The comparison table below shows the key dimensions at a glance.
| Product | Amount | Term | Funding | Best For |
|---|---|---|---|---|
| Personal Loan | $200–$3,500 | 6–24 months | Same day | General installment use |
| Installment Loan | $200–$3,500 | 6–24 months | Same day | Predictable monthly budget |
| Bad Credit Loan | $200–$3,500 | 6–24 months | Same day | FICO under 600 |
| Emergency Loan | $200–$3,500 | 6–24 months | 15 minutes | True same-day emergency |
| Auto Repair Loan | $300–$3,500 | 6–24 months | Same day | Vehicle repair urgency |
| Medical Loan | $200–$3,500 | 6–24 months | Same day | Healthcare cash-pay |
| Home Repair Loan | $300–$3,500 | 6–24 months | Same day | Urgent home issues |
Most borrowers can use the Personal Loan product for any legitimate purpose — the other product names exist primarily for clarity about use case, not because the underlying loan structure differs. Choose the named product if it matches your specific situation:
The Wise Loans application is the same regardless of which product name you select. Wise Loans's underwriting model evaluates income stability, banking activity, credit profile, and debt-to-income ratio to determine your approved amount, APR, and term.