Installment Vs Payday Loans

These two types of loans are considered high-interest loans that are accessible to people with poor credit history. The chief difference between these two resides in the following key aspects: the term (duration) of the loan and its amount. Thus, payday loans normally amount to $100-1000 and can often be repaid in a single transaction in less than a month, while installment loans typically range from $1000 up to $100.000 and are repaid in a series of “installments” during a period of 6-60 months.

If you have some decent website traffic and have been considering a collaboration with an installment loans affiliate program, check this LeadsGate review to learn about the conditions offered. Although the company focuses on payday loans (in the US exclusively), many of the clients opting for a relatively small installment loan might be equally interested in a payday loan, especially given that the latter is often associated with less bureaucracy and are processed faster.

Reasons To Join LeadsGate

In fact, LeadsGate is one of the rapidly growing networks that has already reached significant proportions – in about 5 years since its inception, it has managed to process about 75 million leads. This is possible by uniting a wide range of lenders and a wide network of affiliates under the same umbrella - the former brings the money, while the latter help to efficiently locate clients throughout the web. Joining LeadsGate comes with a number of advantages:

• unlike many affiliate networks, LeadsGate pays even for declined leads (typically 5-15% more compared to those networks that do pay), meaning that any lead will be associated with at least some income;
• unlike other programs, LeadsGate pays for each new loan taken by a return client (that was originally referred by the affiliate);
• an extensive list of collaborating lenders means that a client is more likely to have his/her loan request accepted (which in turn, results in greater financial rewards);
• the maximum amount paid per lead is fairly generous, reaching $230 – this is in part due to the fact that the bidding system implemented for lenders gradually lowers the loan price until it is approved;
• affiliates can bring other affiliates to the network, in which case they get 5% of the revenue generated by them (special conditions are available for bloggers, premium partners, thematic communities, etc.);
• provides flexible technical solutions for acquiring the information from the client and passing it to LeadsGate (or redirecting the client);
• provides extended 24/7 support in various aspects (starting with providing basic legal information on crediting and ending with help in implementing the website advertising);
• offers a number of popular ways to withdraw money;
• has high security standards.

To conclude, LeadsGate comes with a number of advantages that positively distinguishes it among other affiliate network and which should translate both into higher income and positive collaboration experience.