The easiest installment loans online — like those from the networks listed above — allow you to receive same-day approvals and next-day funding for loans of any size. You start by choosing the network that works best for your needs. Most networks have minimum and maximum loan amounts. If you need a $5,000 personal loan, you won’t get much help with a network that only provides loans of up to $2,500. Most networks state their maximums very clearly on their website. Once you’ve chosen your network, you can informally apply for a loan by filling out a form on the network’s website. This form typically asks for general information, such as your name, age, address, work history, and income information. This is where you’ll also make a request for a specific loan amount. The network will then send your request to every lender on the network that’s qualified to work with you (some lenders aren’t licensed to work in specific states). Within minutes, you’ll receive an email with a loan decision. If qualified, you could receive multiple loan offers.