Loans For Bad Credit

OppLoans is the first choice on this list. They provide excellent help for those in need of money with a low credit score. As a company, they believe that your credit score shouldn’t define who you are.

When you receive a loan through OppLoans, they report your payment history to the three major credit bureaus. When you pay your loan back on time, you have the chance to boost your credit score from inside the loan. They don’t require a hard credit inquiry and won’t harm your credit score if you do qualify for a loan with them.

Through OppLoans, you can borrow up to $4,000. They are an excellent place to turn to if you need a small personal loan for your life. The money can help with many things — car payments, vacations, unexpected medical bills, and more.

OppLoans

• $500 – $4,000
• No hidden fees
• Personal service

Apply now

If you have a minimum credit score, MaxLend is here to help. They can provide your funds in as little as one day and offer repayment periods of up to nine months. If you want a larger loan, they can provide it. MaxLend offers loan amounts from $100 – $3,000.

There are a few requirements if you want to borrow money from MaxLend. You must:

• Be at least eighteen years old
• Be a resident of the United States
• Have a source of income
• Have an open checking account

These are necessary if you want a quick loan option from MaxLend.

MaxLend offers three ways to pay off your loans. You can use Standard Pay, which allows the repayment to be split into nine monthly payments with no additional action. You can use Payoff Now, which pays off the loan in a single payment. Finally, you can try Payment Plus. This choice permits adding an amount to scheduled money on the calendar.

Unfortunately, MaxLend has an exceptionally high APR. You can expect rates of 471%-841% with every loan taken.

If you want a fast loan, try MaxLend. They have plenty of options for interested borrowers.

MaxLend

• $100 – $3,000
• Fast funding
• Easy application

Apply now

Jora Credit is another option if you have a low credit score and need a loan. Although your options may be more limited here than in other locations, they still have something to offer for the average borrower. They are ideal if you need small loans, and they don’t charge significant fees for what they offer.

You can take up to thirty months to repay the loan, which can be good or bad based on your level of responsibility. Some people may find themselves acquiring more debt instead.

There are a few requirements for you to take a loan from Jora. You must:

• Be at least eighteen
• Live in a state where Jora does business
• Have a valid email address
• Have an active and quality checking account
• Have a job or provable source of income

If you meet all these, you are ready to borrow money from Jora.

It’s critical to note that Jora has a high APR. You can expect a rate between 185%-350%. It can be easy to get sucked into high repayments if you aren’t careful, no matter how small your loan is.

If you want a small loan option with tons of repayment time, look no further than Jora. They have plenty of choices for those with bad credit scores who need a little financial help in their lives.

Jora

• $500 – $4,000
• Fast funds
• Easy application

Apply now

LendingClub

LendingClub is another excellent option if you are looking for financial help with your poor credit score. They offer loans fast with their simple online application process, ideal for anyone with no time to waste. They provide loan amounts up to $40,000 for the average borrower, which may be trickier to get elsewhere for those with a minimum credit score.

Here are a few ways their loans can come in handy:

• Credit card consolidation
• Home improvement
• Balance transfer
• Debt consolidation

These are practical applications.

LendingClub offers a decent APR rate between 8.30%-36%. You have three to five years to repay the loan, a period that can be good or bad depending on the type of person you are. The company works to pay multiple creditors directly and has the potential to offer joint loans to the right person.

If you need a little help with your life, LendingClub is an excellent place to go. They have plenty of options for borrowers, even if you don’t have an ideal credit score.

LendingClub

• $1,000 to $40,000
• Est. APR: 9.57-35.99%
• Min. credit score 600

Apply now

Upstart

Next is the company Upstart. They have some of the best bad credit loans on the market. You can borrow up to $50,000, access low monthly payments and rates, and find borrower-friendly features. They require a 580 minimum credit score, however.

If you quality, here are a few loans offered:

• Joint loans
• Secured loans
• Home improvement loans
• Debt consolidation loans
• Credit card consolidation

There’s plenty to access through Upstart.

Many love Upstart because they have reasonable terms for their APRs. Note that they also have an origination fee that varies between 2.9%-8%. If you live in Washington, DC or Virginia, you cannot apply for help on Upstart. Everyone else can go through their simple application process.

Upstart loan

• $1,000 – $50,000
• Est. APR: 6.50 – 35.99%
• Min. credit score: None

Apply now

Best Egg

Best Egg might have a funny name, but they’re one of the best options for borrowers who need a loan but don’t have a high credit score. Their requirements are a little higher than other locations — you need a minimum credit score of at least 600 to qualify with this company. They offer up to $50,000 in loans if you meet their set-forth qualifications.

There are tons of good things that come with a loan with Best Egg:

• A chance to prequalify with a soft credit check
• Direct payment to creditors if you are consolidating debt
• Both unsecured loans and secured loans
• Range of loan amounts

These make it easier for anyone to access a loan.

Of course, it’s critical to consider the disadvantages of a loan company. Best Egg charges an origination fee and there are no rate discounts for interested borrowers. They also don’t offer borrowers a chance to elect an initial payment date.

Still, Best Egg is one of the most ideal options if you have a minimum credit score. They have many benefits and offer some of the best loan options on the market to those who qualify for them. Turn to Best Egg if you want a reliable loan company for your personal loan.

Best Egg Loan

• $2,000 – $50,000
• Est. APR: 8.99-35.99%
• Min. credit score 600

Apply now

OneMain Financial

OneMain Financial is another option for individuals that have poor to fair credit scores. They have lots of options for their borrowers — auto loans, home improvement loans, debt consolidation loans, and more. They are one of the best in the industry and have been around for about one hundred years.

If you are looking for an easy way to get a loan, OneMain Financial is an excellent place to turn. You can get up to $20,000, even with bad credit.

They have unsecured and secured loan options. An unsecured loan does not require collateral from the borrower. On the other hand, a secured loan requires collateral. You may need to provide something to balance out the borrowing, such as a car.

There are a few qualifications required for borrowers interested in OneMain Financial. You must have an ID, social security number, and proof of residence and income. They are a reputable company, capable of putting money in your pockets fast.

OneMain Financial

• $1,500 to $20,000
• Est. APR 18.00 – 35.99%
• Min. credit score: None

Apply now

Universal Credit

Universal Credit offers borrowers money with a minimum credit score requirement of 560. If you don’t have a terrible score but can’t find a place that will give you a loan, Universal Credit is an excellent place to go. They have ideal credit-building features and perks for those who want to consolidate their debt.

Some excellent features come with Universal Credit, such as:

• Direct payment to creditors if you have a debt consolidation loan
• Excellent rate discount options
• Free access to your credit report 
• Quick funding options

There’s a lot of help for you at Universal Credit if you are someone with a low score.

It’s also vital to consider the disadvantages of this lender. Universal Credit has an origination fee of 5.25%-8%. And, they only have two repayment options available.

Despite these flaws, there is a lot to love about Universal Credit. They have an APR of 11.69%-35.93% and only require a minimum credit score of 560 to qualify for their loans. You can repay in three years or five years. If you are on the hunt for quality, flexible options for bad credit loans, you can find them in Universal Credit.

Universal Credit loan

• $1,000 to $50,000
• No prepayment fees
• Fast funding

Apply now

Upgrade

Upgrade is excellent because they offer personal loans up to $50,000. You can take steps towards financial security without the stress of explaining your bad credit report to the lender. Upgrade is an ideal choice for those who want a quality company to help them out.

Here are a few loan options Upgrade provides to its borrowers:

• Debt consolidation loans
• Home improvement loans
• Major purchase loans
• Credit card refinance loans

These work well for those in need of money, fast.

Upgrade offers a flexible choice for its borrowers. You can settle on a fixed monthly payment and select a fixed rate and term for your finances. They have a single APR of 17.98%, which includes a 14.32% yearly interest rate and a 5% one-time origination fee. Their APR is excellent compared to other online lenders offering bad credit personal loans.

Upgrade has an excellent track record with customers across the country. If you like the low APR and loan offerings of Upgrade, they are an excellent company to consider for your loan needs.

Upgrade loan

• $100 – $5,000
• Same Day Transfer
• 2 Minute Application

Apply now

Rocket Loans

Rockets Loans is an excellent place to go if you are on the hunt for fast funding with your bad credit. They are one of the most well-known companies out there and prove it with what they have to offer. It’s possible to get loan approval within seconds, and you can expect some payments within the same day of your application. Rocket Loans works fast.

They offer many online loans, such as:

• Vacation loans
• Auto loans
• Home improvement loans
• Medical loans
• Business Loans
• Debt consolidations

Rocket Loans is ready to help with any of these.

Of course, it’s critical to look at some of the disadvantages. They have an origination fee that can grow up to 8%, which makes the loan more expensive. They also do not allow additional people to sign on to a loan, which makes it impossible for many to apply. You will find limited repayment terms with Rocket Mortgage.

Still, Rocket Mortgage is an excellent place to go if you need help with money, fast. They offer pre-approval almost instantly, same-day funding options, and soft credit pulls for loan pre-approval. You can borrow up to $45,000 with this company.

Rocket Loans

• $2,000 to $45,000
• Loan Terms 36 or 60 months
• Min. Credit Score: 640

Apply now

BadCreditLoans

BadCreditLoans is an excellent free service online that connects people with a bad credit score to reliable lenders who are willing to offer them a personal loan. They have been around for more than twenty years and have tons of experience in the industry. It’s possible to get up to $10,000 from BadCreditLoans, even with troublesome scores.

Here are a few of the loan types they offer:

• Auto loans
• Student loans
• Business loans
• Mortgages
• Personal loans

You have a shot at any of these, regardless of your low minimum credit score.

If they find a lender for you, there’s a chance to have access to funds the next business day. The lender selected will determine your APR. As a borrower, you need to meet a few requirements. You should be over eighteen, have a social security number, have a regular income, and have a bank account and contact information.

BadCreditLoans loan

• $500 – $10,000
• Works with all credit scores
• Free service

Apply now

LendYou

LendYou is an excellent choice for an online loan marketplace that works with short-term loans. They have a secure way to apply for loans, and it doesn’t take long to hear back. If you work with them, you have the potential to have money in your account the next day.

LendYou offers loans for items like:

• Medical bills
• Auto loans
• Vacations

Whatever you need, you can work with LendYou.

There are a few requirements you need to meet to get an online personal loan from LendYou. You have to be at least eighteen years old, have a valid personal bank account with direct deposit, and make at least $1,000 a month. If you want a loan between $1,000 and $2,500, LendYou is an excellent place to look if you have bad credit.

LendYou

• Quick Decision
• All Credit Histories Welcome
• Trusted Practices

Apply now