MoneyMutual
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ZippyLoan
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PickALender
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MarketLoans
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NextDayPersonalLoan
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BadCreditLoans
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Amount:
$500 - $10,000
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Min. Credit Score:
0
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APR:
5.99% - 35.99%
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Approval:
< 1 Day
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Terms:
3 - 36 Months
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When we talk about bad credit loans, BadCreditLoans.com should always be at the top of our list! And there is a good reason for that. BadCreditLoans have helped millions get a personal loan, while so many people still pay insane interest on their payday loans. BadCreditLoans.com is a leading company helping people with really bad credit. They are NOT a payday loan company! They are a huge marketplace connecting people with bad credit with lenders offering UNSECURED bad credit loans. The company offers loans of $500 to $10,000, APR 5.99% to 35.99%. And bad credit is always approved ... in less than a day. In fact, this is the most successful personal loans company for bad credit that we at ElitePersonalFinance know. Whether you want to get a bad credit loan or refinance your existing payday loans with one cheaper loan, try BadCreditLoans.
Pros:
- The Best in The Bad Credit Business!
- Easy and fast approval.
- Unsecured loans.
- Those with really bad credit get approved.
- APRs are in the personal loan range, which means less than 5.99% to 35.99%.
- Not a payday loan company.
- Amount of up to $10,000.
- Huge lending network.
- Free to register and no obligation to accept any offer.
- The minimum credit score required is 0.
- No hard inquiry on your credit score, so registering won't lower your credit score.
Cons:
- For those with really bad credit, expect high APRs ranging from 15% to 35.99%.
- People with really bad credit can’t expect to qualify for the highest amount of $10,000, but they can expect up to $1,500.
- Not all loans get approved.
Best for: Really Bad Credit
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CashUSA
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Amount: $500 - $10,000
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Min. Credit Score: 0
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APR: 5.99% - 35.99%
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Approval: < 1 Day
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Terms: 3 - 72 Months
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Designed specifically for those with bad credit, CashUSA offers installment secured personal loans for people with bad credit. APRs range from 5.99% to 35.99%, but even if you have bad credit, putting collateral to your loan can lower the APR as low as 10%. CashUSA offers loans up to $10,000, but according to their website, the amount can be increased under certain conditions. But remember, if you fall behind on your payments, there is a chance you could lose your car. We only recommend secured loans if you’re sure you can repay the debt on time and in full.
Pros:
- Easy approval.
- Those with really bad credit can still be approved.
- The company applies personal loan APRs ranging from 5.99% to 35.99%.
- People with bad credit get as low as 10% APR.
- Borrowing amounts can exceed $10,000, but you have to speak with them directly.
Cons:
- Secured loans put you at risk of losing your collateral.
- Bad credit means a higher APR, although it’s still much lower than a traditional car title loan.
Best for: Secured Personal Loans
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PersonalLoans
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Amount: $1,000 - $35,000
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Min. Credit Score: 580
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APR: 5.99% - 35.99%
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Approval: < 1 Day
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Terms: 3 - 72 Months
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PersonalLoans offers unsecured loans ranging from $1,000 to $35,000, and because the company only requires a minimum credit score of 580, PersonalLoans is a great place to obtain a bad credit loan. Its APRs range from 5.99% to 35.99%, but you need to have some form of recurring income to qualify. It can be full-time employment, self-employment, regular disability, or Social Security benefits. Loans are not available to residents in Arkansas, Georgia, or New York.
Pros:
- Low credit score requirements of 580.
- Low-income requirement of $1,000.
- Bad credit is ok.
- The highest amount allowed is $35,000.
- Available in many states.
Cons:
- People with really bad credit can’t apply.
- You can’t have an account with a late payment for longer than 60 days or a recent bankruptcy.
- You can’t have any recent charge-offs or late payments.
Best for: Bad Credit
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Best Loans for Really Bad Credit
ZippyLoan
$100 - $15,000
Min. Credit Score: 0
< 1 Day Approval
Apply Now
BadCreditLoans
$500 – $10,000
Min. Credit Score: 0
< 1 Day Approval
Apply Now
CashUSA
$1,000 – $10,000
Min. Credit Score: 0
< 1 Day Approval
Apply Now
NextDayPersonalLoan
$100 - $40,000
Min. Credit Score: 0
< 1 Day Approval
Apply Now
PersonalLoans
$1,000 – $35,000
Min. Credit Score: 580
< 1 Day Approval
Apply Now
If your credit score is really bad and you can’t qualify for a none of these, there are other options. These loans are more expensive, but the approval rate is high.
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LifeLoans
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Amount: $100 - $40,000
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Min. Credit Score: 0
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APR: Vary
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Approval: < 1 Day
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Terms: 1 - 60 months
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VivaLoan
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OppLoans
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Amount: $500 - $4,000
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Min. Credit Score: 0
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APR: 59% - 160%
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Approval: < 1 Day
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Terms: 9 - 18 Months
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We recommend alternative payday loans for those with really bad credit who can't qualify for a personal loan. These companies are more expensive than personal loans but much better than payday loans. The company offers loan amounts ranging from $500 to $4,000, with APRs that range from 59% to 160%. Loan duration range from 9 months to 18 months, but people can choose to give their money back in a month. OppLoans charges zero prepayment penalties. Their loans are unsecured, which means no upfront collateral is required, and as you continue to make on-time payments, you build your credit score in the process. Moreover, if your loan is approved, you can receive funds in as little as one business day.
Pros:
- Quick approval process.
- Those with poor credit can still qualify.
- OppLoans offers installment loans.
- Loans are unsecured and do not require any collateral.
- There are no prepayment penalties.
- OppLoans offers refinancing options to select borrowers.
- Alternative loan sites like OppLoans have lower APRs than payday or car title loans.
- No origination fees.
Cons:
Best for: Really Bad Credit
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Best Personal Loans for Bad Credit
Wait! Are you sure that your credit score is so bad? People with bad credit get approved on personal loans with APR between 15% to 35.99%. Try them before you apply for alternative payday loans.
BadCreditLoans
$500 – $10,000
Min. Credit Score: 0
< 1 Day Approval
Apply Now
ZippyLoan
$100 - $15,000
Min. Credit Score: 0
< 1 Day Approval
Apply Now
NextDayPersonalLoan
$100 - $40,000
Min. Credit Score: 0
< 1 Day Approval
Apply Now
CashUSA
$1,000 - $10,000
Min. Credit Score: 0
< 1 Day Approval
Apply Now
Upgrade
$1,000 - $50,000
Min. Credit Score: 560
< 1 Day Approval
Apply Now
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NetCredit
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Amount:
$1,000 - $15,000
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Min. Credit Score:
0
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APR:
34% - 155%
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Approval:
1 Day
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Terms:
6 – 60 Months
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RiseCredit 
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Amount:
$500 - $5,000
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Min. Credit Score: 0 |
APR:
60% - 299%
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Approval:
1 Day
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Terms:
4 - 26 Months
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PossibleFinance 
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Amount:
$50 - $500
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Min. Credit Score: 0 |
APR:
151% - 257%
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Approval:
1 Day
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Terms:
1 - 24 Months
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FigLoans 
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Amount:
$50 - $1,000
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Min. Credit Score: 0 |
APR:
35.99% - 211%
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Approval:
1 Day
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Terms:
1 - 6 Months
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Really Bad Credit
