How to Get Personal Loan for Bad Credit Easily and Quickly

ElitePersonalFinance
Last Update: September 25, 2023 Loan Reviews Loans

ElitePersonalFinance has created this special guide for people with bad credit looking for fast and easy loans.

The steps we have listed in the guide help those with bad credit and who want money fast. This guide will be different from most of the articles you have read on getting a loan with bad credit.

Here are our best picks for those looking for a loan now and are with bad credit.

Loan Company:Min. Credit Score:APR:Amount:
ZippyLoan0Vary$100 – $15,000
LifeLoans0Vary$100 – $40,000
NextDayPersonalLoan0Vary$100 – $40,000
VivaLoan0Vary$100 – $15,000
PickALender0Vary$100 – $40,000
FundsJoy0Vary$100 – $5,000
WhiteRockLoans0Vary$100 – $5,000
OppLoans059% – 160%$500 – $4,000
RiseCredit060% – 299%$500 – $5,000
NetCredit034% – 155%$1,000 – $10,000
PossibleFinance0150% – 200%$50 – $500
FigLoans0176% – 229%$50 – $800

Getting a loan with bad credit and getting a loan that you need quickly are two different things. But if we combine them, you become an easy target for unscrupulous lenders who only want to manipulate people whose only option is getting predatory payday loans with high interests. That is how they get people into a vicious circle of debt.

Watch our video that shows how people with bad credit can get a personal loan.


In this guide, we will be fast too. We understand that people who want money fast probably don’t have too much time to research online. Give us 10-30 minutes, and you can be sure that you even don’t have to read other articles online! We will walk you through many options based on your financial situation (credit score, current debt, how fast you need the money, and so on). We won’t talk only about loans but give you many more options to get money without even registering with personal loan companies. We will also talk about the danger of “easy payday loans,” what risks are hidden there, how to avoid them, and how you can use them in rare cases. And of course, we will also talk about personal loans for people whose credit score is not so bad. We will give you many more options.

Let’s get started!

The most important questions before we start are:

Can I get a personal loan if I have bad credit?

Yes! You can get a personal loan at a reliable rate. You just need to be more selective. These days, the loan market is much more flexible than a few years ago. There are options for everyone.

How fast do you need the loan?

If you need the money fast (for example, today), this is a problem, and your options can be limited. In this case, do all you can to increase the time frame. If you get a quick loan, you mean a few days or a week, don’t worry. We have a lot of time to work on choosing the best option for you.

Is my credit score really bad?

Many people don’t have a perfect credit score, but this does not mean that their credit is bad. Bad credit means different things to different lenders. You will find legitimate lenders with no credit score requirements in the list below ‒ they start at 0.

Basic Tips Before Applying for Personal Loans Online

Rule number one if you want to get the best personal loan for bad credit:

  • Shop around and compare offers

Every lender will give you different terms, and there is no better way to make the right decision than by comparing different offers. Register with many companies and get quotes. You won’t make a mistake. With every legitimate loan company, registration is absolutely free and very fast. Also, when you receive offers from them, you absolutely have no obligations to accept them. Get many offers and compare.

  • Wait for a few days if you have that much time

When you register and complete their application process, you will start receiving offers instantly. Some of them will be there in a few minutes, but others you will get in several days. So, wait until you compare all offers available to you.

Best Personal Loans for People With Bad Credit of February 2024

ElitePersonalFinance has researched over 100 biggest companies in the lending business. We focused on those who work with people with bad credit. We carefully analyzed their reputation, terms, interest rates, and APR, loan amount, additional and hidden fees, as well as their minimum credit score requirements. We picked some of the best companies available to you.

Make sure you go through all of them because each is designed for a specific group of people. Some work better for secured lo