Payday Loans

We at ElitePersonalFinance strongly recommend that you stay away from payday loans because:

  • Payday loans are predatory.
  • Their APR average at 400%.
  • They often lead people into debt cycle.
And !!!
  • There are many more options available even for those with really bad credit.
Here they are:

Best Debt Consolidation Loans for Bad Credit 2020. Try them if you already have many loans and you are with bad credit.

Best Alternative Payday Loans 2020. Try them if you can’t get approved for regular payday loans.

Best Loans for Really Bad Credit 2020. Try them if you are with really bad credit.

Best Auto Title Loans for Really Bad Credit 2020. Try them if you are with really bad credit.

1450 Reviews
Amount

$1,000 – $5,000

Min Credit Score

0

APR

Vary By State

Approval

< 1 Day

Terms

9 – 36 Months

Get started

Chosen 10351 times

Really Bad Credit
More Information
Customer type:
All
Borrow up to:
5,000 $
Low credit score:

Weekend payout:

Credit check:
No
Age:
18
From 1450 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service

For those with really bad credit, who can't quality for a personal loan, we recommend alternative payday loans. These companies are more expensive than personal loans, but much more better than payday loans. The company offers loan amounts that range from $1,000 to $5,000, with APRs that range from 99% to 199%. Loan duration range from 9 months to 36 months and 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:
  • Easy approval process.
  • Those with very bad credit can still get approved.
  • Opploans offers installment loans and lines of credit.
  • Opploans does not check your credit score but will assess your financial transaction history.
  • 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.
Cons:
  • APRs are high, ranging from 99% to 199%.
  • Loan origination fees range from 0% to 3% and other fees can apply.
Best for: Really Bad Credit
2326 Reviews
Amount

$100 – $1,000

Min Credit Score

0

APR

Vary By State

Approval

< 1 Day

Terms

7 – 30 Days

Get started

Chosen 11156 times

Really Bad Credit
More Information
Customer type:
All
Borrow up to:
1,000 $
Low credit score:

Weekend payout:

Credit check:
No
Age:
18
From 2326 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service

As another reliable alternative lender, LendUp offers unsecured loans that range from $100 to $1,000. Loan duration range from seven to 30 days for single payment loans and three to 12 months for installment loans. If approved, you can also receive funding in as little as one business day.

LendUp doesn’t directly list its APRs, because – according to its site – APRs vary depending on your credit score and state of residence. However, as a quick reference, loans in California – which include fees – have APRs that range from 214.13% to 917.71%. In Louisiana, APRs range from 156.43% to 971.17% and in Mississippi, APRs range from 237.25% to 1,016.79%. As well, on average, APRs tend to range from 134% to 1,252% for single payment loans and 30% to 180% for installment loans.

Through its LendUp Ladder, you can also rebuild your credit profile. Each time you make on-time loan payments and complete its free education courses, points are credited to your account. As you reach new millstones, you’re able to access increased borrowing amounts and can also have your credit history sent to major credit bureaus. The program is designed to help borrowers increase their credit score and receive more favorable loan terms.

Its milestones look like this:

  • Silver members can receive up to $250 for a single payment loan.
  • Gold members can receive up to $250 for a single payment loan and up to $200 for an installment loan.
  • Platinum members can receive up to $250 for a single payment loan and up to $500 for an installment loan.
  • Prime members can receive up to $250 for a single payment loan, up to $500 for an installment loan and up to $1,000 for a Prime loan.

As well, Platinum members can opt-into the credit reporting program, while Prime members are automatically enrolled. Keep in mind though, LendUp’s alternative loans are only available in select states. These include: California, Louisiana, Mississippi, Missouri, South Carolina, Tennessee, Texas and Wisconsin.

Pros:
  • Loans are available to those with bad credit.
  • Receive funds in as little as one business day.
  • LendUp has no annual income requirement.
  • Installment loan APRs are extremely affordable and range from 30% to 180%.
  • Through its LendUp Ladder, you earn points that can lead to larger borrowing amounts and help increase your credit score.
  • LendUp offers credit education courses that aim to increase your financial knowledge.
Cons:
  • Single payment loans have APRs that range from 156.43% to 1,016.79%.
  • Loans can have fees upwards of 20% of the amount borrowed.
  • Loans are only available in California, Louisiana, Mississippi, Missouri, South Carolina, Tennessee, Texas and Wisconsin.
Best for: Really Bad Credit
1370 Reviews
Amount

$500 – $5,000

Min Credit Score

0

APR

5.99% – 35.99%

Approval

< 1 Day

Terms

3 – 36 Months

Get started

Chosen 30431 times

Really Bad Credit
More Information
Customer type:
All
Borrow up to:
5,000 $
Low credit score:

Weekend payout:

Credit check:
Soft
Age:
18
From 1370 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service

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 to get personal loan, while so many people are still paying insane interest on their payday loans. BadCreditLoans.com is a leading company helping people with really bad credit. They are NOT payday loan company!They are huge marketplace connecting people with bad credit with lenders offering UNSECURED bad credit loans. The company offer loans of $500 to $5,000, 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 bad credit loan or refinance your existing payday loans with one cheaper loan, try BadCreditLoans.com .

Pros:
  • The Best in The Bad Credit Business!
  • Easy and fast approval.
  • Unsecured loans.
  • Those with really bad credit get approved.
  • APRs in the personal loan range which means less than 5.99% to 35.99%.
  • Not a payday loan company.
  • Amount of up to $5,000.
  • Huge lending network.
  • Free to register and no obligation to accept any offer.
  • 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 qualify for the highest amount of $5,000, they can expect up to $1,500.
  • Not all loans get approved.
Best for: Really Bad Credit
1596 Reviews
Amount

$1,000 - $10,000

Min Credit Score

550

APR

34 - 155%

Approval

1 - 3 Days

Terms

12 - 36 months

Get started

Chosen 16789 times

Customer type:
All
Borrow up to:
10,000 $
Low credit score:

Weekend payout:

Credit check:
No
Age:
18
From 1596 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service
3700 Reviews
Amount

$500-$5,000

Min Credit Score None APR

36.00-299.00%

Approval

-

Terms

-

Get started

Chosen 37100 times

Customer type:
All
Borrow up to:
100,000 $
Low credit score:

Weekend payout:

Credit check:
No
Age:
18
From 3700 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service

There are plenty of services in the marketplace, however, SuperMoney is the best! This company works with thousands of loan companies, lenders credit unions and so on, so finding you a loan will be easy. And they work different. Instead of getting your personal details and sending is to list of their lenders, like other companies do, SuperMoney will ask you to complete their form one time and directly list you offers that are available to you. There is a big difference because you directly get personalized offers based on your financial situation and your personal information is not send to list of lenders, like other sites do. After that, you can pick the best for you. Click offer details below each and you will find all of the information you need to know regarding APRs, repayment terms and fees. Best of all, the service is completely free and requires no obligation.

3700 Reviews
Amount

-

Min Credit Score - APR

-

Approval

-

Terms

-

Get started

Chosen 37100 times

Customer type:
All
Borrow up to:
100,000 $
Low credit score:

Weekend payout:

Credit check:
No
Age:
18
From 3700 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service

There are plenty of services in the marketplace, however, SuperMoney is the best! This company works with thousands of loan companies, lenders credit unions and so on, so finding you a loan will be easy. And they work different. Instead of getting your personal details and sending is to list of their lenders, like other companies do, SuperMoney will ask you to complete their form one time and directly list you offers that are available to you. There is a big difference because you directly get personalized offers based on your financial situation and your personal information is not send to list of lenders, like other sites do. After that, you can pick the best for you. Click offer details below each and you will find all of the information you need to know regarding APRs, repayment terms and fees. Best of all, the service is completely free and requires no obligation.

3700 Reviews
Amount

-

Min Credit Score - APR

-

Approval

-

Terms

-

Get started

Chosen 37100 times

Customer type:
All
Borrow up to:
100,000 $
Low credit score:

Weekend payout:

Credit check:
No
Age:
18
From 3700 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service

There are plenty of services in the marketplace, however, SuperMoney is the best! This company works with thousands of loan companies, lenders credit unions and so on, so finding you a loan will be easy. And they work different. Instead of getting your personal details and sending is to list of their lenders, like other companies do, SuperMoney will ask you to complete their form one time and directly list you offers that are available to you. There is a big difference because you directly get personalized offers based on your financial situation and your personal information is not send to list of lenders, like other sites do. After that, you can pick the best for you. Click offer details below each and you will find all of the information you need to know regarding APRs, repayment terms and fees. Best of all, the service is completely free and requires no obligation.

1156 Reviews
Amount

$1,000 – $10,000

Min Credit Score

0

APR

5.99% – 35.99%

Approval

< 1 Day

Terms

2 – 5 Years

Get started

Chosen 13989 times

Customer type:
All
Borrow up to:
10,000 $
Low credit score:

Weekend payout:

Credit check:
No
Age:
18
From 1156 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service

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 a 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
2409 Reviews
Amount

$1,000 – $35,000

Min Credit Score

500

APR

3.99% – 35.99%

Approval

< 1 Day

Terms

1 – 5 Years

Get started

Chosen 21687 times

Customer type:
All
Borrow up to:
35,000 $
Low credit score:

Weekend payout:

Credit check:
No
Age:
18
From 2409 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service

With over 10 billion in loans provided, LendingTree is one of the largest online personal loan companies in the marketplace today! Since LendingTree offers unsecured loan to borrowers with credit scores as low as 500, it’s a great place to apply if you have extremely bad credit. You can borrow up to $35,000 but if you’re credit is poor, the amount you receive will be less. As well, its APRs range from 3.99% to 35.99%, but if you have bad credit, expect an APR near the top-end of the range. Pros:

  • As one of the largest online loan companies, LendingTree is a name you can trust.
  • APRs range from 3.99% to 35.99%.
  • Low credit score requirements (500 minimum).
  • 1-day approval process.
Cons:
  • Some people with extremely bad credit won’t be approved.
  • A loan origination fee of 0-3% can apply.
Best for: Unsecured Personal Loans
2690 Reviews
Amount

$1,000 – $35,000

Min Credit Score

580

APR

5.99% – 35.99%

Approval

< 1 Day

Terms

90 Days – 72 Months

Get started

Chosen 25087 times

Customer type:
All
Borrow up to:
35,000 $
Low credit score:

Weekend payout:

Credit check:
No
Age:
18
From 2690 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service

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 to qualify, you need to have some form of recurring income. It can be full-time employment, self-employment, regular disability or Social Security benefits. Keep in mind though, 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.
  • 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
2089 Reviews
Amount

$1,000 – $35,000

Min Credit Score

0

APR

5.99% – 35.99%

Approval

< 1 Day

Terms

2 – 5 Years

Get started

Chosen 20903 times

Customer type:
All
Borrow up to:
35,000 $
Low credit score:

Weekend payout:

Credit check:
No
Age:
18
From 2089 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service

Offering loans to borrowers of all credit scores, SignatureLoan provides reliable financing in as little as five minutes. Loans range from $1,000 to $35,000, but large amounts are usually only accessible to those with high credit scores. Its APRs range from 5.99% to 35.99%, but loans are not available to residents in the state of Maine. As well, you must have a minimum monthly income of $1,100 to qualify. The application process is quick and easy, and through its e-signature feature, you can even receive funding without mailing in any physical paperwork.

Pros:
  • Low credit score requirements of 0.
  • Bad credit is ok.
  • Highest amount allowed is $35,000.
Cons:
  • People with really bad credit can’t apply.
  • Risk to lose your partnership.
Best for Co-signer Loans
1226 Reviews
Amount

Min Credit Score

APR

Approval

Terms

Get started

Chosen 10523 times

Customer type:
All
Borrow up to:
40,000 $
Low credit score:

Weekend payout:

Credit check:
No
Age:
18
From 1226 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service
1226 Reviews
Amount

$100 to $1,000

Min Credit Score

-

APR

5.99% - 35.99%

Approval

-

Terms

3 to 72 Months

Get started

Chosen 10523 times

Customer type:
All
Borrow up to:
40,000 $
Low credit score:

Weekend payout:

Credit check:
No
Age:
18
From 1226 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service
2489 Reviews
Amount

$1,500 - $20,000

Min Credit Score

0

APR

16.05 - 35.99%

Approval

1 Day

Terms

24 - 60 months

Get started

Chosen 15576 times

Customer type:
All
Borrow up to:
20,000 $
Low credit score:

Weekend payout:

Credit check:
No
Age:
18
From 2489 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service
2394 Reviews
Amount

$2,000 - $35,000

Min Credit Score

580

APR

9.95% - 35.99%

Approval

1 Day

Terms

24 - 60 Months

Get started

Chosen 20056 times

Customer type:
All
Borrow up to:
35,000 $
Low credit score:

Weekend payout:

Credit check:
No
Age:
18
From 2394 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service