Best Secured Personal Loans 2020

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:
Soft
Age:
18
From 2489 Reviews
Interest Costs
Flexibility Terms
Website Functionality
Support Service
1101 Reviews
Amount

$1,000 - $25,000

Min Credit Score

600

APR

24% - 35.99%

Approval

1 - 3 Days

Terms

12 - 60 months

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

High Approval Rate
More Information
Customer type:
All
Borrow up to:
10,000 $
Low credit score:

Weekend payout:

Credit check:
Soft
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
1370 Reviews
Amount

$3,000 - $100,000

Min Credit Score

600

APR

5.24 - 22.74%

1370 Reviews
Amount

$3,000 - $25,000

Min Credit Score

None

APR

7.49 - 17.99%

Amount

$500-$50,000

APR

10.0% - 18.0% Unsecured & 3% - 18% Secured

Loan Types
  • Secured and Unsecured Personal Loans

  • Unsecured Personal Line of Credit

  • Certificate Secured Loans

  • Savings Secured Loans

  • Credit Cards

2489 Reviews
Amount

$750 - $5,000

Min Credit Score

350

APR

17% - 30%

Approval

1 - 7 Days

Terms

12 months

Get started

Chosen 15576 times