How to Get Personal Loan If You Have Really Bad Credit

ElitePersonalFinance
Last Update: September 25, 2023 Credit Report Loan Reviews Loans

If you have a FICO score between 300 and 579, then lenders consider you have bad credit. FICO credit score rating looks like this:

  • Excellent (800 to 850)
  • Very Good (740 to 799)
  • Good (670 to 739)
  • Fair (580 to 669)
  • Bad (300 to 579)

However, just because you have bad credit doesn’t mean you can’t qualify for a personal loan. Getting a personal loan is possible even if you have really bad credit. Still, you have to be really careful because many predatory lenders are trying to scam people in a situation like yours.

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

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