Loan Companies Like Avant, OneMain, Upstart, PersonalLoans

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Last Update: September 25, 2023 Loan Reviews Loans

If you have bad credit and need a personal loan, solutions are available. The best online and traditional lenders consider bad credit less troublesome than in years past. As a result, companies like BadCreditLoans, ZippyLoan, Avant, LendingTree, OneMain Financial, Upstart, Upgrade, Happy Money, and PersonalLoans are more willing to compete for your business.

Bad credit lenders typically require a credit score of 500 or more, and APRs are often inversely correlated to your credit score. The lower the score, the higher the APR. However, specifics vary by lender, and other factors can tilt the scale in your favor. For example, your income, debt-to-income (DTI) ratio, education, and employment can increase your creditworthiness in the eyes of lenders. Standard terms are as follows:

  • Bad credit personal loans typically range from $1,000 to $10,000, with APRs of 15% to 35.99%.

While rates of 15% to 35.99% are not cheap, lenders require more compensation to finance borrowers with bad credit. Moreover, the terms are better than payday loans since rates average 400%, and loans typically max at $1,000.

Our marketplace lists dozens of bad credit products from the most reputable lenders, and you can filter the results by your unique criteria. Moreover, applying does not require a commitment and won’t impact your credit score. As a result, it’s prudent to shop around to obtain the best rate. You can also read our reviews below for more information.