• First Choice loans for people with bad credit

    First Choice

    First Choice loans for people with bad credit
  • 3YearLoans loans for people with bad credit


    3YearLoans loans for bad credit
  • LoanSolo loans for people with bad credit


    LoanSolo loans for bad credit
  • BetterLoansMutual for people with bad credit


    Apply for BetterLoansMutual bad credit loans

Online loans

Personal Loans for People with Bad Credit

Getting through a financial emergency can be challenging, most especially if you don’t have the money to cover for such an expense. And while getting a loan may provide you with a quick solution, this may not be an option for people who do not have a good credit score. When you have poor credit rating, traditional lenders such as banks would likely turn your loan application down.

Fortunately, there are other lenders that specialize in providing personal loans to borrowers like you who are unlikely to get regular personal loans through banks and other traditional lenders because of bad credit.

These personal loans usually have short repayment term, usually ranging from days to a month. The most attractive feature of personal loans with bad credit is that the loan process is fast. After meeting the basic requirements, you can get the money within 24 hours.

With these features, personal loans for people with bad credit are great solutions for emergencies and when you cannot get credit from anywhere else. Whether you need extra money to pay for an unexpected bill, a medical emergency or to fund a vacation, personal loans for bad credit borrowers are among your most convenient options or alternatives to regular bank loans.

Qualifying for Bad Credit Loans

Thankfully, if you do find loans for people with bad credit to be your only option, the chances of you being approved are very high. Since no thorough credit checks are performed, you can expect to get a response on your application in as fast as 24 hours.

The basic requirements to getting personal loans for bad credit include:
– You must be at least 18 years old.
– You must be in regular employment earning over a specified amount.
– You must be a US citizen. Some lenders, however, only allow permanent US residents to apply, and not citizens who live overseas.
– You must hold a valid checking or savings account.

Since lenders do not look at your credit history or status, lenders that offer these loans lower the risks on their part by making sure that you have a stable income to pay for the loan. Most lenders require you to also provide proof that you have been employed in the same company for at least six months and that your income can afford the amount you intend to borrow from them.

Loans for people with bad credit are also subject to the specific terms of each state, so make sure you check your own state laws. Loans for people with bad credit give you a real lease of life when you need it most. If you are approved then the money will be in your bank by the next working day, which makes loans for people with bad credit a really speedy solution.

Recent Posts

Don’t Nurse Bad Habits


Do you always max out your credit limit or run out of cash? Are most of your debts unnecessary and avoidable? If you say yes to all questions, you likely have a spending problem.

How you use and spend money can have very deep impacts to your finances, and if you do so excessively, you’d fall into financial trouble in no time.

Before you know it, you could be taking more loans and debts than what you can realistically manage, placing you into a complicated financial situation and juggling lots of debts.

Some debts are useful, like taking bad credit loans to fund expenses for education and healthcare; others only bring financial turmoil. You don’t want to take bad credit loans as to fund your shopping spree or a night out gambling. Doing so only means you’re overspending money that’s not even fully yours in the first place.

Bad credit loans here to redeem you from bad financial situations, not fuel your desire to spend more. Using bad credit loans to satisfy your impulses to spend way beyond what you can afford can compound to your financial problems.

Instead, you must take bad credit loans for dire financial needs, like when you need to finance and emergency medical and educational expenses. It is best to consider taking and using these loans for very urgent and essential expenses and not spend them on trivial things.

Furthermore, using bad credit loans to address the complications of overspending is just treating the surface symptoms of your financial problem. It’s helpful to know that you can lean on bad credit loans whenever you run into trouble with your credit card bill, but that problem can still recur if you don’t address the issue of overspending. You’re probably spending too much, you’re spending more than you can afford and you can’t stay on top of your own bills.

It’s better to use bad credit loans for more urgent expenses and manage your spending habits so you can keep your expenses under control. Follow a great and working budget, track your expenses and pay your bills on time. If a financial mishap should occur, you’re in a much better position to borrow bad credit loans and not incur further financial complications.

Buying Your Dream Car

Once you’ve found a good dealer to help you purchase your dream car, preparing the necessary paperwork comes next. Compared with other types of personal loans for people with bad credit, taking an auto loan entails more rigorous processes and requires a number of documents, especially because your credit history is poor. Here are the top four features that you need to prepare once you’ve decided to buy a car using personal loans for people with bad credit.

Credit Report

You may be using personal loans for people with bad credit to purchase a new car, but some lenders may still check your credit history. Thus, it remains important that you check your credit history and ensure there are no errors and inaccuracies. Do this ahead of time so you’ll have ample time to repair your credit file in case there are errors.

Bank Statement

Lenders will require that you provide bank statements for the last 3-6 months. Such statements will not only show how trustworthy you are when it comes to repaying loans, but will also verify your identity and income. Bank statements will also show where your money goes. If you can also show your lender a history of savings, this may also increase your chances of getting approved.

Employment Status

Lenders will look into your employment status, both past and present, and most of them will require that you are working on the same job or industry for the last 12 months or so. If you switch jobs frequently or currently on probation, your chance of getting approved is not so good. Lenders will most likely approve you of a loan if you have stable source of income.

Residential Status

In order to verify the residential information you provide them, lenders will require that you submit proof of residence, such as a phone bill and utility bill. Your credit card or bank account statements should also show such information. A stable residence will increase your chances of an approval. Also, especially if you have bad credit, you can use your home as collateral, which will also increase the likelihood of approval.

Being denied of a loan is not always a result of poor credit history. Especially if you’re taking out personal loans for people with bad credit, your approval may be as good as someone with good credit for as long as you are able to satisfy the things and documents that are required of you.