Bad Credit Loans

Do you have bad credit but need a loan? We can help. We work with hundreds of lenders of which most all offer loans to people with bad credit. Our lenders generally lend smaller amounts to people with bad credit. Our typical loan amounts can range from $300 to $5,000 depending on the creditworthiness of the person applying.

The advent of the instant, online loans has revolutionized how people borrow money. Traditional loan practices used to involve banks, loan officers, mountains of paperwork and tensely waiting days or even weeks to be approved. Or denied. If you have bad credit and negative credit history, your chances of being approved for a traditional loan from a bank or lending institution are virtually nil. However, if you need money today, then you should know that all hope is not lost.

There are many online loan companies that will wire you an online loan directly to your bank account today. Even if you have bad credit, understand that such companies do not reward people in need of money with bad credit. It is more of professional courtesy and understanding that everyone needs help sometimes. You have to have a job, an address, a bank account and a steady payday schedule from your employer to ensure timely repayment of the loan.

If you are like many people with bad credit, yet in immediate need of a loan, you can borrow money from a bad credit online lender.

What Is a Bad Credit Lender?


An online lender is an online loan company that specializes in offering loans to consumers in need via an online application process. Most online lenders have an application process that requires a soft credit history check. As long as your credit history is not too negative, the loan can be approved.

Bad credit lenders specialize in offering online loans to people with bad credit scores. Although some shady online lending companies operate in this manner, there are many legitimate and reputable bad credit online lenders in the industry. The difference between an online lender and a bad credit online lender is that a bad credit lender usually has higher interest rates to compensate for applicant risk.

Bad Credit Online Loan


Applying for an online loan with bad credit is a process that can be completed within minutes. You will have to provide personal information like your address, date of birth, social security number, place of employment and banking account information. Most importantly, you will have to have a viable bank account and a job. That is the primary key to being approved for a bad credit online loan.

After an online review process, you will be presented online with your borrowing options by your loan request. Most online loans are for a few hundred or a few thousand dollars. The terms for repaying the loan will be plainly outlined, as well as the repayment schedule. Once approved, the loan amount will be deposited into your bank account automatically. Once the repayment day arrives, the loan will be automatically deducted from your bank account in predetermined installment amounts.

Interest Rates


Due to the instantaneous and convenient nature of online loans, especially bad credit loans, you should expect to pay high-interest rates. Such rates should not exceed 35%. In the case of bad credit loans, they might exceed that rate. Make sure that you always have enough money in your bank account to cover automatic withdrawals. You could be walloped with overdraft charges every time your bad credit lender withdraws funds if you don’t have enough to cover withdrawals.

Don’t Let Bad Credit Stop You


Compare the rates offered by several lousy credit lenders. Carefully plan out your future paydays to coincide with automatic withdrawals from your bank account. You will have to budget and plan out when automatic bank account withdrawals will occur. Still, it’s a small price to pay for instant access to a bad credit loan from an online lender.

To provide more clarity about loans we create a customer resource guide.