Bad credit loans are a lifesaver when you need to borrow quick cash without worrying about your credit score. With bad credit loans, you can access a lump sum of money sent directly to your account whether you have low or non-existent credit scores. Some lenders offering bad credit loans can be stricter than others, so it’s wise to shop around, and that’s where loan providers come in!
The best loan providers do the legwork and connect you to top lenders offering the best deals on small personal loans for bad credit. They make it easy to apply for loans for people with bad credit from direct lenders who consider all credit scores. You can choose from multiple options to suit your situation, including, best loans for bad credit, and small personal loans for bad credit. Read on to discover our editor’s top picks of the best loan providers you can use to apply for bad credit loans through a fast online process.
5 Best Bad Credit Loans Online (May 2023)
- Viva Payday Loans: Overall Best for Loans for Bad Credit up to $5000 with up to 24 Months to Pay
- Green Dollar Loans: Best for No Collateral Personal Loans for Bad Credit Borrowers
- 50K Loans: Best for Bad Credit Car Loans up to $50,000 for Big Ticket and Emergency Expenses
- Low Credit Finance: Best for Installment Loans for Bad Credit for Entrepreneurs without a Payslip
- Big Buck Loans: Best for Bridging Cash Bad Credit Loans Guaranteed Approval Alternatives Starting as Low as $100
Best Bad Credit Loans Same Day Guaranteed Approval USA Lenders Only – Full Reviews
Viva Payday Loans: Overall Best for Loans for Bad Credit up to $5000 with up to 24 Months to Pay
Quick Ratings
- Decision Speed: 9/10
- Loan Amount Offering: 9/10
- Variety of Products: 9/10
- Acceptance Rate: 9/10
- Customer Support: 9/10
Viva Payday Loans offers free access to specialized lenders offering loans for bad credit ranging up to $5000. It features an easy online application process with quick approvals, fast payouts, and up to 24 months of repayment periods.
Highlights of Loans for Bad Credit up to $5000 with up to 24 Months to Pay
- Free access to specialized lenders
- Easy online process
- Quick approvals
- Fast payouts
- All credit scores accepted
Eligibility for Loans for Bad Credit Ranging up to $5000 with up to 24 Months to Pay
- 18+ years of age
- Steady Income
- US citizenship
Fees on Loans for Bad Credit up to $5000 with 3-24 Months to Pay
- 5.99% to 35.99% APR
- Late payment fee.
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Green Dollar Loans: Best for No Collateral Personal Loans for Bad Credit Borrowers
Quick Ratings
- Decision Speed: 8/10
- Loan Amount Offering: 9/10
- Variety of Products: 8/10
- Acceptance Rate: 9/10
- Customer Support: 8/10
Green Dollar Loans features a smooth online process that connects you to direct lenders offering no collateral personal loans for bad credit with immediate responses, quick disbursements, and easy repayments regardless of your credit score.
Highlights of No Collateral Personal Loans for Bad Credit Borrowers
- Smooth online process
- Immediate responses
- Quick disbursements
- Easy repayments
- Borrow money with bad credit
Eligibility Criteria for No Collateral Personal Loans for Bad Credit Borrowers
- At least 18 years old
- Government-issued ID
- Proof of steady income
Fees on No Collateral Personal Loans for Bad Credit Borrowers
- Missed payment penalty
- APR from 5.99% to 35.99%
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50K Loans: Best for Bad Credit Car Loans up to $50,000 for Big Ticket and Emergency Expenses
Quick Ratings
- Decision Speed: 9/10
- Loan Amount Offering: 9/10
- Variety of Products: 8/10
- Acceptance Rate: 8/10
- Customer Support: 8/10
50K Loans offers a hassle-free online process for high loan amounts. You can access bad credit car loans up to $50,000 for big-ticket expenses and emergencies from direct lenders with prompt feedback, swift payouts, and long repayments of up to 10+ years.
Highlights of Bad Credit Car Loans up to $50,000 for Last Minute Big Expenses or Emergency Expenses
- Hassle-free online process
- High loan amounts
- Prompt feedback
- Swift payouts
- Long repayments
Eligibility Criteria for Bad Credit Car Loans up to $50,000 for Big Ticket and Emergency Expenses
- Adult above 18
- Proof of ID and address
- Active US bank account
Fees on Bad Credit Car Loans up to $50,000 for Big Ticket and Emergency Expenses
- 5.99% to 35.99% APR
- Late payment fee.
Request Bad Credit Loans Online Today >>
Low Credit Finance: Best for Installment Loans for Bad Credit for Entrepreneurs without a Payslip
Quick Ratings
- Decision Speed: 9/10
- Loan Amount Offering: 8/10
- Variety of Products: 9/10
- Acceptance Rate: 8/10
- Customer Support: 8/10
Low Credit Finance partners with inclusive lenders offering installment loans for bad credit for entrepreneurs without a payslip. You can borrow affordable amounts from $100 to $5,000 through a streamlined online process with quick turnarounds and repay in 3 to 24 months.
Highlights of Installment Loans for Bad Credit for Entrepreneurs without a Payslip
- Inclusive lenders
- Borrow money without a payslip
- Affordable amounts
- Streamlined online process
- Quick turnarounds
Eligibility Requirements for Installment Loans for Bad Credit for Self-Employed or Freelance Borrowers
- At least 18 years old
- Proof of steady income
- Pass the affordability assessment
Fees on Expected on Installment Loans for Bad Credit that Don’t Require a Payslip
- Missed payment fee
- 5.99% to 35.99% APR.
Request Bad Credit Loans Online Today >>
Big Buck Loans: Best for Bridging Cash Bad Credit Loans Guaranteed Approval Alternatives Starting as Low as $100
Quick Ratings
- Decision Speed: 8/10
- Loan Amount Offering: 7/10
- Variety of Products: 8/10
- Acceptance Rate: 7/10
- Customer Support: 8/10
Big Buck Loans is your best bet for small to medium-sized loans. It features a fast online process that connects you to lenders offering bridging cash bad credit loans guaranteed approval alternatives from $100 to $5,000 with 2-minute feedback, tailored terms, and flexible repayments from 3 to 24 months.
Highlights of Bridging Cash Bad Credit Loans Guaranteed Approval Alternatives Starting as Low as $100
- Small to medium-sized loans
- Fast online process
- 2-minute feedback
- Tailored terms
- Flexible repayments
Eligibility Criteria for Small Bad Credit Loans Guaranteed Approval Alternatives Starting From $100 for Bridging Cash
- 18 years of age and above
- Legal US citizen/resident
- Active US bank account
Fees Expected on Small Bad Credit Loans Guaranteed Approval Alternatives Starting From $100 for Bridging Cash
- APR from 5.99% to 35.99%
- Late payment penalty.
Request Bad Credit Loans Online Today >>
How We Chose the Best Personal Loans with Bad Credit Providers of 2023
We carefully selected providers based on the following basic requirements:
- 100% online process
- Inclusive terms
- Easy qualification criteria
- Flexible amounts and repayments
- Quick payouts
Types of Personal Loans with Bad Credit 2023
Student Personal Loans with Fair Credit
Student personal loans for fair credit can help you access small to substantial amounts for further education, school supplies, or up keep.
Auto Personal Loans with Bad Credit
Auto personal loans with bad credit are suitable if you need flexible financing to purchase a vehicle.
Personal Online Loans for Bad Credit
Personal online loans for bad credit provide you with a lump sum of cash you can use however you like and repay in installments.
Emergency Online Loans for Bad Credit
Emergency online loans for bad credit feature quick approvals and payouts to get you the financing you need without delay.
Features and Factors of Loans with Bad Credit
Disbursement of Approved Loans with Bad Credit
Lenders disburse loans with bad credit as soon as possible after getting approved and finalizing the loan process.
Bad Credit Auto Loans Providers Offer Reliability
All bad credit loan lenders you get access to are licensed, trustworthy, and reliable to ensure your peace of mind at all times.
100% Online Personal Loans Bad Credit Applications
Personal loans for good credit applications are 100% online, meaning you don’t have to look for physical branches or complete physical paperwork.
Cost Associated with Small Loans Bad Credit
Lenders set APRs from 5.99% to 35.99% and may charge a late or missed payment penalty fee.
Top 5 Lenders of Small Loans Bad Credit
| Best Small Loans Bad Credit | Pros | Cons |
| Viva Payday Loans | Direct lendersEasy ApplicationQuick approvalSpeedy payoutsAll credit scores accepted | Pricey |
| Green Dollar Loans | Simple online processQuick feedbackQuick disbursementsEasy repaymentsBad credit allowed | Costly APR |
| 50K Loans | 100% online applicationHigh loan amountsSwift feedbackPrompt payoutsLong repayments | Expensive |
| Low Credit Finance | All credit types welcomeNo payslip requiredFlexible amountsStreamlined processQuick turnarounds | High fees |
| Big Buck Loans | Flexible loan amountsOnline applicationFast feedbackTailored termsFlexible repayments | Pricey APR |
Apply for Bad Credit Personal Loans Guaranteed Approval $5000 Alternatives in 4 Simple Steps
Follow these 4 steps on the Viva Payday Loans website:
Step 1: Indicate the Bad Credit Personal Loans Guaranteed Approval $5000 Term You’d Required
Choose a suitable amount from $100 to $5,000 and how long you need to repay, from 3 to 24 months.
Step 2: Access Car Loans for Bad Credit Online Application and Input Your Details
Accurately capture your personal, income, employment, and expenditure details and hit the submit button.
Step 3: Wait 2 Minutes for a Response on Your Car Loans for Bad Credit Application
You’ll only need 2 minutes to know whether or not you qualify. A lender who can help will reach out and send a loan contract. Review it carefully, then sign and return it.
Step 4: Wait for Your Bad Credit Personal Loans Payout
Lenders are speedy with payouts and will send the approved amount directly into your account as soon as possible.
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FAQs
How Do Bad Credit Personal Loans Work?
Lenders offering bad credit personal loans $5000 consider more than your credit score and focus on your affordability instead of your past credit issues when assessing your application.
How Do I Prove Income for Bad Credit Personal Loans without a Payslip?
You can prove income using bank statements, tax returns, and profit and loss statements.
How Will I Repay Loans for Bad Credit Online?
Once you complete the loan process and sign the contract, the lender will set up an automatic debit for repayments.
Can I Repay Bad Credit Loans Online in Installments?
Yes. You can make weekly, fortnightly, or monthly installment payments for bad credit loans online.
Who Do I Contact with Questions on My Best Loans for Bad Credit?
The loan contract is between you and the lender, so you should contact them directly if you have any questions about your agreement.
How Do Lenders Determine if I Can Afford Loans for People with Bad Credit?
Lenders compare your income with your monthly outgoings to determine how much you have left over for loan repayments.
What APR will I Get with Small Personal Loans for Bad Credit?
You can expect an APR from 5.99% to 35.99%. Your APR will depend on the lender, loan amount, term, and credit score.
Personal Loans for Bad Credit Instant Approval Online: Conclusion
Viva Payday Loans is an excellent choice for accessing personal loans for bad credit instant approval alternatives from inclusive direct lenders. It features an easy online application process, quick approvals, and fast payouts for loan amounts ranging from $100 to $5,000 with 3 to 24 months repayment periods. Apply today from your home and get funded in no time.
- Bad Credit Loans in Texas: Texas residents with bad credit can apply for loans to get the money they need. These loans typically come with higher interest rates and fees than traditional loans.
- Bad Credit Loans Guaranteed Approval Direct Lender in California: California residents with bad credit can apply for loans from direct lenders who offer guaranteed approval. However, these loans often come with higher interest rates and fees.
- Bad Credit Loans Online Instant Approval in Florida: Florida residents with bad credit can apply for loans online and get instant approval. However, they should be aware of the higher interest rates and fees that come with these types of loans.
- Same Day Bad Credit Loans in Illinois: Illinois residents with bad credit can apply for same-day loans to get quick cash. However, these loans often come with higher interest rates and fees than traditional loans.
- Bad Credit Loans in South Carolina: South Carolina residents with bad credit can apply for loans to get the money they need. These loans often come with higher interest rates and fees than traditional loans, so borrowers should compare options carefully.
BAD CREDIT LOANS ONLINE 2023
Disclaimer: The loan websites reviewed are loan-matching services, not direct lenders, therefore, do not have direct involvement in the acceptance of your loan request. Requesting a loan with the websites does not guarantee any acceptance of a loan. This article does not provide financial advice. Please seek help from a financial advisor if you need financial assistance. Loans available to US residents only.