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Borrow from $100 to $25,000
  • Apply For $50 – $1,000
  • Fast Payout
  • No Fees
  • Secure Application
  • Available 24/7
  • Bad Credit

Personal loans

  • Instant Decision
  • 60-Second Application Form
  • From $1,000 to $25,000
  • Rates from 5.7% APR to 278% APR
  • 3-36 month repayment

Short-Term Loans

  • Online decision
  • Responsible lenders
  • Apply to borrow up to $3000
  • Rates From 278% APR – 1576% APR
  • 3-12 month repayment

When you borrow money, lenders will decide based on your credit score, your credit history, your income, and a slew of other factors. A lot of emphases is usually put on credit score though as this is what lenders will look into in determining your creditworthiness as a borrower. 

What You Need To Know About Quick Loans

Bad credit will often mean borrowing opportunities that are available for you are going to be significantly limited. Aside from the fact that traditional lenders might close their doors on you, they might take forever to process a loan request. When in dire need of cash but worried about your bad credit, you can always refer to payday lenders. 

Payday loans are known for their quick and easy application process. Unlike traditional lenders that will require you to go through stringent procedures before looking into your loan request, payday lenders mostly operate online these days. From filling out the application form to processing, approval, and funding, many can get this done all in a single day- some even less. 

Before you take out these loans through, be aware that they are usually available for a small amount and are often charged very high interest rates. Since they are short-term loans, they are meant to be paid on your next payday or at the end of the month. Lenders won’t mind too much if you do not have a spotless credit score. They often only do soft credit checks anyway, which shouldn’t have an impact on your credit. But they do want to make sure that you’re getting some kind of regular income so they know you can pay them back come the due date.

Quick Loans for People with Bad Credit

The expensive nature of payday loans makes it necessary to get them paid off as soon as you can. You may be allowed to roll the loan over once, but even this isn’t advisable. Not paying it on time will mean you’ll accrue more fees which will make the whole debt even more expensive. If you’re not careful, this can lead you to a debt trap. The key is to pay it off on time. 

Emergencies, especially financial ones, come to you when you least expect it. Needless to say, there is just no way for you to be totally prepared for one. Most of the time, the best way to address situations like these is to get access to emergency funds- in this case, a loan.

Benefits of Easy Access Loans

Unfortunately, if your credit score is less than good, getting approved can be a bit hard. It is a good thing though that there are lenders that will still be able to offer you access to the funds that you need minus your less than impressive credit score. You can take advantage of bad credit loans for those pressing financial situations.

A Financial Helping Hand

A bad credit score should not prevent you from getting access to a loan, especially an emergency one. There are lenders that have focused their services to borrowers with problematic credit history by offering them quick loans that do not have any credit requirements. As long as you can provide their basic criteria, you can send them an application and expect that it gets processed in a timely manner.

No Collateral

You so not even need to present collateral when getting access to these loans. While this would mean being able to borrow a significantly smaller amount, this makes these loans perfect for those financial emergencies where you just need a little monetary bump to tide you over. This also gets rid of the risk of you losing a property or a car, which is a common dilemma for borrowers that go for a collateral loan.  

When to Get a Quick Personal Loan

There are certain situations where taking out a personal loan makes perfect sense. For instance, you are faced with an unexpected bill, you have an immediate need to do a car repair, or you have a utility bill that you have not paid which could result in a disconnection. For immediate financial needs like these, taking a out a personal loan makes sense because there are no strict rules on how you use the funds. Uses of personal loans are generally not restricted, provided it is within legal boundaries. You have the say on how to spend the funds.

Staying Responsible Financially

Once you get approved for a loan, make sure that you will get your repayments done on time. Not only will this help you avoid getting charged with additional fees for paying late, but it is also a good opportunity for you to fix your credit score. Then, convincing lenders to let you borrow money with better loan terms will be so much easier in the future. 

Frequently Asked Questions

Must I Have A Guarantor?

Usually, lenders would require a guarantor for borrowers with poor or no credit history. A guarantor will serve as an added security if in case the borrower defaults on the loan. Since unsecured loans don’t have collateral, it is an added risk for lenders. However, if your credit is in good shape, lenders will often approve you without having a guarantor.

Is there complicated requirements I must provide?

No. The application process is simple and straightforward. All you need to provide is your personal information, proof of income, and employment verification. You also need to provide your checking account information where the money will be sent to. Other than that, you don’t have to provide any complicated documents or requirements to get approved.

How Fast Can I Have The Funds?

The entire process can be completed in as fast as 15 minutes. Getting the results of your application will only take a few minutes. So you don’t have to wait hours or even days to get approved. You can have the funds immediately and we’ll send you a notification once everything is good to go.

What If I Miss My Payment?

We understand that such things could happen. While some lenders may be lenient for one or two months, however, missing your payment could result in serious consequences. It could affect your credit badly and the lender may incur additional charges or fees as penalties for late payments.

Payment Method

You will receive the payment through direct transfers immediately to your checking account. Once approved, the money will reflect on your account within seconds. You will receive a notification once your application results are in.

Got questions? Let us know.