Bad credit short term loans up to $1,000
Long term loans up to $25,000
Online matchmaker with more than 70 lenders
Free “take it or leave it” offers
Bad Credit Loans
If you do not have the best credit rating, but you need a loan, it may be impossible for you to get it from a traditional lender. A bank will usually not make a loan with no credit check. In spite of this, there may be a quick solution for you when you have an emergency that you cannot put off until payday.
Lending companies online
Many trusted lending companies operate online and require no credit check. Those lenders must charge higher interest rates to make up for the risk involved in making bad credit loans. Because of their higher cost, these loans may not always be the best solutions. Nevertheless, when a poor payment history gives you no other options, the online lenders can come to your rescue quickly. Therefore, the trusted lending companies that offer loans with no credit check may be your best solution when you need money fast.
Applications for bad credit loans
Applying online for bad credit loans is convenient and fast. You do not have to wait for an office to open or stand in line to see a loan officer. Simply fill out a short application form on the secure website of a trusted lender any time of the day or night. Most of the best, trusted, online lending companies have personnel available to approve loans at all times. The lenders usually require no credit check, and you may receive approval for a loan in just a few minutes.
Approval and acceptance
When a lending company approves your application for a bad credit loan with no credit check, you will receive notice from the lender. The lender will include a document that includes the interest rate and terms. Do not accept the loan unless you are sure you can pay the entire amount due on the payment date. If you do not agree with the proposal of the lending company, you may refuse the offer and apply with another lender. If the payment amount and other loan conditions are satisfactory, you can accept the offer.
Best way to get your funds
After receiving notice of your acceptance, the lending company will soon make a direct deposit to your bank account. You are free to withdraw the funds immediately when your bank receives them.
Paying for your bad credit loan
Most lenders require payment for their bad credit loans on your following payday. The payment amount will include interest and any fees charged. You must be certain to have the money in your account when your financial institution receives the request for payment from the lending company. Failing to pay for your bad credit loan by the due date can result in extra fees, additional interest and further damage to your credit rating. In addition, most banks charge overdraft fees when a withdrawal submitted for payment will not clear your account.