Bad Credit Loans - Loans for people with Bad Credit

Below you will find a variety of lenders that offer loans that are especially designed for people with a bad credit score. Take your time and compare the offers to find some of the best bad credit loans available in the USA. Loans for people with bad credit are effectively offered to all types of borrowers, including those who have a bad credit history to their name and those who have been refused a loan elsewhere. It doesnít have to be difficult to get a bad credit loan approved and these loans are much more flexible and you can borrow more money than a payday loan. Even if your bank has turned down your application for a loan you are likely to find a lender who will accept you for a loan with Which Way To Pay. Note that state laws regarding your loan terms may govern your loan agreement. See below for more information on bad credit loans. Make sure you weigh up the pros and cons of different bad credit loans and that you understand the risks involved.

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COMPANYTYPE

TYPE

Lender / Broker

APR

APR

The term annual percentage rate describes the interest rate for a whole year (annualized), rather than just a monthly fee/rate

LOAN AMOUNT

LOAN AMOUNT

Amount you can borrow

MIN TERM

MIN TERM

Minimum borrowing period

MAX TERM

MAX TERM

Maximum borrowing period

STATES

STATES

States loan is available in

TERMS

TERMS

Terms and conditions of loan

SUITABLE

SUITABLE

Applicants the loan is suitable for

RESTRICTIONS

RESTRICTIONS

Restrictions regarding potential borrowers

SECURED LOAN

SECURED LOAN

Loans secured with an asset

UNSECURED LOAN

UNSECURED LOAN

Loans which are not secured with an asset

MORE INFO

First Choice Capital Resources
Apply : First Choice Capital Resources

BrokerVariesUp to $2,5001 Month36 MonthsStates

States

Available in all states

Terms

Terms

See terms and conditions

Suitable For

Suitable

If you have bad or no credit

Restrictions

Restrictions

See individual lenders terms and conditions

NoYesFirst Choice Capital Resources
First Choice Capital Resources is dedicated to finding the right lender to fit your needs. They also provide 'loans for bad credit'. They provide a fast, secure, and private way to borrow the Cash you need! Get up to $2,500 to use however you like-- Bankruptcy and bad credit is NOT an issue. They have a quick and easy online approval. Their unique program matches your needs with the right lenders for instalment loans, payday loans, and merchandise credit lines. They maintain a database of these different type lenders, and show your profile to the best lenders for your unique situation. You create one simple online profile, and they search their entire network for you. DETAIL INFORMATION >>Services

Services

Instant online application acceptance


Advantages

Advantages

1. Pay off bills.
2. Take a vacation.
3. Make home improvements.
4. Use the money in any manner you like.
5. Bankruptcy - no problem
6. Flexible payment terms
7. Past credit problems OK.


Disadvantages

Disadvantages

1. You have to apply to obtain the fees and charges

AmeriAdvance.com
Apply : AmeriAdvance.com

BrokerVaries$100 - $1,5008 days25 daysStates

States

Available in all states

Terms

Terms

You must be 18 years old and make at least $1,000

Suitable For

Suitable

Emergency cash needs

Restrictions

Restrictions

1. Current employment (or receive regular income)
2. Make at least $1000/month
3. Be 18 years of age or older and a U.S. citizen
4. Have checking or savings account with direct deposit.

NoYesAmeriAdvance.com
AmeriAdvance.com provides access to quick cash loans via the internet. Their service is tailored to fit the needs of people who need extra cash and need it quickly. Loans are available for $100 to $1,000 and their secure application is available 24 hours a day. At AmeriAdvance.com, you do not need to go to a bank and wait in line. Set your bank account up with direct deposit so you can securely get your cash in the time you need it. AmeriAdvance.com specialise in emergency cash loans. You can easily apply for payday loans online and receive the money you need today. You receive instant approval and 100% of applicants are accepted to receive loans up to $1,500. DETAIL INFORMATION >>Services

Services

1. Bad credit will not prevent you from receiving a payday loan at AmeriAdvance.com
2. Each state has different rules and regulations regarding loan due dates. Typically, repayment is scheduled on your next payday (between 8 and 25 days away).


Advantages

Advantages

1. Completely online.
2. Instant approval.
3. Get funds fast.
4. No faxing.
5. No credit checks


Disadvantages

Disadvantages

1. Depending on the lender, fees can range from $25 to $30 per $100 borrowed.
2. Payday loans are not suitable for long term financial problems.

CashNetUSA
Apply : CashNetUSA

Lender243.25% - 683.04%$100 - $2,2508 daysVaries by stateStates

States

AL, AK, CA, DE, FL, HI, ID, IL, KS, LA, ME, MI, MN, MS, MO, NV, NM, ND, OH, OK, OR, RI, SC, SD, TN, TX, UT, VA, WA, WI, WY

Terms

Terms

Suitable For

Suitable

Driverís license or State ID/Social Security Number

Restrictions

Restrictions

1. Have an active checking account
2. Have been employed for at least one month
3. Must be a US citizen or permanent resident
4. Must be at least 18 years of age

NoYesCashNetUSA
Save 50% off your initial loan fees at CashNetUSA now through 1/20/13! Use coupon code NEWCASH50. CashNetUSA is a leading online lender of subprime personal loans. Theyíre dedicated to helping people bridge the gap between paydays from the privacy and comfort of their own home. Since 2004, they have helped over 1 million satisfied customers get the money they need, when they need it most! Apply for a payday loan in minutes, get instantly approved and have your money deposited directly into your bank account by the next business day! There's typically nothing to fax and no extra paperwork to fill out. Get the money you need, when you need it most. DETAIL INFORMATION >>Services

Services

1. Online Payday Loans
2. Installment Loans
3. Line of Credit


Advantages

Advantages

1. Five-minute application
2. 24/7 customer service via phone, email or online chat
3. Get cash as early as the next business day
4. Earn $20 credit for every friend you refer
5. Preferred member program
6. Over 1 million satisfied customers


Disadvantages

Disadvantages

1. Loan fees are based on your stateís requirements
2. Availability of loan extensions is based on your stateís restrictions
3. Max loan amounts are based on your stateís guidelines

Holidaycashquick.com
Apply : Holidaycashquick.com

BrokerVariesUp to $1,500VariesVariesStates

States

Available in all states

Terms

Terms

You must be at least 18 years old, have a regular source of income and have an active bank account.

Suitable For

Suitable

Emergency cash needs

Restrictions

Restrictions

1. You must be at least 18 years of age
2. Have a job (or other regular source of income)
3. You must have an active open bank account

NoYesHolidaycashquick.com
When you need cash now, but payday is still too far away, a payday loan can be the answer to your problems.HolidayCashQuick.com will try and match you with a bad credit loans lender most likely to provide you with the cash that you need. Apply online and you can receive up to $1,500 in as little as one hour. You can receive instant approval and you can still apply even if you have bad credit. Simply fill out the short application and HolidayCashQuick.com will identify lenders that can provide you with a short term cash loan. They will attempt to match you with a lender most likely to provide you the cash you need. DETAIL INFORMATION >>Services

Services

1. Matches you with a suitable payday loan lender.


Advantages

Advantages

1. Instant approval
2. Bad credit OK.
3. Low fees.
4. Simple to apply.


Disadvantages

Disadvantages

1. Payday loans are not suitable for long term financial problems.

If you wish to speak to someone: Contact Us

Getting The Best Bad Credit Loans!

There are Creditors who will provide loans for people with bad credit. There are some good tips available to find the best bad credit loans

What is a Bad Credit Loan?

Bad Credit Loans are often secured loans. This means that in order to obtain a bad credit loan you must be prepared to offer an asset such as your home as collateral for the security of the loan. some bad credit loans are unsecured which means you do not have to tie the loan to an asset such as your home but the interest on an unsecured bad credit loan is likely to be quite high. Bad credit loans have become increasingly popular ever since the banks made it more difficult to obtain loans for people with bad credit. But you can now get a loan whatever your credit score.

Bad credit loan lenders will perform a credit check on you but even if you have bad credit they may well be able to grant you a loan. Some bad credit loan companies will offer different rates of interest on their loans depending on your credit score so if your credit score isnít too bad you may find a better deal. Make sure you compare the market to find the loan best suited to you.

How to keep bad credit loan costs down

If you are looking for a bad credit loan then you will want to keep the costs as low as possible. Some bad credit loan companies will lend up to $100,000 but if you want to borrow this sort of money you will almost certainly have to offer your home as a security deposit for the loan so the risks can be quite high. There are a range of pros of cons of secured and unsecured loans so make sure you understand the risks of each before deciding which is best for you. Realistically the less money you borrow and for the shorter period of time the less money you will have to pay back.

It is really important to minimise the amount you borrow and no matter how much the bad credit loan lender says they can offer you do not go above the maximum that you really need. Make sure that you compare and contrast different bad credit loan lenders. Different bad credit loan companies are likely to offer you different sums of money at different rates of interest. Work out exactly how much you want to borrow and then see which bad credit lender can offer you the best deal. Make sure that you read the terms and conditions thoroughly so that you are aware of any hidden fees.

Do Bad Credit Loans Carry Risks?

Bad Credit Loans can certainly be a risky way of borrowing money. If you are borrowing using a secured bad credit loan then if you do not make repayments on time you could lose the asset you used to secure the loan and in many cases this could easily be your home. Any loan not paid back in time will affect your credit rating negatively and you really do not want to damage your credit rating any further than it has already been or you will lose the ability to borrow from anywhere for what could be a long period of time. A better credit rating means better loan conditions.

It is really important that you read the terms and conditions of whatever loan you think you might be interested in. All of the costs involved with a bad credit loan will be explained in the T&Cs so you can be confident that you know what you are getting yourself into. If you have any doubts or are concerned about anything then it is worth seeking independent financial advice.

Bad Credit Loans - Latest News News and Charts

Have You Ever Considered Getting A Bad Credit Loan

03 August 2012 12:30
Phoebe Robinson

Have you got bad credit but want to borrow money? Well if you are being continuously defaulted by the banks, do not despair there is an alternative. Unsecured bad credit loan providers are prepared to lend people with bad credit ratings money.

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The Pros And Cons Of Bad Credit Loans

18 May 2012 12:00am
Florence Fullalove

If you have a bad credit rating then you will know how difficult it can be to get the loan that you want. However, there are bad credit loans, special loans offered to those who have been turned away by conventional lenders because of their credit history.

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Do You have Bad Credit But Need A Loan?

05 March 2012
Which Way to Pay

For a long time it was nearby impossible to get some sort of financial aid if you were struggling with bad credit, as you were considered to be too high of a risk by lenders, but with many different solutions now available you can still get the loan you need whatever your credit history

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Got Bad Credit? Donít Despair!

23 November 2011
Which Way to Pay

Bad credit can feel like the end of the world if you need a loan, but canít get the credit, or even if you want to buy a house and canít get approved for a mortgage. There are financial products out there that can help!

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Bad Credit Loans Explained

17 November 2011
Which Way to Pay

If you have a bad credit rating, then you are very aware of the impact this can have on any loan application you make. Banks and other financial institutions have become less willing to lend since the recession of 2008, making it even harder for someone with a poor credit history to get a loan should they need to.

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