02Loan type
Bad Credit Loans
A bad credit loan is a personal loan offered to borrowers with FICO scores below 600. Lenders that specialize in this market consider factors beyond credit score, including income, employment, and bank-account history, when evaluating your application.
Highlights
Why apply here.
- 01Loan amounts from $500 to $10,000
- 02FICO scores below 600 considered
- 03APRs typically 19.99% to 35.99%
- 04Decision in minutes, funding in as little as 24 hours
- 05Soft inquiry only, no impact to apply
Common questions
About this loan.
- Some lenders in our network will consider scores as low as 500, though approval is not guaranteed. The higher your score and income, the better your odds and terms.
- Yes. Because the lender takes on more risk, APRs are typically higher. Compare offers carefully and only borrow what you can repay.
- Most lenders report to one or more credit bureaus. Making on-time payments can help rebuild your credit over time.