Bad Credit can make it difficult to secure a loan from traditional lenders like banks and Credit unions. However, there are lenders that specialize in offering Loans to people with low Credit scores. Here are five top lenders that offer Bad Credit Loans.
1. OneMain Financial
OneMain Financial is a lender that offers personal Loans to people with Bad Credit. They have been in business for over 100 years and have over 1,500 branches nationwide. OneMain Financial offers Loans up to $20,000, and their interest rates range from 18.00% to 35.99%. They also offer a variety of repayment terms, from 24 months to 60 months.
2. Avant
Avant is an online lender that offers personal Loans to people with Bad Credit. They offer Loans from $2,000 to $35,000, and their interest rates range from 9.95% to 35.99%. Avant also offers a variety of repayment terms, from 24 months to 60 months. They also offer a mobile app that allows you to manage your loan and make payments.
3. LendingPoint
LendingPoint is a lender that offers personal Loans to people with Bad Credit. They offer Loans from $2,000 to $25,000, and their interest rates range from 9.99% to 35.99%. LendingPoint also offers a variety of repayment terms, from 24 months to 48 months. They also have a fast application process and can fund Loans the same day.
4. Upgrade
Upgrade is an online lender that offers personal Loans to people with Bad Credit. They offer Loans from $1,000 to $50,000, and their interest rates range from 6.94% to 35.97%. Upgrade also offers a variety of repayment terms, from 36 months to 60 months. They also offer a free Credit monitoring service to help you improve your Credit score.
5. OppLoans
OppLoans is a lender that specializes in offering Loans to people with Bad Credit. They offer Loans from $500 to $4,000, and their interest rates range from 59.00% to 199.00%. OppLoans also offers a variety of repayment terms, from nine months to 36 months. They also offer a quick application process and can fund Loans the same day.
In conclusion, if you have Bad Credit, there are lenders that specialize in offering Loans to people in your situation. By researching the lenders listed above, you can find one that best fits your needs and can help you get the funds you need. Remember to be cautious when taking out any loan and read the fine print carefully to make sure you understand the terms and conditions of the loan.