Direct lenders for bad credit personal loans

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Personal Loans for Bad Credit
Get a loan with bad credit,
Rates as low as 5.99%
Pre-approvalfor up to$35,000
Possiblesavings of$1,000s*
FAQ’s About Bad Credit Loans
Your loan consultation is FREE…with no obligation, so let’s talk soon.
Targeted Funding
Level-up to reach your goals.
The Laurel Road Difference
100% Online Application
Low APRs - the true cost of a loan
Autopay Discount
Easy access to funds
Payment Calculator
Personal Loan Rates
Calculate Your Payments
Reasons to Get a Personal Loan
Frequently Asked Questions
Questions come up, and we have answers.
Learn About Personal Loans
Understand the ins and outs of personal lending.
Personal Loans
Flexible termsEasy funding
Disclaimers
Payment Examples
What's the easiest loan to get with bad credit?
Can you get a loan with a 500 credit score?
What loans can a person with bad credit get?
What company is the easiest to get a personal loan?

Personal Loans for Bad Credit

Everyone needs a little help at some point in their lives. Through our direct lenders for personal bad credit loans, we can help you find loans for bad credit that not only meet your monthly budgeting needs, but that can also help get you back to focusing on life – even with bad credit!

Get a loan with bad credit,

so you can finally get over your financial hurdle.

Rates as low as 5.99%

Pre-approvalfor up to$35,000

Possiblesavings of$1,000s*

*Possible savings of $1,000s if you qualify for a lower interest loan and use it to pay off higher-interest debt

FAQ’s About Bad Credit Loans

Is it possible to get a loan with bad credit?

Yes! While your credit score may keep you from getting a great APR, you may be able to find interest rates that are much lower than those you’d likely find on payday loans.

Can I get a loan without income proof?

No, without income proof you cannot get a loan with bad credit. You will need to provide bank statements and/or pay stubs as proof of your income.

Which loan company is best for poor credit?

Great question. This is exactly what Lendah is here for! Reach out to our loan specialists, and we can explore our trusted resources to help you get a loan with bad credit.

About Us

Lendah specializes in personal bad credit loans… We live, eat, and breathe lending.
We partner with leading direct lenders for bad credit personal loans and debt consolidation companies. This offers consumers the ability to leverage loans and programs to reduce personal debt, add property value or address emergency financial needs. Our Boston, MA personal loans team has helped thousands of consumers manage millions of dollars of debt with one, consistent goal: help people focus on living and stop worrying about debt. See why this group of trusted Bostonians has been an online source for bad credit loans for people just like you!

Your loan consultation is FREE…with no obligation, so let’s talk soon.

Checking your personal loan options with Lendah doesn’t affect your credit score, so you have nothing to lose and everything to gain.

CALL US!

833-4LENDAH

Mon – Fri: 9am-9pm EST | Sat: 9am-5pm EST

Targeted Funding

Level-up to reach your goals.

Pay off high rate credit cards and other high-interest debt, get money for home improvements, start your business...whatever the need, we help you achieve it with low APRs and flexible terms. Get rates in just 5 minutes.

5 Min: Check My Rates

The Laurel Road Difference

100% Online Application

Complete the entire process online from home at your pace

Low APRs - the true cost of a loan

Fixed APRs across different terms

Autopay Discount

Eligible for discount of 0.25% when monthly payments are made automatically from a bank account.1

Easy access to funds

Money disbursed directly to your bank account

Payment Calculator
Personal Loan Rates

Calculate Your Payments

Please input an amount no greater than our maximum loan amount of $

Loan term Loan Purpose

standard

Your estimated monthly payment

$167–$220

With a fixed APR of 3.75%–5.90%

The calculated payments are only an estimate. Your actual payments will depend on the actual amount for which you are approved. Eligibility and rates offered will depend on your credit profile and other factors. Rates in the above table include a 0.25% discount for making automatic payments from a bank account.1

Term

3 year

4 year

5 year

Fixed APR

8.99%—23.25%

9.49%—23.75%

9.99%—24.25%

Eligibility and rates offered will depend on your credit profile and other factors. Rates in the above table include a 0.25% discount for making automatic payments from a bank account.1 View Payment Examples Below.

Reasons to Get a Personal Loan

Frequently Asked Questions

Questions come up, and we have answers.

Who is eligible for a Laurel Road Personal Loan?

All U.S. Citizens or permanent residents with a valid I-551 card (which must show a minimum of 10 years between “Resident Since” date and “Card Expires” date) are eligible to apply for a Laurel Road Personal Loan. Loan eligibility also depends on your credit history and financial profile. If eligible, Laurel Road will perform a soft credit pull to provide you with conditional rates, so you can check your eligibility with no impact to your credit score.
How is Laurel Road able to offer such low rates?

Laurel Road recognizes that the best borrowers are those that carry lower risk. We have a team of financial experts that work to assess the rates we can offer based on risk criteria and since we work with credit worthy borrowers, we are able to offer favorable rates.

Is the Laurel Road Personal Loan secured or unsecured?

Our personal loans are unsecured.
Does Laurel Road offer a discount for setting up automatic payments?

Yes, if you set up automatic payments from a bank account via electronic fund transfer (EFT) before loan closing Laurel Road will lower your interest rate by 0.25% (the AutoPay/EFT Discount). When applied, the 0.25% AutoPay/EFT Discount will reduce your monthly payment. Typically, rates advertised on this site include the 0.25% AutoPay/EFT Discount.

Learn About Personal Loans

Understand the ins and outs of personal lending.

Personal Loans

Flexible termsEasy funding

Laurel Road offers personal loans with low rates and flexible terms to help you fund your unexpected financial needs.

Apply Now

100% online application
Competitive rates
Autopay discount2
Easy access to funds

Disclaimers

APR stands for “annual percentage rate.” Rates listed include a 0.25% AutoPay/EFT Discount. Rates are subject to change. A borrower's actual rate will be based on loans term and a variety of factors including credit history, current debts, length of residency and other factors.
AutoPay/EFT Discount: if the borrower chooses to setup monthly payments automatically by electronic fund transfer (EFT) from a bank account before closing, the interest rate will decrease by 0.25%. The discount will be reflected in your monthly payment.

Payment Examples

Fixed Rate Loans
Term	Interest Rate	APR	No. of Payments	Monthly Payment	Total Payments
3 Year	8.26% – 20.32%	8.26% – 20.32%	36	$315 - $374	$11,340 - $13,464
4 Year	9.42% - 21.71%	9.42% - 21.71%	48	$251 - $314	$12,048 - $15,072
5 Year	10.36% - 22.81%	10.36% - 22.81%	60	$215 - $281	$12,900 - $16,860

Assumptions: Repayment examples above assume a loan amount of $10,000 with repayment beginning immediately following disbursement. Repayment examples do not include the 0.25% AutoPay Discount.

Annual Percentage Rate (“APR”): This term represents the actual cost of financing to the borrower over the life of the loan expressed as a yearly rate.

Interest Rate: A simple annual rate that is applied to an unpaid balance.

KEYBANK NATIONAL ASSOCIATION RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE.
This information is current as of September 1, 2020. Information and rates are subject to change without notice.

Terms and Conditions

PERSONAL LOAN – RATE DETAILS, TERMS AND CONDITIONS

FEE INFORMATION
There are no origination fees or prepayment penalties associated with the loan. Lender may assess a late fee if any part of a payment is not received within 15 days of the payment due date. Any late fee assessed shall not exceed 5% of the late payment or $28, whichever is less. A borrower may be charged $20 for any payment (including a check or an electronic payment) that is returned unpaid due to non-sufficient funds (NSF) or a closed account.

LOAN AMOUNT
Minimum loan amount of $5,000. Maximum amount of $35,000 for loan purposes of Auto Purchase, Business, Green Loan, Moving Expenses, and Other. Maximum loan amount of $45,000 for loan purposes of Debt Consolidation, Major Purchase, and Home Improvement. Additional proof of use documentation is required to be eligible for loan amounts in excess of $35,000.

ELIGIBILITY
Borrower, and Co-signer if applicable, must be a U.S. Citizen or Permanent Resident with a valid I-551 card (which must show a minimum of 10 years between “Resident Since” date and “Card Expires” date or has no expiration date); state that they are of at least borrowing age in the state of residence at the time of application; and meet Lender underwriting criteria (including, for example, employment, debt-to-income, disposable income, and credit history requirements).

What's the easiest loan to get with bad credit?

The easiest loans to get approved for would probably be payday loans, car title loans, pawnshop loans, and personal installment loans. These are all short-term cash solutions for bad credit borrowers in need. Many of these options are designed to help borrowers who need fast cash in times of need.

Can you get a loan with a 500 credit score?

Anyone with a minimum credit score of 500 can apply for an FHA loan. But if you already have a 620 or higher credit score, it makes more sense to go for a conventional mortgage. Whereas you can make a minimum down payment of 3% for conventional loans, the lowest money down for an FHA loan is 3.5 percent.

What loans can a person with bad credit get?

Types of loans for bad credit.

Secured loans. With a secured loan, you'll have to offer your lender an asset as collateral, like a car, a home or even a savings account. ... .

Unsecured loans. ... .

Joint personal loans. ... .

Payday loans. ... .

Cash advances. ... .

Bank agreements. ... .

Bad credit home equity loans. ... .

HELOC loans for bad credit..

What company is the easiest to get a personal loan?

The easiest banks to get a personal loan from are USAA and Wells Fargo. USAA does not disclose a minimum credit score requirement, but their website indicates that they consider people with scores below the fair credit range (below 640). So even people with bad credit may be able to qualify.