There are more and more people who having bad credit score as well as bad credit history. But they also need a personal loan to improve their lifes as well as pay for monthly bills before getting their salary. What are the lender offer personal loans for people with bad credit rating?
In the previous post, Infocreditfree.com introduces people to some of the necessary information that is useful for getting the payday loan lenders to get more information people can read the article Looking for payday loan lenders in the US is very easy with us. Now, let find knowledge about the personal loans for people with bad credit rating in the post today.
PERSONAL LOANS FOR PEOPLE WITH BAD CREDIT RATING
Just like a lot of article posts about loans for average credit, low-cost loans for bad credit, personal loan lenders, best payday loans…. this post about the personal loans for people with bad credit rating also includes some main parts. They are:
1. LendingClub offers personal loans for people with bad credit rating
- FDIC insurance and SEC registration. Your account cash balance is deposited with Wells Fargo Bank, an FDIC insured organization. It has also been registered with the US Securities and Exchange Commission since 2008.
- Welcome. Not sure you can qualify for a competitive rate on your own? LendingClub is one of the few personal loan providers that allows you to sign up with a cosigner to consolidate your application.
- Rebuild your credit. LendingClub reports your payments to the three major credit reporting bureaus so you can build your credit history.
- Available in 48 states. LendingClub is available in every state except West Virginia and Iowa.
| Product Name | LendingClub Personal Loan |
|---|---|
| Min. Loan Amount | $1,000 |
| Max. Loan Amount | $40,000 |
| APR | 6.95% to 35.89% |
| Interest Rate Type | Fixed |
| Minimum Loan Term | 3 years |
| Maximum Loan Term | 5 years |
| Turnaround Time | As few as 3 days |
To apply for a personal loan at LandingClub, customers will need to meet the following requirements:
- Credit score of at least 640
- Valid bank account
- US citizen or permanent resident
- be at least 18 years old
- Before you apply: LendingClub is not available in Iowa or West Virginia
You can start the registration process with the following steps:
- Enter your loan amount, loan purpose and your estimated credit score. Then choose if you apply as an individual or with a cosigner.
- Fill in the required fields with information about yourself, your job and your income.
- Create an account and read the Terms of Use, Privacy Policy, Electronic Consent Form and Credit Profile Authorization before clicking Get your rate.
2. OneMain Financial offers personal loans for people with bad credit rating
There are a lot of reason why people should choose OneMain Financeial:
Quick turnaround. If approved before noon on the working day, you may receive your money the same day. OneMain lenders can provide additional information about funding options and fund availability.
Secured loans are available. You have the option to apply for a mortgage loan, which can result in a larger loan amount.
Poor credit candidates considered. If you have a poor credit score, you can still apply for a loan. OneMain Financial currently has no minimum credit score requirements.
Seven-day satisfaction guarantee. If you change your mind about a loan with OneMain Financial, you have seven days to cancel it. Return all loan amounts and sign a cancellation agreement within seven calendar days of the loan date.
Many branches. OneMain Financial has nearly 1,700 branch locations in 44 states.
| Product Name | OneMain Financial Personal and Auto Loans |
|---|---|
| Min. Loan Amount | $1,500 |
| Max. Loan Amount | $20,000 |
| APR | 18% to 35.99% |
| Interest Rate Type | Fixed |
| Minimum Loan Term | 2 years |
| Maximum Loan Term | 5 years |
| Turnaround Time | As soon as the same day |
To apply for a personal loan at OneMain Financial, customers will need to meet the following requirements:
- Credit history is set
- US citizen or permanent resident
- Meet your state’s minimum age requirement
People can sign up by visiting OneMain’s financial branch or filling out an online application. Either way, be prepared to provide some important information:
- The full name and contact information
- Proof of government-issued ID, such as a driver’s license or passport
- The social security number and date of birth
- The loan amount and what you plan to use it for
- The employment status and income
This post is information about the way to find your credit rating in the USA. Also if you are looking for information about personal loans in Australia, you should read a lot of articles of Loansaustralia.net such as Get 360 Finance personal loans with the best interest rate
Personal loans in Australia have a different interest rate and fee with personal loans in New Zealand. Therefore, if you want to know about the personal loans in New Zealand, you should read the article from Loansnz.net such as The loans of Future Finance is offered with a fix interest rate…
Hillary (Team Content) – Personal loans for people with bad credit rating