In recently, there are a lot of lenders for people with bad credit. Because the people having a bad credit history or poor credit score is increasing. However, each lender has different advantages and disadvantages meet each person’s need. You should consider thoroughly before choosing any lender.
Indeed, there are a lot of loans for people who have bad credit. Each loan is offered by a different lender. Some personal loans in the US such as personal loans for poor credit score, online loans for people with bad credit, loans for people with very poor credit… In this post, we will introduce to you about three lenders for people with bad credit.
LENDERS FOR PEOPLE WITH BAD CREDIT
Three lenders for people with bad credit that we want to offer are PersonalLoans, BadCreditLoans and JoraCredit. They providing online loans for people who have bad credit and want to have money immediately.
1. The PersonalLoans is one of the lenders for people with bad credit
The PersonalLoans has some requirements for people who want to get loans from them:
- Age / ID / Status of Residence – Customers must be 18 years of age or older to qualify for a personal loan. People must also have a valid Social Security number and be a legal permanent resident or US citizen.
- Income – To ensure that customers can repay the loan, people must have self-employed, full-time or permanent disability benefits or Social Security benefits. Some lenders may require pay stubs or other forms of income verification.
- Bank Accounts – Most loans require a valid checking account, as once a loan is approved for you through PersonalLoans.com, the lender will deposit the money directly into the said account.
- Types of Credit – Customers do not necessarily have to have good or excellent credit records to qualify for a personal loan. However, most loans require people to demonstrate a responsible model.
Example of a Personal Loan APR Range
| Amount | Period | APR | Monthly | Total Paid |
|---|---|---|---|---|
| $2,000 | 12 months | 24% | $189.12 | $2,269.44 |
| $4,000 | 24 months | 12% | $188.29 | $4,518.96 |
| $6,000 | 36 months | 12% | $199.29 | $7,174.29 |
2. The BadCreditLoans is one of the lenders for people with bad credit
BadCreditLoans.com has been helping bad credit borrowers since 1998 and is proud to be the place to go for bad credit. This application is free and you can be connected to the lender looking at you despite your credit history. However, BadCreditLoans.com does not have accessible customer service and can not guarantee you will be approved even if you are connected.
| Product Name | BadCreditLoans.com |
|---|---|
| Min Loan Amount | $500 |
| Max. Loan Amount | $5,000 |
| Loan Term | 3 to 36 months |
| Turnaround Time | Varies |
| Requirements | Depending on lender requirements, people from all 50 states may not be eligible for a personal loan. |
| Application Fee | $0 |
3. The JoraCredit is one of the lenders for people with bad credit
Some things customers need to meet:
- Be at least 18 years old
- Have a regular source of income
- Have an email address
- Have an active checking account
Customers will be required to supply a driver’s license number to confirm the state of residence.
- Step 1: To get started click on the site on this page, enter the full name and email address.
- Step 2: Create an account by choosing the residence status, date of birth. Customers need to create a new password and agree to the disclosure of privacy.
- Step 3: Provide personal information including the address driver’s license number, social security number, and telephone number. Enter the earnings and finance information, including bank account number and bank routing number.
- Step 4: Submit your application. If customers are sure you have ready to sign up, agree to the terms and click Submit.
Some benefits of a loan from JoraCredit
- Fast application process.
- Personal Finance.
- Apply with bad credit.
- Use the loan as people see fit.
Now, the financial services are more and more developing due to the development of the economy. The lenders offering many personal loans include low-interest cash loans, low monthly payment loans, lending institutions for personal loans… People can get a lot of information from some links low-interest cash loans, low monthly payment loans, lending institutions for personal loans…
In the process of improving credit history, everyone should check the current credit score. If everyone is not sure how to check credit, please refer to the article of us on checking the credit score through the link Check credit rating.
Hillary (Team Content) – Info Credit Free