Bad Credit Loans for Any Credit Score

Request the funding you need today. All credit types are welcome!

Bad Credit Loan Interest Rates and Fees

BuddyLoan’s lenders determine credit loan rates and fees based on various elements, such as credit rating, salary, and debt-to-income ratio. While you won’t get the best rates when you apply for a loan with a bad credit score, BuddyLoans goes the extra mile to try to connect you with a lower-cost loan.

Types of Legit Loans for People with Bad Credit

Even those with a less-than-perfect credit history can sometimes find a loan option. Here are some of the most common solutions:
Personal Loans can be used for almost any purpose. Debt consolidation, home improvement, medical expenses, and unexpected emergencies are all common reasons to take out a personal loan


While similar to personal loans, installment loans typically have a shorter term of approximately a year, and the APR is often a bit higher.





An emergency loan is meant to cover an emergency you simply do not have the funds to cover in your savings account. These loans often cover problems like medical emergencies, auto accidents, and cash shortages between paydays.
A debt consolidation loan combines financial obligations into a single loan with one monthly payment. It is often used to simplify finances, reduce interest rates, and pay off high-interest balances.



While many low-credit loan options exist, responsible borrowing is where it all begins. Consider interest rates, fees, and repayment terms before committing to any loan, no matter the lender.

How to Get a Loan with Bad Credit

There are a few things to remember when looking for a loan with bad credit.

1. Fill Out Our Form

Fill out the form on our website to start the process. Getting your information flowing through our network only takes a few minutes.

2. See Your Results

Once you complete the form, we will provide your on-screen results. You will find out if we could connect you with a lender, and if so, you may start the application with them.

3. Begin Working with the Lender

After the lender reviews your application, you may eventually receive a loan offer. If you accept the lender’s terms, you may receive your loan money within one business day.
Get your answer right now

How Bad Credit Loans Work

Bad credit loans offer a lifeline for individuals facing credit challenges. Here's a breakdown of how they function:

Why a Low Credit Score Is Not an Issue with BuddyLoans

At BuddyLoans, we understand that your credit score doesn't tell your whole financial story. That's why we partner with a diverse network of lenders who take a more holistic approach.

We believe the following matters:

Everyone deserves a second chance. Past credit challenges shouldn't permanently bar you from accessing financial products.

With BuddyLoans, you're not just a number. We're here to help you find lenders who see the bigger picture.

Benefits of Using BuddyLoans

Navigating the world of bad credit loans can be challenging. BuddyLoans simplifies the process to help you secure the funding you need quickly. Here’s what sets us apart.

Wide Network of Lenders

We've cultivated relationships with a diverse network of lenders that provides loans to individuals with various credit profiles. Instead of applying to lenders individually, you can complete the application form on BuddyLoans. We will then try to connect you with a lender.

Simple and Fast Process

Our online form is designed with your convenience in mind. You can complete it from home in just a few minutes. Once submitted, our system may connect you with a potential lender.



No Fees

Using BuddyLoans is entirely free. We don't charge any fees for our service. You're free to explore your options without any obligation to accept. This empowers you to make informed decisions without pressure.


Your Information is Secure

We understand the importance of protecting your personal and financial information. Our platform utilizes advanced security measures to ensure your data remains confidential and secure throughout the process.

Personalized Knowledge Base

Our personalized knowledge base is available to answer your questions and guide you through the process. We also have a contact form you can contact us on if our articles do not answer all of your questions.
While many low-credit loan options exist, responsible borrowing is where it all begins. Consider interest rates, fees, and repayment terms before committing to any loan, no matter the lender.

Bad Credit Loan Questions

Bad credit depends on the scale you use to measure it. According to the three major credit bureaus, on a FICO scale, anything under 580 falls into the bad credit category. However, using VantageScore, bad credit is anything 600 or lower.

One of the best things about using BuddyLoans is that no minimum credit score is required to fill out our form to request a loan. We understand your credit score is just one piece of your financial puzzle.

Our network includes lenders who may consider various factors, including your income, employment history, debt-to-income ratio, and overall financial situation. So, even if your credit score is less than ideal, don't let that discourage you from exploring your options.

When curious about what a bad credit loan is, they are personal loans specifically designed for borrowers with a history of credit challenges, such as late payments, defaults, or events like bankruptcy. These loans offer access to funding when traditional lenders might turn you down.

While interest rates for bad credit loans tend to be higher than those for borrowers with good credit, they provide an opportunity to secure necessary funds. With responsible repayment, borrowers can rebuild their credit over time.

The maximum loan amount you qualify for with a bad credit loan depends on several factors. These factors include the lender's policies, creditworthiness, income, and debt-to-income ratio.

Each lender has its own set of criteria for determining loan amounts. Generally, borrowers with higher incomes and lower debt-to-income ratios qualify for more significant loans. It's best to look at loan offers from multiple lenders and compare your options. That way, you can find the best fit for your needs and financial situation.

Yes, absolutely! Lending for bad credit is a legitimate and regulated practice. Many reputable lenders specialize in providing legit loans for bad credit. These lenders understand that people can experience financial setbacks and deserve a second chance. Be sure to understand the loan terms, including interest rates, fees, and repayment schedule, before committing to any loan agreement.

By making timely payments and managing your debt responsibly with the right lender, you may improve your credit score and access better financial opportunities in the future. Not all lenders report your payments, so check with any lender you work with to determine their policies.

While traditional banks and credit unions may have strict credit score requirements, various lenders specialize in providing loans to individuals with bad credit. BuddyLoans partners with a diverse network of lenders, giving you access to a broader range of options and increasing your chances of finding a loan that suits your needs.

While "good" is subjective and depends on your individual needs, some loan options are generally more suitable for borrowers with bad credit. These include bad credit loans like:

  • Secured loans
  • Credit-builder loans
  • Payday alternative loans (PALs)
  • Some types of personal loans

Please note that there's no such thing as a "guaranteed loan approval-no credit check" or a no-credit loan. Reputable lenders will continually assess your creditworthiness to some extent.

Also, remember that "loans with bad credit near me" may not always be the best option. Online loans for bad credit typically come from lenders with better rates and terms than local lenders. With BuddyLoans, you can try to connect with lenders across the country, expanding your options and helping you find the best loans for bad credit, regardless of your location.

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