Bad Credit Loans has been connecting American borrowers to reputable bad credit lenders for more than 20 years. This specialist online broker works with hundreds of lenders from across the market to help those with a less than perfect credit score to access emergency funds when they’re most needed.
Check out our Bad Credit Loans review below and discover their benefits, learn about eligibility and find out how you can apply today.
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It’s always tricky to give indicative numbers when looking at non-direct lenders, however Bad Credit Loans are super helpful in that they provide comparisons and example rates on their website based on previous loans they’ve administered.
| Lender | Bad Credit Loans Borrowing Limits | Bad Credit Loans Repayments Terms | Indicative APR |
|---|---|---|---|
| Bad Credit Loans Panel | $500 – $5,000 | 3 – 36 months | 187% |
| Direct Lender Competitor | $100 – $500 | 1-6 months | 412% |
The fact that there’s no one size fits all solution when it comes to bad credit lending makes Bad Credit Loans even more attractive. By pulling together a host of specialist bad credit lenders from across the US, you’ll have a wider choice of options than you would approaching an individual direct lender.
Because of their niche approach to bad credit lending, it’s worth taking a glance below at our pros and cons to see if you feel they meet your needs.
No! Bad Credit Loans will connect you with suitable lenders completely free of charge with no hidden fees or nasty surprises.
They’ll be paid directly from the lender you choose, helping to keep the overall costs to you as low as possible.
The applications takes a just few minutes to complete and some lenders are even able to make deposits on the very same day that you’re accepted.
Remember, Bad Credit Loans is not a direct lender so the time it takes for deposits to be made will vary.
Loans like Bad Credit Loans are not just suitable for those with bad credit but can be a fantastic resource for those on benefits or even unemployed. It really does come down to affordability, although you’ll need to ensure that you meet the following legal requirements to be considered:
Of course, this list is not restrictive and some lenders will employ different eligibility criteria to others, but generally speaking you will need to meet all of these requirements when applying for loans like Bad Credit Loans.
As discussed already in this Bad Credit Loans review, they act as an introducer between you and suitable lenders meaning that aren’t themselves bound by specific state lending laws.
As part of their service, they will ensure that all loans presented to you for selection are regulated in your state, giving you the peace of mind that you won’t be wasting your applying to lenders who cant legally accept you.
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Based in Tacoma, Washington, Bad Credit Loans offer support on all services that you can access on their site. However, it’s important that any queries about your loan are directed to your lender as Bad Credit Loans will not be able to access your private financial agreements.
Contact Bad Credit Loans:
| Telephone | 800-245-5626 |
|---|---|
| support@badcreditloans.com | |
| Address | 2661 N Pearl St. #431 Tacoma, WA 98407 |
Their friendly team aim to respond to all online and telephone queries within five business days.
The Bad Credit Loans application process takes just a couple of minutes. Once completed, you’ll be presented with a selection of bad credit loan options based on the information you’ve provided.
Here’s our step by step guide to applying for Bad Credit Loans online.
There’s no point in going through an entire application for a loan if you were never going to be eligible due to your age or residency. Start by filling these details on the right hand side of the screen so that Bad Credit Loans can start narrowing down suitable providers for you to choose from.
It’s time to find out more about the type of loan you’re looking for. Choose the amount you’d like to borrow along with the reason for your loan, although rest assured that the reason won’t impact your chances of getting or not getting credit.
The penultimate step is to simply provide contact information so that your loan offers and credit agreements can be sent out for your own records.
The final step is to confirm your employment status and/or income. Don’t worry – all applications are treated with the utmost confidentiality so your employer won’t know you’re applying for credit.
You’ll also need to provide identification details to verify your residency and identity.
Once completed, it’s down to you to choose the bad credit loan that can help you to best solve whatever financial emergency life has thrown your way.
Bad Credit Loans do a great job of bringing together loans specifically designed for those with bad credit. Whilst they don’t offer loans directly, they do have access to plenty of lenders who are ready to say yes even if you’ve been refused elsewhere.
Credit Raters is a free financial comparison website owned by Season Marketing Ltd which is a company registered in England and Wales (Company number 08901402). Season Marketing Ltd's registered office; 71 - 75 Shelton Street, London, England, WC2H 9JQ. Season Marketing Ltd is authorized and regulated by the Financial Conduct Authority and entered on is the Consumer Credit Register under reference number: 727385. Licensed by the Information Commissioners Office, (registration number ZA064129). The operator of this website is not a lender, does not broker loans to lenders and does not make short term cash loans or credit decisions. It is not an agent, representative or broker of any lender and does not endorse any lender or charge you for any service or product. This Web Site does not constitute an offer or solicitation to lend. This site allows you to submit the information you provide to a lender.
