Further help on how can I get a personal loan with bad credit here – the two most common sources of loans are family or friends and banks.

Family and friends will possibly entertain your loan requests on some occasions, provided they can afford it and if they find your purpose or requirement fair.

They would not look at your credit score.

Find Out How Can I Get a Personal Loan with Bad Credit

But even with social contacts and relatives, they would take into consideration your history of borrowing and if you had repaid them for any past loans that you may have had.

In a way then, even the people you know will look at your credit history, albeit a different one from what banks would consider.

apply now loan application banner
how can I get a personal loan with bad credit man holding sign
How Can I Get a Personal Loan with Bad Credit

Banks or traditional financial institutions would never entertain anyone with adverse credit.

If a certain loan needs 750 as the minimum credit score then you cannot apply for the loan even if you have a score of 735.

Traditional institutions have a stringent approach and that is unlikely to change in the near or distant future.

Fortunately, there are many ways you can get a personal loan with bad credit.

Here are your loan options

Check with your employer and look for a cash advance.

Many people don’t consider this but if you have worked at a company for a while and you are willing to work for sometime in the future, then there is no reason why you should not use this to your advantage.

Most companies have a practice of issuing fast cash advances and that can be at very little to no interest.

How Can I Get a Personal Loan with Bad Credit
How Can I Get a Personal Loan with Bad Credit?

You can consult your local credit union or any association that is known to help people with various credit types.

From employees’ forum to communities of various kinds, there are lines of credit available for employed and unemployed people with bad credit.

Obviously, the latter scenario would be eligible for very small loans.

You can try out a peer to peer lending network.

There are many companies operating today that bring together borrowers and lenders.

You may have one person satiating the entire loan requirement or you may need more lenders but you can get one or more through such peer to peer lending networks.

how can I get a personal loan with bad credit man holding sign
How Can I Get a Personal Loan with Bad Credit

Also, there are many companies that offer unsecured and secured loans to people with bad credit types.

They may or may not need proof of income if you are providing some collateral.

Do not forget the Payday option!

Payday loan is another simple way to borrow some money.

As long as you have a proof of income and you are not looking at a huge personal loan, you can get it through payday loans regardless of your credit score.

How Can I Get a Personal Loan with Bad Credit
How Can I Get a Personal Loan with Bad Credit?

If you would like to apply using this website, just go to the Menu at the top of this page and click on the relevant loan application page to get started.

apply now loan application banner

When you complete the form fully and then submit it, our system will check each lender in turn to see who will accept your loan application at the best terms possible.

A decision will be given within a few minutes.

Thank you for reading this article on How Can I Get a Personal Loan with Bad Credit and we hope it helps to get you the new loan you want today.

See also How Do You Find a Loan Shark?