Personal loans are needed for a variety of reasons. Whether a personal loan is used to pay down or consolidate debt, home improvements, cover emergency or unexpected expenses, tuition, medical bills or even a wedding, a personal loan is a good option.
Depending on your credit you may have to choose a personal loan for bad credit. Interest rates and terms may be less favorable for consumers seeking personal loans for bad credit; but it may be a way of actually rebuilding your credit.
Personal loans are considered installment loans and good for your mix of credit. Credit mix accounts for 10% of your credit score and having credit cards along with a personal loan (and making timely payments) will rebuild your credit score.
Personal loan applications are often a fast and simple process, and in some instances you will get an immediate answer as to whether you qualify for the loan. Upon approval, loan funds are usually available within a few days after an application is fully approved.
Here are a few sources to get the money you need, even with bad credit. All of the sources offer online personal loans with simple and secure applications.
Get up to $2,500 to use in any manner you like. Consumers can borrow money to consolidate credit card bills, take a vacation or pay back taxes or for any monetary need. Repayment terms up to 36 months. Bad credit consumers are welcome to apply, even bankruptcy is okay. This is a fast, secure way to borrow money in the privacy of your own home. Apply Online!
Get cash with plenty of time to pay it back. Springleaf has loans that fit your budget and a variety of loans to fit your needs. Borrow for whatever you want — including bill consolidation; home improvements, college expenses, major purchases and even unexpected expenses. Consumers can borrow up to $15,000 or more. Springleaf has 90+ years of personalized service and experienced staff ready to help with your next loan request. Apply online now!
Peer-to-peer lending connects borrowers with lenders in a social lending environment. Interest rates are typically better than the national average. Consumers can borrow from $2000 up to $35,000 and get funded in days. Borrowers simply post their needs and get exposed to many lenders. Lenders invest together to get you the money you need. Loans are then packaged into one simple loan and repaid over 48 months. Apply online now!
Consumers short on cash and in need of a quick loan may find a payday loan useful. These are very expensive short-term loans so it is wise to use them only when needed. Simply submit your application and receive instant approval. Depending on your state, payday loans may be limited to $300 up to $700. Apply Today!