Personal Loan: Help Rebuild Credit History

bad credit personal loan

Advertiser Disclosure

Why Choose an Online Lender.

Fast, Convenient and Secure. Apply online for a personal loan and get an answer instantly. There’s no need to visit the lender, all paperwork can be completed online. As soon as you complete your online personal loan application, you’ll get an instant decision on your eligibility. Loans can be funded as soon as the next business day. This is not a payday loan…it’s a real personal loan that can be repaid up to 48 months.

On-time payments may build a positive credit history, helping you get back on track. Payments are reported to the major credit bureaus. There are NO additional fees, such as application, origination, prepayment, or late fees. You will only pay back the loan principal and finance charge. Source of income from employment, self-employment, retired, benefits, unemployment benefits. Loans can be used for debt consolidation, monthly bills, repairs, relocation, medical/dental, vacation and much more. Check your eligibility today!

NetCredit Loans

This is a very easy loan to qualify for. NetCredit is a direct lender offering personal loans to consumers with bad to average credit. All loans are processed and approved by NetCredit. FICO score range required from 550-680. This is a soft pull on your Transunion credit report only, it will not decrease your credit score. NetCredit currently offers loans in the following states: AL, CA, DE, GA, ID, MS, NM, ND, SC, SD, UT, VA, and WI.

Account Features:

  • Loans from $1,000 – $10,000 with Flexible Terms
  • No Application, Prepayment or Late Fees
  • Quick and Easy Online Application
  • Build Credit History with Timely Payment
  • Payments reported to Experian and Transunion


Lending Point

LendingPoint is an online lender for people with fair credit. Loans are available up to $20,000. Borrowers should have a minimum FICO Score of 600. LendingPoint offers fair credit consumers better rates. Simply apply and choose your personal loan offer in minutes. It’s secure and provides an encrypted process for providing any required documentation. Use your loan for debt consolidation, repairs, vacation, tuition or whatever your needs.

Account Features:

  • Loan amounts up to $20,000
  • Rates from 15.49% to 34.99% APR
  • No prepayment penalties
  • Loan terms up to 48 months
  • 600 minimum score required
  • Payments reported to credit bureaus


Small Business Loans

Kabbage offers small business owners a line of credit based on the cash flow of your business which means good credit is not required. Draw against your line as often as once a day and pay only for what you take. Cash Advances can range from $500 to $100,000. Create an account in as few as 7 minutes. Link any of your business’s online services to qualify on the spot. Kabbage approves businesses by looking at real life data, not just a credit score.

Account Features:

  • Qualify for a line up to $100,000 in minutes
  • No cost or obligation to draw funds
  • Pay only for what you take
  • Take only what you need, when you need it
  • Access your cash 24/7




  1. LaToya

    July 24, 2017 at 8:09 am

    Which one should I try to use? My credit score is 616 it was at 405 really been trying to work on my credit score

    • Lisa Phillips

      July 25, 2017 at 1:38 pm

      Congrats on raising your credit score close to 200 points. That is amazing! is for people with bad credit which causes the rates to be pretty high. Your credit score is not bad. I suggest trying because they can typically find up to 5 offers for you to choose from with interest rates ranging between 5.99% to 35.99%.

  2. Michele

    August 25, 2016 at 1:03 pm

    Credit score is very poor. Income is very good. I need a loan to get some old debt paid off and pay down/off my credit cards so I can improve my credit. The last time I applied at Avant they declined me. Any other recommendations??

  3. Confused

    November 26, 2015 at 8:54 am

    620 score not approved, so I dont know what to say no bankruptcy, not foreclosures, no irs tax liens. I get it they are not spelling out some specifics details about what they will deny.

    • Lisa Phillips

      December 2, 2015 at 11:36 pm

      The Fair Credit Reporting Act (FCRA) requires lenders to send an adverse action notice letting you know the reasons you were you were denied credit and the name, address, and phone number of the credit bureau who provided the credit report. The information in the letter should give you come clarity as to why you were denied. Also, if you have recent late payments that can be a big red flag to creditors. You might receive the notice via U.S. Mail or email. If you do not receive the notice call Avant to request it.

  4. jcolerap

    September 6, 2015 at 2:09 pm

    Student loan amount was not what I expected so no money for books. Avant saved me. But I will pay it back as soon as I get this student loan mess straightened out.

  5. RayCool

    September 2, 2015 at 5:06 pm

    Thanks Lending Club, I’ve been trying to rebuild after a job loss for a few years now but was never approved for a personal loan. My scores are around 640, not bad but not that good either. This is a life saver because my bank of 20 plus years would not give me a loan. The interest rate quoted is kind of high but I can pay off early to avoid paying too much interest. I can now pay off those credit card balances and that’s a relief.

  6. baywatcher

    August 23, 2015 at 9:45 am

    Applied here after Lendingclub said no. It took only a day to get the funds after my info was verified. I would recommend because at least they give you a chance.

  7. Lovannia Adams

    August 14, 2015 at 9:53 pm

    Can u get a loan from Avant Personal Loans if u file bankruptcy and try to get a loan for 2500.00

    • Lisa Phillips

      August 15, 2015 at 12:10 pm

      Your chances of approval will be better if the bankruptcy is not recent. But with LendingClub you can apply online in minutes without any impact to your FICO score. That means you will not lose points off your score whether you are approved or denied a loan.

  8. Elizabeth

    August 4, 2015 at 5:05 pm

    Unfortunately with a 610 score I was turned down and I really needed the money to pay some bills. I will continue to work on things and if turned down by a regular bank in about 3 months will try again.

    • Lisa Phillips

      August 6, 2015 at 3:49 pm

      If you belong to a credit union you may want to try their also. Credit Unions tend to have more lenient credit requirements for their members.

  9. dominqueDD

    July 27, 2015 at 1:43 pm

    Good loan for short term only though. My credit score is around 600 so that might explain the 35% interest. The app was easy and got the money in my account in 48 hours.

  10. Laquita

    July 19, 2015 at 1:39 pm

    My cu denied my loan request because of some past lates so they say. I found this loan on here but was skeptical at first. I applied anyway because it said my score would not be affected. the application took about 10 minutes and was pretty straight forward. Long story short the loan was approved but the apr is 35%. Hopefully my payments will help my credit score. I plan to pay back the 5k early.

  11. Mindmybiz

    April 21, 2015 at 12:18 pm

    I was turned down by 2 loan companys that was suggested by CreditKarma, yeah thanks alot. I saw Lendingclub on here and decided to try and was approved instantly. The money was put in my bank account in 3 days. It took me about 20 minutes to fill out everything online.

  12. smoothsail

    April 13, 2015 at 2:02 pm

    Too bad for those did not get what they wanted. All I know is I applied for loan when no other company would give me one and was approved with funds in my account the next day. Thank you Netcredit.

  13. Anonymous

    April 8, 2015 at 7:59 pm

    My experience was not good at all. I was not approved for the amount I asked for and when I called to ask why the customer service could not explain to me why the loan amount was reduced. They should hire more competent people and not offer one amount then lower the amount. I would not recommend this company.

  14. djwiz

    April 4, 2015 at 2:24 pm

    application was quick and easy with about 2 days wait for loan to show up in my account – would use again

  15. Trinity

    March 29, 2015 at 9:33 am

    Fast personal loan. Beware the APR might be high, at least mine was. The 35% apr kind of surprised me. I needed money fast so I didn’t have time to shop around but you might want to.

  16. Junnie

    March 24, 2015 at 11:17 am

    Ran into trouble with home renovations and the bank refused to give me more money. Avant was quick, was approved for $35,000 at 9.95% with credit scores around 710. Of course I will pay off early. I recommend Avant, customer service was professional too.

  17. Melissa

    March 7, 2015 at 6:44 pm

    If you dont mind high interest NetCredit is great!

  18. Anonymous

    March 2, 2015 at 5:12 pm

    I saw this loan on this website and was skeptical that my credit (needs improvement) could qualify. Got the loan in about 2 days after spending about 10 minutes filling out the application. My apr was right around 35% and I do plan to payoff fast so I will be paying that kind of interest. Definitely worth checking out.

  19. VannaBlack

    February 28, 2015 at 1:37 pm

    The loan application was all done online. Recieved money in my account in 2 days. I would recommend them because the process was really easy.

  20. IreneWilliams

    February 15, 2015 at 6:35 am

    My experience with this company was wonderful. My credit union I been a customer at for 25 years turned me down. Avant came through for me. I would recommend but if your credit is like mines is around 605 the interest rate is gonna be high. But they still came through for me and glad to pay a little more. Thaanks Avant!

  21. JoryRebuild

    February 4, 2015 at 4:04 am

    The process was easy, fast decision and funding took 3 days

  22. mya

    January 31, 2015 at 10:29 am

    great company and no hassle thanks

  23. TopTeacher13

    January 16, 2015 at 10:11 pm

    Just finished paying off my credit cards, thanks NetCredit. Easy application and approval took about 2 days to get the money deposited. Would use again.

  24. SharonJay24

    January 10, 2015 at 2:12 pm

    My experience was good am a satisfied customer. My credit is okay with some baddies. It only took me around 10 minutes to fill out application. Be prepared to have your bank account verified.

  25. Fantasyfbnut

    January 3, 2015 at 5:47 am

    Reasonable repayment terms but why the high interest rate. Of course I took the loan offer because I really needed it and my credit union flat out denied me. Thank you NetCredit but I will be paying this off come income tax return.

  26. Hendash80

    December 5, 2014 at 11:03 pm

    I applied and to my surprise the approval came the same day. Not sure if I agree with the interest rate but since I plan to pay it off early it does not matter. The good thing is I was approved for $4000 that I asked for and the money was in my account the next day. Would definitely recommend but pay off early to avoid high interest rate. My credit score is around 616.

  27. twerkitteam

    December 1, 2014 at 1:30 am

    Thought it was a joke when they offered 39% interest. It wasn’t. My credit may be bad but it’s not that bad.

  28. jessesk

    November 13, 2014 at 8:26 am

    Needed quick money for emergency but credit is a little shaky. Avant came through for me but be prepared to answer questions, they actually called me. Turned out okay, rep was nice but not approved for what i requested. Hope this loan showing on credit helps my scores.

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertiser Disclosure: has financial relationships with some companies mentioned on this site, and may be compensated if consumers choose to apply for or purchase products via links in our content. However, whether or not we are compensated does not determine which products we mention or result in preferential treatment in our editorial pieces.

Copyright © 2017 Rebuild Credit Scores

To Top