DollarGeek Presents:

Best Bad Credit Loans of 2020

DollarGeek's goal is to help you make the best possible financial decisions. To help us do this, many or all of the products featured here are from our partners. However, this doesn’t influence our evaluations or ratings.

We get it, life can get tough and it sometimes leads to poor financial decisions. If you find yourself with a low credit score and in need of some cash, you still have some options. Whether you need to consolidate debt or pay for a financial emergency, DollarGeek will help you find the best lender for bad credit.

A bad credit loan will usually have a high interest rate, but it won’t be anywhere near a payday loan's rate (high 100 percents - yes, payday loans have sky high interest rates). Make sure to have an understanding of what your credit score is and how much you will need to borrow before you start shopping lenders.

The Best Bad Credit Loan Providers:

DollarGeek Rating:
on LendingClub's secure site

Estimated APR

6.95% - 35.89%

varies on credit

Max Loan Amount

$40,000

Min Credit Score

600

Rate Range:

6.95% - 35.89%

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Perks
Details
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DollarGeek Rating:
on Avant's secure site

Estimated APR

9.95% - 35.99%

varies on credit

Max Loan Amount

$35,000

Min Credit Score

580

Rate Range:

9.95% - 35.99%

View Lender Details
Perks
Details
View Details

The Best Bad Credit Peer-To-Peer Lenders:

Peer-to-peer lenders help match up borrowers with individuals willing to lend money. Peer-to-peer lenders take traditional banks out of the process and in return can sometimes offer lower fees because they have less overhead. Peer-to-peer lending can help borrowers receive multiple loan offers.