If you've ever had a loan application rejected by traditional lenders as a result of bad credit, then you'd understand how frustrating and almost impossible it is to obtain a loan. However, iPaydayLoans, WeLoans, US Bad Credit Loans, and CashAdvance can be the solution. Keep reading to find out more about this in this article.
Top Lending Companies to Get Personal Loans With Bad Credit
iPaydayLoans
Right at the top of this list is iPaydayLoans. The company offers free loan services to all American borrowers. It links you with online lenders who can offer you loans up to $5000 irrespective of credit score. An unemployed applicant can still get loans, however, they should have a reliable source of income they can count on to pay back the debt.
WeLoans
Borrowers with bad credit are eligible to apply for loan offers from WeLoans. The company boasts of high approval rates of up to 97% and can help you get comparatively lower interest rates on personal loans. Applicants usually receive multiple offers within minutes if they meet the application requirements.
US Bad Credit Loans
US Bad Credit Loans is one of the best US-based lending platforms. Instead of looking at your credit score, the lenders on this website will look at your income and other factors. Moreover, US Bad Credit Loans has a simple, clear application and approval process and will walk you through the process step by step.
CashAdvance
Since its founding in 1997, CashAdvance has shown a commitment to openness and borrower-friendly practices. The company offers personal loans, credit, and cash advances to people in need of urgent funds provided they have a reliable source of income.
Other Available Options To Get Money
Non-Profit Charities
Nonprofit charities can be extremely helpful if you have financial emergencies. Some of these charities help by providing bus tickets for people going for job interviews or medical appointments and donating food and clothing to those who can't afford them.
Pawn Shop Loans
Pawn shop loans are another viable alternative to personal loans. You can borrow money by offering an item that will serve as collateral. The pawnbroker makes you a loan offer based on your collateral's worth and holds onto it until your loan is fully repaid.
Paycheck Advance
A paycheck advance is an advance on your upcoming paycheck that you can obtain from your employer. Your employer advances you money for this kind of short-term loan and deducts the repayments from your next paycheck.