While Californians earn approximately 11% more than other workers in the nation, the living cost in this supposed paradise state is far higher than the national rate. This fact alone implies that thousands of working-class families in California are struggling to make ends meet, resulting in predictable damages to their credit profiles.
Fortunately, there are various bad credit loan services accessible for California residents right now. We rounded up some of the most reputable online loan brokers including iPaydayLoans, WeLoans, US Title Loans, CashAdvance, and BadCreditLoans. The best part is, unlike standard bank loans, these loan platforms work with lenders that do not require a high credit score or any collateral.
As long as you have a solid repayment capacity that can be proven by consistent sources of income or stable employment status, getting loans from these online loan marketplaces can be as simple as a walk in the park since lenders within these platforms will not consider credit score as the primary factor when making loan approval decisions.
Where To Get Bad Credit Loans in California
| Name | Amount | Repayment Duration |
|
$50 - $35,000 |
1- 36 months |
|
|
$50 - $35,000 |
1 - 36 months |
|
|
$50 - $5,000 |
12 - 96 months |
|
|
Up to $10,000 |
7 days - 12 months |
|
|
Up to $10,000 |
3 - 36 months |
What Are The Requirements On Credit Score When Getting Bad Credit Loans?
Obtaining loans with a bad credit score used to be difficult, but it is possible now with the help of loan brokers like iPaydayLoans. With that said, there are still some basic requirements to meet in order to get your loan request approved.
The general requirements to get loans in the US are applicant must be a US citizen with valid legal status in the US and over 18 years of age. Some states will require the loan applicant to be over 19 or 20 years of age, with slightly different loan amount availability. Additional requirements depend on your requested loan amounts and your financial situation including at least one stable source of income and solid employment history.
How Long Does It Take To Get Loans With Bad Credit?
When using online loan platforms, bad credit loan requests can be completed in as little as two hours if applicable. Take no hard credit check payday loan services on iPaydayLoans as an example. Since the application process is done online, it only takes less than 10 minutes to complete the application form, and you could receive various additional loan offers soon after filing your loan request.
In the case of an emergency, you can also apply for urgent loans for instant processing and funding. These types of loans will usually cost more than regular types of loans, but you can get everything done and get money deposited into your bank account within the same day in return.
Furthermore, the length of time it takes to finalize the loan will also be determined by the amount of loan requested. Larger loans often take longer to complete because the lender will do a more thorough examination of your financial situation.