Bad Credit Personal Loans – Apply Online!

Explore what a personal loan is, how it works, what the lenders’ requirements are, and if you can borrow money with a poor credit history.

Need quick cash loan for large purchases, medical bills, wedding expenses, vacations, etc.? Get a $5,000 – $35,000 personal loan online with an instant approval and fast funding within 1 – 2 business days.

Check Personal Loan amounts, terms and rates in your state:

Cities Most Popular For "Personal Loans Near Me" Query

What is a personal loan?

A personal loan is a type of financing that allows you to quickly get money for your personal needs. The loan is unsecured, so you do not need to provide collateral in order to be approved. Oftentimes, a personal loan has a fixed interest rate of 3 to 36 percent, which depends on your income, credit history and debt-to-income ratio. This type of loan is repaid in regular monthly installments until the debt is fully repaid.

Why use USNETLOAN for Online Personal Loans?

  • Up to $35,000 for any personal needs
  • Available for any credit
  • Unsecured, with no collateral required
  • Instant guaranteed approval decision online
  • We work only with legit direct lenders
  • Applying is safe, secure and confidential

How do Personal Loans work?

The most convenient way to get funding is through an online application. By visiting the lender’s website, you can find a form and provide the necessary information about yourself, such as name, residential address, contact details, and more. It will take you no more than 5 minutes to fill it. After submitting the application, you will receive an answer almost instantly and you will be able to know if you are approved or not.

If you are approved, the lender will contact you to discuss the terms of the loan and its repayment. If necessary, you can ask all your questions. If you are satisfied with the offer, you sign a contract. The money will be transferred to your bank account the next business day.

Personal Loan requirements

Here are the basic eligibility criteria you should meet to get approved for a Personal Loan:

  • Credit score – the higher it is the better your chances are;
  • Proof of regular monthly income;
  • US residency and proof of address;
  • Identification – driver’s license, passport, any other government-issued ID;
  • Valid contact phone number and email address.

How to get a Personal Loan online?

  1. Check your credit score and gather all the necessary documents
  2. Pre-qualify online with an easy application form
  3. Compare the best Personal Loan offers from legitimate companies
  4. Submit your loan request
  5. Get the money within a few business days once you get approved

Before applying for a Personal Loans consider alternatives first:

Personal Loan Calculator

Every Payment (Installment) = $522 per month for 0.17 year(s) at 35% APR

* It’s the amount of money you’ll need to pay every month (or other agreed period) according to your repayment plan.

Total Paid After 2 Payments = $1,044

Total Interest Paid* = $44

* The total amount of interest over all the period of the loan.

This calculation is just a representative example. Rates and fees can vary depending on the lender. Check all the finance charges in the loan agreement before signing it

Personal loan FAQ

What do you need to apply for a personal loan?

Be at least 18 or older US citizen or an official resident Provide a proof of income Valid contact details (phone, email) A government issued ID Submit an active bank account

Can a bad credit resident be approved for a personal loan?

Since the main factor in the approval of an application is the source of income, you can get approved even if you have a bad credit history. However, it should be understood that the interest rate on the loan will be higher.

Are personal loans safe?

Certainly. Personal lenders take care of the safety of their clients' data. Since all information is encrypted, it cannot be transferred to third parties.

How long does it take to get a personal loan?

You will be able to get approval the same day you submitted your application. However, the money will not be credited to your account until the next business day. Thus, it will take you from 1 to 2 days.