Best Personal Loans for Bad Credit of October 2021

• Pros:
  • No fees
  • Fast approval and funding
  • Secured loan
• Cons:
  • High APR

Users with bad credit can sign up to Bad Credit Loans, which is available 24/7 to help users get the loans they need.

Bad Credit Loans has no hidden fees or rates and they keep user information 100% protected.

Offer converts on a qualified lead. Offer is not accepted to residents of NY.

• Pros:
  • No prepayment penalty
  • No fees
  • Fast approval and funding
• Cons:
  • High APR

Personal Loans® offers loans up to $35,000 without fees.

The APR range from 5.99% to 35.89%, with loan terms from 3 to 96 months.

• Pros:
  • Fast and convenient service
  • Works in all 50 states
  • Personal loans for any purpose
• Cons:
  • No direct loans

CashUSA offers quick personal loans. If a lender makes you a loan offer, you will have an opportunity to review the offer before deciding to accept it. In most cases, your funds can be deposited directly into your bank account via electronic fund transfer in as little as 1 business day.

CashUSA personal loans range between $500 to $10,000. The APR range is from 5.99% to 35.99%.

Whether you need to consolidate debt, remodel your home, or take a vacation, a personal loan may be a viable option.

• Pros:
  • Fast approval and funding
  • Low minimum credit score requirements
  • No prepayment fees
• Cons:
  • Fees
  • No Autopay discount
  • No Cosigner Option

Avant offers unsecured loans of $2,000 to $35,000. Rates range from 9.95% to 35.99%.

Avant charges an origination fee up to 4.75%.

Avant personal loans are not available in Colorado, Iowa, West Virginia, New York, Vermont, Hawaii, and Nevada.

• Pros:
  • Fast approval and funding
  • Low minimum credit score requirements
  • No prepayment fees
• Cons:
  • Fees
  • No Autopay discount
  • No Cosigner Option

Avant offers unsecured loans of $2,000 to $35,000. Rates range from 9.95% to 35.99%.

Avant charges an origination fee up to 4.75%.

Avant personal loans are not available in Colorado, Iowa, West Virginia, New York, Vermont, Hawaii, and Nevada.

• Pros:
  • Fast approval and funding
  • Low minimum credit score requirements
  • No prepayment fees
• Cons:
  • Fees
  • No Autopay discount
  • No Cosigner Option

Avant offers unsecured loans of $2,000 to $35,000. Rates range from 9.95% to 35.99%.

Avant charges an origination fee up to 4.75%.

Avant personal loans are not available in Colorado, Iowa, West Virginia, New York, Vermont, Hawaii, and Nevada.

• Pros:
  • No Prepayment Fee
  • Low APR interest
• Cons:
  • Extra Fees

Peerform provides loans to borrowers with bad credit history.

Peerform loans range from $4,000 to $25,000.

Peerform loans have fixed interest rates that range from 5.99% to 29.99%.

The lender charges an origination fee that range from 1% to 5%. For example, the final amount credited to the borrower's bank account for a $5,000 loan with a 2.0% Origination Fee of $100.00 will be $4,900.00.

The Unsuccessful Payment Fee is either $15 per unsuccessful attempt or a lesser amount as determined by applicable state laws.

• Pros:
  • Secured and unsecured options
  • Poor-credit applicants considered
• Cons:
  • Origination fee
  • Extra Fees
  • High Rates

OneMain Financial offers loans that range from $1,500 to $20,000. The annual percentage rate ranges from 18.00% to 35.99%.

You may be approved for an unsecured or a secured loan. A secured loan requires you to provide collateral, such as a motor vehicle, while an unsecured loan doesn’t require any collateral at all.

OneMain charges late payment fees. These fees may range from a flat amount of $5 to $30 per late payment, or they may be a percentage of your entire monthly payment amount or a percentage of the delinquent portion of your monthly payment amount, ranging from 1.5% to 15%.

The lender charges an origination fee. Flat fees vary by state and range from $25 to $500. Percentage fees range from 1% to 10% of the loan.

• Pros:
  • Secured and unsecured options
  • Poor-credit applicants considered
• Cons:
  • Origination fee
  • Extra Fees
  • High Rates

OneMain Financial offers loans that range from $1,500 to $20,000. The annual percentage rate ranges from 18.00% to 35.99%.

You may be approved for an unsecured or a secured loan. A secured loan requires you to provide collateral, such as a motor vehicle, while an unsecured loan doesn’t require any collateral at all.

OneMain charges late payment fees. These fees may range from a flat amount of $5 to $30 per late payment, or they may be a percentage of your entire monthly payment amount or a percentage of the delinquent portion of your monthly payment amount, ranging from 1.5% to 15%.

The lender charges an origination fee. Flat fees vary by state and range from $25 to $500. Percentage fees range from 1% to 10% of the loan.

• Pros:
  • Secured and unsecured options
  • Poor-credit applicants considered
• Cons:
  • Origination fee
  • Extra Fees
  • High Rates

OneMain Financial offers loans that range from $1,500 to $20,000. The annual percentage rate ranges from 18.00% to 35.99%.

You may be approved for an unsecured or a secured loan. A secured loan requires you to provide collateral, such as a motor vehicle, while an unsecured loan doesn’t require any collateral at all.

OneMain charges late payment fees. These fees may range from a flat amount of $5 to $30 per late payment, or they may be a percentage of your entire monthly payment amount or a percentage of the delinquent portion of your monthly payment amount, ranging from 1.5% to 15%.

The lender charges an origination fee. Flat fees vary by state and range from $25 to $500. Percentage fees range from 1% to 10% of the loan.