The good news is that there is a good way to access cash when you need it. Bad credit installment loans with easy approval are designed to give you access to the money you require even if you have had problems with your finances in the past. The interest rates on bad credit loans are usually lower than the interest accrued on payday loans and some credit cards.

Loans for ANY  NEEDS
APR from 4.99%

Table of Contents:

Guaranteed Installment Loans for bad credit

Installment Loans for bad credit from direct lenders

Easy Approval Installment Loans for bad credit

Installment Loans online for bad credit

Tribal Installment Loans for bad credit

Top 5 Installment Loan Providers for Bad Credit

Short term Installment Loans for bad credit

Long term Installment Loans for bad credit

Guaranteed Installment Loans for bad credit

One option you might be looking for is a bad credit loan with guaranteed approval. If you buy a loan with bad credit, you may encounter offers that claim "guaranteed" approval regardless of your credit rating.

While a lender may pre-qualify you for a bad credit Installment Loan based on the advance information you give final approval depends on your credit rating, income, and other factors.

"Guaranteed credit" offers are common among auto loans or other secured cash advances, especially those that handle their own in-house financing.

Read more: Guaranteed Installment Loans for Bad Credit.

Installment Loans for bad credit from direct lenders

Don't worry, most direct lenders won't reject your Installment Loan application because of your bad credit report. Lenders will process your request for $1000 - $5000 cash advance even if you have had credit problems such as debt in the past as long as your current income is sufficient to make payments.

Direct lenders are those companies that finance their installment loans on their own or with their partners. These lenders are mostly non-Bank bodies that offer instant loans at much simplier terms than traditional financial institutions, but mostly have a higher interest rate compared to a Bank.

Not direct lenders are usually brokers, or matching services, or small companies rather than large listed companies and wealthy individuals or asset management firms. In contrast to banks or credit unions the majority of online direct lenders don’t set any minimal credit score requirements and provide Installment loans to both good and bad credit borrowers. Therefore, it’s preferable to apply with direct lenders as they have full control over the proposed rates and conditions.

Getting a bad credit Installment Loan may be fatser and more convenient. You can apply online with a simple and convenient process, get an initial decision in minutes and expect the funding with the same day deposit. Or visit the local Installment Loan lender near you, drive there and receive the cash in a few hours.

Easy Approval Installment Loans for bad credit

Bad credit Installment Loans, considered by many as more profitable than payday loans, are very useful for taking care of one-time expenses. In addition, the application process for these loans is fast. Many borrowers tend to use them for emergencies such as:

  • Overdue utility bills.
  • Unscheduled repair.
  • Medical expenses.
  • Improving credit score.
  • Consolidating debts, etc.

One of the main reasons for such popularity is easy approval for Installment Loans even if you have bad credit score. Applicants need No guarantor, No collateral, No paperwork, No credit score requirements, No hard credit check, No faxing. Applying for an Installment Loan online takes several minutes and in most cases you get instant decision from direct lenders. If approved, you may take hold of the funds within 24 hours.

Installment Loans online for bad credit

In most cases, applying for an installment loan online is quick and easy. Borrowers of installment loans are to fill out an application form online and present a document confirming the existence of an active current bank account. Once the lender processes and verifies the information, the applicant is notified in writing of the decision to approve or reject the loan.

Online Installment Loans for bad credit differ from in-store cash advances by their high availability, easy application process and good approval rates. Getting an installment Loan online takes less time and requires less paperwork. Besides, you get 24 / 7 customer service and an opportunity to choose among a variety of companies and offers.

Tribal Installment Loans for bad credit

What is a tribal loan? A tribal loan is a kind of quick money that many people call a short-term overdue loan. The loan is provided by native American lenders and operates within the jurisdiction of tribal laws. Tribal Installment loans may be a good option in the states where there are strict lending regulations. Or they perfectly suit borrowers with poor credit score who find it difficult to get approved for traditional loans. To qualify for a tribal Installment Loan for bad credit, you should provide:

  • government ID or you can provide your driver’s license;
  • your monthly/annual income;
  • an active bank account;
  • approval of employment status;
  • your average period of indebtedness should be more than two months.

Top 5 Installment Loan Providers for Bad Credit

Bad Credit Loans helps borrowers with bad credit score get the necessary urgent cash up to $5000. They connect you with reliable lenders who offer lower rates and affordable terms. 

  • MIN Loan Amount: $500
  • MAX Loan Amount: $5000
  • Terms: 3 - 36 months for Installment Loans
  • Rates and fees: 5.99% - 35.99% APR
  • Turnaround Time: 1 business day
  • Personal Loans
  • Business Loans
  • Credit Cards
  • Mortgage Loans
  • Home Loans
  • Student Loans
  • Auto Loans
  • a legal citizen of the US
  • an adult (age 18 or older)
  • a valid email address
  • a working phone number
  • the bank account where you’d like the money transferred. 
Pros
  • All credit score welcome
  • No collateral requirement
  • Easy loan request form.
  • Online processing
  • Quick Loan Request Decision
  • Rapid disbursement
Cons
  • High interest rates. 

 

 

Check Into Cash offers Payday Loans, Title Loans, Personal Installment Loans and other money products at affordable rates with convenient repayment. 

  • MIN Loan Amount: $50
  • MAX Loan Amount: $3000
  • Terms: Vary by state.
  • Rates and fees: 261% to 782% APR
  • Turnaround Time: 1 business day
  • Payday Loans
  • Online Payday Loans
  • Title Loans
  • Installment Loans
  • Online Installment Loans
  • Line of Credit
  • Flex Loans
  • Other Services
  • Check Cashing
  • Bill Pay
  • Western Union 
  • U.S. Money Card
  • Cell Phone Top-Ups
  • Sell Us Your Gift Cards For Cash
  • Active checking account open for 90+ days
  • US citizen or permanent resident
  • Personal and work phone number
  • Valid email address
  • 21+ years old (19+ in Alabama)
  • Social Security number (for Indiana residents only)
Pros
  • You can get even as low as $50.
  • Quick funding on the next business day.
  • Money can be used for any personal needs.
Cons
  • Not available in every state.
  • APR can be more than 153.73% depending on your state.
  • High late payment fees.

 

 

Jora Credit offers Installment Loans and Lines of Credit.

  • MIN Loan Amount: $500
  • MAX Loan Amount: $2600
  • Terms: 24 months
  • Rates and fees: 170% - 349% APR
  • Turnaround Time: 1 business day
  • Installment Loans
  • Line of Credit
  • You reside in a state we currently serve.
  • You are at least 18 years old (19 if residing in AL).
  • You have a job or other proven source of income.
  • You have a valid e-mail address.
  • You have an active and valid checking account.
Pros
  • Simple - it’s easy to apply right from your phone, laptop or tablet – anywhere, anytime.
  • Secure - сomplete the secure online application, find out how much you can be approved for.
  • Fast - accept your loan by 10:30am Central time and you can get your funds on the same day.
  • Helpful - with Jora, you’ll have helpful tools to increase your earnings and maximize your career.
Cons
  •  Not available in all US states. 
  •  At 349%, highest rate of APR is not too dissimilar to a Payday loan.

 

 

 

LendYou is will help you get the cash you need when you need it. You can apply for Payday Loans, Installment Loans or Personal Loans, etc. Compare the lenders and get matched with the best one.

  • MIN Loan Amount: $100
  • MAX Loan Amount: $35000
  • Terms: Varied
  • Rates and fees: Starting at 4.99% APR
  • Turnaround Time: 1 business day
  • $100 - $1000 Payday Loans
  • $1000 - $5000 Installment Loans
  • $5000 - $35000 Personal Loans
  • 18 years of age or older
  • U.S. citizenship
  • Valid checking or savings account with direct deposit
  • Minimum regular income of $1,000 per month
  • Not be a regular or reserve member of the Air Force, Army, Coast Guard, Marine Corps or Navy (or be a dependent of someone who is,) serving on active duty under a call or order that does not specify a period of 30 days or fewer.
Pros
  • High up to $15,000 loan amounts. 
  • Minimal restrictions on how you can use your loan.
  • No collatera or guarantor.
  • Bad credit is OK. 
Cons
  • It's not a direct lender, so you'll need to clarify rates and terms with the company you are matched with. 

 

 

Short term Installment Loans for bad credit

Loans that can be repaid over a period of months or years are generally referred to as short-term loans. Most bad credit Installment Loans are provided for 2 – 36 months. If agreed these loans can be as short as 2 weeks. The terms depend on the amount you borrow, and the repayments you can afford. If you are ready to pay back the principal with all the finance charges and fees in a few installments within several months apply for a short-term Installment Loan. In comparison with short-term bad credit Payday Loans they will have higher amounts and lower rates.

Long term Installment Loans for bad credit

Long Term bad credit Installment loans can be repaid within about 20-30 years. It depends on the loan amount and maturity. And they usually require a guarantor, or collateral, which means they are unsecured.

Read more: Unsecured Installment Loans for Bad Credit.

A long term Installment Loan suits those who face a large purchase which they can’t afford. For example, you need a car, or plan some travelling, want to repair or redecorate a house, borrow up to $5000 Installment Loan online from direct lenders and repay it in scheduled installments within as long as 3 years, up to 30 years. Leave the past behind, don’t worry about your credit score and use a second opportunity to handle your finance properly. Apply for either short-term or long-term, secured or unsecured 1000 - $5000 Installment Loan online or in-store and get convenient affordable repayment terms, competitive rates and quick cash advance for any personal needs.

NEED CASH FAST?
  • Payday Loans $100 - $1,000
  • Personal Loans $1,000 - $35,000