Personal Installment Loans can be secured and unsecured depending whether you back them up with any guarantor or collateral or not. Unsecured Personal Loans may be easier to get but a little more expensive as they seem more risky for the lender. But if you borrow wisely and plan your budget to pay off the loan on time it's a good way out, especially if you have bad credit and don't want to risk your property.

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

Contents:

The difference between Secured and Unsecured Personal Loans.

Secured and Unsecured Personal Loans rates comparison.

Bad credit Unsecured Personal Loans.

Bad credit Secured Personal Loans.

Personal Loans secured by a real estate or with a car title.

How to choose the best Secured or Unsecured Personal Loan online.

TOP RATED COMPANIES

Rates last updated April 23rd, 2019
4.4772727272727

LEND YOU

$35,000
MAX Loan Amount

It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000 for Payday Loans, $1000 - $5000 for Installment loans, and up to $15,000 for Personal loans. But it may vary depending on the lender and his requirements.

4.99%
MIN APR

The minimal percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.

None, Unsecured
Collateral or Guarantor

Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.

Available for Bad Credit

LendYou.com is the easy way to find the cash you need when you need it. You’re looking for cash to pay bills, to buy a car or maybe do some work around the house. LendYou.com has the lenders you're looking for. It's easy. It doesn't matter the size of the loan you're looking for… LendYou may be able to connect you with a lender that can help.

The loans you need, when you need them.   

4.5135135135135

Check Into Cash

$3,000
MAX Loan Amount

It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000 for Payday Loans, $1000 - $5000 for Installment loans, and up to $15,000 for Personal loans. But it may vary depending on the lender and his requirements.

Varied by state
MIN APR

The minimal percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.

None, Unsecured
Collateral or Guarantor

Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.

Available for Bad Credit

Check Into Cash is a national leader in direct lending, providing customers with affordable, short-term, small dollar credit solution such as Payday Advances, In-Store Cash Advances, Online Payday Loans, Title Loans, Title Pawns,Check Cashing, Western Union®, walk-in Bill Pay, and reloadable prepaid U.S. Money Cards both online and in their in-store centers nationwide. They offer reliable service, affordable rates, simple requirements and convenient repayment. Compare the reviews on Check Into Cash and their products, fins out all you need about this company and apply for the service you need.

4.8571428571429

Bad Credit Loans

$5,000
MAX Loan Amount

It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000 for Payday Loans, $1000 - $5000 for Installment loans, and up to $15,000 for Personal loans. But it may vary depending on the lender and his requirements.

5.99%
MIN APR

The minimal percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.

None, Unsecured
Collateral or Guarantor

Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.

Available for Bad Credit

BadCreditLoans.com has been in the business of helping people since 1998. We make it simple for consumers to get the funds they are looking for online.

We offer: 

  • Bad Credit Personal Loans
  • Bad Credit Business Loans
  • Bad Credit Credit Cards
  • Bad Credit Mortgage Loans
  • Bad Credit Home Loans
  • Bad Credit Student Loans
  • Bad Credit Auto Loans
4.8333333333333

Personal Loans .com

$35,000
MAX Loan Amount

It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000 for Payday Loans, $1000 - $5000 for Installment loans, and up to $35,000 for Personal loans. But it may vary depending on the lender and his requirements.

5.99%
MIN APR

The minimal percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.

None, unsecured
Collateral or guarantor

Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.

Available for Bad Credit

PersonalLoans.com provides an easy and convenient way for consumers to be connected with a Personal Loan up to $35,000 through the network of lenders and lending partners. Through PersonalLoans.com, you can get needed loan funds quickly, in as little as just one business day. You don’t have to pay back these funds quickly, however, as the repayment time frame ranges from 90 days to 72 months depending on the terms of your loan. For shorter-terms loans offered, such as installment loans, the repayment time frame may be less than six months.

4.7692307692308

Jora Credit

Available for Bad Credit

Jora Credit is a Lender that operates under the state specific rules for the states that it services. They are committed to the lending of responsible credit products to eligible applicants in need of emergency credit. Jora offers a simple, reliable way for customers to get a loan, and have the flexibility to repay it over a duration of time that makes sense for their lives and budget. Jora provides loans as soon as the next business day. Apply today and get $500 to $2,600 as soon as tomorrow. Get a Loan Fast!

ONLINE COMPANIES

Rates last updated April 23rd, 2019
4.4285714285714

PAYDAY LOANS USA .ONLINE

$35,000
MAX Loan Amount

It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000 for Payday Loans, $1000 - $5000 for Installment loans, and up to $15,000 for Personal loans. But it may vary depending on the lender and his requirements.

4.99%
Min. APR

The minimal percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.

None, unsecured
Collateral or guarantor

Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.

Available for Bad Credit

Has life thrown you an unexpected financial curveball? Need a loan? Bad Credit?  Don’t look any further! PAYDAY LOANS USA .ONLINE is here for You. 100% online short-term Payday and unsecured Personal loans from some of the best direct lenders in the USA.

Payday Loans Low Rates

$35,000
MAX Loan Amount

It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000 for Payday Loans, $1000 - $5000 for Installment loans, and up to $15,000 for Personal loans. But it may vary depending on the lender and his requirements.

6,63%
MIN APR

The minimal percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.

None, Unsecured
Collateral or Guarantor

Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.

Available for Bad Credit

THE TYPES OF LOANS THAT WE OFFER ARE AS FOLLOWED:

$100 - $1,000 Payday Loans - a short-term loan which you typically would repay by your next payday or within 30 days. Normally comes with a higher (APR).

$1,000 - $35,000 Personal Installment Loans - involves equal periodical repayments over an agreed loan term. No collaterals are needed either, but the APR is normally lower compared to the one of the payday type.

Your Faster Payday

$5,000
MAX Loan Amount

It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000 for Payday Loans, $1000 - $5000 for Installment loans, and up to $15,000 for Personal loans. But it may vary depending on the lender and his requirements.

6,63%
MIN APR

The minimal percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.

None, Unsecured
Collateral or Guarantor

Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.

Available for Bad Credit

How does YourFasterPayday.com work? You’re looking for cash to pay bills, to buy a car or maybe do some work around the house. YourFasterPayday.com has the lenders you're looking for. It's easy. It doesn't matter the size of the loan you're looking for... YourFasterPayday may be able to connect you with a lender that can help. Fill out the block above to get started.

Fast Holiday Loans

$5,000
MAX Loan Amount

It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000 for Payday Loans, $1000 - $5000 for Installment loans, and up to $15,000 for Personal loans. But it may vary depending on the lender and his requirements.

6,63%
MIN APR

The minimal percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.

None, Unsecured
Collateral or Guarantor

Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.

Available for Bad Credit

Get cash for the holidays! Get a loan of up to $15,000 as soon as the next business day! Wrap Up the Holidays with up to $15,000 in Cash! This holiday season, get the cash you need. We’ll connect you with a lender who can provide up to $15,000 to take care of all of your holiday expenses!

Benefits:

  • Easy Online Application
  • Safe and Secure
  • Fast Decision
  • Trusted Source

Lending Point

$25,000
MAX Loan Amount

It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000. But it may vary depending on the lender and his requirements.

Not stated
MIN APR

The minimal percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.

None, Unsecured
Collateral or Guarantor

Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.

Available for Bad Credit

LendingPoint Personal Loans - is a verified licensed lender offering Prsonal Loans up to $25,000 as soon as the next business day. It specializes in customers with fair credit scores (in the 600s) and offers a very convenient and affordable repayment process consisting of easy, automatic, online payments.

Checking an offer will not affect your credit score.

PenFed Credit Union Student Loans

$300,000
MAX Loan Amount

It’s the maximum sum of cash advance allowed to apply for in the state. It is often limited to a certain sum but it may vary depending on the lender and his requirements.

5-15 years
Terms

It's the period of time within which you are to repay the loan.

$7,500
MIN loan amount

It’s the minimal amount of cash advance you can apply for. It’s not always stated, the average sum is $100. But it may vary depending on the lender and the state’s regulations.

Available for Bad Credit

Consolidate your private and federal student loans from PenFed, the refinance company offering the best interest rates. Refinance Parent Plus loans, Spouse Loans, and Individual Student Loans.

PenFed offers competitive rates for student loans, and unique loan programs such as spouse loans, allowing individuals and couples to consolidate and refinance their federal and private student loans into a single loan.

The difference between Secured and Unsecured Personal Loans. 

Personal Loans are loans for your own personal needs, such as car purchases, travelling, holidays, dental or medical care, debt consolidation, etc. There are two types of Personal Loans: Secured and Unsecured:

  • When you borrow money and use your property as a collateral, it's called a secured Personal Loan
  • If you take out a loan without an asset, then it's called an unsecured loan.

If we compare these two types, on the one hand, secured loans often have lower interest than unsecured loans, but on the other hand, you can lose your property. Unsecured loans don't require asset, but the APR is always quite higher in comparison with secured loans. What's more, is that it's much easier to apply for an unsecured loan than for a secured one, cause you don't need so many documents and verification procedures.

Secured and Unsecured Loans rates comparison. 

A Secured Personal Loans interest rate starts from 5,8% to 15%. Unsecured Personal Loans interest rate varies from 7,7% to 17%. Both variants depend on your credit score: if it's good you'll get better deals. As you can see, unsecured loans have at least 2% more interest than secured ones.

Bad credit Unsecured Personal Loans. 

A lot of lenders offer unsecured Personal Loans to customers with both good and bad credit score. The possible loan amount starts from $1,000 and may reach up to $35,000. But is it good or bad? Let's find out. If a customer has a bad credit score, it means that he failed to pay off one or more previous debts. Lenders usually see those customers as more risky clients, so the interest on the loans is often higher. Why do lenders approve applications from such subprime borrowers? What's their profit? Most people think, that there are mainly two types of lenders, who offer Personal Loans: lenders, who check your eligibility without credit score, and scams. That’s true that fair lenders always ask you to provide certain data such as: US residence verification, monthly income verification, certificate of employment. But you can also be matched with many companies ready to lend you the money even with bad credit and no credit check. Filling out a free compacom form now online will increase your chances of finding the right lender and getting approved.

To take out an unsecured Personal Loan you just need to follow a few single steps:

  • Find a suitable lender who will offer you the funds even if you have bad credit.
  • Fill out an application form.
  • Wait for approval.
  • Get the money.

NEED A LOAN? FIND THE BEST LENDERS ONLINE!

How much would you like to borrow?

Do you need to learn the total cost of your unsecured Personal Loan? Use our calculator.

Personal Loan Calculator

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Select the amount for the loan you want in order to get the principal, which is the basis that we use to calculate the interest and the total cost of the cash advance.
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The number of days within that you will be ready to repay the loan. It’s used to count the total cost of cash advance by multiplying the time period by the amount of interest.
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To calculate the total cost of your loan, we take the minimal average APR legal in all States, which is 36%. This figure is only a representative, providing you with general information on how much the loan may cost. To find out a more accurate total, fill in the Annual Percentage Rate required by the lender you want to apply to.
Every Payment (Installment) =

per month for year(s) at % 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 Payments =
Total Interest Paid* =
* The total amount of interest over all the period of the loan.
This calculation is just a representative example and is for illustration purpose only. The rate is also just a representation of what a loan may cost and may differ from the rate you’ll be offered by the lender. Their rate will be based on their vision of your personal financial situation. All the calculations are provided as guides only. They don’t guarantee 100% the same cost you are going to be charged but they do help you understand the overpay much better. Unless you change the APR, the calculations will be based on the average or lowest rate represented by most lenders for each loan type. You’ll find the accurate interest rate as well as the real cost of your cash advance after you get approved before you sign the agreement. It will depend on many factors including the amount, the term of the loan, your credit score and the lender’s conditions. Interest rates are not fixed figures and are subject to change at any time. As soon as you fill out an application and get approved all the details concerning the rates and terms will be sent to you.

Bad credit Secured Personal Loans. 

If we talk about secured Personal Loans, there are some options too. The amount of money you can borrow is usually limited only by the value of your property. It'll be easier to get the loan and an interest will be lower, but you have to risk your property. As we’ve mentioned above you should be aware of scams: if a lender doesn't require any documents or verifications, be very careful, there’s a chance you might be cheated. The converse case is also true, fair lenders will ask you to confirm some basic information.

How to get a secured Personal Loan with bad credit?

  • Look through offers for customers with bad credit.
  • Find out if you meet the requirements or not.
  • Calculate APR and check if you’ll be able to repay the loan.
  • Submit online application.
  • Get the funds.

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

Personal Loans secured by a real estate or with a car title. 

There are different types of secured Personal Loans:

  • The most common type of Personal Loans secured by real estate is mortgage. The first mortgage is a kind of loan when you buy or refinance your home. It's called so, because the lender has special rights for your property written before any other claims.
  • The second mortgage is another more popular type of secured loans. It depends on both your home net worth and equity amount.
  • Home equity line of credit (HELOC) is a real estate secured loan that functions as a credit card. You can get cash from your lenders or write checks based on your credit line amount. HELOC has two differences in comparison with other loans secured by real estate: firstly, you can borrow money as you need it, secondly, your monthly payment depends on your current loan balance.
  • Commercial Loans. Commercial loans secured by real estate are available for businesses. They usually have less attractive conditions than mortgages for people, but still are more advantageous than commercial loans secured by equipment or accounts receivable.
  • Title loan is when you use your car as a collateral and get some percentage of its price (usually from 25% to 50%, sometimes up to 90%). It's called a title loan because you can use your car throughout the whole repayment peroid. It may seem like a good option, but if you default, in many cases a lender will "repossess" your car immediately. It usually has huge interest rates (about 25% on average), it's as risky as a Payday Loan, but in the end, you can lose your car.

How to choose the best Secured or Unsecured Personal Loan online. 

There's the manual how to choose the best Personal Loan online:

  • Decide what sum you want to borrow.
  • Calculate how much you can pay off monthly.
  • Calculate the time it'll take to repay a loan.
  • Choose a secured or unsecured type of loan.

Here are some tips that will help you:

  • A Secured loan is easier to get and it has lower rates, it can be a good option, if you have bad credit score.
  • Take a loan only if you are sure you can repay it.
  • The better your credit score is, the better conditions you'll be offered.
  • Always have another plan, especially if you take out a secured loan.
  • If you have good credit score, an unsecured loan can be as good as a secured one (cause you'll be offered good interest rates).
  • Choose fixed or variable interest. Fixed rate keeps your payments constant, while variable makes them more flexible, repayments can go up or down.

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