Best Personal Loans for Bad Credit Not Payday Loans - Top Recommendations

When you have bad credit, finding a personal loan that works for you can be a difficult task. Fortunately, not all lenders rely solely on credit scores when evaluating loan applications. Here are some trusted lenders that offer personal loans for bad credit:

  • Avant: Avant offers personal loans for bad credit borrowers with a minimum credit score of 580. Loan amounts range from $2,000 to $35,000 with APRs from 9.95% to 35.99%
  • OneMain Financial: OneMain Financial offers both secured and unsecured personal loans for borrowers with bad credit. Loans range from $1,500 to $20,000 with APRs between 18.00% and 35.99%
  • LendingPoint: LendingPoint offers personal loans for borrowers with credit scores as low as 585. Loan amounts range from $2,000 to $25,000 with APRs between 9.99% and 35.99%

Keep in mind that while these lenders may offer loans to borrowers with bad credit, they may come with higher interest rates or fees than loans for those with good credit. It's essential to do your research and read reviews before applying for any loan to understand the terms, fees, and requirements.

Overall, these lenders can be a great option for those with bad credit looking for personal loans without resorting to payday loans that come with exorbitant interest rates and fees. However, it's still crucial to borrow responsibly and make sure you can afford to repay the loan in full and on time.

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