Online Loans for Bad Credit
Instant Approval. No Hard Credit Check!Bad Credit Loans In
Bad Credit Loans from $50-$50,000
Applying won't impact your credit score
Approval in as fast as 15 Mins
All Credit Welcome
Get 3 Times More Cash
Same Day Cash $50-$50,000
Loans for People With Bad Credit
If you've been facing challenges with bad credit, some excellent news for you is that loan options are available! While traditional lenders usually rely heavily on your credit score to decide on personal loans and their rates, CASH 1 looks beyond the number on your credit report.
What Is a Bad Credit Loan?
A bad credit loan is a personal loan designed for individuals with low credit scores or limited credit histories. At CASH 1, we understand that a low credit score can make it challenging to secure a loan.
CASH 1 does not provide bad credit loans; we offer loan products that look beyond your credit score and analyze your overall creditworthiness.
Benefits of CASH 1 Bad Credit Loans
Getting a loan online when you have bad credit can be helpful. Here are some benefits of getting bad credit loan from us:
Easy Accessibility
Applying for a bad credit online loan with us is fast and easy. You can complete our application in a few minutes. Sometimes, you can even get the money the same day you apply! With our mobile app, you can use it from any device, like a phone or computer, without hurting your credit score.
Transparent Process
We want to make sure you understand everything about your loan. For example, we'll help you understand all the terms so you can make smart choices.
Quick Approval and Funding
Getting approved for a bad credit loan online with us is quick! You might know if you're approved in a few minutes, and your money will be in your bank account the same day.
Flexible Requirements
You can get a loan with us even if you don't meet strict income or credit score requirements.
No Minimum Credit Score Needed
CASH 1 doesn't require a minimum credit score to approve loans, which means people with low scores can still get loans. Unlike traditional banks, we want to help those who might be struggling financially by examining more than just credit scores.
How Can I Apply?
What are the requirements?
18 year or older
Able to prove income
Open checking account
What our customers are saying
Types of Loans for Bad Credit
How to Qualify for a Bad Credit Loan
Qualifying for a bad credit loan may be daunting, but careful planning can boost your chances. Here are some steps to guide you and help you manage your financial situation effectively.
Check Your Credit Report
The first thing you should do is check your credit report. This report shows your history of borrowing and paying back money. You can get a free copy of your credit report to find any mistakes.
Examine Your Budget
Before asking for a loan, take a close look at your finances. Think about why you need the loan and whether you can afford it. Understand the loan's cost, including interest and any extra fees. Make sure the monthly payments are manageable and fit into your budget. This will help you avoid money problems in the future.
Pre-qualify
Getting pre-qualified can help make finding a loan easier. This means you fill out a short application online that doesn't hurt your credit score. Some online lenders look at things besides your credit score, like your bank history.
Pre-qualifying helps you learn about loan options, including interest rates and amounts you might borrow. It's a good idea to check multiple lenders for the best deals.
Prepare Your Documents
To apply for a loan, you need to gather some important documents. You'll need proof of income, which can come from your job or benefits like Social Security. Ensure you have a bank account for your income, especially if you get paid through direct deposit. You must be 18 years old and live in a state supporting that lender.
Apply
When you have everything ready, it's time to apply for the loan. The application is simple, and you can complete it online. Fill in your personal and financial details and make sure everything is correct.
Many lenders let you complete the process online. Sometimes, they won't require a minimum credit score since they consider different facts to approve you. Online loans can be a good choice if you need help in a money emergency.
Factors to Consider When Selecting a Bad Credit Loan
Picking the right loan when you have bad credit can be challenging, but here are some essential things to consider to help you make a good choice.
Eligibility
To get a loan with bad credit, you usually need a steady job, an active bank account, and a way for the lender to contact you. Depending on where you live, you can borrow between $50 and $50,000.
Interest Rates
Interest rates are the amount of extra money you must repay on the loan. They can be very different from one loan to another. You can see our rates and terms for the products available in your state.
Repayment Terms
The repayment term is how long you have to pay back the loan. We have payment plan options that allow you to pick a plan that works best for you. When you get a loan, we will tell you everything about your payments and when they are due so you know what to expect.
Fees & Penalties
CASH 1 doesn't charge origination or processing fees. But, if your payment is more than 10 days late, you may be charged a late fee equal to 5% of the unpaid balance of the late payment.
How to Get a Bad Credit Loan?
Apply Online
Get Approved
Get Your Cash
