Bad credit shouldn't hold you back.
We look beyond your FICO® score. Secure the funds you need based on your income and ability to repay, and use your new loan to start rebuilding your credit profile today.
The Credit Rebuilder Advantage
- All Credit Histories Considered: Past mistakes, bankruptcies, or a lack of credit history won't automatically disqualify you.
- Build Your Credit Score: On-time payments are reported to major credit bureaus, helping you establish a positive financial track record.
- No Hidden Fees: Enjoy predictable, fixed monthly payments with no surprise balloon payments.
"I was rejected by my bank due to a medical debt issue from years ago. They gave me a chance, and making my payments has already bumped my score up 40 points."
- Thomas B., Verified Borrower
Check Your Eligibility
See your loan options in minutes. Checking your rate will not hurt your credit score.
Secure 256-bit encryption.
How Do Bad Credit Loans Work?
Traditional banks rely heavily on automated credit scoring. We use specialized lenders who manually review your application, focusing on your current employment and ability to repay rather than past financial mistakes.
Submit Inquiry
Provide basic details through our secure form. This initiates a "soft pull" which does not impact your credit score whatsoever.
Verify Income
Because your credit score isn't the primary factor, lenders will verify your steady income, typically via recent pay stubs or bank statements.
Get Funded
Once approved and terms are signed, your funds are deposited directly into your checking account, often by the next business day.
Rebuild Credit
Make your fixed payments on time each month. Lenders report these positive payments to credit bureaus, helping rebuild your score.
Understanding Your Bad Credit Options
See how an installment loan for bad credit stacks up against riskier predatory alternatives.
| Feature | Bad Credit Installment Loan | Payday Loan | Auto Title Loan |
|---|---|---|---|
| Repayment Term | Months to Years | 2 Weeks (Next Paycheck) | 15 to 30 Days |
| Payment Structure | Manageable Monthly Slices | Full Lump Sum Due | Full Lump Sum Due |
| Helps Build Credit? | Yes (Reports to Bureaus) | No | No |
| Risk of Losing Assets | None (Unsecured) | Bank Overdraft Fees | High (Vehicle Repossession) |
Payday Alternative Calculator
Borrowers with poor credit often resort to 400% APR payday loans. See how much you could save in interest by choosing a standard installment loan instead.
Loan Parameters
Estimator Assumptions:
Bad Credit Installment Rate: ~30% APR
Typical Payday Loan Rate: ~400% APR (Rolled over for same term)
Estimated Interest Costs
Installment Loan Cost
$169
~$97/mo
Payday Equivalent Cost
$4,000
Estimated Interest Saved
$3,831
Submit the form at the top of the page to break the payday loan cycle and lock in an affordable installment plan.
*This tool provides estimates for educational purposes only. Payday assumption is based on rolling over a standard two-week loan continually for the selected month duration at 400% APR. Actual rates for bad credit loans vary widely by state and lender underwriting.
Frequently Asked Questions
Common questions about securing a personal loan with a low credit score.
Will applying hurt my credit score even more?
Checking your initial eligibility through our form typically results in a "soft inquiry," which does not impact your credit score. If you choose to proceed and sign a final loan agreement, a "hard inquiry" may be performed, which is standard across all lenders.
Why are the interest rates higher than traditional bank loans?
Because bad credit loans are issued without collateral and to borrowers with past financial difficulties, the lender assumes a much higher risk. To offset this risk, interest rates are higher. However, they are structured as safe, manageable installment loans—unlike predatory payday loans.
Can I pay the loan off early to save on interest?
Yes! The majority of our lending partners do not charge prepayment penalties. If you are able to pay off your balance ahead of schedule, you will save a significant amount of money on remaining interest charges.