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Best Short Term Loans with Bad credit

– Welcome to Lendersus.com, the home of short term loans with bad credit. We rank small loans between $100 up to $2,500 and also personal loan alternatives up to $40,000. Our aim is to provide an updated list with active companies, that provide loans for a wide range of customers. Even if you have a low credit score.

Requirements in short

  • At least 18 years of age.
  • Before tax income of $1,000 per month or more.
  • Valid checking account.

This applies for both payday loans and installment loans. According to our research the best chance for an approved loan is when the applicant is of 20 years of age and over, and has between $1,500 and $2,000 of income per month before tax.

Short term payday loans offer the following advantages

  • No or soft credit check necessary only from major credit bureaus.
  • You can avoid charges for interest, credit cards, bank overdrafts and NSF checks.
  • Repayment terms are easy.
  • Payday loans are quick and simple to secure.

Most companies on this site offers two types of loan

  • Loans paid back between 14 to 30 days. Common amounts are $100 to $1,000.
  • Short term installment loans. Paid back in installments over time, usually between 3 months and 1 year. Common amount vary between $1,000 up to $10,000.

We also recommend a couple of personal loans below, loans with longer durations up to 7 years and lower APR. These loans require higher credit score on your part.

Best Short Term Payday and Installment Loans (2018) - US

Your state:
Advertiser disclosure
Lender Amount Cost States Features
BadCredit.com BadCredit.com $100
Up to $5,000
Individual rates 37 Bad Credit allowed
High approval rates
Next Business Day Deposit
Time to decision: 2 min
Type of service
HonestLoans HonestLoans $200
$300
$500
Up to $2,500
$30 - $60
$45 - $90
$75 - $150
Up to $750
43 Bad Credit allowed
High approval rates
Soft credit check
Same-day deposit in some cases
Time to decision: 2 min
Type of service
CashUSA CashUSA $500
Up to $10,000
Individual rates
49 Bad Credit allowed
High approval rates
Short installment loans
Soft credit check
Next Business Day Deposit
Time to decision: 2 min
Type of service

Best Personal Loans (2018)


Loans up to $40,000 – Most requires credit score above 580.

Lender Amount Repayment Terms States Features
$500
Up to $35,000
3 mth to 6 yr 50 Bad Credit allowed
High approval rates
Soft credit check
Repayment: 3 mth to 6 yr

Next Business Day Deposit
Type of service
$1,000
Up to $5,000
Up to 1 yr 45 Bad Credit allowed
High approval rates
Repayment: Up to 1 yr

Next Business Day Deposit
Type of service
$1,000
Up to $40,000
2 mth to 7 yr 50 Bad Credit allowed
Medium approval rates
Credit check
Repayment: 2 mth to 7 yr

Next Business Day Deposit
Type of service

Lendersus.com compare loans, we don’t provide the actual loan. We never send e-mails with loan offers.
If you receive a mail that claim it’s from us, don’t respond! Same goes with phone calls.
Use our contact form, if you have any questions.

Payday Loans: An Introduction

With the current shaky economic climate and the clampdown on credit, many people are turning to payday loans as a means of obtaining short term loans to tide them over between paychecks.

Helping in Minor Financial Emergencies

A payday loan is a short term loan that basically acts as an advance against future earnings. A payday loan is designed to help you out between paydays. Even though you are working, you may encounter an unexpected financial crisis that needs to be taken care of immediately, though it is still a matter of a few days or weeks until your next paycheck.

When you have to pay urgent expenses like rent or repairs on your vehicle, you may be stuck unless you can get hold of emergency funds in a hurry. If your expenses can’t wait until your next payday, a payday loan may bridge the gap. Payday loans are especially useful if you are unable to get credit.

Avoid overdrafts and late payment fees

The interest charges and fees involved in taking a payday loan have caused some negative comments. However, payday loan fees can amount to much less than the charges you might otherwise pay – for instance, for bouncing a check, overdrawing your bank account or charging over your limit on your credit card. Payday loans have a huge advantage as well: they protect your credit rating by enabling you to pay your bills on time.

Payday Loan Rules & Policies

Even though online payday loan websites have become the most common source of payday loans, you can still find payday loan stores in many parts of the US these days. To be eligible for a payday loan from most lenders, you will need to be 18 years of age or older, with a full time job and an active bank account.

Completing a payday loan application on the Internet is quick and simple. Once your payday loan has been secured, the money can be transferred into your bank account fast, usually within a matter of hours.

Different payday lenders have different policies as to the amount they will lend you and the length of the repayment period. Usually payday loans are between $100 and $1000, and must be repaid in 14 to 30 days.

Fees and interest rates

There are also a variety of different fees and interest rates at the various payday loan companies, usually depending on the amount and the time period of the loan. It is worthwhile to look around and compare terms and charges at a number of payday lenders, to make sure you are getting a good deal. Check out the credentials of the payday loan company itself, to make sure it is a reputable one.

Grace Chen
Grace Chen - Writer & Editor
A graduate of the Haas School of Business, University of California, which is one of the top three (3) business schools in the U.S., Grace Chen has 10 years of experience in this field and have been delivering stellar business content through her written word. She’s the chief editor of Communicate Better and has written and edited thousands of content published in various online and printed media, including the NYSE-sponsored research studies and MEC Global. Connect with Grace on LinkedIn, https://www.linkedin.com/in/grace-chen-9254ab8/

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