Bad Credit Loans

Cash Loans No Credit Check

  • Applicants with poor credit requiring cash loans for all purposes. Must live in the United States and have some kind of income - employment or assistance, etc. Click here to use the OLF database.

Using Your Car Title

  • Applicants living in California, Nevada, Utah, Missouri, New Mexico, Illinois, and Arizona can use their car or truck for collateral. Click here to learn more.

Debt Relief

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$10,000 --> $150,000
Debt Relief

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BDLs are have been one of the most difficult challenges here at - trying to find lenders for borrowers who have extremely damaged credit ratings.

When an applicant has a bad credit rating (based on bad credit scores with Experian, TransUnion, and Equifax) lenders either won't lend to them - period - or they charge the borrower interest rates that are as high as legally possible in whatever state the lending is being approved.

What we actually look for at are lenders that treat bad credit applicants with decency, and don't gouge them. This means that they have a fair-minded APR scale that does increase the interest on the loan (for a borrower with a low FICO) but does so using a slow linear scale of increase. In English that means that the borrower pays less in interest on the principal.

Finding bad credit loans that are purely cash loans is difficult as well. The vast majority of conventional lending institutions will not even consider an applicant with a bad credit rating unless they have a co-borrower, co-signer, or some form of security - some form of collateral.

So this makes our challenge at even greater. We have to find lenders that will lend money to borrowers that suffer from severely bad credit scores, and these lenders must be willing to take on the high risk note(s) with a reasonable interest rate. You can imagine the challenge. Actually - if you are reading this, you likely are EXPERIENCING that exact challenge.

Furthermore, many borrowers are trying to avoid high-yield lending products (such as PDLs or cash advances) by borrowing money to be paid back over time with biweekly, or monthly payments. These would be installment payments.

For more information on bad credit loans feel free to bookmark for future reference.

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