Need a personal loan? Have bad credit?

Personal Loans for Bad Credit

When you have bad credit, getting the loan you need for personal expenses can be a discouraging process.  You’re either not approved, or have to deal with questionable lenders that ask for money in advance.  If you have good credit or bad credit, getting a personal loan approved doesn’t have to be a scary or frustrating process. Loans Now is here to guide you through the process of getting unsecured loans for bad credit, or whatever your financial situation may be.

What are Loans for Bad Credit?

Your Credit Score reflects your record of paying off financial debt.  Miss payments on credit card, student loan, or medical bills and your score goes down.  Credit scores are an easy way for lenders to assess risk when underwriting loans.  They can instantly see your credit history, and use that to decide if they are willing to loan you money, and the rate of interest they will change when you pay it back.  Having a less than perfect score can affect your ability to get approved for a credit card, personal loan, or even an apartment.  

We know how hard it can be to get the money you need with a bad credit score, and we’re here to help.  No more frustrating rejections, or worse yet scams to trick you out of your hard-earned cash.  A personal loan for bad credit can be a way to get the cash you need to live life.

I’m looking for personal loans for bad credit. How can Loans Now help me?

Loans now is changing the model for bad credit loans, helping people identify the personal loan that’s right for them.  Through our Loan Discovery Program we team you up with a representative, if necessary you could have a one on one conversation about your credit score and the loan that’s right for you. The best thing about it? It’s completely free. 

With our process of identifying your situation we make sure you’re assisted during the whole process, some say with that you’re practically assured approval for a bad credit personal loan with no initial credit check required. If you have bad credit and are looking for a loan online, there’s no easier way to do it. The only thing we require is that you know your current (today’s) credit score, and we have resources dedicated to showing you how to find your credit score.  Because we ask you to know your credit score beforehand, we don’t run a hard credit check initially, so your score doesn’t take a hit.  

We don’t offer payday loans or title loans, so we’re experts at unsecured personal loans.  

We don’t give out your personal information to anyone- in fact, we don’t even gather unnecessary personal information, so you can rest assured that you’ll have the utmost privacy.  No more unwanted solicitations, annoying phone calls or junk emails, your information is safe with us.  

Bad Credit? No Problem!

At Loans Now we understand that life sometimes gets in the way, and we have identified that so you and others can obtain personal loans for people with bad credit right away. We also offer credit cards for bad credit, allowing you to responsibly start building up your credit score, so you can get better rates on a personal loan in the future.  

Understanding what factors go into a credit score is important as the credit score itself.  A credit score is 35% payment history- your record of missed and on-time payments collectively, 30% accounts owed- how much you currently owe across all of your accounts.  15% credit history- how long you’ve had your accounts, and the time since account activity. 10% types of credit used- the mix of account types you have, such as revolving, credit, or installment.  The final factor that makes up a credit score is new credit- or the new credit checks on your account and number of recently opened accounts.  Managing all these factors can be tough, but you have to start somewhere if you want to improve your credit score.

If you have time before you need a loan, maybe instead of getting a bad credit loan you want to improve your credit score.  The only way to truly improve your credit score is to become a responsible borrower, paying all bills and credit card debt on time each month.  If you have bad credit and debt, that can seem like an impossible task.  

How Do I Improve my Credit Score?

One of easiest ways to start improving your credit score is by opening an account with a credit card for bad credit such as the Freedom Gold Card.  Approval is almost guaranteed, giving you a $500 credit line, which is ideal for everyday purchases. If you make purchases with the card and pay it off immediately your credit score will slowly but surely start to rise.  It might seem like common sense, but never spend more on the credit card than you have in your bank account at the time, because credit card debt can spiral out of control and hurt your credit score even more.  

Get a Personal Loan for Bad Credit Today

Improving your credit score takes time and effort.  We know that sometimes you need a loan and you need it now.  Whether you’re facing an unexpected medical bill or unexpected expense, sometimes you just need money.  The first step to getting a safe, secure, and confidential bad credit loan is to go through Loans Now’s Personal Loan Discovery Process.  It’s the easiest way to get a personal loan with bad credit. For more information on personal loans for bad credit, and how the Loans now process works to connect you with the personal loan that’s right for you, head to our how it works page.  Interested in all things loans and credit? Check out the Loans Now Blog for content on payday loans, unsecured personal loans, and more!

Personal Loans Starting at 4.99%
  • Loan Discovery Process
  • Credit Scores Reviewed to 450
  • 2, 3, 5 & 7 Year Terms
  • Loan Amounts $500 - 70K

No Initial Credit Check!

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