Top 6 Online Personal Loan Lenders of 2022

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* We may earn a referral fee for partners featured in this article. This is not a financial advice article. Please contact your financial advisor if needing financial assistance.

(Ad) When you need a personal loan, your credit score will often determine the terms and interest rate of your loan. However, if you have a bad credit score or little credit history, you may find it difficult to get approved for a loan at all.

Fortunately, there are online lenders that specialize in loans for bad credit borrowers. The best bad credit loans offer reasonable interest rates, flexible payment terms, fast funding, and an easy online application process that can be completed in just minutes.

To help you find the best bad credit lenders, we’ve reviewed the top personal loan companies. We evaluated each online lender on a variety of factors such as reputation, interest rates, fees, speed of funding, credit score requirements, and application process.

Here are our top picks for the best bad credit loans of 2022.

The 6 Best Loans for Bad Credit in 2022

Honorable Mentions: Avant, LendingClub, Cash USA, Money Mutual.

#1. BadCreditLoans: Best Bad Credit Loans Overall

badcreditloans.com

BadCreditLoans is a reputable personal loan service accessible for people with poor credit scores.

This company does not lend money itself. Instead, it works with a selection of lending partners who offer generous eligibility requirements and loan terms.

Loan amount: BadCreditLoans works with lenders offering loans between $500 and $10,000.

Term length: Each lender specifies its own term lengths within BadCreditLoans’ network. Your specific term will depend on the amount of money you are borrowing and your creditworthiness.

Minimum credit score: BadCreditLoans doesn’t specify a minimum credit score requirement within its lending network, but as its name suggests, it works with consumers with low credit scores.

Eligibility requirements: To qualify for a loan from BadCreditLoans, you must meet the following minimum…

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