Overview

Whether you’re looking to renovate your home, pay for your dream wedding, or just need some fast cash, Lending for Bad Credit personal loans marketplace provides an easy online platform to secure funding quickly. Not a direct lender, Lending for Bad Credit serves as an online marketplace, connecting borrowers with a large network of financial institutions and banks.

The convenient application only takes minutes to complete, and you can handle the entire process online in a few simple steps. Once you provide the initial information, such as your credit score, income, and desired loan amount, Lending for Bad Credit will respond with a list of offers from their network of lenders. Shop around and compare loans to find terms that best suit your financial needs. Once approved, you could receive funding as quickly as one business day.

Requirements

Like the name suggests, Lending for Bad Credit offers flexible loan requirements, and even those with less than desirable credit scores could still qualify. Lending for Bad Credit connects borrowers with their network of lenders, each with varying requirements. Typically, lenders look at financial factors such as credit history and income.

In order to apply, you must be at least 18 years of age. In addition, Lending for Bad Credit does not offer their services to residents of Connecticut, New Hampshire, Washington, or Vermont nor do they provide loans to active members of the military.

Although loan requirements vary, you have a better chance of approval by meeting the following requirements:

• Monthly income equal to or exceeding $1000
• Current, valid home and work phone numbers
• Current employment for at least 4 weeks
• Current bank account in your name

Loan Process

With Lending for Bad Credit, you can shop around for loan offers free-of-charge from one place. The entire application process takes place entirely online. Once you receive your loan offers, you can accept the most attractive terms, such as the loan amount, the APR for the loan, repayment schedules, and so on. Then, Lending for Bad Credit will direct you to the lender’s website to complete the application process.

Lending for Bad Credit provides personal loans for as little as $100 up to $40,000 in three simple steps:

Step 1: Apply

Your first step to securing your personal loan starts with filling in the online form. The initial application takes two minutes or less to complete. To speed up the process, you’ll want to know certain information in advance such as your credit score, desired loan amount, and purpose for the loan.

Step 2: Review and Accept Your Loan Offer

If qualified, Lending for Bad Credit will respond to your application with a loan offer. Keep in mind that lenders that offer personal loans and cash advances typically perform credit checks before processing the loan, which may impact your score.

At this point, you’ll want to review the terms and conditions before moving forward with accepting the loan. Then Lending for Bad Credit will direct you to the lender to finalize the process.

Step 3: Receive Your Funding

Once you accept your offer, you can expect to receive funding as quickly as the following business day. That said, the time it takes to process your loan and transfer funds into your account varies with each lender.

Loan Terms

Customers love the flexible loan terms when using this online lending platform. With a Lending for Bad Credit personal loan, you can use your loan for almost any personal expense, including moving costs, auto expenses, debt consolidation, home improvement, medical bills, travel, paying for a wedding, and more.

Because Lending for Bad Credit works with a variety of lenders, loan terms will vary by lender. The cost of the loan and Annual Percentage Rate (APR) will depend on a variety of factors including credit history, stable source of income, and state law. Your requested loan amount and repayment terms may also affect your APR.

Customer Support

If you have any questions or need assistance, you can reach customer support by filling in the online contact form available on the Lending for Bad Credit website. You can also reach out at 6709 W. 119th Street #338, Overland Park, Kansas 66209 or by phone at (833) 321-7764.

On the downside, Lending for Bad Credit has limited resources available to borrowers. Competitor lending marketplaces often offer online resources to help improve your financial literacy. Overall, Lending for Bad Credit lacks these types of educational tools valuable to getting the best out of your loan offer. That said, you’ll find the website and application straightforward and can always speak to your lender directly with questions about your loan.