Legit Loan

SoFi  - Best Overall Personal Loan Positive things: No fees High loan amounts Unemployment protection Negative things: High credit score requirement No co-signers allowed Required documents: Proof of income Proof of citizenship or permanent residency Government-issued ID Interest rates: 5.99% to 20.69% Payback time: 2 to 7 years LightStream  - Best for Low-Interest Rates Positive things: No fees Low-interest rates Fast funding Negative things: High credit score requirement No prequalification option Required documents: Proof of income Proof of citizenship or permanent residency Government-issued ID Interest rates: 2.49% to 19.99% Payback time: 2 to 12 years LendingPoint  – Best for Fast Funding & Below-Average Credit Positive things: Fast funding Below-average credit accepted Co-signers allowed Negative things: High origination fee (up to 6%) High-interest rates for low credit scores (up to 35.99%) Required documents: Proof of income Proof of citizenship or permanent ...

Personal loans for bad credit are a type of loan that is designed for people who have a low credit score. These loans are typically unsecured, which means that you don’t need to put up any collateral to get the loan. However, because you have bad credit, you may have to pay a higher interest rate than someone with good credit.  The amount of money you can borrow with a personal loan for bad credit will depend on your credit score and other factors. You can use the money for any purpose, such as paying off debt, making home improvements, or covering unexpected expenses. When you apply for a personal loan for bad credit, the lender will review your credit history and other financial information to determine whether you’re eligible for the loan. If you’re approved, you’ll receive the money in a lump sum and will be required to make regular payments until the loan is paid off. Personal loan with bad credit Here are some steps you can take to get a personal loan with bad credit: Check y...