Although there are many different loans for bad credit, the most popular type is an unsecured personal loan. This type of bad credit loan is a good option for individuals with low credit scores of 669 or less who need quick funding of up to $50,000 that can be repaid within two to seven years.
When considering a loan for bad credit, some of the most important factors are the amount you can borrow, how quickly the funds will be repaid, how much you’ll pay in interest, and how soon you can get funding. Not only do the best providers of bad credit loans offer transparent pricing and terms, but they can also get you funded in as soon as one to two business days.