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Bad Credit Loans Review

bad credit loans
1.4 rating

Foundation Year

Office Address

2661 N Pearl St #431 Tacoma, WA 98407

Phone number



  • Ease of use
  • Apply once
  • Bad credit dedicated
  • Rich selection of lenders
  • Borrow up to $5,000 with poor credit
  • No cost to use the platform
  • Service available 24/7
  • Available throughout the US
  • No minimum income requirement
  • Repayment terms range from 3 to 36 months
  • Educational resources


  • Not a direct lender
  • Only offers small loan amounts
  • Poor rating from the BBB
  • High interest rates
  • Unwanted phone calls from lenders


Bad Credit Loans is an online loan source for borrowers who have a bad credit history. The company provides personal loans, business loans, car loans, student loans, debt consolidation loans, and mortgages. Such loans could be used to deal with debt consolidation, paying taxes, medical expenses, car repairs, or even an emergency expense. Loan amounts are usually small and do not exceed $5,000. Loan terms are relatively short too and do not exceed 3 years.

The company was founded in 1998 ad works by connecting consumers with bad credit to the money they need urgently.

What loans does BadCreditLoans offer?

The company offers a wide range of personal loans, and you can use them for any purpose. Some of their loans include:

You can only borrow up to $5,000, so keep this in mind when applying for a loan.

What states does BadCreditLoans service?

The service is available throughout the U.S.: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.

What terms and rates does this company offer?

This company is not a direct lender and it cannot quote precise loan rates and terms. Interest They are set by a lender you have been matched with.
However, according to user reviews, interest rates from participating lenders range from 5.99% to 35.99% APR.

Lenders in the BadCreditLoans network also charge higher origination fees that can reach 8% of the loan amount. For example, if you take a $1,000 loan, you’d pay an $80 origination fee. This amount would come out of your total loan amount, meaning you will only get $920.

The referral service is free to use, and we found no indication on the website that participating lenders charge an application fee.

How to apply for a loan?

Then you will see loan offers you qualify for. Choose a product with the lowest rates and affordable repayment terms. Click on a loan offer to be referred to the individual lender to finalize your application.

Once approved, you can expect to get funds deposited in your account as soon as the next business day.

How do I qualify for a loan?

To get approved for a loan through, you will need to comply with the following eligibility criteria:

  1. Be 18 years or older;
  2. Be a US citizen or legal resident;
  3. Have a regular income (employment, disability, or Social Security benefits);
  4. Have a valid checking account;
  5. Have work and home phone numbers;
  6. Have a valid email address.

Can I take a loan if my credit score is low?

Yes. As the website’s name suggests, all the lenders in the BadCreditLoans network are ready to fund consumers who have bad credit. While this makes it easier to get approved for a loan, it also means the loan terms are more limited and interest is higher than usual.

How to pay a loan back?

BadCreditLoans is not a direct lender and cannot quote your loan repayment terms and options, however, they mention that repayment terms typically range from 3 to 72 months.

If you accept an offer from a lender you’ve been matched with, you will get your individual repayment schedule and you will see how you will need to repay your loan over time. Most lenders in the network are able to withdraw funds automatically on the due date.

Can I pay a loan back earlier?

Typically, yes. Ask your lender about this option in advance. A lender should never charge you a fee for repaying your loan early (prepayment penalty).

Does BadCreditLoans have a mobile app?

No. the company does not have a mobile app, which may cause some inconvenience to active smartphone users.

Conclusion is a free online service that matches bad credit borrowers with a network of reliable lenders in order to fund personal loans for emergencies. Such loans are good alternatives to more expensive options like car title loans, which typically come with sky-high interest rates. On the other hand, because consumers with bad credit scores can expect to pay higher interest rates, we still recommend that you do some research and compare all your options before accepting a loan for bad credit. If it’s your only way out, make sure you can really make payments on time, as late payment will cause further damage to your credit score.


1.0 rating

Applied for a loan and got a MASSIVE amount of phone calls and spam emails! Stay away from them!!

Bud Lewis
1.0 rating

I filled out an online application for a $600 loan. The website promised I would receive a response within a matter of minutes. I waited for about 1,5 hours and called them. No response. I called the number about 20 times within 3 hours and I was unable to reach a real person!!! Stay away from this company! I think they make a profit by stealing your personal information and sharing it with outside sources!!!

Jason Delp
2.0 rating

So I needed $1000. Their website said that they would refer me to a wide range of reliable lenders. After submitting some relevant personal info, the page showed one result. And the offer was not attractive at all. That doesn’t make sense! I did NOT accept the offer.

Cortez Hulbert
1.0 rating

If you want to contact them, calling is not effective!! I have spent over 2 hours on hold with NO RESPONSE. This was a total waste of time!

Judy Peck
2.0 rating

When you apply for a loan with, your sensitive information including banking is spread among many third-party sources and I’m not sure if they are secure or not. I am sooooo worried about potential identity theft… I recommend using a direct lender…

Sandra Hall

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