Bad credit loans

You need cash, and you need it quickly. You have a good reason for the money, but you have had your share of credit problems over the years. Do not worry: you can still submit a request. There are loans for bad credit available to many people in a similar situation.

Who may find bad credit loans useful

For people who do not have the spotless repayment record that a traditional bank loan requires, these loans can be the right fit. They may suit:

• People with a spotty credit history, such as late payments or past-due bills
• People with little or no credit history who want to build one
• People who have been turned down by a traditional bank

What makes these loans different

Banks and credit unions often screen out anyone without near-perfect credit, and those who do get an offer may face higher rates and lower amounts. Some lenders that work with borrowers with bad credit look at more than your credit score, such as your income and your bank account. Rates for borrowers with bad credit are usually higher, so compare the APR carefully.

What lenders typically ask for

Requirements vary by lender, but you will usually need to:

• Be at least 18 years old and a U.S. resident
• Have a regular source of income
• Have an active checking account
• Have a working phone number and email address

Possibilities for a brighter future

A loan can help you:

• Get the money you need quickly, with little hassle
• Build or rebuild your credit history when you make every payment on time
• Pay off higher-interest debt or handle an urgent expense

There are no particular limits on how you use the money: a car, essential home repairs, travel or paying off high-interest credit cards. Do not let your past credit history hold you back.

We help you find a lender

When you need to find a lender that works with bad credit, it is easy to get lost among sites that all claim to be the best. Modern Lending Solutions simplifies the process: one short form, and we work to connect you with participating lenders. Our service is free, and you are never obliged to accept an offer.