Personal loans for bad credit

Even with bad credit, you can still qualify for a personal loan. Checking loan offers takes just a few minutes and doesn't impact your credit.

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Top picks from our partners

As of December 2025, compare personal loans with APRs as low as 6.7%, loan amounts up to $50,000 and 1-day funding options available.

Best for non-traditional credit review

(640 reviews)

94%

would recommend

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Recommended FICO^® Score^Θ

Poor - Exceptional

Est. APR	6.70 - 35.99%
Term	36 - 60 mo
Loan amount	$1,000 - $50,000
Est. monthly payment	$31 - $1,806

Loan details

Loan amounts from $1,000 - $50,000
APRs from 6.7% - 35.99% with loan terms of 3 or 5 years
Won't affect your credit score
You can have funds in as fast as 1 day
You are more than your credit score. On Upstart your education and experience help you get the rate you deserve.

Lender disclosure

This offer is conditioned on final approval based on our consideration and verification of financial and non-financial information. Rate, loan amount, and loan terms are subject to change based upon information received in your full inquiry on our site. This offer may be accepted only by the person identified in this offer, who is old enough to legally enter into contract for the extension of credit, a US citizen or permanent resident, and a current resident of the US. Closing your loan is contingent on your meeting our eligibility requirements, our verification of your information, and your agreement to the terms and conditions on the Upstart.com website. Your loan amount will be determined based on your credit, income, and certain other information provided in your loan application. Not all applicants will qualify for the full amount. Minimum loan amounts vary by state: GA ($3,100), HI ($2,100), MA ($7,000). The full range of available rates varies by state. A representative example of payment terms for a Personal Loan is as follows: a borrower receives a loan of $10,000 for a term of 60 months, with an interest rate of 21.58% and a 9.84% origination fee of $984, for an APR of 26.82%. In this example, the borrower will receive $9016 and will make 60 monthly payments of $275. APR is calculated based on 5-year rates offered in December 2023. There is no downpayment and no prepayment penalty. Your APR will be determined based on your credit, income, and certain other information provided in your loan application. Not all applicants will be approved.

While most loans through Upstart are unsecured, certain lenders may place a lien on other accounts you hold with the same institution. There may be an option to secure your personal loan through Upstart with your vehicle, which will require a lien to be placed on the vehicle. It is important to review your promissory note for these details before accepting your loan.

Why we picked it^†

Upstart is an online lending platform that may place less importance on your credit score than other lenders. In addition to your credit, their unique approach considers your employment, education and banking history, which could make qualifying easier for some people.
You can get a small loan with a range from $1,000 to $50,000 and repay it over 36 to 60 months. Note that while this loan has no prepayment penalties, it has potentially high origination fees.

Pros and cons

Your credit score may be less of a factor in getting approved
Low minimum loan amount
Fast funding

Potentially high origination fees
Only two repayment terms available
No cosigners allowed

Best for peer-to-peer lending

(112 reviews)

97%

would recommend

See offers

Recommended FICO^® Score^Θ

Poor - Exceptional

Est. APR	8.99 - 35.99%
Term	36 - 60 mo
Loan amount	$2,000 - $50,000
Est. monthly payment	$64 - $1,806

Loan details

More than $25 billion loans funded
Join America's first personal loan marketplace with over 1 million members
Next Day Funding - In as Little as One Business Day**
Get fixed monthly payments with no prepayment penalties

Lender disclosure

Terms presented, including APR and monthly payment amount, are estimated and created based on information entered by you and through analysis of historical data on loans through Prosper. Your eligibility for a loan and actual terms depend on the information you provide in your application, and other variables including, but not limited to, your credit score, Prosper Rating, loan amount, loan term, employment and income details, credit usage and history. Eligibility for personal loans up to $50,000 depends on a number of factors, including (but not limited to) your financial history, credit score, monthly income, and monthly expenses. Eligibility for personal loans is not guaranteed, and requires sufficient investor commitments to fund. Your monthly payment amount may be different in the final month of your loan.

Personal loans through Prosper have an annual percentage rate ("APR") of 8.99% to 35.99%, terms between two and five years, and an origination fee from 1% to 9.99%. For example, a three-year $10,000 personal loan with an interest rate of 16.66% and a 8.99% origination fee results in a 23.53% APR. You would receive $9,101.00 and make 36 scheduled monthly payments of $354.84. A five-year $10,000 personal loan with an interest rate of 18.73% and a 8.99% origination fee results in a 23.26% APR. You would receive $9,101.00 and make 60 scheduled monthly payments of $257.92. The average APR for loans with a 3-year term funded between January 1, 2025, and June 30, 2025, was 23.53%.

Whether you are eligible for a specific APR or loan term will depend on a number of factors, including (but not limited to) your current credit rating and information you provide in your application. The lowest rates are for the most creditworthy applicants. Your actual rate may differ.

You may receive your funds one business day following your acceptance of the loan offer, completion of all necessary verification steps and final approval. One business day funding is also dependent on your bank's transaction processing speed.

All personal loans made by WebBank.

Why we picked it^†

Prosper is a peer-to-peer lending system that connects borrowers with investors and collects a fee for its service. A Prosper personal loan can be as small as $2,000 and as large as $50,000. Repayment terms range from 36 to 60 months and there’s no prepayment penalty. It can take one to three business days for your funds to become available after approval.
While there’s no application fee, you’ll need to account for an origination fee. Prosper loans also don’t have a grace period, so interest starts accruing right away.

Pros and cons

Completely online process
Can apply with a cosigner
Clear qualification requirements

Has an origination fee
High maximum interest rate
No grace period

Best for larger loans

(125 reviews)

85%

would recommend

See offers

Recommended FICO^® Score^Θ

Poor - Good

Est. APR	9.99 - 35.99%
Term	36 - 60 mo
Loan amount	$1,000 - $35,000
Est. monthly payment	$32 - $1,264

Loan details

Affordable loans from $1,000 to $35,000 with low fixed rates from 9.99% to 35.99% APR
Consolidate your debt, reduce your monthly payments or get cash back to use for just about anything
Simplify your financial picture with fixed rates, payments that stay the same, clear terms, and no prepayment penalties
Easy online account management with dedicated specialists standing by to answer your questions

Lender disclosure

Reprise Financial branded credit products are originated by WebBank in select states. To qualify for this offer you must apply and continue to meet the criteria used to select you for this offer. Your loan terms and loan approval depend on your credit history, proof of sufficient income to pay your bills (including this loan), banking history, and, for certain applicants, your ability to provide sufficient collateral. The loan offer amount is inclusive of the amount financed and any applicable fees. Loan fees (including origination fees) differ by state. Loans terms typically range from 36 to 60 months with Annual Percentage Rates (APRs) between 9.99 to 35.99%. The minimum loan amount in GA is $3,500. In all other states, the minimum loan amount is $2,500. Loan proceeds may not be used to finance gambling, illegal activity, commercial activity, or post-secondary educational expenses as defined by Regulation Z. If your loan is funded by 3pm CST (not including weekends or holidays) you will receive your funds the next business day. Interest on your loan will begin to accrue the first business day after your loan funds. Both unsecured and loans secured by your vehicle are provided. Not all applicants will qualify for unsecured loans. Loans secured by an automobile may not be available to borrowers covered by the Military Lending Act. If you apply for a loan, Reprise Financial will contact you on the phone number provided to discuss the application and your submission of an application affirms your consent to be contacted by Reprise Financial, including through an automated telephone dialing system.

Example Loan: A $9,000 personal loan with a 25% APR that is repayable in 48 monthly installments would have monthly payments of $298.73.

Why we picked it^†

Reprise Financial personal loans are a good choice for fair credit borrowers due to flexible approval criteria and fast funding. They offer both secured and unsecured loans and prequalification with a soft credit check. Loan amounts range from $1,000 to $35,000 with repayment terms ranging from 36 to 60 months.
Borrowers can qualify for next-day funding and can chat with live customer service representatives during the application process. However, these loans aren’t available in all states and Reprise doesn’t accept self-employed income as a primary source of income.

Pros and cons

Quick loan funding
No prepayment penalty
Offers prequalification

Has an origination fee
Doesn’t allow self-employed income as primary income source
Not available in all states

Best for in-person support

(982 reviews)

94%

would recommend

See offers

Recommended FICO^® Score^Θ

Poor - Exceptional

Est. APR	18.00 - 35.99%
Term	36 - 60 mo
Loan amount	$1,500 - $20,000
Est. monthly payment	$54 - $723

Loan details

BBB Accredited Business, Rated Excellent on Trustpilot (100,000+ 5-star reviews)
100+ years responsible lending
Affordable, simple fixed terms, no prepayment penalty
Complete our online application in minutes
Money as fast as 1 hour after loan closing (see details below)
We’re here online or in person at over 1,300 community branches nationwide

Lender disclosure

You must complete a loan application and continue to meet any criteria used to select you for a loan offer. Not all applicants are approved. Loan approval and actual loan terms depend on applicant’s state of residence and ability to meet OneMain Financial credit standards such as a responsible credit history, sufficient income after monthly expenses, and if applicable, availability of eligible collateral. Not all approved applicants qualify for larger loan amounts, lower APRs, or the most favorable loan terms. For example, larger loan amounts typically require a first lien on a motor vehicle that is no more than ten years old, meets our value requirements, and is titled in applicant’s name with valid insurance. APRs are generally higher on loans not secured by a vehicle. Example Loan: A $6,000 loan with a 24.99% APR that is repayable in 60 monthly installments would have monthly payments of $176.07. OneMain charges origination fees allowed by law. Depending on the state where the loan is opened, the origination fee may be either a flat amount or a percentage of the loan amount. Flat fees vary by state, ranging from $25 to $500. Percentage-based fees vary by state, ranging from 1% to 10% of the loan amount subject to certain state limits on the fee amount. For information about these fees and minimum and maximum loan sizes available in certain states, visit omf.com/loanfees. Current OneMain Customers: Loan offers presented to a consumer assume the individual has no active loan with OneMain or one of its affiliates. If a customer applies for a new loan offer, a OneMain representative will discuss available options. Active-duty military, their spouse or dependents covered by the Military Lending Act (MLA) may not pledge any vehicle as collateral. If you are covered by the MLA, you are not eligible for secured loans. Loan proceeds cannot be used for postsecondary educational expenses as defined by the CFPB’s Regulation Z such as college, university or vocational expense; for any business or commercial purpose; to purchase cryptocurrency assets, securities, derivatives or other speculative investments; or for gambling or illegal purposes. Time to Fund Loans: Funding within one hour after loan closing through SpeedFunds® must be disbursed to a bank-issued debit card. Disbursement by check or ACH may take up to 1-2 business days after closing.

Why we picked it^†

OneMain Financial allows borrowers to meet with loan specialists in person at more than 1,300 community branches across 44 states. This hands-on approach is ideal for borrowers who value human interaction throughout the loan process and want to discuss their financial needs, ask questions and get help choosing the right loan product.
OneMain Financial personal loans range from $1,500 to $20,000 with terms of 36 to 60 months. Borrowers can access funds as fast as 1 hour after loan closing. While there are fixed APRs, the interest rates can be higher than with other loans.

Pros and cons

Branch locations for in-person support
No prepayment penalty
Funding as soon as the same day

Has an origination fee
High interest rate range
Smaller loan amounts

^ΘCredit score calculated based on FICO^® Score 8 model. Your lender or insurer may use a different FICO^® Score than FICO^® Score 8, or another type of credit score altogether. Learn more.

Advertiser Disclosure: The offers that appear on this site are from third party companies that may compensate Experian Consumer Services when consumers engage with them, for example, by clicking an offer link, when an application is approved, or when an account is opened. This compensation may impact how, where, and in what order the products appear on this site. The offers on the site do not represent all available financial services, companies, or products.

Credit scores are used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any offer.

^†Offer pros and cons are determined by our editorial team, based on independent research. The banks, lenders, and credit card companies are not responsible for any content posted on this site and do not endorse or guarantee any reviews.

*For complete information, see the offer terms and conditions on the issuer or partner’s website. Once you click apply you will be directed to the issuer or partner’s website where you may review the terms and conditions of the offer before applying. We show a summary, not the full legal terms – and before applying you should understand the full terms of the offer as stated by the issuer or partner itself. While Experian Consumer Services uses reasonable efforts to present the most accurate information, all offer information is presented without warranty.

You could save up to $5,613* with a low, fixed-rate personal loan, even with bad credit

	High-interest credit card	Personal loan with bad credit
Balance	$11,700	$11,700
Monthly payment	$401 for 60 months	$306 for 60 months
Average interest rate	32.99%	19.34%
Total paid with interest	$23,955	$18,342
*Estimated interest savings: $5,613

Experian can help find the right bad credit personal loan for you

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Get matched to lenders that offer no application fees and no prepayment penalties. Look for these labels on your matched loan offers.

Loans for all credit types

Even consumers with low credit scores or no credit history have personal loan options available.

Get cash fast at competitive rates

Compare rates across multiple lenders and get your loan fast—with 1-day funding available.

Get prequalified

Find out how much you can borrow before you apply. Getting prequalified gives you personalized loan estimates and helps you compare options.

Loans from $1,000 to $50,000

From getting a small loan to funding a big project that fits your budget and needs, Experian has you covered.

Why trust Experian for personal loans with bad credit?

Shop trusted lenders all in one place

Experian vets and works with reputable lenders to provide you with your best options.

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Experian offers loan options tailored to your credit profile that can improve your chances for approval.

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How to get pre-qualified

Answer a few qualifying questions and get matched to your loans offers.^⍉

Determine how much you’ll need, then look for a loan that fits your budget.

Monitor your FICO^® Score progress as you make payments on your personal loan.

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Frequently asked questions

If you have bad credit, such as a FICO^® Score below 580, or a lack of credit history, it can be hard to get approved for loans. However, personal loans typically have lower rates than credit cards, which could save you money. We help you compare loans for bad credit to find the best offers that you may qualify for.

Yes, you can prequalify for a personal loan even with bad credit. Simply answer a few questions and we will match you to your loan offers. You won't have to worry about your credit scores taking a hit during prequalification, as there will be no hard inquiriesinvolved until you apply for the loan.

As you decide whether or not a personal loan fits your situation, it’s important to understand both the pros and cons of this type of loan before moving forward.

Pros:

Gain access to quick funding for emergencies or other important expenses.
Build or improve your credit with on-time payments.
Unlike credit cards, your loan will have a fixed repayment plan which can make it easier to budget each month.

Cons:

With bad credit, interest rates can be higher.
Lenders may charge additional fees, such as: origination, application or prepayment fees.
Unless you plan to consolidate existing debt, you will be adding new debt to your budget. It is very important to ensure that you can afford to take on this additional debt.

These loans can serve many purposes, so ensure that your intended use justifies the additional debt. Responsible uses for a personal loan with bad credit include:

Consolidate debt: Using a personal loan to consolidate debt could help you save money on interest and help you pay off high-interest debt sooner compared to other borrowing options.
Emergency expenses: If you have unexpected expenses and don’t have enough money saved up in your emergency fund, a personal loan can help you avoid using other options that can be more expensive.
Home repairs: These can happen unexpectedly and can be costly. If you don’t have enough savings, a personal loan for emergency home repairs may be a good option as you can get funding fast.

Depending on what part of the day your loan is approved, you could receive your funds in as little as one hour after signing the loan documents if you are using your debit card to receive the funds. Other methods, such as ACH transfer, can be used but will take approximately one business day to fund the loan.

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Personal loans for bad credit

Top picks from our partners

Best for non-traditional credit review

Best for peer-to-peer lending

Best for larger loans

Best for in-person support

You could save up to $5,613* with a low, fixed-rate personal loan, even with bad credit

Experian can help find the right bad credit personal loan for you

It’s free

Save on fees

Loans for all credit types

Get cash fast at competitive rates

Get prequalified

Loans from $1,000 to $50,000

Why trust Experian for personal loans with bad credit?

Shop trusted lenders all in one place

Our model

Security

How to get pre-qualified

1Check rates with no impact to your FICO® ScoreΘ

2Choose the one for you

3Keep informed

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Frequently asked questions

What is a bad credit personal loan?

Can I get prequalifed for a personal loan with bad credit?

Pros and cons of personal loans with bad credit

Pros:

Cons:

What can I use a personal loan with bad credit for?

How fast can I get a personal loan?

Personal loans for: