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No-credit-check loans do not require a review of your credit score, which can make them convenient if you have bad credit. But they can be risky and often have extremely high interest rates and ...
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People with bad credit may be able to qualify for certain types of bad credit loans.
Key takeaways. Bad credit lenders may approve borrowers with credit scores in the upper 500s or lower. Loans for bad credit usually come with high annual percentage rates (APRs) and high costs.
If possible, avoid payday loans, auto title loans or no-credit-check installment loans. Payday loans All you need is proof of a regular paycheck to qualify for a payday loan of up to $500.
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