Which loan company is easiest to get with bad credit?

Having bad credit can significantly limit your options when it comes to borrowing money. Many traditional lenders are hesitant to extend loans to individuals with poor credit scores due to the perceived risk of default. However, several loan companies specialize in serving borrowers with less-than-perfect credit histories. In this guide, we’ll explore some of the loan companies that are known for being more lenient with bad credit and discuss the types of loans they offer.

1. OneMain Financial:

OneMain Financial is a well-established lender offering car loans for bad credit.

They consider factors beyond credit scores, such as income, employment history, and debt-to-income ratio, when evaluating loan applications.

Personal loans from OneMain Financial can be used for various purposes, including debt consolidation, home improvement, and unexpected expenses.

2. Avant:

Avant specializes in providing personal loans to borrowers with bad credit. They offer quick funding decisions and may consider alternative credit data in addition to traditional credit scores.

Borrowers can apply online and receive loan offers tailored to their credit profile. Avant’s loans typically come with fixed interest rates and repayment terms ranging from 24 to 60 months.

3. LendingPoint:

LendingPoint offers personal loans to individuals with credit scores as low as 585. They focus on assessing applicants’ overall financial health rather than relying solely on credit scores.

The company considers factors such as employment history, income stability, and recent financial behavior when making lending decisions. Borrowers may receive funds as soon as the next business day after approval.

4. OppLoans:

OppLoans specializes in providing installment loans to borrowers with poor credit. They offer higher loan amounts compared to payday lenders and typically have more favorable terms.

While OppLoans considers credit history during the application process, they prioritize applicants’ ability to repay the loan based on income and employment status.

5. BadCreditLoans.com:

BadCreditLoans.com is a lending marketplace that connects borrowers with lenders willing to work with individuals with bad credit.

The platform offers access to various types of loans, including personal loans, payday loans, and installment loans. Borrowers can submit a single online application and receive multiple loan offers from different lenders.


While obtaining a loan with bad credit can be challenging, several lenders specialize in serving borrowers with less-than-perfect credit histories. It’s essential to compare loan offers, review terms and conditions carefully, and avoid predatory lenders offering high-interest loans or unfavorable terms. Additionally, borrowers should consider taking steps to improve their credit over time to qualify for more favorable loan options in the future. With diligence and research, borrowers can find a loan company that meets their needs and helps them achieve their financial goals despite their credit challenges.