There are many types of personal loans for bad credit and with Kallyss, you can borrow $100 to $35,000, repaid over 1 to 60 months, even if you have bad credit or very bad credit. The options for people who need a personal loan with bad credit are similar to the options for people with good credit. However, when it comes to bad credit personal loans, lenders will tailor their loans towards people with poor or bad credit history.
We understand that if you need a personal loan with bad credit, you may be struggling to find the right lender for your needs and circumstances. That is why we only work with a select number of lenders across the US. There are some bad credit personal loans available which are more common than others and if you have poor credit, bad credit or very bad credit, you may wish to utilize one or more of these loans:
Unsecured Loans – Getting an unsecured personal loan with bad credit can help you borrow smaller loan amounts, without having to secure the loan against any high value assets. For example, if you find yourself needing a $1000 loan, you may be able to get an unsecured personal loan, even if you have bad credit, which can help you get the money you need, when you need it.
Installment Loans for Bad Credit – If you have struggled in the past to make your loan repayments on time or you have not been able to afford the repayments, an installment loan could help. Installment loans are designed to be repaid over a longer period of time, which can help people with bad credit meet their scheduled repayments.
Payday Loans – If you have bad credit and need to borrow money, a payday loan for bad credit can help you get money fast, when you need it most. Payday loans can help you get the money you need before your next payday from your place of employment and if you have bad credit, payday lenders are often still willing to lend money fast and help you get the loan you need. These bad credit personal loans however, will only allow you to borrow smaller amounts though.
Bad Credit Loans – There are specific bad credit loans for people that need personal loans with bad credit. These will often be provided by a short term lender than is able to specifically tailor their loans for people with bad credit that need personal loans. Remember that bad credit personal loans will often lend you smaller amounts of money to reduce the chances of you not being able to repay your loan.