The 13 Best Bad Credit Loans of 2022


If you have a bad credit score, you might believe you’re out of options when money is tight — but that doesn’t have to be the case.

You’re not relegated to predatory payday loans and high-interest credit cards. Lots of lenders have options that let you borrow money through personal loans at relatively low cost — some of them even cater specifically to borrowers with low or no credit scores.

In this guide, we share some of the best bad credit loans available for all types of financial situations. Compare your options to see potential interest rates, loan amounts, credit scores and repayment terms — and keep an eye out for lenders with alternative assessment criteria that could help you get approved.

13 Best Bad Credit Loans at a Glance

Company APR with Autopay Loan Amounts Min. Credit Score

SeedFi

7.42% – 29.99%

$300 – $4,000

520

Happy Money

5.99% – 24.99%

$5,000 – $40,000

600

Stilt

7.99% – 25%

$1,000 – $35,000

None

Universal Credit

8.93% – 35.93%

$1,000 – $50,000

560

Best Egg

5.99% – 35.99%

$2,000 – $50,000

640

LendingClub

7.04% – 35.89%

$1,000 – $40,000

600

Prosper

7.95% – 35.99%

$2,000 – $40,000

600

OneMain Financial

18% – 35.99%

$1,500 – $20,000

None

Avant

9.95% – 35.99%

$2,000 – $35,000

580

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