#2. BadCreditLoans: Best for Quick Loans with Bad Credit

#2. BadCreditLoans: Best for Quick Loans with Bad Credit

You can accept a lender’s loan offer and tailor it to your needs. However, before signing anything, make sure you understand all of the loan terms and conditions. You might be surprised by the lender’s interest rate and other fees. But do not worry, these are all standard.

The annual percentage rate (APR) is known to vary from 5.99% to %. Because they function as a mediator, MoneyMutual takes a step back once you meet their requirements and are linked with a lender, leaving you to negotiate with the lender.

The loan term and conditions, as well as the interest rates, are set by the lenders. Interest rates differ depending on the lender, but payday loan interest rates can be pretty high, ranging from 200% to 1300%.

Pros

  • No fees for applying
  • Easy to use website
  • Same day loan approval
  • Large number of lenders available
  • Various loans offered
  • Joint application accepted

Cons

  • Must make at least $800 a month to be eligible
  • Not available in NY or CT

Customer Experience

MoneyMutual receives largely positive comments from its clients, with five-star reviews. Customers liked how quickly they got a loan approved, and they were pleased with the results.

Everything about this website is easy, straightforward, quick, and safe. Clients can receive money in their bank account in 24 hours after their application is approved, and it simply takes a few minutes to fill it out. The customers were also very satisfied with the customer care staff, as they are incredibly helpful and ready to answer any questions.

BadCreditLoans has been around since 1998 and has since helped over 750,000 people. Continue reading “#2. BadCreditLoans: Best for Quick Loans with Bad Credit”