Loans guaranteed for bad credit- getting the financing you need with a poor credit score.

Bad credit can make it hard to get loans guaranteed and other financing, but don’t give up hope! There are companies out there that specialize in helping people with bad credit find the financing they need to start their lives off right.

Here’s how to go about finding and applying for these loans guaranteed for bad credit.

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What is a bad credit loan?

Credit scores and credit histories are used by lenders to determine how risky it is for them to lend you money when you apply for a loan. In order for your credit score to fall between 300 and 579, you must have a strong credit history, make several late payments, and have a maxed-out credit card.
Getting a loans guaranteed with bad credit can be difficult.

You’ll need to turn to lenders who offer bad credit loans. It is important to note that these loans can either be secured (backed by collateral like a home or car) or unsecured, and often have higher interest rates than other personal loans.

The higher rates and potentially unfavorable terms of a bad credit loan could leave you in more debt down the road, so make sure you absolutely need one before you sign on the dotted line.

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How to get a loan with bad credit

If you decide that a bad credit loan is your best financing option, the approval process will depend on the lender. But there are things that you can do that might increase your chances of getting approved as you compare bad credit loan lenders.

To begin, calculate the amount you will need. Once you know the number, use the following lenders to get the best rates for your situation. Many lenders offer tools to assess your likelihood of being approved as well as how competitive your offer is, so use as many lenders as possible to get the most competitive deal.

OneMain Financial Loan

OneMain Financial provides both unsecured loans guaranteed and secured loans. Unsecured loans require a mortgage for collateral. Secured loans provide for collateral, such as a motor vehicle. The maximum loan amount is $20,000.

These rates could range from as low as 18.00% to as high as 35.99% with terms of up to 60 months.
Some lenders only offer unsecured loans, but with the lowest rates. Borrowers with an already shoddy credit history may have better luck with a secured loan with OneMain Financial.

Upstart Loans

APRs for Upstart loans vary by state and range from 5.60 percent to 35.99 percent. Upstart’s reputation for fast and fair unsecured personal loans is well earned. Our loans range from $1,000 to $50,000, and our repayment terms range from three to five years.

Upstart is the best loan option for borrowers with limited credit history: While most loans are based primarily on credit scores and years of credit, Upstart’s applications also consider an applicant’s education, work history, and area of study.

Avant Loans

APRs for Avant unsecure loans range from 9.95 percent to 35.95 percent and range between $2,000 and $35,000, depending on the amount borrowed.

In addition, Avant offers repayment terms ranging from 12 to 60 months, and there is no prepayment penalty, so borrowers can save on interest by paying their loans off early.


Known for offering unsecured loans for people with low credit scores, LendingPoint operates in 48 states as well as Washington, D.C. Loan amounts range from $2,000 to $36,500, and interest rates begin at 7.99 percent and increase to 35.99 percent.

Depending on the loan amount, LendingPoint offers repayment terms between 24 and 60 months.
Bad credit borrowers can borrow as little as $2,000 from LendingPoint, unlike some lenders with hefty credit requirements.


In addition to debt consolidation, Upgrade offers refinancing options for credit cards and home improvements. Upgrade offers APRs starting at 7.46 percent and going up to 35.97 percent.

Loan amounts range from $1,000 to $50,000, with terms ranging from 24 to 84 months.
When you go through the verification process with Upgrade, you will receive loan funds within one business day. You can get your loans guaranteed if the requirements are met.


The LendingClub site allows you to make your loans guaranteed through your application even more likely by including a co-borrower. Not every lender offers this option, and it is one of the easiest ways to qualify for a loan you otherwise wouldn’t be able to get.

Its website has a robust application process as well as a vast loans resource center, which makes LendingClub the best for an online experience.


A poor credit score can take some of life’s greatest experiences and put them out of reach college, buying a home, or even just purchasing groceries.

Fortunately, there are lenders who understand that your financial history does not represent your future behavior and will help you get back on track to achieving all of your goals.