Once you complete your application, will send your information to a range of lenders that offer bad credit personal loans. If a lender is interested in working with you, they will send you a loan offer with details about the loan terms, origination fee, and APR you would need to pay.
If CashUSA cannot connect you to a lender, the company may send you offers for debt relief or credit repair services instead. However, if you decide to accept an offer from a lender, you can receive your funds in your account within one business day. In most cases, your lender can then withdraw your fixed monthly payments from the same checking account, making it easy to repay your loan on time.
- Must be 18 years or older
- Must be a U.S. citizen
- Must have held your job for at least 90 days
- Must meet the minimum income requirements set by your lender
- Must have a checking account, email address, and work and home phone numbers
Overall, using to connect with a potential online lender is an easy, convenient way to acquire a loan with bad credit.
While personal loan websites make it easy to secure loans online, many of these sites do not allow you to borrow more than $10,000. If you need a large personal loan and have a low FICO credit score, we recommend checking out PersonalLoans.
PersonalLoans is a lending platform that can connect you with reputable lenders that accept applications from people with less than perfect credit scores. This platform is entirely free to use and can connect you with loan options in just a few minutes.
PersonalLoans facilitates loans ranging from $1,000 to $35,000, an impressive maximum loan amount. This company works with lenders charging APR between 5.99% and % and requiring repayment terms between three months and 72 months.
To apply for a personal loan through this platform, your first step is to fill out the short online form. This form will include information about your desired loan amount, financial history, income, and other relevant details.
Once you submit your application, PersonalLoans will attempt to match you with one or more third-party personal loan lenders willing to offer you loans. You can then review these loan offers and choose one that suits your needs.
After accepting your loan offer, you can expect to receive your loan proceeds in your checking account within one business day. You can use these loan funds for any purpose, including to consolidate debt or pay for a significant expense.
Eligibility
PersonalLoans has a few eligibility requirements you must meet before requesting to borrow money through the platform. To secure a personal loan, you must:
- Be 18 or older
- Receive regular income
- Have a valid checking account
- Demonstrate a pattern of responsibility through your credit history and credit report
Individual lenders may have additional requirements on top of these base-level criteria. Overall, PersonalLoans is one of the best platforms to find large loans for bad credit.
#4. Upgrade: Best for Low APRs and No Prepayment Penalties
Upgrade is a relatively new online lender that launched in 2017. Unlike most other platforms on our list, Upgrade does not simply facilitate loans with other online lenders. Instead, this platform is a personal loan lender.
Upgrade offers loan amounts ranging from $1,000 to $50,000. These loan amounts typically come with APR ranging from 5.94% to %, and your loan duration and 
origination fee will depend on your specific terms. Notably, Upgrade does not charge a prepayment penalty, allowing you to pay off your loan before the repayment period ends if desired.
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