The first thing to note is that Bad Credit Loans is not an institution that lends money, but an online link website that connects lenders and borrowers. The site is designed for people who require fast loans, even if they may not have the best score. The service is totally free, and all you need to do is complete an application on their website and you’ll get connected to lenders that are part of their platform. The proprietary technology used by Bad Credit Loans will search the internet using web crawlers to locate lenders in the network who are looking for borrowers to lend cash to.

If you’re unable to locate a lender that can fulfill your needs, then Bad Credit Loans can provide you with ads for lenders that are not part of the network that might offer you the loan you need or provide other loan-related services. The information will be provided is only to help you find the most suitable lender.

Note that you do not hold any obligation to use any of the loan options which are available in the event that they don’t meet your requirements. You are accountable for reading the terms of the loan offered by the lender in detail prior to taking any credit. This is why it is important to examine the conditions of the loan and other loans prior to making a decision on any see this website.

How does BadCredit Loans work

Apply online with an application Form.

It’s the first thing to do is filling the request form which is accessible through the site. This form will help you review your application and give you the loans you are qualified to. It takes less than an hour. Be sure to include accurate information that can be verified.

Eligibility Requirements

Certain eligibility criteria lenders must meet prior to being able to allow the loan. The best aspect is that for an emergency loan with poor credit your credit score doesn’t need to be perfect. If you have a poor rating on your credit, then you could still qualify for loans in the event that you satisfy the requirements of the lender for the loan you’ve chosen.

General Personal/Documentary Requirements

• The user must have at minimum of 18 years old
• Have a regular source of income (Self-employed/Full-Time Employment/Social Security Benefits/Disability Benefits)
• Documentation to prove the validity of citizenship (SSN or Residence Legal)
• You will require an account for your personal checking account
• Valid email address
• Numbers for working phones

After you have completed and submitted your online application, you’ll be connected to a loan provider in the BadCreditLoans Network to assist you. After you are connected to the loan provider the information you provide will be evaluated and your application reviewed. If the lender is in agreement with your application, then you will receive an invite sent to you along with the following information:

• The amount of the loan to be issued
• Repayment schedule
• The interest charged on the loan

There is no requirement to agree with the lending contract even it isn’t acceptable for you. Should they be so, you must sign the agreement to these terms using electronically signed signing. After signing the contract, the creditor will then transfer funds to the checking account you signed on the following business day.

Repayment Plan

There isn’t a predetermined repayment plan you must adhere to, as each lender follows the same repayment plan. The plan is based on the period of time reached by both parties.