Loans for Bad Credit & Near-Prime Borrowers

Approval options for credit scores below 620, freelancers, and income-based underwriting.

18 Lenders Available

Guide & Insights

Explore loan options designed for fair or poor credit scores. Build your credit history while accessing necessary emergency funding.

Fair Credit FriendlyCross River Bank
Min Credit: 580+

Upgrade Personal Loans

High acceptance rates for borrowers with fair credit, freelancers, and self-employed individuals.

APR Range8.49% ~ 35.99%
Max Loan Amount$50,000
Origination Fee1.85% - 9.99%
Funding Speed1 Business Day
Pros:
  • Accepts credit scores down to 580
  • Easy verification for freelancers
  • Fast 1-day funding
Cons:
  • Origination fee applies (1.85%-9.99%)
Check Rates & Apply Online →
AI UnderwritingUpstart Network
Min Credit: 300+

Upstart AI Personal Loan

AI model evaluates education, job history, and household income beyond credit score alone.

APR Range6.5% ~ 35.99%
Max Loan Amount$50,000
Origination Fee0.00% - 12.00%
Funding Speed1 Business Day
Pros:
  • No minimum credit score requirement
  • Great approval rates for students/homemakers
  • Fast funding
Cons:
  • Origination fees vary by credit tier
Check Rates & Apply Online →
Joint ApplicationLendingClub Bank
Min Credit: 600+

LendingClub Personal Loan

Boost approval chances for homemakers or freelancers by applying with a co-applicant or spouse.

APR Range8.98% ~ 35.99%
Max Loan Amount$40,000
Origination Fee3.00% - 8.00%
Funding Speed2 Business Days
Pros:
  • Supports joint applicants (including spouses)
  • Streamlined debt consolidation
  • Accepts 600+ score
Cons:
  • Origination fee applies
Check Rates & Apply Online →
Fast Online ApprovalMarlette Bank
Min Credit: 600+

Best Egg Personal Loans

Fast online application with rate-reduction options through secured homeowner loans.

APR Range8.99% ~ 35.99%
Max Loan Amount$50,000
Origination Fee0.99% - 8.99%
Funding Speed1 Business Day
Pros:
  • Rapid online approval process
  • Excellent for self-employed applicants
  • Soft check available
Cons:
  • Origination fee required
Check Rates & Apply Online →
Fair Credit OptionWebBank
Min Credit: 580+

Avant Personal Loan

Accessible personal loan option for freelancers and borrowers with fair credit histories.

APR Range9.95% ~ 35.99%
Max Loan Amount$35,000
Origination FeeUp to 4.75%
Funding SpeedNext Business Day
Pros:
  • Accepts 580+ credit score
  • Next-day funding available
  • Easy mobile management
Cons:
  • Administrative fee applies
Check Rates & Apply Online →
P2P NetworkProsper Marketplace
Min Credit: 600+

Prosper Peer-to-Peer Loan

Pioneer peer-to-peer lending platform connecting borrowers directly with investors.

APR Range8.99% ~ 35.99%
Max Loan Amount$50,000
Origination Fee1.00% - 7.99%
Funding Speed1-3 Business Days
Pros:
  • Joint application allowed
  • Fixed interest rates
  • Flexible 2-5 year terms
Cons:
  • Origination fee charged
Check Rates & Apply Online →
Bad Credit ApprovalUpgrade Partner
Min Credit: 560+

Universal Credit Personal Loan

Designed specifically for freelancers, homemakers, and borrowers with low credit scores.

APR Range11.99% ~ 35.99%
Max Loan Amount$50,000
Origination Fee4.25% - 9.99%
Funding Speed1 Business Day
Pros:
  • Approves 560+ credit score
  • Free credit monitoring tools
  • Relaxed income proof
Cons:
  • Higher APR range
Check Rates & Apply Online →
Near-Prime SpecialistLendingPoint LLC
Min Credit: 600+

LendingPoint Personal Loan

Customized financing options tailored for near-prime borrowers and independent contractors.

APR Range9.99% ~ 35.99%
Max Loan Amount$36,500
Origination Fee0.00% - 10.00%
Funding SpeedNext Business Day
Pros:
  • Next-day funding
  • Accepts 600+ score
  • Simple documentation
Cons:
  • Origination fee varies
Check Rates & Apply Online →
Bad Credit & HomemakerOneMain Financial
Min Credit: No Minimum

OneMain Financial Personal Loan

Accessible secured/unsecured loans using household income or vehicle collateral.

APR Range18% ~ 35.99%
Max Loan Amount$20,000
Origination Fee1.00% - 10.00%
Funding SpeedSame Day to 1 Day
Pros:
  • No minimum credit score
  • High approval for homemakers
  • In-person branch support
Cons:
  • High minimum APR (18.00%)
Check Rates & Apply Online →
Credit Builder OptionOportun Bank
Min Credit: No Minimum

Oportun Personal Loan

Credit-building personal loan designed for immigrants, homemakers, and limited credit profiles.

APR Range19% ~ 35.9%
Max Loan Amount$10,000
Origination FeeVaries by state
Funding SpeedSame Day
Pros:
  • No credit history required
  • Helps build US credit score
  • Fast disbursement
Cons:
  • Small max loan limit ($10,000)
Check Rates & Apply Online →
Visa & Freelancer FriendlyStilt Inc.
Min Credit: No Minimum

Stilt Visa & Immigrant Loan

Designed specifically for H-1B, OPT, L-1 visa holders, and residents without an SSN.

APR Range7.99% ~ 35.99%
Max Loan Amount$35,000
Origination Fee0.00% - 5.00%
Funding Speed1-2 Business Days
Pros:
  • Apply without an SSN
  • Visa holders preferred
  • No cosigner required
Cons:
  • Max limit capped at $35,000
Check Rates & Apply Online →
International StudentMPower Financing
Min Credit: No Minimum

MPower International Student Loan

No US credit score or US cosigner required for F-1, OPT, and H-1B visa holders.

APR Range9.99% ~ 15.99%
Max Loan Amount$100,000
Origination Fee5.00%
Funding Speed3-5 Business Days
Pros:
  • No US cosigner or credit score needed
  • Supports visa holders
  • Career support included
Cons:
  • 5% Origination fee
Check Rates & Apply Online →
Non-Cosigned OptionAscent Funding
Min Credit: No Minimum

Ascent Non-Cosigned Student Loan

Outcomes-based student loans evaluated on GPA for juniors, seniors, and international students without cosigners.

APR Range8.99% ~ 16.5%
Max Loan Amount$50,000
Origination Fee$0 (No Fee)
Funding Speed3-5 Business Days
Pros:
  • Non-cosigned options available
  • GPA evaluation option
  • 1% Cash back upon graduation
Cons:
  • Requires upperclassman status
Check Rates & Apply Online →
Emergency Micro LoanOppFi
Min Credit: No Minimum

OppLoans Fast Personal Loan

Emergency micro-loans for borrowers with poor credit or urgent financial needs.

APR Range59% ~ 160%
Max Loan Amount$4,000
Origination Fee$0 (No Fee)
Funding SpeedSame Day
Pros:
  • No minimum credit score
  • Same-day to next-day deposit
  • Reports to credit bureaus to build credit
Cons:
  • High APR range
Check Rates & Apply Online →
Bad Credit OptionNetCredit / Enova
Min Credit: 500+

NetCredit Personal Loan

Online personal loans designed for low credit scores, freelancers, and homemakers unable to qualify at banks.

APR Range34% ~ 99%
Max Loan Amount$10,000
Origination Fee0.00% - 5.00%
Funding Speed1 Business Day
Pros:
  • Approves 500+ credit scores
  • Credit builder features
  • Fast funding
Cons:
  • Higher interest rates
Check Rates & Apply Online →
Micro Emergency LoanPossible Financial
Min Credit: No Minimum

Possible Finance Small Loan

Micro-loan installment platform allowing you to borrow up to $500 and repay over 8 weeks.

APR Range15% ~ 200%
Max Loan Amount$500
Origination Fee$0 (No Fee)
Funding SpeedInstant
Pros:
  • No credit check required
  • Helps build credit score
  • Instant mobile funding
Cons:
  • Capped at $500 max limit
Check Rates & Apply Online →
No Credit HistoryDeserve Inc.
Min Credit: No Minimum

Deserve Financial Personal Loan

Specialized financing for students and H-1B visa workers with limited US credit history.

APR Range9.99% ~ 24.99%
Max Loan Amount$25,000
Origination Fee0.00% - 3.00%
Funding Speed1-2 Business Days
Pros:
  • Evaluated without credit score
  • Visa worker friendly
  • Online document upload
Cons:
  • Capped at $25,000 max limit
Check Rates & Apply Online →
Credit Builder HybridSeedFi / Credit Karma
Min Credit: 520+

SeedFi Borrow & Grow Loan

Hybrid loan providing immediate cash while placing a portion in savings to build credit.

APR Range12% ~ 29.99%
Max Loan Amount$7,000
Origination Fee$0 (No Fee)
Funding Speed1 Business Day
Pros:
  • Approves low credit (520+)
  • Builds credit history
  • Easy income verification
Cons:
  • Partial funds placed in locked savings
Check Rates & Apply Online →