Best Bad Credit Loans Guaranteed Approval: Top Financial Services For Loans For Bad Credit No Credit Check Online In 2022


The truth is that many people live with bad credit, and the harsh economic times we live in does not help the situation any better. Therefore, it is not uncommon for one to get in a bad financial situation and need quick money. But what then happens if you cannot get a loan from your bank or credit union? Today, there are many options available to seek financial help: online money lending platforms.

Money lending platforms are companies that offer financial assistance to people in need of short-term loans regardless of whether they have good or bad credit.

These platforms have quickly gained in popularity over the past few years. But in the same strength, scam businesses have emerged; hence, borrowers need to be vigilant with who they choose to do business with.

In this article, we have put together a comprehensive insight into bad credit loans with guaranteed approval available on the market today, which includes:

Top 5 Online Lenders For Bad Credit Loans Guaranteed Approval

  1. MoneyMutual: Overall Best Bad Credit Loans Guaranteed Approval
  2. BadCreditLoans: Best Online Loans For Bad Credit Score; Fast Funding
  3. RadCred: Get Same Day Payday Loans Online From Top Loan Lenders
  4. CashUSA: Best For Speedy Cash Advance; Easy Application Process
  5. PersonalLoans: Best Personal Loans For Bad Credit; 24 Hours Approval

Let us dive right into it!

When curating our list, we considered companies that offered a higher loan limit – this would at least increase an individual’s chance of getting a reasonable loan amount.

#1. MoneyMutual: Overall Best Bad Credit Loans Guaranteed Approval


MoneyMutual is an online money lending platform with over 12 years of working experience in the financial industry. It has, over the years, established a good rapport for itself as a leading money lending platform for people with bad credit looking for short-term loans.

To date, they have served over 2 million clients. They have tons of positive feedback on their website for their exemplary services and their dedication to helping people obtain funds during rainy days.

MoneyMutual is not a lender – its purpose is to provide a platform on which potential borrowers can link with potential lenders.

They have a vast network of lenders signed up to their network who provide several different loan options depending on the client’s needs and qualifications.


  • High Loan Limit

MoneyMutual lenders offer higher loan limits than most of their competitors. Their loan limit ranges from $500 to $5,000. The specific amount you will be offered depends on several factors, such as the lender, your qualifications, the type of loan you seek, etc.

  • Fast And Easy Loan Application and Approval

MoneyMutual is an ideal platform when you need quick money as they are known for their promptness in offering their services.

You only need to log into their website and fill out an easy loan application form to request a loan. Upon submission, the company will present your application to their network of lenders, who will review the application and present offers to you – this is often a few hours or sometimes even minutes of your loan application.

Once you decide on a lender and sign the required documents, the funds will be deposited into your account within 24 hours.

  • Variety Of Loan Options

This platform provides loans to people with bad credit, but they also offer various loan options to cater to their needs. It is a great advantage, especially for people with bad credit who would otherwise not get funding from any other source.

Loan options available at MoneyMutual include Payday Loan, Cash Advances, Personal Loan, and Installment Loans.

  • Minimum Credit Checks

Lenders at MoneyMutual do not conduct hard credit checks on their borrowers since it is highly likely that they have bad credit scores. Instead, they use the information you provide on your loan application to determine if you qualify for a loan and, if so, how much they are willing to offer you.

Eligibility requirements often differ from one lender to another; however, you need to meet a few basic requirements to qualify for a loan at MoneyMutual.


  • Excellent Brand Reputation
  • User-friendly website interface
  • High loan limit of up to $5,000 for bad credit loans
  • Fast and easy loan application and approval process – often within 1-2 business days
  • A vast network of lenders registered to their platform – over 60 lenders
  • A highly encrypted website promoting safe and secure online transactions
  • They are registered members of the Online Lenders Association


  • Services are not available in all states in the U.S.
  • They are no longer involved once you sign a deal with a lender

⇒ Visit the Official Website of MoneyMutual

#2. BadCreditLoans: Best Online Loans For Bad Credit Score; Fast Funding


The company is one of the oldest, serving with over two decades of experience. They have, over the years, built an impeccable reputation for their company with their exemplary services. Today, they are among the best options for anyone looking for financial assistance with a bad credit score.

BadCreditLoans is a free-to-use online money lending service that connects borrowers to lenders. They have a vast network of lenders registered on their platform hence why clients stand a better chance of getting a loan approved.


  • Smooth and Seamless Processes

Their loan application and approval process are fast and easy. Requesting for a loan on the platform will first require you to log into the website, where you will be required to fill out an online application form – this needs to be filled to completion with your personal information.

The company will then share your information with their lenders, who will review your application, and interested lenders will come up with a suitable offer based on their evaluation.

You will then be at liberty to evaluate all offers presented to you, and once you find a match, you can reach out to them to initiate the loan approval process. Ideally, the funds should be deposited into your account within 1-2 business days.

  • Minimum credit checks

Rarely do lenders at BadCredit conduct hard checks on your credit report. Instead, they often use the information you provide during the loan application and their better judgment to determine if a candidate qualifies for a loan and much they will offer to them.

  • Variety of Options

Bad credit provides a one-stop-shop for borrowers seeking different loan options despite having bad credit. So, whether you need a Personal Loan, Business Loan, Payday Loan, student loan, etc., they have you covered.

  • Transparency

There are no hidden fees or costs associated with bad credit. The company will provide you with everything you need to know about acquiring a loan from bad credit.

Since terms and conditions often differ between lenders, the company requires their lenders to disclose their terms and conditions to borrowers before signing any deal with them. It includes interest rates, origination fees, APRs, penalties, etc.

With this information, borrowers can then make an informed decision.

  • Privacy and Security

BadCredit’s website is secured with the newest encryption technology to help protect their client’s data from unauthorized personnel – this promotes trust with their clients who need assurance that the information they provide is safe.

Similarly, they are also keen on confidentiality. Terms and policies state that the client’s information is only used to request loans.


  • Free to use online lending resource
  • Good loan limit – $500 to $5,000
  • The vast network of lenders makes it easy for borrowers to find suitable lenders.
  • The client’s personal information is secure.
  • Fast and easy loan application and approval process


  • Services are not available in all states
  • The lower loan limit for people with bad credit

⇒ Visit the Official Website of BadCreditLoans

#3. RadCred Loans: Get Same Day Payday Loans Online From Top Loan Lenders


RadCred is yet another money-lending platform that offers loans to people with bad credit. The company has been in business for a little over 11 years.

Over the years, they have built a good rapport with the clients they have served – there are so many positive reviews on their website from previous clients who love their services. There is no doubt they are among the best on the market.


  • Wide Network of Lenders

The chances of securing a loan at RadCred are pretty high since they have an extensive network of lenders – over 70 lenders. The lenders are always available to offer borrowers who need quick cash. If a borrower does not find a match, the company goes the extra mile to source third-party lenders for their clients.

  • Easy Loan Application Process

RadCred features a smooth and seamless loan application process. To request a loan from their company, you will need to log into their website and fill out the loan application form with your personal and financial information. In addition, RadCred will want to know the purpose of the loan, how much you need, and your credit score in the application.

When you apply, they will present it to their lenders, who will analyze your details and determine if you are a good match. Then, interested lenders will present an offer. You must carefully analyze the offers and settle on one suitable lender. Once you do, the loan processing will begin, and funds will be deposited into your account in less than 24 hours.

  • Loan Limit and Repayment

RadCred is the perfect solution for anyone with bad credit. They are pretty generous with their loan limit, ranging from $1,000 to $ 35,000. The specific amount you receive depends on individual lenders after assessing your qualifications.

They offer different kinds of loans, including personal loans, cash advances, installment loans, etc.

Lenders at RadCred are often quite flexible with their repayment plans. Ideally, they offer a repayment period of about 3 to 72 months, depending on the type of loan and your agreement.

  • Security and Privacy

When applying for a loan, you will be required to provide some personal and financial information. It can be a bit unsettling to a client if they are not assured of the safety of their information.

RadCred has taken the necessary measures to eradicate this uncertainty. They have protected their website from unauthorized access by verifying it with TRUSTe, an online company that provides online safety and security services.


  • Very reputable online-money lending platform
  • They have an excellent customer care team
  • The loan application process is fast and easy
  • Offer a reasonable loan limit of up to $35,000
  • Their interest rates are pretty competitive
  • The website is encrypted to protect customer’s data
  • No limitation on loan use
  • A vast network of lenders increases the chances of borrowers getting a loan


  • They still will need to do a credit check
  • They have high APR rates for large loans

⇒ Visit the Official Website of RadCred

#4. CashUSA: Best For Speedy Cash Advance; Easy Application Process


On the list is CashUSA. This online money-lending platform links borrowers who need quick cash to potential lenders offering short-term loans. The company has an extensive network of lenders offering different types of loans.

Therefore, regardless of your credit score, or the purpose of your loan, you are likely to get the financial assistance you need when you apply for a loan with them.


  • Loan Application and Approval

CashUSA is very reliable when it comes to accessing quick money. They have an easy loan application process which involves logging into their website and filling out an online loan application form with your personal and financial details.

On submission, the company presents your application to its network of lenders, who review and determine your suitability. Based on their analysis, they will present you with an offer that you may or may not accept.

Loan offers on the platform often limit up to $10,000; however, the specific loan limit will depend on the individual lender’s evaluation of your application.

After viewing the terms and conditions of each lender and having decided on one, you can then go ahead to accept their offer to initiate the loan processing. Funds will be deposited into your account within 24 hours.

Additionally, you might be pleased to know that CashUSA does not have any limitations on how you spend the money.

  • Informative Website

CashUSA has an easy-to-use and efficient website – their navigation and search options are functional, making it easy even for beginners.

One unique aspect about CashUSA is that they have a Learning Center on their website. They purposely created this section to help their clients better understand all matters of finances.

From this section, you will find in-depth resources teaching personal finances, budgeting, loans, debts, savings, etc.

  • Seamless repayment process

The loan repayment period at CashUSA is often between 3 and 72 months. However, some lenders can be flexible and allow you to develop a suitable repayment plan.

CashUSA often works with lenders affiliated with your bank account, making the repayment process very easy. In addition, they will link your CashUSA profile to your bank account, which will facilitate auto payment when the payment period is due.

If you have no money in your account, the lender will reach out to find out how you intend to make the payment – they are flexible with their payment and will even allow you to request an extension.


  • User-friendly platform suitable for even beginners
  • The loan limit ranges from $500 to $10,000
  • An extensive network of lenders offering short-term loans to people with bad credit
  • Loan application and approval are fast and easy
  • No limits on how you use the funds
  • Convenient repayment schedule – between 3 months and 72 months
  • Loans are disbanded within 24 hours of loan approval


  • The lower loan limit for bad credit scores
  • High-interest rates when you have bad credit

⇒ Visit the Official Website of CashUSA

#5. PersonalLoans: Best Personal Loans For Bad Credit; 24 Hours Approval


Personal Loans is among the most trusted and reliable online money-lending platforms that offer instant loans even to people with bad credit through their network of lenders composed of individuals and companies.

It is important to note that Personal Loans is not a direct lender – their only role is to link borrowers to potential lenders registered with their company. They offer their services for free to borrowers. However, they charge a small fee to the lenders who use their services.

Additionally, PersonalLoans has a professional and friendly website interface that is easy to navigate, even for beginners. Through this website, they can give customers an insight into their company, which has helped build trust and credibility.


  • Flexibility

Unlike other similar companies, PersonalLoans offer great flexibility to their clients to cater to their specific needs – they allow their clients to personalize their loan requests. In addition, the company allows its clients to determine their loan amount, interest rates, repayment plan, etc.

In addition to this, clients are at liberty to compare the different loan offers from several clients before choosing one that meets their needs.

  • Loan Limit and Variety

With PersonalLoans, their loan limits range from $500 to about $35,000 – this is quite a generous amount given that they cater to people with bad credit.

An advantage of receiving funding from PersonalLoans is that they have restrictions on using the money. Once you receive the fund, usually within 24hours of loan approval, you can use it for whichever purposes.

You only need to make sure you honor your repayment promises. A loan repayment period at PersonalLoans often ranges from 90 days to 72 months, and the payments are usually made in small installments.

  • Interest Rates and APRs

PersonalLoans offer competitive market rates. For people with good credit, interest rates begin from as low as 8% and can go up to 30% for people with bad credit scores. APR rates, on the other hand, range from 5.99% to up to 35.99%

  • Trust and Credibility

From customer feedback about their services, it is clear that PersonalLoans is a reputable company that honors its promises to its clients and maintains a high level of professionalism.

Similarly, the company is a member of the Online Lenders Alliance (OLA), which seeks to ensure its members conduct their businesses with integrity – engaging in best practices and codes of conduct, all while extending diligence in serving their customers.


  • PersonalLoans is a highly reputable and trustworthy online money-lending platform.
  • Accredited members of the Online Lenders Association (OLA)
  • It is free to access their services as a borrower
  • The loan amount ranges from $500 to $35,000
  • No loan limitations
  • Fast and easy loan application and approval process
  • Flexible terms and conditions – they allow personalization
  • They have a mobile app which makes it more convenient
  • No penalties for late loan repayment
  • They only do a soft credit check that does not harm an individual credit score.


  • Interest rates are high for people with bad credit
  • Services are not available in all states

⇒ Visit the Official Website of Personal Loans

How We Made the This List Of Online Payday Lenders For Bad Credit Loans Guaranteed Approval

Bad Credit Loans with guaranteed approvals offer a fast and easy way to get funding during an emergency. These services have become prevalent over the past few years; consequently, it has given rise to the number of online money lenders.

But unfortunately, not all are legit companies. Therefore, the challenge is to find a credible company that offers quick loans with guaranteed approvals.

We, therefore, put together a team of analysts to help us determine which some of the best companies on the market are currently. In the end, they presented a list of the Top 5 bad Credit Loans with Guaranteed Approvals. Below are some of the factors the researchers put into consideration.

Company’s Reputation

To avoid getting scammed, we only considered companies with good reputations.

The first step was to check online to gather as much information as possible on a company. We wanted to find out things such as when they launched the company, where they are located, whether or not they have scandals linked to them etc.

Second, we looked into customer feedback to get first-hand information on previous clients’ experiences dealing with the company. It included customer service, professionalism, transparency, etc.

After an in-depth analysis, we selected our top 5 companies with irrefutable reputations.

Credit Score Requirement

Since we are looking into bad credit loan approval, we wanted to know how low of a score each company can accommodate.

From our research, we were glad that most of the lenders from these companies do not consider a person’s credit score as necessary – they only do a soft check on your credit score. Instead, lenders’ decisions are entirely based on whether or not they meet their loan qualifications.

The minimum loan requirements often differ from one lender to another; however, there are basic requirements borrowers need to meet to pass the initial qualifications, which often include:

  • Be at least 18 years or older.
  • Must be a permanent and legal resident of the U.S.
  • Have a valid checking account
  • Have a constant stream of income (income limit varies with a lender)
  • Provide a working home phone and address
  • Provide your employer’s phone and email address

Funding Process

If you are looking for a bad credit loan with guaranteed approval, you need quick cash. Therefore, having a company that takes longer than 1-2 business days to process a loan just won’t cut it for you.

For our list, we considered companies that have fast funding – preferably within 24 hours after loan approval.

Interest Rates and APRs

It is common knowledge that bad credit loans often attract higher interest and directly impact how much you will have to pay. Therefore, it was vital to find companies that offered competitive rates.

Additionally, we prefer companies that have no additional fees for their services.

Loan Limits

Every borrower has a loan amount they would wish to get depending on what they need the money for. Therefore, it is an essential consideration as you need to ensure the loan can cover your expenses, or it would be of no help.

Beginners Guide For Buying Bad Credit Loans & No Credit Check Loans

Bad credit loans are fast and easy to acquire. While this is a good thing, it can also be a disadvantage, especially when strapped for cash and needed for quick money.

If not careful, you can easily fall into a bad financial trap with these bad credit loans, so you need to be very careful. But first, you need to thoroughly check the lenders to ensure you get the best possible offer on the table.

To help you out with this, we have compiled a list of factors you need to consider before deciding on a loan offer.

They include:

Eligibility Requirements

Unlike traditional lending, online money-lending platforms do not have stringent rules with their loan application. Instead, they only require, the bare minimum, some basic personal and financial information to help guide them in determining your loan credibility.

To increase your chances of qualifying for a loan with a credit loan provider, you need to go through the minimum requirements to meet them all before making your application.

Requirements often differ from one lender to another; therefore, you need to go to each company’s website to find out this information and determine which one is best suited for your needs.

Terms and Conditions

Sometimes lenders will have hidden or additional fees for their services which you might miss to catch if you are not careful to read their terms and conditions. Eventually, these fees impact how much you will end up paying.

Therefore, before agreeing to any offer from a lender, you need to familiarize yourself with their terms and conditions, such as interest rates, additional fees, APRs, penalties, etc.

Similarly, you need to find out if they have strict rules on using the money. Sometimes lenders can be strict on what you can and cannot use the money for. For example, it can be very limiting if your intended purpose does not fall within their approval list.

Interest Rates

Bad credit loans tend to attract higher interest rates which can sometimes feel exorbitant. It is often attributed to the fact that these are high-risk loans; however, these interest rates do not have to be exploitative to the borrower.

When looking into bad credit loans, you need to compare the rates from different lenders to help you determine how much interest you can expect to pay as interest and find lenders with competitive rates.

Loan Repayment Plan

Repayment plans often differ from one lender to another but most often than not, especially with reputable companies, lenders tend to be more flexible with their repayment. Some even allow borrowers to negotiate for terms suitable for them.

When thinking about a repayment plan, you need to consider repayment installments, repayment period, the interest rate for your repayment period, etc. These are all factors that will influence how much you pay eventually.

Similarly, you need to find out the repercussions of missing a payment because sometimes you might not have the money to make a payment installment. Some lenders do charge a late payment penalty, while others do not.

FAQs about Bad Credit Loans Online

Q1. What is a Bad Credit Score?

Your FICO score, commonly referred to as a credit score, is the score assigned to your credit report based on your credit history. Credit scores usually range from 300 to 850.

The credit score range differs between lenders. However, a bad credit score is often considered as anything below 580.

Giving an accurate credit score range can be difficult; however, the scale on an approximate range for most lenders looks something like this;

  • Excellent – 760-850
  • Very good – 700-75
  • Fair – 660-699
  • Poor – 620-659
  • Extremely poor – Under 620

Q2. How does having a bad credit score affect me?

It becomes challenging to get loan approval, especially with traditional financial lenders. Even with Bad credit loans, having a bad credit score has a direct implication since, most often than not, you will not be qualified for a large loan limit as someone with a good credit score.

Additionally, having a bad credit score can also mean putting up with strict terms and conditions. Lenders consider bad credit loans as high risk, hence imposing strict rules.

If you want to acquire a bad credit loan, we recommend you try any of the companies listed above. This is because we have determined them to be among the few money-lending platforms with the most favorable conditions from our research.

Q3. What are the advantages of Bad Credit Loans?

Bad Credit Loans make it possible for people with bad credit to get financial help. These are people who would have otherwise not received funding from other financial institutions.

Additionally, there are fewer strict rules for applying for a bad credit loan from online lenders than traditional lenders.

For example, online lenders have minimum eligibility requirements, offer unsecured loans, and do not do a hard credit check on borrowers’ credit reports.

Conclusion: Best Bad Credit Loans & No Credit Check Loans Guaranteed Approval

When people are in desperate need of money, it is easy for them to get scammed as they look for a way out of their financial woes. Therefore, you need to maintain your composure and sanity throughout the research process. Be keen on the factors we have highlighted throughout this article. But all in all, you should never hesitate to ask for financial help when in need. The companies listed in this article are an excellent place to start. They are trustworthy and beginner friendly. If you do not feel content with our suggestions, you are at liberty to venture into other companies. Just be careful. Remember, when the deal is too good, think twice!

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