Top Emergency Loans For Bad Credit: Best Of September 2021

When times get tough, and you need some urgent financial assistance, online money lenders can offer the much needed help. However, this can be tough if you have a bad credit score.

With bad credit history or a poor credit score, getting an emergency loan can be almost impossible. This is where bad credit loans come in; and with online third-party lending platforms, getting approval is easier than ever before! 

Go through this article to find out more.

How We Came Up with the list of the Best Emergency Loans

We have compiled this list for you of the top online lending companies, which offer convenient user policies, quick cash transfers, and good interest rates. This list features our top four picks for online businesses that approve the best bad credit emergency loans.

To judge each business, we put them in different categories. Then, each business was selected based on several characteristics within each category, including repayment terms, applicable fees, loan amount, and APR ranges. 

Furthermore, we also saw whether or not each lender accepts joint applicants or co-signers and where the lender is available. Lastly, we assessed each platform’s borrower perks, customer support tools, and features that make the borrowing process hassle-free. 

Accordingly, we gave points to companies depending on how each of them performed against the criteria.

What We Looked For: 

  • Solid Reputation – Most of these lenders have been working in the sector for years; therefore, they had mostly good reviews for their customer service.
  • Credit Flexibility – Every lender on this list approves loan applications with credit scores as low as 600s, while few even consider lower options.
  • Funding Speed – When emergency strikes, time is of the essence. All the online lenders listed make sure that borrowers receive their funds within the next day.
  • Full disclosure – All lenders on the list have safe business practices and are transparent with the services they offer and the people they work with. 


Top 4 Online Lenders that Offer Quick Emergency loans with Bad Credit in 2021 [Reviews]

  1. MoneyMutual: links borrowers & lenders
  2. BadCreditLoans: accepts all borrowers
  3. CashUSA: offers loans even with bad credit score
  4. PersonalLoans: provides multiple options to avail personal loans

#1. MoneyMutual – links borrowers & lenders

This platform offers users quick funding if they qualify for a loan. They are not lenders but rather an online loan company that links lenders and borrowers together. Their main aim is to help people receive funds irrespective of credit score.

We all can face difficulties when approaching lenders for a loan and filling their infinite requirements just to receive a small personal loan. However, that is not how MoneyMutual operates. 

Founded back in 2010, this online lending company has helped thousands of borrowers by helping them get funds immediately. MoneyMutual made their loan network keeping in mind the 40% of Americans who cannot come up with $400 if there is an emergency. 

If you have a bad credit score or bad credit history, looking for a loan through MoneyMutual is quick and easy. You can start the process by filling out an online form, which connects you to a lender. 

Loan lenders who think they fit the criteria for the loan can approach you with their offers. It is totally up to you to decide whether or not to accept the offer. Even at this stage, MoneyMutual will not charge you a dime; therefore, you are not obligated to accept or deny the loan.


MoneyMutual does not only provide a quick and easy service, but they have multiple other features and benefits:

  • No additional fees or charges:

MoneyMutual does not ask for any fees when you are using its services. They are strictly a middleman, linking you with multiple reliable lenders to get you an easy and fast loan. Although, once you are connected with the lender, they might have their fees and charges. Before accepting any loan, it is important to know all the fees the lender requires. 

  • Accept bad credit scores:

MoneyMutual is accommodating when checking users’ credit scores. They do not care if people have had bad credit history or a bad credit score. The business is more than willing to work with these people, so you do not need to worry about credit score when applying for a loan.

However, you might be charged with slightly higher interest rates if your credit score is poor.

  • Multiple options to choose from:

Since the business has a large network of lenders, consumers are lucky to have several options when picking a short-term loan. When applying through MoneyMutual, you are presented with all the lenders’ information who want to give you the loan; therefore, you can choose the loan that fits your needs best.

MoneyMutual is great in emergencies when you need extra cash in just a few hours.

Their large network of over 60 online lenders allows people to get loans quickly in a couple of hours or sometimes even in minutes. 

All people have to do is go to their website and fill the application form, and they can get a loan on the same day.


  • No additional charges or initial fees.
  • The website is easy to navigate to find reliable lenders.
  • Users can receive loan offers within hours or minutes.
  • They have a library of education resources to help educate people on financial topics.
  • An approval process is quick and easy.


  • They are not liable for any problems once you sign the lender’s agreement. 
  • It is only available in the US but is operational in all the states.

=> Click here to visit the official website of MoneyMutual


#2. BadCreditLoans – accepts all borrowers

Top Emergency Loans For Bad Credit: Best Of September 2021

BadCreditLoans looks beyond just credit score or credit history, they consider factors like income, employment status, and bank balance. The claim is to be an online lender who accepts borrowers without doing credit history checks.

When applying for an emergency loan with bad credit, BadCreditLoans looks at your credit score – but concentrates on other factors like your employment history, education level, and income. This type of research is known as ‘ alternative credit data reporting’; lenders do this to get a whole picture of the borrower’s financial situation.

No matter the reason you need the funds for, be it debt consolidation, debt relief, credit card refinance, mortgage or rent, auto repair, or any other reason, BadCreditLoans has your back.

If you decide to work with them, you can receive loans ranging from $400 to $10,000. Additionally, their flexible repayment conditions make it easier for you to pay the installments for up to 48 months. However, there can be a difference in interest rates depending on the market and the terms you set with the lender. These rates usually range anywhere from 6% to up to 40%. 

To be eligible to get approved at BadCreditLoans, users need to be at least 18 years old and US citizens. Additionally, proof of a source of income is required with a valid bank account. 

This online loan company is great for businesses and people who need a loan to help with financial emergencies to repay it back efficiently. 


  • Different types of loans offered:

BadCreditLoans has a number of loans they offer to potential borrowers. If you have been denied traditional loans from other businesses or lenders, you will likely find what you need with BadCreditLoans. 

They have many different types of loans like personal loans, mortgages, business loans, student loans, payday loans, and auto loans.

Depending on the amount you need and for what reason, you can easily get approved for these loans, even with bad credit.

Most online lenders charge customers a fee to start the process, but not BadcreditLoans. They do not charge consumers any money throughout the loan process. You can get multiple offers from lenders that will allow you to compare different offers.

They make money through lenders, who pay BadCreditLoans a small commission for connecting the two parties.

  • Quick and easy online form

BadCreditLoan might have the simplest application process on the loose. It only requires a couple of minutes to finish the online form to get your loan approved. 

Additionally, if you apply for an emergency loan, the majority of the time, lenders transfer the funds within a day of approval. 

  • Links to multiple lenders 

The application process on BadCreditLoans is just a form. Once you are connected with the lender, you deal with them from that point. This means that BadCreditLoans is just a middleman to match you with reliable lenders.

The great thing is that anyone can get multiple quotes for loans and compare them with different lenders side by side.

This does not take multiple phone calls or applications like it usually is for normal loans. Instead, a simple application form will connect you to various lenders. 


  • Users can get multiple loan quotes for free.
  • Multiple loans can be compared to find out the best offer.
  • In case users do not get a lender to loan the funds, the website shows ads of other reliable lending businesses.
  • Details about the lender are provided to the users.
  • Users can leave and decline the lenders’ deal at any point in the process.


  • The BBB has not rated the company yet.
  • They only offer bad credit borrowers small loan amounts.

=> Click here to visit the official website of BadCreditLoans


#3. – offers loans even with bad credit score

Top Emergency Loans For Bad Credit: Best Of September 2021

It can get almost impossible to borrow money from the bank if you have a bad credit score. This can put in quite a difficult spot if you need funds for an emergency situation. People who have less than stellar credit scores are often finding the best way to improve them. That is where CashUSA can help.

With CashUSA, not only do they help you get funds with a bad credit score, but they improve your FICO score if you make your payments on time. This is great as you are receiving the funds from the lender while also making sure you are eligible for any future loan opportunities.

If users repay the loan on time, the lender will automatically update their credit history, improving their credit score. Moreover, the lender can also help fight false claims present in their credit history.

A great thing about CashUSA is its education center. This library is open to anyone and can be accessed through the official website. 

It contains all the information users need on finance-related topics like calculating debt, student loan plans, credit score, picking a financial advisor, choosing a budget, and the list keeps going.

Lenders who work with CashUSA do not need a good credit score or a credit check, making it easier for consumers to qualify for a loan.  However, with bad credit loans, it is normal for interest rates to be higher than usual. 

The company’s main goal is to provide a stress-free, functional and simple experience for users applying for emergency loans. Their best feature is that having a bad credit history or bad credit score will not decrease a loan’s chances of being approved. 


  • Straightforward and simple to use

Even Though the site’s design can make people doubtful about the legitimacy of the business, their sole goal has been on giving the lenders and borrowers a safe and easy platform to make transactions from both sides. 

Their application form is navigable, simple, and secure – and can be filled out within minutes.

  • No additional fees or payments:

As CashUSA is not a lender and just a middle man, they do not charge service fees from users. 

The fees and interest you are going to pay are all determined by the lender under the terms and conditions of the loan agreement. 

When giving out personal and financial information, it must be in safe hands. CashUSA guarantees both borrowers and lenders the safety and privacy of their information. The business has a very strong privacy policy that forces its lenders to follow their privacy regulations to secure borrowers’ personal information.

The website uses encryption technology to avoid any information leaks. To further find out how and why they use your information, they have a Privacy Policy section on their website. 

  • Specific lenders according to your needs:

CashUSA asks for a bunch of information in their application forms, including identifying, employment, and demographic data. The real purpose of all this information is to connect users to specific lenders who can cater to their needs. Therefore the more details you give the better loan you’ll receive.

  • Simple eligibility criteria:

Unlike other competitors in the industry, CashUSA has lenders that give loans to people from all backgrounds. This means even though the lender sets the credit requirements, they will accept all credit profiles.


  • The company has over one million monthly users who mostly have good reviews.
  • Loans can be repaid easily, with repayment time given up to 70 months.
  • Their service is free of cost, easy, and quick. 
  • Allows anyone to access their education center that contains a lot of helpful financial information.
  • Great customer service.
  • Network of lenders that are all over the states.
  • Great for emergency loans, even with bad credit.


  • The maximum amount of loan given is $ 10,000.
  • They might sell your data to make profits.

=> Click here to visit the official website of CashUSA

#4. – provides multiple options to avail Personal loans

Top Emergency Loans For Bad Credit: Best Of September 2021

Personal Loans was started with the mission to provide an easy and convenient way for users to search for a loan through several different lenders. Their service attempts to link borrowers with lending partners or lenders from their network who would like to offer them loans. Their site is best suited for anyone who needs emergency funds.

PersonalLoans gives customers multiple options to avail loans from their network of lenders and banks. They offer personal installment loans, emergency loans, peer-to-peer loans, and many more. No matter what time of the day, PersonalLoans always has people ready to loan you money. 

Their application process is quick and simple, where potential borrowers fill an online form with basic personal and financial information that is used to link them with lenders. Once their application is approved, PersonalLoans uses this information to find lenders who cater to these needs.

Once lenders offer their terms and conditions, it is up to you to decide if you agree to them or not. To this point, PersonalLoans does not charge any fees, so you do not have an obligation to stay. If you do not like the deal, there is always room for negotiation or simply denying it. If accepted, funds will usually be transferred into your account within a day.

Even if any lender does not accept your loan request, PersonalLoans always has the option of approaching other third-party lenders with who they have worked before. 

It is important to note that PersonalLoans just acts as an intermediary; therefore, it is not responsible for any scams or mishaps that happen between both parties. Hence everyone needs to read the terms and conditions thoroughly before accepting them. 


PersonalLoans is an official Online Lenders Alliance member, committing itself to being honest and following fair practices.

By being an OLA member, they are required to follow all the federal laws and regulations, give the best user experience and protect users against illegal and other fraudulent online threats. 

For example, OLA enforces some things on its members: they need to provide borrowers adequate cancellation policies, do not give them false information or have misleading marketing/advertising, and manage all their party leaders with integrity. 

Another great feature that makes PersonalLoans one of the best online lending companies is their flexible terms. Many online lenders try to limit their customers to strict policies, short repayment plans, and refit amount caps. Due to this, borrowers are forced to pay more than what they planned for.

However, PersonalLoans allows consumers to get loans as little as $400 all the way up to $30,000. Additionally, they allow repayments from 90 days to up to 72 months.

Most lending companies only offer one or two types of loans. On the other hand, PersonalLoans offers users three types of loans to find one that works best. The types of loans are bank loans, installment loans, and peer-to-peer loans. Each one is different in the credit score required and the amount that is given out.

Even though Personal loans are just an intermediary, lenders are still required to follow some of their rules and regulations. This means lenders need to have a flexible payment system.

It is very common for people taking emergency loans to miss their deadlines. Therefore PersonalLoans has a system where users can contact the lender beforehand and ask him to change the deadline or extend it.

Lenders usually comply with this rule, but they charge late payments with a small fee. Additionally, not everyone gets granted late payments, and it is mostly given to people with a good credit score. 


  • Large range of funding available, from $500 to $30,000.
  • Funds are transferred quickly and without any hassle.
  • The encrypted site protects users’ personal and financial information.
  • OLA members, therefore they have high standards.
  • Loans are approved for people with bad credit scores.
  • A large network of lenders is available.


  • Eligibility requirements are more than that of other online lenders.
  • Might not approve the application for bad credit scores.

=> Click here to visit the official website of PersonalLoans

Factors to Consider When Getting an Emergency Loan with Bad Credit

With many online lending companies, it can be difficult to know which ones are real and which are fraudulent, especially if it is your first loan. There are many factors to research before getting an emergency loan, that too with bad credit. Here are some points you should keep in mind before choosing an online lender:


Even bad credit lenders usually demand some sort of minimum credit score requirement, which Fair Isaac Corporation sets. This score and other factors are taken into consideration when choosing the interest rate and APR.

All the companies on the list above have the following common criteria:

  • Users should be 18 years of age or older.
  • They need to have a bank account.
  • They must be US permanent residents or citizens.
  • Need to have a steady income source.

If you fulfill these criteria, you will most likely get approved for a loan.

The Amount Required

When choosing an emergency loan, it is important to calculate the exact amount required. As emergency loans are usually short-term, they can be costly; minimum loans are around $500 and can go up to $10,000.

If you need to borrow a high amount for a long period, you will usually get higher interest rates. Hence by knowing your budget and the time needed to repay the loan, you can save a lot of money.

Interest Rates

When choosing a lender, it is important to pick one that offers good interest rates. You should always choose lenders that offer competitive interest rates according to the market. Additionally, making a comparison between the different minimum interest rates being offered is also important. 

Although, the rates you get depend highly on your credit history and credit score. So the worse the score is, the higher the interest rate you’ll get.

Some bad credit emergency loan lenders will offer a fixed interest rate rather than a fluctuating one to users with bad credit. This ensures that the fixed interest rate stays the same throughout the loan. On the other hand, they can also offer a variable interest rate, which changes according to the index rate.

Terms and Conditions

When it comes to terms and conditions for loans with bad credit scores, most lenders willingly lend to borrowers who have a score in their low 600s. However, while taking out an emergency loan, lenders may concentrate on other factors to determine whether or not you can pay back the loan.

Therefore, always opt for a lender/platform with flexible terms to get a loan even with a low credit score.


Applying for emergency loans with bad credit sets you up for high interest rates as it is, and getting charged hidden fees can make the loan even more expensive. 

Therefore, all the platforms named in this list offer disclosure on all their terms and are transparent about how they work and what they charge. Thus, if you do not want to do extensive research, the list above can provide you with a safe platform to opt for.

FAQs about Emergency Loans

Q. What are the types of emergency loans I can get with bad credit?

There are a number of different loans that borrowers with bad credit can receive. Whether or not the lender accepts these loans depends on which lender you choose to work with. The different types of loans are listed below:

Personal Loans: If you have relatively good credit, you can qualify for a personal loan. These are installment loans that have a fixed interest rate and need to be paid over some time.

These loans can be used for anything, so they are great for borrowers who can qualify for the loan. Even though people with bad credit can get approved for personal loans, they are best suitable for borrowers with a good financial position.

Payday Loans: The name is pretty self-explanatory; this type of loan needs to be paid back by the very next payday. They are known as a risky kind of loan because of repayment time and high-interest rates.

These loans are usually given to people with bad credit, but if they are not able to repay it, they can end up in a debt trap. 

Even though these loans are great for emergencies, they should always be kept as a last resort if you cannot get any other loans from a lender.

Credit and Cash Advance: This is one of the most common types of loans that are used in everyday life. When a borrower uses their present balance on a credit card to take out loans, it is called cash advances. A processing fee and interest rate are charged on cash advances by the credit card company. This is one of the fastest ways to receive an emergency loan.

These loans work great for people who need funding immediately and cannot wait for long. 

Title Loans: Usually, people with bad credit use this type of loan. If you have a car, you can use it as leverage to gain access to short-term loans with low-interest fees. Credit history or scores are not criteria for lenders with this type of loan, as the car is used as a liability.

This may seem like a great alternative until you cannot repay the loan, which gives the lender the right to seize your car.

Q. Can I get an emergency loan if I do not have a job?

The simple answer is yes. When a lender approves a loan request, they look at many other factors other than traditional employment.

The only thing a good lender is concerned about is whether or not you can repay the loan back. While some may see traditional employment as proof, many online lenders approve loans on the basis of other income sources like:

  • Child support
  • Student Aid
  • Annuity
  • Investment
  • Alimony
  • Rental Property
  • Retirement accounts 
  • Government benefits 

A browser can get approved for an emergency loan if they are able to prove a regular income source and ensure that they are financially stable.

Q. What is a bad credit score?

Most lenders use credit scores ranging from 300-850. If a user’s FICO score is below 670, they are categorized as a subprime borrower with a fair credit rating. Anything FICO scores less than 580 is classified as very poor.

It is important to know that bad credit emergency loans can be quite costly. Interest rates can get higher than 30%, depending on your credit score. The worse your credit score is, the higher your interest rate will be on your loan. Some other problems you face when trying to borrow with a bad credit score are getting shorter repayment times and lower loan amounts.



Nothing in life is certain; at one point, you’re having the time of your life, and moments later, it is throwing you curveballs. If unforeseen financial events are not taken care of in due time, they can create a huge dent in your monetary and credit condition. Therefore, opting for emergency loans to bail you out in such cases can help you in the long run.

All the businesses listed above have their pros and cons. So always make sure to do your research and be well informed before making a decision. 

But if you do not want to do the research yourself or don’t have the time, we suggest you go for BadCreditLoan as a safe bet.

About Justin Howze

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