If you have very bad or poor credit and are looking for guaranteed approval, we work with a whole range of lenders who are willing to take a view on different credit backgrounds. From cash advances, payday and title loans, you can borrow $300, $500 or $1,000 and get an instant approval when you apply online with Pheabs in less than 5 minutes. To begin, simply use our calculator to choose your loan amount and click on ‘Get Started.’
Representative Example:
Based on a loan of: Borrow $300 over 3 months , at 400% APR, 3 equal repayments of $218.91, total to repay $518.91.
What is a Bad Credit Loan?
A bad credit loan can help people borrow money even if that have a bad credit score. Maybe you have missed some payments in the past, but this should not define your future. If your financial position is improving and you are passionate about paying your loan on time, you can certainly apply and get the loan you need.
It is not just your credit score that is considered, our lenders will take into account various things including:
Your age
Your type of residence
The amount you have asked to borrow with the lender
Your income.
Your employment status
Your affordability
There are a range of different types of bad credit loans, including payday loans, installment loans and title loans too.
Key Features
Loan Amounts $100 to $35,000
Loan Duration 30 days to 5 years
APR 8% to 400% APR
Bad Credit Accepted Yes
Same Day Funding Yes
Secured or Unsecured Both
How It Works
Step 1 – Choose Your Loan Amount
Select how much you wish to borrow and how long for using our online form in less than 5 minutes.
Step 2 – Apply Online
We require some basic information including your name, address, employment, contact details and bank details so we know where to send the funds. It is essential that this information is accurate and we work hard to ensure your data is safe and secure.
Step 3 – Receive Funds
You will receive instant approval and a competitive offer on the screen. If you wish to proceed, you can sign the online loan agreement and subject to further checks receive your funds in 1 to 24 hours.