Editor's choice: Credible personal loans

- Loan range: $1,000-$100,000
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There are lenders that offer $10,000 personal loans — even if you have bad credit. Learn more about your options and calculate how much a loan might cost you.
To see a list of lenders you may qualify for, select your credit score range and the state where you live in the table below.
There are a variety of lenders that offer $10,000 loans — so it pays to compare options. Borrowers with bad credit can access these loans through nontraditional lenders, while those with good or excellent credit may be able to apply with their own bank for quick approval.
The cost of your loan will depend on the loan term and the APR — which is your interest rate and loan fees. Here is an example of how much a $10,000 personal loan might cost with a 9.41% APR.
Loan term | Monthly repayment | Total interest |
---|---|---|
2 years | $459 | $1,010 |
5 years | $210 | $2,575 |
7 years | $163 | $3,690 |
Rather than picking a random APR for our example, we used data from a 2019 Experian study that found the average personal loan APR was 9.41%. While this number will depend on the amount you borrow, your credit score and your current finances, this national average highlights what rate you might receive when you apply.
You can use our calculator to estimate your monthly repayment based off your expected loan term and interest rate.
See how much you'll pay
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Bad credit or good credit, there are options available to you if you need to borrow a large amount of money.
Loans up to $10,000 are available from both traditional and nontraditional lenders and can come in a variety of forms: Secured or unsecured, short-term or long-term, for personal or business use. The first step to taking out a loan is understanding your options.
There are lenders that offer loans up to $10,000 for people with bad credit. You'll usually need to meet certain requirements, and you may be required to secure the loan with an asset. Some lenders may also allow you to submit a joint application if you don't meet the eligibility criteria on your own.
Remember to find out about all the options available to help your chances of being approved. The interest rate on these loans is usually set on an individual basis but may be higher than similar loans for borrowers with good credit.
You'll probably have more options available to you if you're looking at borrowing $10,000 and you have a good credit score of 670 or higher. Traditional lenders, such as a bank, will likely be an option. And you'll enjoy lower rates and fees than if it were a bad credit loan.
You may also find that your current bank offers same-day funding to existing customers. Depending on your income and other financial circumstances, you may be eligible for a secured or unsecured loan.
Securing your loan with an asset may open up more loan options to you. Secured loans are less risky for lenders as they will be guaranteed to recoup their losses should you default. Because of this, these loans come with lending criteria that are more flexible than unsecured loans, and sometimes they even carry better APRs.
Typical assets used to secure a loan include a vehicle or equity in a property, but some lenders also allow for other things, such as jewelry.
A $10,000 personal loan taken out for business purposes is different from one taken out for personal use. Business loans usually come with higher maximum loan amounts, with some lenders able to approve loans of up to $5 million. Business loans may be available to both established businesses and startups, although small businesses may not have access to larger loan amounts.
When considering what loan to apply for, it's important to compare features of each loan to make sure you'll receive a competitive offer. Here are some things to look at:
If $10,000 doesn't meet your needs, consider another loan amount — but keep in mind that loans under $5,000 may have higher rates.
To compare your borrowing options, read our guide on personal loans. We discuss the different types of personal loans available, how much they usually cost and where you can apply.
Answers to common questions about $10,000 loans.
It depends. Most lenders want you to have a steady source of income, but that doesn't necessarily mean you need to be employed. If the lender doesn't specify, contact it and ask if your income qualifies.
It depends on your credit score. For good to excellent credit, the average rate can range from around 10% to 12%. For poor credit, the average rate can range from 28% to 32%, though it can be as high as 36%.
Most lenders use either 128-bit or 256-bit SSL encryption to ensure your details are safe and secure. If your lender doesn't have this in place and doesn't have a secured page, visit a different lender that does.
Usually, you'll receive notification of the decision. If you've been approved, the lender will send along next steps.
You can apply by finding a lender that doesn't require collateral but accepts a lower credit score. Many lenders have fully online applications. If you want to go with a bank or credit union, be prepared to submit your documents in-person.
You only have until the end of March to get your next application in.
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You might be able to apply for more funding on your PPP loan, get a second PPP loan or take advantage of a new grant program.
Wise Loan may be an expensive choice, but it’s upfront about its costs.
Loans of up to $50,000 available from this well-established lender.
Okay he went down production I got behind on payments my credit score dropped now it says debt consolidation bad credit which nobody will give you they keep passing you on to other creditors other one maybe this person can help you maybe this person help which in fact they cannot so why do they call it debt consolidation when you’re in debt bad credit accepted but yet no one wants to help you
Hi James,
Thank you for reaching out to Finder.
Each creditor have different categories that they check in order to qualify you to get a loan. You may need to check with them first before applying to ensure that it does not show up on your report. Hope this helps!
Cheers,
Reggie
How can I borrow money?
Hi Diana,
Thanks for getting in touch with Finder. I hope all is well with you.
To borrow money, you would need to first assess your needs and preference. From there, start comparing your options by using the table above. Compare based on various factors such as credit score, loan amount, and APR. You can then click on the “Go to site” green button of your chosen provider to learn more.
Please make sure that you’ve read the relevant T&Cs or PDS of the loan products before making a decision. Moreover, check the eligibility requirements as well and consider whether the product is right for you.
I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.
Have a wonderful day!
Cheers,
Joshua
My daugther is getting married and I need a$ 4000.00 loan my credit isn’t that good but I need some help with it
Hi James,
Thank you for reaching out to Finder.
You may be interested in checking the Finder articles we have below:
Installment loans for bad credit
Bad credit cash loans
Kindly review and compare your options on the table displaying the available providers. Once you have chosen a particular provider, you may then click on the “Go to site” button and you will be redirected to the provider’s website where you can proceed with the application or get in touch with their representatives for further inquiries you may have.
Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you. Hope this helps!
Cheers,
Reggie
I am 41 years old with a full time job but I have a credit score of 518 and I am wanting to buy my dream 3.67 ac of land for $10.000 , and I really would love to find bank that I could borrow it from, can u please help me
Hi Jeff,
Thank you for reaching out to finder.
Our guide in purchasing land through a personal loan might be able to help. You may also check on the different lenders available in your state to determine what is suitable for you. Hope this helps!
Cheers,
Reggie
Currently unemployed, have no income coming in. However, I have a business account with a little under $9,000.00 in it. I don’t want to touch the biz account for personal finances.
Can I get a personal loan secured against my business bank account? My credit is good and fair, if that matters.
Thanks,
CD
Hi CD,
Thanks for reaching out.
You may check on the list of lenders offering a loan to applicants with alternate income.
There are different loan options for people who are unemployed. Also, there are lenders that may use a car or a boat outright or some equity in a property as security for the loan. It would be best to check the lender’s website or call their customer service line before applying to confirm the lender accepts applications from individuals who are unemployed and for options of using an asset as a security.
Cheers,
Joanne
I have a credit rating of 538 I’m in desperate need of a 2000 dollar loan I’d be able to pay it one and half months
Hi Francis,
Thank you for your comment.
In this case, you may consider a short term loan. You may compare the lenders that offer $2000 short term loans. Once you find a loan you wish to apply for, simply click on the Go to site button. Please make sure to meet the eligibility criteria before submitting your application.
Hope this helps.
Regards,
Jhezelyn
I am in need of about $5,000 for home improvement and $35,000+ for debt consolidation. How do I proceed?
Hi Russ,
Thank you for your comment.
Debt consolidation may help you get out of debt. However, please note that a bigger loan means a bigger risk to the lender, and you’ll need to secure the loan by putting down collateral. You may please check with the list of lenders that may consider you for a loan.
For home improvement loans, you may please refer to list of home improvement loans and compare personal loans you can apply.
Please do note that the lenders will have to look at your capability to repay the loan. You also need to ensure that you meet the eligibility criteria before submitting an application.
Hope this helps.
Regards,
Jhezelyn
Borrowed money with no bank account.require
Hi Earma,
Thanks for your question.
If you don’t have a bank account, you may want to check out our list of lenders who provide debit card loans. Please note though that these lenders may require you to have a prepaid debit card. Other eligibility criteria apply.
Kindly review the eligibility criteria of the loan you are interested in before submitting your application.
Cheers,
Anndy
Please i need a loan of $12000
Hi Irene,
Thank you for contacting Finder.
Generally, large loan amounts usually have specific eligibility criteria which include a minimum income requirement as this is one way for lenders to make sure their borrowers have the capacity to repay their loan amount. Lenders thoroughly check your eligibility for personal loans by taking into consideration multiple factors such as credit standing, employment status, outstanding loan and other liabilities in their decision-making.
Regards,
Danielle
I need to borrow 10,000 dollars just to gethe my house ready to sale.and I would pay it back at closing
I need a 10.000 dollar personal loan for home repairs I have bad credit.
Hi Sandra,
Thanks for reaching out. There are lenders offering loans to those who have low credit scores. Better still, speak to a loan broker who can help you find a loan product tailored to your personal circumstances.
Warm regards,
Liezl
Hi Wes,
Thank you for contacting finder. We are a comparison website and general information service, we’re more than happy to offer general advice.
You are in the right page. You may customize, review, and compare the offers available on the table. Once you have selected one, you may proceed by clicking the green “Go to Site” button.
I hope this helps.
Cheers,
Danielle