Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our opinions or reviews. Learn how we make money.
Compare your options for a $4,000 cash loan
You could get an installment loan with monthly repayments.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Compare lenders.Use the comparison table above to find a lender offering $4,000 to find one that offers financing you’re qualified for.
Fill out the application. Found a lender you like? Click the Go to Site button on our page and follow the directions to complete the application.
Review your offer. With online lenders, it typically only takes a few minutes to get approved and get an offer.
Sign your loan documents. Read the terms and conditions carefully before taking any more steps.
Get your $4,000. Often your lender can send $4,000 to your bank account as soon as the next day.
Am I eligible?
Generally, you must:
Have a steady source of income
Be a US citizen or permanent resident
Live in a state where your lender operates
Be over 18
You can typically get a $4,000 installment or title loan even if you have bad credit. Secured personal loans might be an option if you have fair credit. And cash advances don’t consider your credit score, though you need to already have a credit card.
How much does a $4,000 loan cost?
Often $4,000 loans aren’t cheap if you have bad credit. Installment loans can come with APRs over 100%. Title loans can have an APR of upwards of 300%. Your loan cost generally depends on your APR and how long you have to pay it back — your loan term.
Use the calculator to find out how much you’ll pay each month on a $4,000 loan with different rates and terms.
Questions to ask to find the right $4,000 loan
Consider the following questions when comparing lenders.
Am I eligible? No point in considering loan you won’t be approved for. Look at the eligibility criteria first.
What’s the APR? A loan’s APR is a representation of it’s total cost and is the easiest way to compare two loans with the same term.
How long do I have to pay it back? A longer term gives you lower monthly repayments but makes your loan more expensive.
How does repayment work? Make sure the frequency of repayments are something you can afford. Will you have to pay it back all at once? If not, how often are repayments?
How you can increase your chances of approval
Check the eligibility criteria. Don’t waste your time on a lender that doesn’t applying for a loan you aren’t qualified for.
Check your credit report. Sometimes credit reports contain mistakes that lower your score. Fixing them can up your chances of getting approved.
Limit your applications. Every application involves a hard credit check, which can hurt your credit score.
When applying for a $4,000 loan:
Know what helps
They offer varied loan terms. With loan terms being as long as several years, you can choose one that best fits your financial needs and situation.
Apply online with ease. The online presence of most lenders helps simplify the entire process. You can start by applying online, and then you can keep track of the loan online as well.
Steep costs. Certain loan types, like bad credit loans, tend to come with higher interest rates. Unsecured loans traditionally charge higher interest rates as well when compared to their secured counterparts.
Higher repayments. When you combine higher interest rates with shorter loan terms, the result is increased repayment amounts. Consider if you can afford the repayments before applying for the loan.
Dubious lending. The lending industry isn’t without its share of disreputable companies. Certain lenders may exploit people with poor credit through extremely high fees and rates. So make sure the lender is reputable before you apply.
What to avoid with $4,000 loans
Taking any kind of a loan can come with its share of pitfalls, so it’s best to avoid the following:
Make sure you have a plan in place when it comes to making repayments so you don’t end up defaulting.
Avoid taking out a bad credit loan if you have access to other loan options. High fees and inflexibility are two reasons why a bad credit loan may not be your first choice.
Avoid taking the first loan that comes your way. Remember to compare your options to make sure you’re getting the most competitive loan that suits your needs.
You can, though your options are limited. One options is to apply for a title loan, which can give your money in cash the same day you apply and accepts multiple repayment methods, including cash and wire transfers.
In some instances, you will have to set up direct debits through your salary or a bank account. Other repayment methods some lenders offer include online transfers and personal checks.
Certain personal loans give you the choice of getting loan protection insurance at an additional cost. Check the lender’s website for exact details.
Lenders look for some form of guarantee that you’ll be able to repay the loan. Some lenders will consider your application if you receive an alternative form of income such as welfare or unemployment benefits..
Aliyyah Camp is a writer and personal finance blogger who helps readers compare personal, student, car and business loans. Aliyyah earned a BA in communication from the University of Pennsylvania and is based in New York, where she enjoys movies and running outdoors.
How likely would you be to recommend finder to a friend or colleague?
0
1
2
3
4
5
6
7
8
9
10
Very UnlikelyExtremely Likely
Required
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
Advertiser Disclosure
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.
