BadCreditLoans.com review: Is it legit? | finder.com

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

BadCreditLoans.com short-term loans review

Last updated:  

Find a lender that can offer you up to $5,000 through this short-term loan connection service.

BadCreditLoans.com has been helping borrowers with bad credit since 1998 and boasts being the “go-to” place for bad credit loans. It’s free to apply, and you may be connected with a lender that considers you despite your credit history. However, BadCreditLoans.com doesn’t have easily-accessible customer service, and it can’t guarantee you’ll be approved even if you are connected.

$500

Min. Amount

$5,000

Max. Amount

Varies

Turnaround time

Details

Product NameBadCreditLoans.com
Min. Amount$500
Max. Amount$5,000
Loan Term3 to 36 months
Turnaround TimeVaries
RequirementsDepending on lender requirements, people from all 50 states may not be eligible for a personal loan.
Go to Badcreditloans.com's website

What is BadCreditLoans.com?

BadCreditLoans.com is a short-term loan connection service. The lenders in its network offer loans between $500 to $5,000. Terms range from 3 to 60 months, giving you more time to repay than with normal payday loans. And because you’ll only have to fill out one application to be connected with one or more potential lenders, you can save time from the stressful process of searching for loans.

What are the benefits of BadCreditLoans.com?

  • No approval fee. BadCreditLoans.com doesn’t charge a fee to connect your application with a lender. Filling out and submitting the application are free. The lender you work with may charge fees, so always go over the terms of the loan before signing.
  • Large loan amounts. The lenders in the BadCreditLoans.com network offer loans up to $5,000, which can be especially helpful when you have a large expense that needs to be paid.
  • Quick application. You can apply to be connected with a lender within a few minutes, and you’ll know if you’ve been successfully connected with one or more lenders shortly after submitting your application.

What to watch out for

  • Limited reviews. There aren’t many reviews of BadCreditLoans.com out there, and the few that are there don’t have very many positive things to say about the company.
  • Information may be sold as a “lead.” Brokers may sell your information to other lenders. This can result in your lead being sold well after you’ve applied with BadCreditLoans.com, leading to unsolicited phone calls and messages.
  • Customer service not available by phone. Rather than being connected with a human, BadCreditLoans.com has a robotic messaging system that directs you to go online for more answers.

See how BadCreditLoans.com compares

Updated September 16th, 2019
Name Product Filter Values Max. Loan Amount Turnaround time Requirements
$35,000
As soon as the next business day
Regular source of income, verifiable bank account, US citizen, ages 18+
Get connected with multiple lenders you might qualify with — even if you have bad credit.
$15,000
Same business day to 1 business days
$1,000+ monthly income, direct deposit, US citizen or permanent resident, ages 18+
Get offers from potential lenders in minutes by filling out just one online form.
$50,000
Same business day to 1 business days
Employed, $800+ regular monthly income, checking account, ages 18+, US citizen
Fill out a simple online form to compare offers from several lenders that may be able to help.
$10,000
As early as 1 business day
$1,000+ monthly income after taxes, valid checking account
Explore its online education center to get tips on budgeting, how to prioritize your bills and more.
$1,000
Same business day to 1 business days
Valid bank account, proof of employment or steady income, US citizen, ages 18+
No credit? Past bankruptcy? One of the lenders in its network may still be able to help.

Compare up to 4 providers

Beware of high interest rates

BadCreditLoans.com doesn’t charge for its service, but once you’re connected with a lender and sign a loan contract, you’ll be on the hook for paying that money back. This doesn’t have to be a bad thing — many people take out short-term loans when they’re having financial issues — but it can be dangerous if you aren’t prepared. Short-term loans have high interest rates, often in the triple digits, that can make paying back what you owe difficult. Before you borrow, have a budget in place and know how much you can afford.

Is BadCreditLoans.com legit?

Yes. BadCreditLoans.com is a legitimate online service that has been connecting borrowers with short-term loans since 1998. Its website and application are encrypted to protect your private information, and BadCreditLoans.com’s privacy policy covers the information it collects and how that information is shared.

If you’re connected with a lender, remember that short-term loan laws are constantly changing with state regulations. There are limits that restrict maximum loan amounts, interest rates and fees lenders can charge. Make sure the lender you’re connected with obeys your state’s laws to help protect yourself from predatory lenders.

What does the Internet say about BadCreditLoans.com?

Not much, but what is there is generally negative. BadCreditLoans.com isn’t accredited by the Better Business Bureau (BBB). It also doesn’t have a rating — which is unusual for businesses. There are only four customer complaints and two customer reviews, but all of them have something bad to say about this connection service. Many had problems with the customer service offered by BadCreditLoans.com, especially those who hadn’t applied and wanted their information removed.

It doesn’t fare much better on TrustPilot, either. Out of the seven reviews left for BadCreditLoans.com, six were left in 2014. As of this writing, the only other review was from April of 2018. The reviewer mentioned that they believed it was a phishing scam because there was no guarantee for a loan; however, this is common with all connection services and direct lenders. You aren’t guaranteed a loan when you apply no matter which service you use, BadCreditLoans.com included.

Am I eligible?

  • You must be a US citizen or permanent resident.
  • You must have a checking account in your name.
  • You must have a regular source of income.
  • You must be at least 18 years old.

How do I apply?

  1. Scroll to the top of this page and click Go to site to be redirected to BadCreditLoans.com.
  2. Select your requested loan amount and enter your email, then click Get Started.
  3. Select your general credit range, the reason for your loan. Enter your full name, date of birth and select if you’re active duty military. Then click Continue to Step 2.
  4. Enter your contact information, employment information and bank information. Then click Continue to Step 3.
  5. Enter your bank’s routing number and your bank account number.
  6. Read over the Privacy Policy, Terms of Use and E-Consent documents. Then click Submit Information.

If BadCreditLoans.com is able to connect you with a lender, you’ll be able to select one or more lender options to choose from. When you click one, you’ll be redirected to the lender’s website to complete the application process.

I was connected with a lender. Now what?

Once you’ve been connected with a lender, you’ll be able to submit your application and see if you’ve been approved for a short-term loan. At this point, your questions and concerns should be directed to your lender, not BadCreditLoans.com. You’ll want to read your loan terms carefully to see how much you’ll be paying and the loan due date so you can be sure you can handle the payments.

Bottom line

When you’re in a rush to find a loan, comparing multiple sites can be a chore. BadCreditLoans.com makes things easier by allowing you to fill out one application and get connected to one or more lenders. However, if you want personalized service or a lender with better reviews, you may be better off comparing your direct loan options.

Frequently asked questions

Ask an expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use and Privacy and Cookies Policy.

24 Comments

  1. Default Gravatar
    Patricia
    May 10, 2019

    Haven’t been contacted about loan, why?

    • AvatarStaff
      nikkiangco
      May 11, 2019

      Hi Patricia,

      Thanks for getting in touch with Finder! The approval process for this lender is typically quick. Once you’ve been connected with a lender, you’ll be able to submit your application and see if you’ve been approved for a short-term loan. If you want to contact the lender, you can go to the part of the page that says “How do I contact BadCreditLoans.com if I have a question?” You can find the company contact information there.

      As a friendly reminder, review the eligibility criteria of the loan before applying to increase your chances of approval. Read up on the terms and conditions and product disclosure statement and contact the bank should you need any clarifications about the policy.

      Hope this helps!

      With care,
      Nikki

  2. Default Gravatar
    Ray
    April 8, 2019

    I recently was notified of being approved for a high amount loan here in Florida by a company in California. The interest is right and loan using term is 36 months. So also seems right. But when I try to Google this company using their site on their paperwork nothing under their name comes back. What should I do with this?

    • AvatarStaff
      Jeni
      April 9, 2019

      Hi Ray,

      Thank you for getting in touch with Finder.

      You may check if this lender/company is registered on this government page. If not, you may then send your complaint on this page or here.

      This page is a good reference to protect yourself from two common scams you might encounter when applying for a personal loan.

      I hope this helps.

      Thank you and have a wonderful day!

      Cheers,
      Jeni

  3. Default Gravatar
    Jane
    January 8, 2019

    I started my application with Bad Credit Loans, however I don’t want to give out my employer’s phone number. I entered a fictional number. If they want proof of my employment I can email them my last pay stub (scanned).
    Some of the questions are very personal, and I am always afraid of scams. Another question they have on the application is about my checking account information. They say it’s for the lenders to know where to deposit the money IF I get approved (very fishy!)
    Should I call them directly, instead of finishing the application online?

    • AvatarStaff
      Val
      January 10, 2019

      Hi Jane,

      Thank you for reaching out to finder! It seems like you have already selected a lender for this. Online applications are secure so long as you go directly to the site of the lender. If you are half-hearted about completing the application online, then yes you can call them directly instead of placing fictional information that might affect the application.

      Hope this helps!

      Regards,
      Val

  4. Default Gravatar
    Leslie
    October 10, 2018

    Hi i need a loaf what’s the least credit score you guys approve. And if i get approved how do i pay back in small payments or one full

    • AvatarStaff
      johnbasanes
      October 11, 2018

      Hi Leslie,

      Thank you for leaving a question.

      You may need to directly contact badcreditloans.com regarding your queries since these are specific to the application process. You can email your questions to support@badcreditloans.com or call 1-800-245-5625 for more information. Hope this helps!

      Cheers,
      Reggie

  5. Default Gravatar
    David
    August 9, 2018

    I just applied for a loan got approved but noticed that my checking number was wrong. Tried going back to fix now I can’t! What do I do?

    • Default Gravatar
      joelmarcelo
      August 9, 2018

      Hi David,

      Thanks for leaving a question on finder.

      Sorry to hear. You can contact BadCreditLoans.com directly by clicking HERE. Please scroll down at the bottom of the page and you will see “Support”, click on contact us to show their contact info including phone and their email address. They should be able to fix this on their end.

      Cheers,
      Joel

  6. Default Gravatar
    Maria
    June 20, 2018

    Hi I was wondering like if I’m getting welfare and I need a loan can I get one

    • Default Gravatar
      joelmarcelo
      June 20, 2018

      Hi Maria,

      Thanks for leaving a question on finder.

      BadCreditLoans.com will approve you as long as you have regular income, either from full-time employment, self-employment, or disability or Social Security benefits. Please click HERE to get started with your application.

      If you are still looking to compare your options, please click HERE.

      Cheers,
      Joel

  7. Default Gravatar
    Kylee
    October 28, 2017

    If I just started a new job and have not yet got my first paycheck, is there any loan that would still accept me?

    • AvatarStaff
      Rench
      October 28, 2017

      Hi Kylee,

      Thanks for reaching out to us. Please note that we are not affiliated with Bad Credit Loans or any company we feature on our site and so we can only offer you general advice.

      Payday lenders are typically more concerned with your ability to repay the loan. You can provide proof of source of regular income to support your application.

      You can also have a look on this page and compare your options. Please click the name of your preferred lender to find out the details and the minimum eligibility. You may then click the green “Go to Site” button to submit your loan application online.

      Cheers,
      Rench

  8. Default Gravatar
    Chad
    September 1, 2017

    I am looking for a 5000 dollar loan need help

    • AvatarStaff
      Ash
      September 1, 2017

      Hi Chad,

      Thank you for reaching out to us.

      Kindly visit this page for the list of Lenders that offers loans from $5000 to $20000 even if you have bad credit rating. Kindly review first the Lender’s eligibility requirements and the loan details before submitting your application. You can click on the green ‘Go to site’ to be redirected to the Lender’s website.

      I hope this information helps.

      Let us know if there is anything else that we may assist you with.

      Cheers,
      Ash

  9. Default Gravatar
    Ct
    July 19, 2017

    What score average to get approved for 5000 loan..don’t wanna apply and get credit to drop even more if not a chance to get approved least 75 percent …my scores are Equifax 680 expedia 614 and trans u 582

    • AvatarStaff
      Ash
      July 20, 2017

      Hello CT,

      Thank you for reaching out to us.

      Generally, a good credit score would be between 680-719 – https://www.finder.com/whats-a-good-credit-score. Although your score would be below that range, you can still apply for a loan. You may want to discuss your loan options and eligibility to any of the lenders listed on this page – https://www.finder.com/personal-loans/bad-credit-personal-loans

      If you’d like to avoid enquiries on your file, best that you contact the lender first before sending your final application. Please note that the eligibility requirements would vary from lender to lender so please make sure to review the criteria. The amount you can borrow would also depend on their assessment of your financial situation.

      In case you’re interested in applying with Bad Credit Loans, please review the eligibility criteria and click on the ‘Go to site’ button above to be redirected to their site. Their phone number is also listed on their website.

      I hope this information helps.

      Let us know if there is anything else that we may assist you with.

      Cheers,
      Ash

  10. Default Gravatar
    Asilentvoice
    March 17, 2017

    What happens if you do not have a checking/savings account and will open one with the loan money? Paying by money order for now is how I am dealing with things. I have to open a new account as I closed my old one. Please advise.
    Thank you

    • AvatarStaff
      Harold
      July 16, 2017

      Hi Asilentvoice,

      Thank you for your inquiry.

      Payday lenders are typically more concerned with your ability to repay the loan than other factors like whether or not you have a bank account. If you can provide proof of income that supports that ability, they’re less likely to be concerned about your lack of a bank account. You may want to consider the lenders option here.

      I hope this information has helped.

      Cheers,
      Harold

Go to site