review | $500 - $5,000 loans | Is it legit? short-term loans review

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.

Keep your money safe when looking into short-term loans through this established service. has been helping borrowers with bad credit ever since 1998, and boasts being the “go-to” place for bad credit loans. It is free to request a loan from the website, and if you are approved but decide not to go through with a loan, there are no penalties. If you are approved and accept the loan, is happy to discuss the terms in as much detail as you are comfortable with, before you even sign.

Min Loan Amount$500
Max. Loan 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.
Application Fee$0


  • Apply at no cost and with no obligation.
  • Claims to practice responsible lending.
  • Private and secure.


  • Loans come with high interest rates.
  • Be at least 18 years old.
  • Provide proof of citizenship, such as a Social Security number, or legal residency.
  • Have a regular income, either from full-time employment, self-employment, or disability or Social Security benefits.
  • Have a checking account in your name.
  • Provide work and home telephone numbers.
  • Provide a valid email address.

How does work?

If you have poor credit, and are in an emergency financial situation, can help you get a cash loan quickly. Instead of lending you the money directly, the service finds offers from a lender, or lenders, that fits your needs.

You can request a loan on your own time, day or night. The company welcomes people with all credit scores. You can review the short-term loan offer presented without any fees or obligations.

Applying for a loan is simple. You’ll fill out the online loan request to potentially get a loan offer within minutes from the company’s network of lenders. The approved loan can be deposited into your checking account electronically, in as fast as one business day. You don’t have to worry about collateral or providing a security deposit for the loan.

State requirements vary, and you may not be eligible depending on your residence location.

Is legit?

Yes. is a legitimate online service that’s been connecting borrowers with short-term loans since 1998. Keep in mind, short-term loan laws are constantly changing as the state regulations around them shift. There are limits that restrict maximum loan amounts, interest rates and fees lenders can charge. Lawmakers often update these laws in an attempt to protect consumers, which means the laws in effect this month may differ next month. Be sure to compare lenders and rates before you sign a contract so you know you’re getting the best deal.

Is applying for a loan through safe?

Yes. uses industry-standard encryption technology to keep your personal and financial information safe when you apply online.

When you submit your information to, you agree to let it release that information to its network of lenders. The partner lenders and may contact you with promotions via email, phone or physical mail.

To fully understand what happens with your information, be sure to go over the privacy policy and fine print. If you don’t want your information shared with multiple providers, you may want to consider applying with one direct lender instead.

Four reasons to consider

  • No approval fee. It doesn’t charge a fee to approve your application. 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.
  • Fast approval. After you apply, you can receive approval for a loan almost immediately.
  • Safe and secure. The company uses data encryption technology to make sure your information is protected.
  • Quick funds. Your approved loan can be deposited into your account in as quick as one business day.

What to watch out for

While is a legitimate broker that connects borrowers with lenders, carefully review the terms and conditions from the lender you’re ultimately connected with.

Here’s what you should be mindful of:

  • High interest rates. While claims that its lenders offer APRs of up to 35.99%, some payday lenders can have interest rates over 1,200%.
  • Steep fees. Cash advances can add hundreds of dollars in fees to the original cost of the loan.
  • Risk of debt spiral. Consider short-term loans a last resort. If you take a loan that you can’t repay, you may need to refinance or roll over the remaining amount.
  • Your 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 a broker.

According to the Pew Charitable Trusts, every year nearly 12 million Americans take out short term loans. Repeat borrowers are so common that companies have started to take advantage of that by introducing rewards for regular borrowing.

With any loan, it’s important that you can repay it on time. Failure to pay on time and in full can result in additional fees and damage to your credit.

What fees does charge?

Applying for loans through is free. However, the loan provider you ultimately sign with will likely charge a financing fee on top of high interest rates. You’ll have access to the complete charges of a loan before signing through a loan offer document. Along with the terms of the loan, this document lists any penalty fees and charges you might have to pay.

If you find the fees to be too high, you are under no obligation to accept the contract.

More features to know about

  • Loan amounts and terms. You can request a loan from $500 to $5,000. Terms range from 3 to 60 months.
  • Not a direct lender. is not a direct lender, and instead connects customers with reputable lenders within its network.
  • Simple qualifications. keeps its qualifications minimal, so that even applicants who wouldn’t normally be approved elsewhere could get a short-term loan.
  • APR. A short-term loan from one of its partner lenders typically has an APR from 5.99%. Each lender in the network differs in terms of what it offers, and will determine the interest rate on your loan based on multiple factors. You can choose the repayment plan that best meets your needs.
  • E-consent. The company lets you provide electronic signatures for loan agreements, records and disclosures.
  • Convenient website. The website is open and accessible to applications 24/7.

How to apply

Applying online is simple, and requires applicants to meet the following eligibility requirements:

  • Be an American citizen, or a permanent resident of the US.
  • Be at least 18 years of age.
  • Have a source of regular income.
  • Have a checking account in your name.

The application is online, and requires the following information and documentation:

  • Full name, contact information, date of birth and Social Security number.
  • Credit type, reason for the loan and loan amount.
  • Information from a photo ID such as a driver’s license or passport.
  • Bank account information.
  • Employment and annual income information.

Frequently asked questions about

Back to top

Aliyyah Camp

Aliyyah Camp is a publisher for helping folks compare personal, student, car and business loans. When she's not helping people with their personal finances, you can find her going for runs outdoors.

Was this content helpful to you? No  Yes

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • 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 and .

16 Responses

  1. Default Gravatar
    DavidAugust 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?

    • finder Customer Care
      joelmarceloAugust 9, 2018Staff

      Hi David,

      Thanks for leaving a question on finder.

      Sorry to hear. You can contact 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.


  2. Default Gravatar
    MariaJune 20, 2018

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

    • finder Customer Care
      joelmarceloJune 20, 2018Staff

      Hi Maria,

      Thanks for leaving a question on finder. 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.


  3. Default Gravatar
    KyleeOctober 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?

    • finder Customer Care
      RenchOctober 28, 2017Staff

      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.


  4. Default Gravatar
    ChadSeptember 1, 2017

    I am looking for a 5000 dollar loan need help

    • finder Customer Care
      AshSeptember 1, 2017Staff

      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.


  5. Default Gravatar
    CtJuly 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

    • finder Customer Care
      AshJuly 20, 2017Staff

      Hello CT,

      Thank you for reaching out to us.

      Generally, a good credit score would be between 680-719 – 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 –

      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.


  6. Default Gravatar
    AsilentvoiceMarch 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

    • finder Customer Care
      HaroldJuly 16, 2017Staff

      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.


  7. Default Gravatar
    RokefoxFebruary 22, 2017

    I have a credit score between 450 – 500. Receiving social security on a permanent basis as well as supplementing with part time employment.

    Can I and will I be accepted for bad credit loan of $3800 for consolidation and rent?

    • finder Customer Care
      AnndyJune 17, 2017Staff

      Hi Rokefox,

      Thanks for your question.

      Yes, Bad Credit Loans may consider your application even if you have bad credit. Kindly note that other eligibility criteria apply.

      You may also compare other bad credit loans on this page.


  8. Default Gravatar
    DavidFebruary 11, 2017

    is there a loan out there for a person with income of 12,400 year i get benfits but credit score is real good

    • finder Customer Care
      AnndyJune 17, 2017Staff

      Hi David,

      Thanks for your question.

      If you are receiving benefits, you may compare your loan options on this page.

      Kindly review the eligibility criteria and the relevant terms and conditions of the loan before submitting your application.


Go to site