A connection service for individuals with bad credit.
- Best for borrowers with bad credit looking to find a lender.
- Pick something else if you have good credit.
Max. Loan Amount
Up to 35.99%
Min. Credit Score
Kellye Guinan is a seasoned financial writer with over 500 articles under her belt spanning all things loans from auto to personal to business and everything in between. With four years in the field and five years of research experience, she's able to make complex personal finance decisions easier for everyday people to tackle. When she's not up to her knees learning about the latest trends in lending, she spends her time improving her own financial literacy and expertise.
GotLoans.com primarily works with borrowers who have bad credit, which means you might face a high APR if you’re connected with a lender. It’s a connection service for borrowers who haven’t had luck with other lenders. And its online form is thorough to help you find a lender that will be able to fund your loan.
But there are some negatives. Its website has no clear-cut contact information, and your information may be sold for marketing purposes.
Before deciding on a personal lender it’s always important to compare your options, so that you know that you’re getting the absolute best deal.
Is GotLoans.com legit?
How much will this loan cost me?
Using GotLoans.com to get connected with a lender won't cost anything. However, the lenders in GotLoans.com's network will charge an APR up to 35.99% — the legal maximum allowed for personal loans in most states. When you apply with a lender, it will outline the total cost of your loan and go over your monthly repayments.
You can borrow anywhere from $100 to $5,000. But keep in mind that the more you borrow, the more you'll have to repay, especially if you're stuck with a higher APR.
Use our calculator to determine your potential repayment based on your desired loan amount and term.
Monthly repayments calculator
Calculate how much you could expect to pay each month
|Loan terms (in years)|
How pricing works
While there are no fees to use GotLoans.com, your lender will charge interest. The exact APR you receive will depend on any fees you need to pay as well as your income, credit score and overall financial situation. The better your credit, the more likely you are to score a lower APR.
What do I need to qualify?
You will need to meet these basic requirements to qualify with a lender in GotLoans.com's network.
- Monthly income of at least $1,000
- Employed at least 90 days
- Valid email address and phone number
- At least 18 years old
- US citizen or permanent resident
What information do I need to submit?
GotLoans.com requires you to submit quite a bit of personal information in order to get connected with a lender.
- Estimated credit score
- Date of birth
- Social Security number
- Driver's license number
- Bank account number
- Next pay date
Pros and cons
Using a connection service like GotLoans.com can be convenient, but you should be aware of its drawbacks.
- Loans as small as $100 available
- Bad credit OK
- Turnaround in as little as one business day
- Fees and loan terms aren't transparent
- No clear contact information
- Lenders may offer APRs up to 35.99%
- May sell your personal information
See other personal loan options
To check out more options before signing up, check out other lenders and compare rates, terms and more.
Does GotLoans.com get good customer reviews
|Trustpilot score||3.2 out of 5 stars, based on 1 customer reviews|
|Customer reviews verified as of||11 September 2020|
GotLoans.com doesn't receive any solid ratings — not uncommon for a connection service — and the one rating on Trustpilot doesn't read as genuine. Instead, check the reviews for the lender you're connected with to make sure it's legit and that other customers haven't run into any significant problems in the past.
How do I fill out the online form?
To be connected with a lender, follow these steps:
- Visit GotLoans.com by clicking the Check my rates button.
- Select the amount you would like to borrow.
- Select your estimated credit score.
- Enter information about yourself, including your contact details, date of birth and driver's license number.
- Enter information about your employment, income and next pay date.
- Provide your bank account number, routing number and Social Security number.
- Review the disclosures and click Request cash.
What happens after I submit my information?
It may take a few minutes to process your request. If GotLoans.com is able to connect you to a lender, you will be redirected to its website to complete your application. From here, be sure to review the lender's terms and that your loan fits your needs.
How do repayments work with GotLoans.com?
Because GotLoans.com is a connection service, you won't pay it directly. Your lender will have its own repayment terms that you should review before you agree to borrow. It should also include any fees or other costs you might have to pay for late or missed payments.
If you run into any problems or are unable to make a payment, contact your lender directly.
GotLoans.com can connect you with a lender that may be able to work with you. But if you want to avoid having your information sold, it may be better to compare personal loans from direct lenders instead.