Requesting a bad credit loan with Friendly Lender is easy.
Fill out our form for a loan that best suits your requirements at our website and we’ll get started. Even if you have terrible credit, a low credit score, or no credit, Friendly Lender will transmit your request to our direct lenders, allowing you to obtain approval for your loan application even more frequently. We also have a team of specialists on hand to assist you in determining which loan is best for your needs.
Choosing the correct loan for you is critical since it will minimize the risk of default when repaying your loan within the term. If done intelligently, repayment inside the term can assist you to improve your credit score.
To request a bad credit loan, you will need a few things:
- some form of personal identification such as a driver’s license
- an open checking account that is in good standing
- an email address and phone number
- proof of consistent income
To show that you can pay back your loan on time if you have a bad credit score, lenders require evidence of a steady income. It’s possible that your credit score is deceptive and may indicate greater financial capacity than your income might suggest, but it takes time to improve.
Because the loan amount is deposited straight into your account, you will get access to the money faster than if a check was sent in the mail. That is why it’s so important to mail the check right away. There are no papers to misplace or worry about depositing.
Some lenders may say that they offer “no credit check loans” It is important for you to know that there is no such thing. Every lender does a credit verification, even if all they do is look at your pay stub to verify your employment. Even that is considered a credit check. Do not be fooled by companies that make this claim.