Requesting a bad credit loan with Friendly Lender is easy.
Simply visit our website and fill out the form for the loan that you feel suits your needs. Friendly Lender sends your request to our direct lenders, giving you more chances to receive an approval for your loan request, even if you have bad credit, a poor credit score or no credit at all. We also have a team of experts available to help you determine which loan might be the best fit for your situation.
Choosing the correct loan for you is important because this will ensure that you are less likely to run into trouble when repaying the loan within the term of your agreement. Repayment inside the term can help you rebuild your credit score if done with careful thought.
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
Proof of a consistent income is needed to let the lenders know that you can repay your loan on time, should you have a bad credit score. If you receive a steady income, it can reflect better financial capability than your credit score might show and your credit score is sometimes slow to improve.
Banking account information is required so that the direct lenders that Friendly Lender works with can deposit the loan amount directly into your account, which means you will get access to the funds quickly than if a check was sent in the mail. This way, there are no documents to lose and no need to worry about depositing the check yourself.
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 paystub to verify your employment. Even that is considered a credit check. Do not be fooled by companies that make this claim.