Best Emergency Loans For Bad Credit Score In 2021: Top List Of Online Payday Lenders To Get Urgent Loans For Bad Credit


Unexpected expenses like car repairs, medical bills, school fees, job loss, unplanned home expenses or bills, weddings, and vacations – financial emergencies come in different forms. Sadly, a financial crisis is something that we may have to deal with once in a while, no matter how financially disciplined or independent we may be.

What’s worse is that securing funds to offset our financial emergencies may be a hassle. And it gets worse when you have a bad credit score. Hence, if you find yourself searching for emergency loans with bad credits, you are not alone. 

So, what do you do in case of an emergency, yet ignoring the issue is not an option? While emergencies can be a great source of stress, you shouldn’t budge into accepting just any offer on the table. There are many ways to manage your struggles without the hassle of high-interest rates, undesirable repayment periods, lengthy waiting periods, or loan amounts. 

Fortunately, we combed through a long list of online platforms that connects people like you to an extensive network of loan lenders and lending partners. With these emergency loans, you can be sure to access your funds in time to deal with the emergency, enjoy decent Annual Percentage Rates (APR), and if you meet the requirements, and receive funds directly to your account within one business day. We also considered platforms that allow you to initiate the process from start to finish, all at the comfort of your home. 

In this guide, we explore the top four online lending companies. Let’s dive in. 

2021’s Top Emergency Loans With Bad Credits (Full Review)

#1. MoneyMutual: Overall Best Loan Company For Emergency Loan With Poor Credit Score

#2. Bad Credit Loans: Top Rated Direct Lender For Bad Credit Loans

#3. Provides Best Fast Cash Emergency Loans

#4. Personal Loans: Best Payday Lender For Personal Loans

#1. MoneyMutual: Overall Best Loan Company For Emergency Loan With Poor Credit Score

MoneyMutual is an online platform established in 2010 with the goal of offering financial resources to help individuals tackle financial challenges brought about by life. They remove the barriers of choosing a lender by saving you time, confusion, and frustration. 

It provides a marketplace that connects potential borrowers and potential lenders. Thus, it cuts down on the time you spend waiting and searching for lenders so you can access funds needed faster. 

Being a short-term loan platform, its lenders will offer a loan of up to $5,000. However, you have the option of finding another lender as long as you are approved and are a responsible borrower. Other than short-term loans, you will also access other loan products and services, including cash advance loans, payday advances, lines of credit, title loans, and more.

MoneyMutual is a member of the Online Lenders Alliance that supports them in offering you best practices and standards, and education in the short-term loan industry. These measures make them reputable and trustworthy. 

Furthermore, they boast of serving more than two million customers. Therefore, you can be sure that they will meet your financial needs. MoneyMutual promises to stand by you in tackling whatever life throws at you, from medical bills, school fees, unexpected auto issues, and more. 


Loan for Any Reason: The company connects you to a marketplace of lenders, making it easy to access funds for various uses from medical bills, car repairs, travel, or any other emergencies.

Fast and Convenient Services: MoneyMutual lets you go to one place, complete a simple yet secure form then get connected to a network of lenders. The process takes you only about five minutes, and you can access the money in your account within 24 hours. 

Loan Amount: The lenders will offer you a payday loan between $250 – $5,000 depending on various factors such as your income and tenure.  

Repayment Terms: The lenders on the MoneyMutual network offer payday loans at different terms and conditions. Your lending partner will determine the repayment period, rates, and charges. You are not obligated to accept any terms. Instead, you can select a loan offer that meets your needs. If you do not find an offer that suits you, you can always resubmit your application for a chance to find a different lender. 

Resourceful: MoneyMutual is an incredible resource for financial information. Its website is comprehensive, thus giving you vast information to make informed decisions. 

Information Protection: MoneyMutual uses encryption and regularly scans its site using TrustedSite to ensure your data is safe. 


  • No initial fee
  • Simple application process
  • Offers a variety of financial products and services
  • Exceptional reputation and trust from customers
  • Secure platform 
  • 24 hours turnaround


  • Low loan limit 

=> Click here to visit the official website of MoneyMutual

#2. Bad Credit Loans: Top Rated Direct Lender For Bad Credit Loans

Bad Credit Loans understands that you won’t always have a spotless minimum credit score or perfect spending habit. They will offer you up to $10,000 as a quick fix whenever you run into bad luck or to survive as you wait for your next paycheck. All you need is proof of citizenship, be 18 years and above, full-time employment, an active checking account, telephone number, and a valid email address.

Like most online platforms on our list, Bad Credit Loans is also not a lender; thus cannot control the decisions and terms offered by its pool of lenders. However, you will benefit significantly from the information they provide to you to select a partner that suits your needs confidently. 

It also ensures you can conveniently access services. You can access the loan request process online, and it requires only three steps: fill a request form, get reviewed by the potential lenders, and accept the loan terms and conditions once approved. 

If you do not secure a loan offer, the company goes a step further to connect you to other credit-related products and services. You will also benefit from debt relief and credit repair services. 


A vast network of lenders: Bad Credit Loans shares your loan request with a multitude of lenders and lending partners, thus increasing your chances of securing funds. Some of these partners can offer you a line of credit if you need extra financial backing. Furthermore, the company will connect you to other lenders’ ads and credit-related services and products if you do not secure an offer from their network of lenders. 

APR: Although the rates may vary depending on the lender and the information you give, Bad credit Loans lenders often have an APR in the range of 5.99% to 35.99%. 

Repayment Term: The loan repayment term is generally between three months to 72 months, depending on the lender and type of the loan. 

No charges: Bad Credit Loans offers its services without charging its users. You are also not obligated to accept any terms from lenders. 

Secure and Confidential: Bad Credit Loans ensures your information is safe thanks to the advanced encryption technology they use. 

Every Occasion Loan: Do you want to get an emergency loan to clear a medical bill, school fees, buy a new car, or pay for a vacation? Bad Credit Loans promises to offer you funds for whichever reason.  

Offer more than Just Loans: Other than giving you access to easy, fast, and secure loans, Bad Credit Loans also offers tons of information on their website to ensure you do not fall prey to any scams that might cost you money. You will also benefit from online resources or an opportunity to join their community events and charity initiates. 


  • A vast network of lenders: including state and tribal lenders
  • No charges for services
  • Offers 24/7 services
  • Privacy and security 
  • Straightforward process in three steps
  • One business day turnaround


  • High APR 

=> Click here to visit the official website of BadCreditLoans

#3. Provides Best Fast Cash Emergency Loans is another platform that offers safe, secure, and discrete loans in time to deal with whatever financial crisis that life throws at you. 

Some of the minimum requirements you have to meet include being 18 years or older, being a US citizen or a permanent resident, having a checking account in your name, and having a steady monthly income of at least $1,000 after taxes. You also need to provide contact details such as your phone number and email address. 

The process is also relatively straightforward. First, you fill an online form. You will then be connected to a lender to review the offer. You will have to submit further information to the lender to finalize the application process. Once completed, the funds will be deposited into your bank account as soon as the next business day. 

If you do not secure a loan offer, you still have the opportunity to access debt relief, credit repair, or other financial products and services. 

The loan repayment process is also as easy as accessing the funds. The lender can withdraw money from the account they deposited money into once the due date reaches. If you are down on funds and cannot repay in time, you can contact the lender for an extension to avoid ruining your credit score. 


Network of lenders: connects you to a network of lenders to give you the freedom to analyze the terms and conditions to select the most favorable loan offer. 

APR: Most of the lenders within the network of lenders by offer APR ranging from 5.99% to 35.99% and vary based on your qualification. 

Loan Duration: The loan repayment period for most lenders on the platform is between three to 72 months. 

Loan Amount: With, you can receive from $1,000 to $10,000 in your checking account within one business day. 

Data Protection: You won’t have to worry about your data’s safety with The company uses industry-standard encryption and takes extra security caution to ensure the information you give is protected.


  • No upfront fee or other costs 
  • Fast and convenient
  • Large pool of lenders
  • Safe and secure 
  • Complete form in four easy steps


  • $1,000 per month income requirement  
  • High-interest rates 

=> Click here to visit the official website of CashUSA

#4. Personal Loans: Best Payday Lender For Personal Loans

Personal Loans is an online service that offers individuals with bad credits an easy and convenient way to access emergency funds. It boasts an extensive network of third-party lenders. If you meet the requirements, you can be lucky to access an impressive loan amount of up to $35,000.

You can access the services wherever you are, including the comfort of your home or office. You can also access the services through your mobile phone. 

We also found the Personal Loans loan process to be relatively straightforward. First, you will be required to fill an easy-to-access online loan request form. The information needed includes the amount of money you wish to borrow, the reason for borrowing, your credit type, and personal information that will enable the lenders to make an informed decision. 

Once your offer is approved, the platform will redirect you to a page with the loan details, including the repayment amount, repayment period, and loan terms and conditions. If you agree with the terms, the funds will be deposited directly into your bank account. The process might take between one to five business days, depending on your eligibility and preferences. 

However, in case you do not secure a lending partner, you shouldn’t lose hope. Personal Loans will connect you to advertisements from other lenders, credit repairs and debt relief offers, or other credit-related services. 

Overall, if you are looking for a hassle-free online service to help you in any financial situation, Personal Loans may be the best option.       

However, note that this is not a lender or broker but just a platform to connect you to the partners. Thus, you should not expect Personal Loans to be involved in the decision-making process.                  


  • A Vast Network of Lenders and Lending Partners: Personal Loans boast an extensive network of lenders. Generally, a large pool of lenders increases your chances of successfully securing a loan and offers you the flexibility to select one that suits your desired terms. 
  • Extensive Repayment Period: Personal Loans offer borrowers an extensive repayment period to suit their budget. The period ranges from 90 days to 72 months and may vary depending on the lender’s terms. 
  • Multiple Use: The platform offers loans to everyone and for any occasion. You can request emergency fund for a medical emergency, home renovation, car repair, a vacation, and so on. 
  • Impressive Loan Amount: Personal Loans also stands out for its remarkable loan offerings. You can borrow a minimum of $1,000 and a maximum of $35,000. That is the highest amount on our list. 
  • Secure: The online service uses advanced data encryption technology to ensure that your information is safe. You can give the required data without worrying about it getting into the wrong hands. 
  • Annual Percentage Rate: APR range for Personal Loans is different from lender to lender. However, the general range is from 5.99% to 35.99%. 


  • Vast network of lenders
  • Loan request amount of $1,000 – $35,000
  • Straightforward process
  • No hidden charges or upfront fees
  • Fast delivery: of up to only one business day
  • Convenient online access
  • Secure 


  • Relatively high APR

=> Click here to visit the official website of PersonalLoans 

How We Made This List Of Emergency Loan Companies

So, you may ask, how did we settle for the top four money lending companies? First, we conducted extensive research on the various online money lending platforms for emergency loans with bad credit and then created a list of all the lenders.

We then looked at the offerings for each firm individually and compared them with what other companies offer. The main factors of consideration included the turnaround time, process simplicity, convenience, customer satisfaction, charges or fees involved, loan amount, and repayment terms. These factors helped us to narrow the list further to about ten companies. 

We went a step ahead and removed a few more companies from the list and were left with the top 4 emergency loans with bad credits in the US today. 

The Factors We Considered 

Here are some of the things we looked for when narrowing down our list of top emergency loans with bad credits. 

  • Charges or Fees: We understand that you are at a bad place financially; thus, you do not need the extra stress. That’s why we only considered those companies with no hidden charges or service fees when narrowing down our list. 
  • Ease of Access: Your time is valuable. We only selected online services to allow you to access funds from wherever you are. Furthermore, it takes only minutes to complete the online form. 
  • Other Services Offered: Sometimes, you need more than just a loan. You want a partner that will go a step further and offer you helpful information to compare various lenders and make an informed decision comfortably. It is also helpful if the service provides online financial resources and tips to update you on the industry standards—that is why we narrowed our list down to these four online services. 
  • Turnaround Time: Time is not on your side. Emergencies need to be handled as soon as possible. We understand that, and that is why we considered companies with the best turnaround time when creating this guide. Most of them promise to deposit the funds in your account within one business day. 
  • Loan Requirements: Although most lenders on these companies’ networks may accept loan requests from individuals with any credit score, some lenders need basic requirements to process your request. What is required includes an ID to prove that you are 18 years or older, residency information, income details, bank account details, credit type, and personal contacts.  

Important Factors to Consider When Choosing Emergency Loans for Bad Credits

Sometimes we find ourselves in a financial crisis, and a quick emergency loan may come in handy. However, this does not mean that we should settle for just anything. Beware of scams that can leave you worse than your current situation.

But how do you ensure that you are dealing with a legit loan service provider? We have covered the crucial factors to consider when selecting emergency loans platforms in our list below.

Access to a Network of Lenders

We considered services that connect borrowers to a vast network of lenders and lending partners. This way, you can be sure to secure the funds you need. Additionally, you also get the freedom to select a lender that best suits your needs regarding the terms and conditions offered. 

This saves you the time and hassle of finding the lenders then making multiple applications on the different websites. At times you might even have to wait in line to access the services. However, working with an online platform with a network of lenders helps to solve this issue.

Loan Amount

When you find yourself in a financial emergency, you might need all the money you can access. Therefore, it is helpful if you can access a loan amount that you can use. Be sure to review the terms based on the financial need so you won’t have to make multiple loan requests.

Annual Percentage Rate

APR is the loans’ annual interest rate plus any extra charges by the lender. We recommend that you carefully analyze the rate offered by the lender and ensure that it is reasonable and within what you can afford before appending your signature on the agreement. 

Company Reputation

Online financial activities are easily prone to fraudulent activities. We, therefore, recommend that you stay on top of the game when making an online loan application. Be careful not to disclose too much personal information. 

Additionally, be on the lookout for any hidden charges and peruse through the terms and conditions, word for word, and ensure that everything is in order. Do not be lured into making any fast decisions. Other than losing money, you also don’t want your sensitive information in the wrong hands.

Customer Satisfaction

Fortunately, it has become simple to access customer reviews on most companies. You can get crucial information such as whether the service meets clients’ needs and any red flags from the user reviews.

A happy customer is most likely to come back and give the company a positive review. Likewise, an unsatisfied customer will also provide reviews on their unpleasant experience that could help you make a decision that you will be thankful for later.

Repayment Terms

Another essential factor to consider before signing off the agreement is the repayment conditions. The terms include the repayment period, APR, and charges and will vary from lender to lender. Take time to go through the lenders’ repayment terms and conditions and ensure that they align with your expectations. 

Data Protection

Knowing your personal information is safe gives you peace of mind. All the personal information you are sharing can be catastrophic if it lands in the wrong hands. 

Take time to understand the measures the company takes to ensure your information is safe and secure. You can find most of this information on their website. In case you don’t see it, feel free to call them and ask. 

FAQs About Quick Emergency Loans for Bad Credits

  1. How soon do I get the loan requested?

The waiting period may vary from lender to lender. Generally, once the loan request is approved and you accept the terms, the lender can send the agreed amount to your bank account as soon as one business day. 

Remember that it may take longer to receive the funds if your loan acceptance falls on a weekend, holiday, or any other non-business day. 

The period will also depend on factors such as your eligibility and reason for borrowing. 

  1. Why should I use an online service provider instead of working directly with a lender?

Online services offer you a platform to access a network of lenders. The services are beneficial as it saves you the time and hassle of waiting in line and increase your chances of finding a suitable lender. Imagine the effort required to send your requests individually on several websites when you can access all of them with one form.

  1. What determines my credit score? 

Your credit score is impacted by various factors, each with a different weight. The factors include how much money you owe, your repayment history, length of credit history, credit types mix, and new credit accounts. 

  1. What is considered to be a poor credit score? 

There is no single answer to this question. This is because lenders often use different credit scoring methods, and some will use internal guidelines. 

However, most lenders will rate you using the FICO scoring model. Here, a low score means a high risk to lenders. The score ranges between 300 to 850. A score of 669 and below is considered not to be a good credit score. A score of 580 to 669 is fair, while a score of less than 580 is poor. 

Keep in mind that lenders may also use different scoring models depending on the loan type. 

  1. What does APR mean?

The Annual Percentage Rate (APR) refers to the rate at which the loan attracts interest. The rate is impacted by the loan amount, terms, the repayment period, and repayment amounts. Your credit score, credit usage, and history might also affect the rate. APR ranges from lender to lender. 

  1. What happens when I am late on my repayment?

Things happen. It is common to find yourself late on a repayment, but you should communicate with your lender beforehand. Contact your lender as soon as you notice that you may not be in a position to make your payment. This may allow you to discuss and agree on an extension or more favorable repayment terms.

If you are late on a payment, you may attract extra charges and end up paying more than was anticipated. We also advise that you check your lender’s website for information on how they handle late payments or default on loans. 

  1. Why do some lenders ask for my employer’s phone number? 

Some lenders may want to contact your employer to confirm your employment status to be sure that you can repay the loan. You shouldn’t be worried, though. They generally would not discuss your current financial situation with your employer. 

  1. What is a personal loan? 

A personal loan is an emergency loan meant to meet your individual needs. You can use them for various reasons, including medical emergencies, school fees, home renovations, motor repair, booking a vacation, and other personal loans. The loans have a specified repayment period with scheduled installments. 

  1. How do I know if it is safe to share personal information? 

Most online financial services providers use data encryption alongside other technologies to ensure your information is safe. However, first, research more on the firm to ensure it is legit. Additionally, always be sure to countercheck on the company’s website and customer reviews before giving out your personal data. 

  1. What are the basic eligibility requirements to secure an emergency loan with bad credit? 

Some lenders will give you a loan no matter your credit score. However, certain information is critical for them to decide whether to provide you with the loan or not. They are quite simple and few. 

The requirements include an ID to confirm that you meet the minimum age requirement of 18 years and are a permanent resident or a US citizen. Furthermore, you have to have a steady source of income, a bank account in your name, and be in a position to share your work and home phone numbers as well as a working email address. 

Conclusion: Which Is The Best Emergency Loan Company To Provide Urgent Loans For Bad Credit?

Accessing a lender can be confusing, frustrating, and time-wasting, especially if you have bad credit. 

Not all of us have a shiny credit score or a spotless spending habit. Sometimes, we just stumble upon bad luck or situations that are out of our control. It would be best if you did not let that one emergency throw you off, yet there are various emergency loans for people with bad credits in the market that can sort you out within a day. 

Yes, you heard that right. In this guide, we have highlighted the top four online platforms for emergency loans with bad credits. And we highly recommend you Money Mutual. All of them offer to connect you to a vast network of lenders, and the option to assess the loan offers to select the most suitable one. 

So, if you are stuck with bills and your credit score is not helping, the solution might just be a few clicks away.

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