Chase Bank Personal Loans for Bad Credit

Personal Loans

Chase is the go-to bank for a lot of borrowers for many reasons, so it’s only natural people want to take out a personal loan from them. However, as great as Chase is, they don’t currently offer personal loans, regardless of what your credit score is.

Fortunately, there are some great lenders out there that do offer personal loans for bad credit borrowers. Plus, most of them offer unsecured loans, so you won’t have to put your car or house on the line just to get a simple personal loan. Even if you need an amount as high as $35,000, your house and your car aren’t in any danger.

You won’t be able to get a personal loan through Chase, but below you will find the best alternatives for people with bad credit.

MoneyMutual

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  • Loan Amount
    Up to $5,000
  • Loan Term
    Varies
  • APR
    Varies

Features & Benefits

  • Application takes less than 5 minutes
  • Get a decision on your loan within minutes
  • Funds are available within 24 hours
  • Trusted by more than 2,000,000 borrowers

MoneyMutual is an online marketplace of lenders. They make it quick and easy to find a short term cash advance loan in as little as 24 hours.

One application can potentially get you multiple loan offers. MoneyMutual has been trusted by more than two million customers. They serve borrowers with bad credit from all 50 states except New York and Connecticut.

CashUSA

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Features & Benefits

  • Flexible borrower requirements
  • Loan request can be approved within minutes
  • Money deposited as early as 1 business day
  • All credit types accepted

CashUSA connects borrowers with lenders. Each application is sent to the lender most likely to lend to the borrower. Because it works with a variety of credit profiles, it is not only a poor credit loan broker.

Interest rates vary depending on the lender, so make sure you read through the terms for each emergency loan before you choose. Applying online only takes a few minutes, and funds are often available the next day.

BadCreditLoans.com

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  • Loan Amount
    $500 – $10,000
  • Loan Term
    3 – 60 months
  • APR
    5.99% – 35.99%

Features & Benefits

  • No cost to check loan approval
  • High approval rate despite credit history
  • Funds available as soon as next business day
  • Assisting people with bad credit since 1998

Bad Credit Loans is an online lender marketplace that allows you to connect with multiple lenders by filling out a single application. The service is 100% free.

Once you’re approved, your lender will provide you with the APR, loan fees, and other terms. Read through the terms, compare all the offers you’ve received, and only accept the loan you’re most comfortable with. You are not obligated to accept the personal loan from any lenders that you are matched with.

PersonalLoans.com

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  • Loan Amount
    $1,000 – $35,000
  • Loan Term
    3 to 72 months
  • APR
    Varies

Features & Benefits

  • Multiple loan types available
  • Fast loan decision
  • Funds deposited as soon as you accept an offer
  • Nationwide availability

You can get a loan through PersonalLoans.com with credit scores as low as 600. Each lender in their network offers its own unique interest rates.

The quick and easy online application only takes minutes. You’ll have a decision within a business day of submission.

Avant

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  • Loan Amount
    $2,000 – $35,000
  • Loan Term
    24 to 60 months
  • APR
    As low as 9.95%

Features & Benefits

  • Fast approval
  • Funds available next business day
  • Trusted by over 600,000 satisfied customers
  • No prepayment fees

Avant is a direct lender that specializes in borrowers with bad credit. Loans are frequently used to consolidate debt, but Avant’s shorter-term loans also work for financial emergencies.

Most users report an average of a 12-point increase in their credit score within six months of taking out a loan. An installment loan that reports to the credit bureaus can be an effective way to repair your credit each month.

Get Matched with a Lender

Once you fill out the secure form online, each broker listed above matches you with lenders that are willing to work with you. The amount of your loan and interest rate will depend on several factors like which lender your matched with and the state you live in. Some other factors include your credit score, age, and income.

Receiving Funding in 1 to 5 Business Days

Some online lenders don’t even need a full day, but you’re guaranteed to have the funds in your bank account in one to five days. Keep in mind that monthly payments will automatically be withdrawn from the same account afterward throughout the entire term of your loan.

Compare Interest Rates and Repayment Terms

Some lenders insist on receiving payments every two weeks, while others only require payments once a month. Interest rates and fees will also vary depending on the lender you’re matched up with. All information is provided to you before you agree to the loan, so be sure to read through the loan terms and conditions of the agreement before you accept any funds.

Find a Lender Besides Chase

It can be difficult to get a personal loan with poor credit, however, with the loan brokers listed above, you have some good options to choose from. If you’re able to get a personal loan with a lower interest rate than what your credit cards are currently at, it might be a good idea to use it for debt consolidation. Paying off credit card debt with higher interest rates can save you a lot of money in the long run and help you go from bad credit to good credit faster.