#2. Bad credit loans: Best for Emergency Loans

#2. Bad credit loans: Best for Emergency Loans

  • Free-to-use platform
  • Application process within five minutes
  • The company has a few lawsuits in their name
  • The terms of service will vary per lender

Customer Experience

Since the lenders decide the terms and conditions of the loans they give out, the customers often have to face higher interest rates than usual. Several major credit bureaus who act as lenders on the website also have a similar problem of predatory lending behavior.

Bad credit loans are yet another platform that you can use to connect with lenders who are willing to give you payday loans without a credit check. The company is not a lender themselves but provides the service of a website that has an algorithm that connects buyers with lenders.