This article discusses the best emergency loans, assessing several top instant loan services before providing a walkthrough on how to apply for an emergency loan in minutes.
Best Emergency Loans For Bad Credit – Quick Overview
- VivaPaydayLoans.com >> – Overall best for emergency loans with bad credit
- LowCreditFinance.com >> – Best for instant loans for bad credit
- GreenDollarLoans.net >> – Best for $255 Instant Emergency Payday Loans
- BigBuckLoans.net >> – Best for instant emergency loan without credit check
- CreditClock.net – Best for Same Day Instant Loans
- MoneyLenderSquad.com – Best For Instant Money Borrowing
- HeartPaydays.com – Best for $255 Emergency Installment Loans
- VeryMerryLoans.com – Best for Instant Emergency Cash
Get you an instant loan in 15 minutes after approval by choosing one of the providers above, or continue reading a brief appraisal on each. All these loan providers work with people who have poor credit history and who have been unemployed in the past.
Best Urgent Loans for Bad Credit – July 2022
1. Viva Payday Loan
– Overall best for emergency loans with bad credit
The top choice for best emergency loan provider is Viva Payday Loan. This provider offers up to $5,000 in funding and flexible repayment timelines of up to 24 months. Plus, the APR starts at just 5.99%.
The application process of Viva Payday Loan has been streamlined and takes two minutes to complete, decisions are made almost instantly. Lastly, this provider has no upfront fees or hidden costs, making the entire process highly cost-effective.
Pros:
- Repayment between 3-24 months
- easy application process
- APR from 5.99%
Shortcoming:
- Not available in some US states
2. Low Credit Finance – Best for Instant Loans for Bad Credit
spotlight wireLow Credit Finance is a provider of online emergency loans to support people with bad credit or low FICO scores. This provider offers same-day decisions and instant transfers, all with flexible repayment terms.
The APR ranges from 5.99% to 35.99%, and up to $5,000 can be requested through the user-friendly online portal.
Pros:
- Supports low FICO scores
- same day decisions
- User friendly application process
Shortcoming:
- loan is not guaranteed
3. Green Dollar Loans – Best for Quick Emergency Payday Loans
spotlight wireGreen Dollar Loans offers emergency same day loans upon approval with no upfront costs or hidden fees. This provider offers up to $5,000 in funding and no paperwork is required to be sent during the application process.
Applications take less than two minutes to complete, and lending decisions are made in minutes, with many applicants receiving funding on the same day.
Pros:
- quick loan decision
- no upfront fee
- no paperwork required
Shortcoming:
- The decision rests with the final lender
4. Big Buck Loan – Best For Instant Emergency Loan Without Credit Check
spotlight wireThose looking for emergency loans without a job can apply for funding with Big Buck Loans, a reputable provider that supports all FICO scores. With borrowing amounts ranging from $100 to $5,000, funds can be transferred in as little as 15 minutes.
The APR can be as low as 5.99% in some cases, and this provider also features several customer testimonials on their website, highlighting their positive experiences.
Pros:
- positive customer testimonials
- quick money transfer
- All FICO scores supported
Shortcoming:
- Unavailable in some US states
Note: Although Big Buck Loans does not perform a credit check, your credit may be checked by one or more of their lending partners and their third party credit bureaus upon submission of your request or at a later date. More information can be found in the Terms and Conditions.
5. Credit Clock – Best for same day instant loans
spotlight wireCredit Clock also offers emergency loans, wherein applicants are able to use an easy to use loan calculator to optimize their loan structure. Applications take a few minutes to complete, and loans can often be granted on the same day.
Like other providers, Credit Clock offers up to $5,000 in funding. These loans can be repaid in 3-6 months with APRs ranging from 5.99% to 35.99%.
Pros:
- useful loan calculator
- flexible repayment terms
- same day money
Shortcoming:
What are emergency loans and how do they work?
Emergency cash immediately is a type of short-term fund used to cover unexpected expenses. These expenses can be anything, such as medical bills, funeral expenses or repairs. In these cases, funds are needed immediately, for which emergency loans are prepared.
Emergency loans with no credit check may be available in some countries; However, in the US, most lenders will conduct a credit check to comply with prevailing regulations. Moreover, applying for these loans is easy and does not require any physical paperwork. In addition, various funding amounts are offered, and borrowers can also benefit from flexible repayment timelines.
How to Apply for Emergency Loan in Quick Steps with Viva Payday Loan
- Step 1: Choose your loan amount – Choose your loan amount ($100 to $5,000) and a repayment time frame (2-24 months).
- Step 2: Complete the application form – Complete the application form on the Viva Payday Loans website.
- Step 3: Wait for the decision – A lender will give you a decision within minutes or offer an alternative form of funding.
- Step 4: Get your loan – Emergency loans with bad credit can often be granted on the same day, assuming all the requirements of the end lender are met.
Emergency loan features and factors to consider
Some of the main benefits of applying for a jobless emergency loan are mentioned below:
All FICO Scores Welcome
People with a low FICO score or poor credit history can still apply for emergency loans faster, as providers do not discriminate about who can request funds.
easy application
While emergency loans without a credit check may not be possible, as US regulation requires lenders to conduct a credit check in most cases, this type of funding still has a seamless application process.
different amount of money
Top emergency loan providers (such as Viva Payday Loans) offer a variety of funding amounts, ranging from $100 to $5,000.
How were the above best emergency loan providers chosen?
The following criteria were employed when making this list of emergency loans for bad credit providers:
- No upfront/hidden charges
- digital application process
- Available funds limit
- All FICO Scores Welcome
conclusion
Finally, this article has taken an in-depth look at the best emergency loans, explaining which providers offer this type of funding and how you can apply for it today.
People looking for quick emergency same day loans can make their application using Viva Payday Loans. This provider offers up to $5,000 in funding and features a completely digital application process that can be completed in minutes.
frequently Asked question
How do I get same day emergency loan?
Requesting an emergency loan online can be done by partnering with one of the providers in this article, many of which can facilitate same-day transfers.
Is there a cost to apply for emergency cash immediately with bad credit?
The providers mentioned in this article do not charge any upfront/hidden fees, making the whole process cost-effective.
Which providers offer emergency loans for bad credit?
All the quick emergency loan providers mentioned above will support applications from people, regardless of their FICO score or credit history.
Disclaimer – The above content is non-editorial, and The Economic Times disclaims any and all warranties, express or implied, relating thereto, and does not warrant, confirm or necessarily endorse any content. The loan websites reviewed are loan-matching services, not direct lenders, therefore, are not a direct participant in the approval of your loan request. Requesting a loan with websites does not guarantee the approval of the loan. This article does not provide financial advice. If you require financial assistance, please seek the help of a financial advisor. Loan available to US residents only.