Best Non Payday Loans for Bad Credit

You never know when a financial emergency is going to pop up. Debt, divorce, marriage, funerals, hospital bills, car repairs, home repairs - the list never ends, and any of these could leave you struggling financially.

Most of us don’t have thousands of dollars to hand to deal with these costs, so a loan is the most common option. However, if you have a poor credit score, it can be difficult to find a lender that’ll accept you.

There are non-payday loan options out there even if you have poor credit. If you’re looking for a loan to help you out of a sticky situation, or you just want to see what options are out there for you, then keep reading for more information on the best non-payday loans for bad credit.



  • Can borrow amounts of up to $40,000
  • Get connected with multiple lenders in minutes
  • Can easily compare rates
  • Simple 3-step process


  • Credit score must be 600 or higher

With LendingClub, you can browse loans by different lenders to find the best one for you. It will take less than two minutes to compare these rates, and there’s no commitment until you’ve signed the documents.

The application won’t take long to complete either. You fill in the form once you’ve chosen a lender and read up on the details on the loan. You can then close the loan by signing the documents - and once everything has been verified, you’ll get the funds deposited.

You can borrow anything from $1,000 to $40,000, and the interest rates will vary depending on your credit score - the lowest APR being 6.95%, and the highest 35.89%. If your credit score is lower than 600, then you probably won’t get accepted - but don’t worry as there are more on our list that you could be eligible for.




  • Competitive rates
  • A great choice if your credit score isn’t the best
  • Ideal for smaller, more short term loans
  • Easy online process


  • Terms only up to 36 months which is lower than others

When you have poor credit, it can be super stressful trying to find a loan - but finding a reasonable loan shouldn’t be difficult with BadCreditLoans (as expected with their company name!). In fact, their motto is ‘we can help when other’s can’t’, which makes it a great last-resort option.

Typical with any lender, if your credit score isn’t great, then the interest rates won’t be either, with rates up to 35.99%. That being said, if you do have a good credit history, then you can take advantage of the generous 5.99% interest rates

The loan terms can vary between three months and three years, making it a perfect choice for smaller, short-term loans. You can borrow up to $5,000, which should be more than enough to cover medium-sized expenses.

They have plenty of information online too, which can help you protect yourself against scams, and help you to manage your finances.




  • Loans up to $35,000
  • No penalties for early repayment
  • Generous and flexible loan terms
  • Easy application


  • Need to have a minimum credit score of 580 is essentially an online marketplace, meaning you can browse through different loans from various lenders to find the right one for you.

Your credit score must be above 580 to qualify, which is pretty standard for bad credit loans. Depending on which loan you choose, you can borrow amounts up to $35,000 - and you’ll have quick access to the money too, which is perfect for emergencies.

Some lenders will charge you if you want to pay the loan off early, but there are no prepayment penalties with, which is always reassuring to hear.



  • No prepayment fees
  • May receive the funds as soon as the next working day
  • Great for both small and big loans
  • Can compare rates within two minutes of visiting website


  • Origination fee - 4.75%

Whether you need a smaller amount of $2,000, or a larger $35,000, Avant is a great place to start. You just need to visit their website, which has a simple design and an easy-to-follow process. You can view the rates within two minutes, and get the funds the next working day - which makes it an ideal choice for sudden financial emergencies.

It’s reassuring to know that there are no minimum credit requirements to apply - however, most customers have a credit score of at least 600.

Avant does charge an origination fee of 4.75%, which is typical of online loan marketplaces. The interest rates can vary from 9.95% to a steeper 35.99% - but the loan terms are generally pretty flexible, so your monthly payments shouldn’t be too daunting.