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Who Is Lending For Bad Credit? is an online loan aggregator that allows you to apply for a loan to many lenders by just filling in one application form. This saves you time and allows you to shop around conveniently. Lending For Bad Credit matches your profile and financial needs

Typical Loan that Lending For Bad Credit Loan Offers

The loan amount ranges from $100 to $40,000. The lenders in the network offer both short term and long term loans. You do need a minumum monthly income of $1,000 and have been with your current job for at least 4 weeks to apply.

While most of the loans offered are for medium to longer maturities, does work with lenders who specialize in lending to those with really bad credit. If you fall into this category, chances are that you will be offered only very short term loans of up to $1,000.

Requirements and Qualifications

To get approved for loan from lenders, you will need to at least meet the following requirements:
  • Monthly Income Above $1,000 - Your gross monthly income has got to be at least $1,000 but preferably above this amount.

  • Current Employment has to be at least 4 weeks - This is quite an important factor. You have to be working at your current job for at least 4 weeks. So if you are unemployed, this network may not be for you.

  • 18 Years Old - You have to be at least 18 years old to apply for a loan through Red Arrow Loans

  • Currently Employed or Have Steady Income - Red Arrow Loans has no minimum income criteria. But you must be currently employed or have benefits income.

  • Checking Account - Like all loan aggregators, you need a checking account to apply for a loan because that is how lenders will deposit your loan should you pull the trigger.

Loan Application Process

The loan application process is fairly simple. I tried filling it out and it took about 3 minutes. There are exactly 18 questions or information that you will have to fill in. After filling in all the required information (which will be sent to lenders who will lend to someone of your profile), you should receive offers from a few lenders. You should then take your time to look through the terms and conditions and if you are happy with it, you can accept the offer. The cash should be deposited into your checking account as soon as the next business day once you have accepted the offer.

These are the 18 questions or information that you will be asked to provide:

How much you would like to borrow? Purpose of the loan? Email Address, Date of Birth, How much unsecured debt you have? Estimate credit score, Employment status, How often you are paid? Monthly Income, Primary Bank Account - whether it is checking or savings account? Do You Have Direct Deposit, Address and Zip Code, Do you own your vehicle free and clear, Your military affiliation, Your Name, phone number and social security number.

I found it interesting that they do not ask for your bank account number and routing number. But you will eventually have to provide that to the lender you chose if you accept any offer.

lending for bad credit application


Loan Co Amount Excluded States Not Eligible Min Income Credit Score $100-$40,000 CT, NH, NH, VT No Military Personnel $1,000/m >N.A.
Red Arrow Loans $100-$40,000 N.A. Non-US Citizens N.A. >N.A
24/7 Loan Pros $1,000-$35,000 NY, VT, WV, AK No Military Personnel $800/m >540
100 Lenders $100-$40,000 CT, NH, WA, VT No Military Personnel $1,000/m N.A.
Zippy Loans $100-$15,000 NY N.A. N.A. N.A.
Viva Loans $100-$15,000 NY, WV, DC N.A. N.A. N.A.
Signature Loans $100-$35,000 N.A. N.A. N.A. N.A.
Next Day Personal Loans $100-$40,000 CT, NH, WA, VT No Military Personnel N.A. N.A.
Life Loans $100-$40,000 CT, NH, WA, VT No Military Personnel $1,000/m N.A.
Honest Loans $400-$50,000 NY No Military Personnel
No Federal Employees
$8,000/m N.A.
Excel Online Loans $500-$20,000 NY, DC, WV N.A. N.A. N.A.
Bad Credit Loans $100-$10,000 N.A. N.A. N.A. N.A.

As you can see from the table above, there are many loan aggregators available to consumers in the market. fares very well in a few aspects. Firstly, you can borrow up to $40,000. This is in contrast to some aggregators which limits the amount you borrow to $10,000, $15,000. You will also realize that many aggregators restrict applicants from certain states, but not accept applicants from all states. Some lenders only allow US citizens only and excludes military personel or federal workers. However, does not impose such restrictions.

Pros and Cons


  • Large range of loan amounts - allows you to borrow between $100 and $40,000.

  • Can Use Benefits As Income - Some lenders do not accept benefits as income. But does accept those of you who have only benefits as your income source.

  • Accepts both US Citizens, Permanent Residents and Legal Residents - Lenders from the network require a social security number to apply. That means that as long as you are a legal resident, you can apply for a loan through this network.
  • Process is Fast - The application process is fast, easy and relatively painless.


  • Does not accept applicants from certain states - will not accept applicants from the state of CT, NH, WA and VT.

  • Will not approve active military personnel - will not approve loan applications from active military personnel

Our Take

The is a loan aggregator that will appeal to most of you for a few reasons. Firstly, you can borrow anywhere between $100 and $40,000. Secondly, they accept applicants from most states (except CT, NH, WA and VT) as long as you have a social security number (that means legal residents who are non-US citizens can also apply).

You just have to be aware that thoguh they accept applicants of all credit types, if you credit score is really bad and if you have low income, then you might only be offer very short terms emergency loans of up to $1,000. These loans tend to have very high interest rates so you just have to be aware if you are offered these types of loans.

The one advice I would give is to look carefully at the terms and conditions of any loan you are offered and only pull the trigger if you are totally happy with it.