10 Best Direct Loan Lenders For Poor Credit With Guaranteed Approvals

l know you are looking for direct loan lenders that offer guaranteed approvals for poor credit. In this article, we will discuss the 10 best direct loan lenders that can help borrowers with various loans, including mortgages and car loans.

direct loan lenders for poor credit

How to Get a Loan With Bad Credit 

low credit scores don’t have to stand in people’s way of getting a personal loan to cover a consolidated debt or an emergency. People with bad credit (a FICO score of 629 or lower) may need extra work to qualify, but doing so can help them get approved and a lower interest rate.

5 Steps to Get a Personal Loan with Bad Credit

If you have bad credit, there are five easy steps that you can take to get a personal loan with bad credit.

1. Check your credit score

Every lender has a minimum credit score requirement, and people could be rejected if they don’t meet it. Many financial companies provide access to free credit scores and offer a free and detailed look at people’s credit behaviour over the years. This act may lead to finding errors on your report that will boost your credit once fixed.

2. Compare lenders

No two lenders have the exact requirements or rates, so it pays to compare different options. The best and most considerate bad credit lenders offer a rate people can afford and other helpful features like credit-building tools, fast funding, or a mobile app to manage loan payments.

3. Pre-qualify

Pre-qualification tells individuals what rate, loan amount, and repayment term to expect, and it doesn’t affect their credit score. It’s advantageous if individuals are trying to determine whether they qualify for a loan and want to compare the available offers. 

4. Add to your application

Secured loans and Co-signed loans can help people qualify or get a lower rate on loans. With a co-signed personal loan, the person standing for your credit score and income information is added to the application, and that person has to agree to pay the loan if you can’t. Secured loans let borrowers offer up collateral — a car or savings account — that a lender can take if the loan isn’t repaid.

5. Apply

 It will be helpful to gather the documents needed to apply for a loan beforehand to speed up the process. These include financial statements, W-2s, pay stubs, and your Social Security number (SSN). Some lenders give borrowers a decision the same or the next day after applying, but most will decide within a few days.

List of 10 Best Direct Loan Lenders for Poor Credit With Guaranteed Approval 

The 10 best direct loan lenders for poor credit with guaranteed approvals are:

1. WeLoans 

WeLoans is one of the reputable online networks that help get access to quick bad credit loans when people have a financial emergency.

The Platform makes the whole process snappy, so borrowers don’t have to wait too long before they get their money. Once borrowers fill out an online request form, they automatically get direct access to a large pool of potential lenders willing to offer them a loan regardless of their credit score.

In addition, the Platform has an approval rate above 94% for bad credit loans, so the chances of people matching with a reliable direct lender and getting their money the same day or the following day are high.


  • Same-day funding and Quick lender approval 
  • Competitive interest charges and reasonable loan terms
  • Top-level security/privacy
  • Different bad credit loans for borrowers to choose from.


  • Some lenders will require proof of reliable income before they approve people for a loan. 

2. US Bad Credit Loans 

US Bad Credit Loans is an online network that links borrowers with bad credit with direct lenders willing to lend the borrowers money instantly despite their poor credit history. The lenders that partner with this network don’t follow the eligibility requirements of traditional lenders.

Therefore, even with a no or poor credit score, people are likely to qualify for a loan between $50 to $34,000.


  • Variety of reliable/trustworthy lenders 
  • Quick lender approval/funding 
  • No delays as the process are done solely online
  • Bad/No credit is considered 


  • Most lenders will charge high interest for bad credit loans.

3. CocoLoan 

CocoLoan is a network that connects individuals with the low credit to lenders who offer bad credit loans. If people are experiencing financial emergencies and trying to figure out how to get a loan with bad credit, CocoLoan is the Platform ideal for them.

The network lists a network of trusted lenders who offer a variety of bad credit personal loans. To qualify, borrowers must submit their information online through the Platform’s secure website. After that, they will start receiving quotes from listed lenders, which they can compare and choose the one that works for them.

From there, the borrowers will sign an agreement with the lender whose terms they agree to and proceed to deposit funds to the borrower’s account.


  • Convenient 100% online services 
  • Reputable network
  • Quick funds transfer within a day
  • Straightforward process to save time 


  • Most lenders will require borrowers to show a source of income. 

4. iPaydayLoans 

Finding trustworthy lenders can be difficult and even more complicated when people have a low credit score. To resolve this, iPaydayLoans, a network that connects lenders to people looking for quick loans, can be of help to you. The network can quickly help borrowers find bad credit loans using its extensive network of lenders.

To protect people from scammers and lenders looking to rip people off, iPaydayLoans partners with only trustworthy money lenders who offer fair rates and extended terms. It gives borrowers ample time to pay back their loans.


  • An extensive network of reputable lenders
  • Top-notch security to keep borrower’s data and privacy safe
  • It offers a direct application process to save time
  • Competitive/low rates 


  • Some lenders perform soft credit checks. 

5. BadCreditLoans 

BadCreditLoans is an online network dedicated to helping clients with bad credit history find reliable lenders who can offer them loans. To ensure the clients get the best deal possible and their information is protected when applying for loans for bad credit online, they partner with federally regulated tribal lenders and state-licensed lenders.

To ensure borrowers always have access to quick loans whenever they are in a financial fix, this network operates 24 hours, 7 days a week, and offers its services online. Borrowers can find lenders who will process your loan application on weekends and at night.


  • Reliable customer service available 
  • The network is secured by advanced encryption technologies to keep borrowers safe.
  • Free-to-use Platform
  • Available 24/7 


  • Must have a bank account to qualify 

Read Also:

Top 10 Payday Loans That Accept Prepaid Accounts Online

How to Get $255 Payday Loans Online Same Day Deposit

How To Get Installment Loans For Bad Credit Online 

6. Check Into Cash 

Check Into Cash is a pioneer in the lending industry and a reputable direct lender of bad credit loans. If borrowers have a low credit score and are wondering where they can find bad credit loans near them, Check Into Cash is the answer. The network has over 640 loan stores across the country, and borrowers can check its website to find the nearest to them.

To make the loan application process more accessible, people can access loans through Check Into Cash online and get funds transferred to their bank account without leaving their house.


  • A reputable lender with years of experience 
  • Have a strong presence both offline and online
  • Direct money transfer to the borrower’s account
  • It offers a safe/confidential application process. 


  • Available to only the United State residents 

7. Fast Payday Loans 

Fast Payday Loans is a reliable network that connects potential people with moneylenders across the UK. The network lists lenders offering several types of loans, including bad credit personal loans people can use to renovate their house or fund a vacation. Some lenders will even help them consolidate their debt.

The network connects borrowers with lenders offering low APR loans starting at 5.99% and extended repayment terms of up to 6 years. The network panel of lenders is transparent with borrowers throughout the process.


  • Easy-to-use network/platform 
  • The service is 100% free
  • Lenders have no extra fees
  • Fast/direct funds transfer 


  • Some lenders conduct a complex credit search. 

8. Payday Loans UK 

Payday Loans UK is an online broker across the UK with much experience offering bad credit loans to borrowers with low credit. People can qualify for bad credit loans on Payday Loans UK with proof of income, and the company will approve their loan as soon as the same day they apply.

To get started, borrowers must submit their information and personal information through its secure network. Once approved, an agent will contact the borrower with the amount they qualify for and the loan terms. Borrowers then proceed to sign a contract and claim your funds.


  • No hidden fees are charged
  • Easy application/fast approval process
  • Offers different payment methods, including checks, direct bank deposit, and in-person collection 
  • Reliable customer support 


  • The interest rate may be high if the client has a bad credit score. 

9. US Installment Loans 

US Installment Loans is an industry-leading loan network that helps borrowers with low credit scores access loans with cheap repayment terms. The broker will offer borrowers bad credit loans they can pay back in instalments over some time, unlike payday loans or cash advance loans that require people to pay the loans back when they receive their paycheck.

The company has several repayment terms ranging from weekly to monthly. Even with bad credit, people can qualify for up to $35,000, which they will pay back in instalments.


  • Straightforward application process
  • User-friendly website
  • Direct funds transfer to your bank account
  • No additional fees 


  • Must be a US resident to qualify 

10. US Title Loans 

US Title Loans is an online network and broker that links people with low credit scores to 100s of bad credit moneylenders on their Platform. Whether individuals are looking for personal loans for bad credit or any other type, the Platform will help you find lenders offering instant loans.

Borrowers must complete an online application to apply for a loan on the US Title Loans platform. The network will let lenders send offers and allow borrowers to select the one that suits their needs. The final step is signing an agreement with the lender, who will proceed to release funds directly to the borrower’s bank account.


  • Easy submission/application process 
  • High Approval rate 
  • Military level encryption to keep financial data private 
  • Fast decisions from the lenders 


  • Borrowers must have a bank account to receive funds. 


Q. What is the easiest loan to get with bad credit?

A. The most accessible loans to get approved for would probably be payday loans, car title loans, pawnshop loans, and personal instalment loans. 

Q. Can you get an unsecured loan with bad credit?

A. A personal loan for bad credit is the same as a standard personal loan but offers options for borrowers with credit scores below 580. 

Q. What type of loan can you get with bad credit?

A. Bad credit loans are personal loans from lenders that work with bad credit borrowers. 


Direct loan lenders are a great option for people with poor credit who want to get a loan. Some of the best lenders offer guaranteed approvals, so you’re sure to receive a loan without any hassles.

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