bad credit loans online

Can I Apply For Bad Credit Loans Online?

Bad credit loans tend to be short-term loans that allow those with fair or poor credit scores to access money when they need it most. If you are in a similar financial situation, you might find yourself pondering whether you can apply for bad credit loans online. Fortunately, we are going to answer that question in-depth in the following sections. 

Can You Apply For Bad Credit Loans Online?

We are sure you will be pleased to know that you can indeed apply for bad credit loans online! In fact, it's undoubtedly the easiest way to secure loans when you have bad credit. 

But let's take a moment to figure out what bad credit actually means. According to the FICO credit scoring system, the ratings are as follows:

  • 800 to 850 is an exceptional credit score. 
  • 740 to 799 is a very good credit score.
  • 670 to 739 is a good credit score. 
  • 580 to 669 is a fair credit score. 
  • 300 to 579 is a poor credit score. 

Generally speaking, traditional banks require you to have at least a good credit score to gain approval. However, you can qualify for bad credit loans online with a fair or even a poor rating. 

man fustrated with bills and is applying for payday loans online

What Types Of Bad Credit Loans Exist?

There are several bad credit loans available online. One of the easiest to apply for is a payday loan offered by us at Carolina Payday Loans, Inc. 

We can lend you anywhere between $100 and $500 to fund emergencies. While all our customers use payday loans for different situations, the most common reasons people take out this type of bad credit loan are:

  • Funding medical bills — Emergency medical care tends to be expensive. Even if you have a pretty good health insurance plan, you may not have enough extra cash to pay the deductible. Therefore, you can take out a payday loan to cover the costs and get the treatment you or your loved one needs. 
  • Paying for veterinary fees — Your furry friend is family. And just like your lovable humans, you want the best care for your dog, cat, or another animal when they need it most. Unfortunately, this tends to be expensive. So, you can call on a payday loan to cover the costs. 
  • Covering the costs of home repairs — Everything from leaky roofs to broken windowpanes to gas leaks to HVAC system failures can be ultra-expensive. While you should always try to use an emergency fund, we understand that you may not have enough saved to cover the entire cost. That’s when payday loans can help bridge the gap. 

Our Easy Money Payday Loan Requirements

If you want to get a payday loan from us as your bad credit loan online, you will need the following three things:

  • Government-issued identification — Feel free to use your driver's license, passport, or another type of state-issued ID displaying your picture, date of birth, and legal name. 
  • Paystub — We need your most recent pay stub to get an accurate depiction of your financial state. 
  • Blank check — Please ensure it's from an account in your name. 

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How To Get Bad Credit Loans Online

Now that you know our easy money payday loan requirements, you can get bad credit payday loans online by following the simple steps below:

  1. Submit your quick cash online form with the necessary information. It will send your request to your nearest Carolina Payday Loans, Inc. storefront. 
  2. Once received, we will give you a call to explain the payday loan process and ensure you have the necessary items needed to qualify. Don't forget to ask any questions about our bad credit loans online if you have any concerns. We want you to be well-informed before moving further along in the process. 
  3. Head to your nearest Carolina Payday Loans, Inc. storefront with the requirements we told you about on the phone and listed in the previous section. 
  4. As soon as you arrive, we will greet you and perform an evaluation of your documents to establish the amount of money we can lend and if you qualify for approval. 
  5. Provided you are satisfied with the amount of cash we offer, sign the documents in the required spaces. We will show you where to sign if you are unsure. 
  6. The final stage is receiving your money! Once you have completed your payday loan request, you will get the money on the day you apply. Although, sometimes you may have to wait until the following working day to receive your cash. Nevertheless, you will get your money in no time.

Get Bad Credit Loans Online From Carolina Payday Loans, Inc. Today!

You can apply for bad credit loans online. It's easy, stress-free, and takes a minimum of half an hour. If you need to cover an unexpected expense, use our quick cash online form to start the payday loan process! Our representatives are waiting to help you today.

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

Emma Frost

Emma Frost is a lifestyle and finance blogger with a talent for communication and a passion for financial literacy. She uses her writing talents to explore topics that help her readers gain financial stability and growth.