Emergency loans are an accessible form of funding that can be used to cover unexpected expenses. Whether that be medical bills or funeral costs, these loans feature quick application processes and rapid money transfers – with most providers offering up to $5,000 in funding.
This article discusses the best emergency loans, assessing several top urgent 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 urgent loans for bad credit
- GreenDollarLoans.net >> – best for $255 quick emergency payday loans
- BigBuckLoans.net >> – best for instant emergency loans with no credit check
- CreditClock.net – best for same day urgent loans
- MoneyLenderSquad.com – best for borrowing money urgently
- HeartPaydays.com – best for $255 emergency installment loans
- VeryMerryLoans.com – best for emergency cash immediately
Get a quick loan sent to you in 15 minutes after approval by choosing one of the providers above, or continue to read a short evaluation on each. All of these loan providers work with those who have bad credit history and who have been previously unemployed.
Best urgent loans for bad credit – July 2022
1. Viva Payday Loans
– overall best for emergency loans with bad credit
The top choice for the best emergency loan provider is Viva Payday Loans. This provider offers up to $5,000 in funding and flexible repayment timeframes extending up to 24 months. In addition, APRs start from just 5.99%.
Viva Payday Loans’ application process is streamlined and takes under two minutes to complete, with decisions made almost instantly. Finally, this provider doesn’t have any upfront fees or hidden costs, making the entire process highly cost-effective.
- Repay between 3-24 months
- Easy application process
- APRs from 5.99%
- Not available in some US states
2. Low Credit Finance – best for urgent loans for bad credit
Low Credit Finance is a provider of emergency loans online, supporting those with bad credit or a low FICO score. This provider offers same-day decisions and speedy transfers, all with flexible repayment terms.
APRs range from 5.99% to 35.99%, and up to $5,000 can be requested, all through a user-friendly online portal.
- Supports low FICO scores
- Same-day decisions
- User-friendly application process
- Loans aren’t guaranteed
3. Green Dollar Loans – best for quick emergency payday loans
Green Dollar Loans provides emergency same-day loans upon approval that feature no upfront costs or hidden fees. This provider offers up to $5,000 in funding and requires no paperwork 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 the same day.
- Quick lending decision
- No upfront fees
- No paperwork required
- Decision rests with the end lender
4. Big Buck Loans – best for instant emergency loans with no credit check
Those looking for emergency loans with no job can apply for funding with Big Buck Loans, a respected provider that supports all FICO scores. Funds can be transferred in as little as 15 minutes, with borrowing amounts ranging from $100 to $5,000.
APRs can be as low as 5.99% in some instances, and this provider even features several customer testimonials on their website, highlighting their positive experiences.
- Positive customer testimonials
- Quick money transfers
- All FICO scores supported
- Unavailable in some US states
Note: Whilst Big Buck Loans doesn’t check your credit, 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. Further information can be found in the terms and conditions.
5. Credit Clock – best for same day urgent loans
Credit Clock also offers emergency loans, with applicants able to use a handy loan calculator to customize their loan structure. Applications take minutes to complete, and loans can often be facilitated on the same day.
Like other providers, Credit Clock offers up to $5,000 in funding. These loans can be repaid over 3-6 months, with APRs ranging from 5.99% to 35.99%.
- Useful loan calculator
- Flexible repayment terms
- Same-day funding possible
- Loans are not guaranteed
What are emergency loans and how do they work?
Emergency cash immediately is a type of short-term funding that tends to be used to cover unexpected expenses. These expenses could be anything, such as medical bills, funeral costs, or repairs. In these instances, funding is required immediately, which is what emergency loans are designed for.
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 the prevailing regulation. Aside from this, these loans are easy to apply for and do not require any physical paperwork. Furthermore, various funding amounts are offered, and borrowers can even benefit from flexible repayment timeframes.
How to apply for emergency loans in quick steps with Viva Payday Loans
- Step 1: Choose your loan amount – Select your borrowing amount ($100 to $5,000) and choose a repayment time frame (2-24 months).
- Step 2: Complete the application form – Complete the application form on Viva Payday Loans’ website.
- Step 3: Wait for a decision – A lender will give you a decision in minutes or offer an alternative form of funding.
- Step 4: Get your loan – Emergency loans with bad credit can often be provided on the same day, assuming all of the end lender’s requirements are met.
Emergency loans features and factors to consider
Detailed below are some of the main benefits of applying for emergency loans with no job:
All FICO scores are welcome
Those with low FICO scores or poor credit history can still apply for fast emergency loans, as providers don’t discriminate regarding who can request funding.
Although emergency loans with no credit check may not be possible, since US regulation requires lenders to conduct a credit check in most instances, this type of funding still features a seamless application process.
Various funding amounts
Top emergency loan providers (such as Viva Payday Loans) offer a range of funding amounts, from $100 right up 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 fees
- Digital application process
- Range of funding amounts available
- All FICO scores welcome
In conclusion, this article has taken an in-depth look at the best emergency loans, highlighting which providers offer this type of funding and how you can apply for it today.
Those 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 fully-digital application process that can be completed in minutes.
How do I get emergency same-day loans?
Emergency loans online can be requested by partnering with one of the providers in this article, many of which can facilitate same-day transfers.
Does it cost to apply for emergency cash immediately with bad credit?
The providers noted in this article do not charge any upfront/hidden fees, making the entire process cost-effective.
Which providers offer emergency loans for bad credit?
All of the quick emergency loan providers that are mentioned above will support applications from people regardless of their FICO score or credit history.
Disclaimer – The above content is non-editorial, and Economic Times hereby disclaims any and all warranties, expressed or implied, relating to it, and does not guarantee, vouch for or necessarily endorse any of the content. The loan websites reviewed are loan-matching services, not direct lenders, therefore, do not have direct involvement in the acceptance of your loan request. Requesting a loan with the websites does not guarantee any acceptance of a loan. This article does not provide financial advice. Please seek help from a financial advisor if you need financial assistance. Loans available to U.S residents only.