Get up to $35,000 unsecured bad credit Personal Loan from a reliable direct lender online. Just fill out a simple application form to get an instant decision. Direct lenders guarantee the necessary funds within 1-2 business days.

Table of Contents:

Personal Loans from direct lenders only

Direct lenders for bad credit Personal Loans

No credit check Personal Loans from direct lenders

Guaranteed approval Personal Loans from direct lenders

Online Personal Loans from direct lenders

Unsecured Personal Loans from direct lenders

Compare the best Personal Installment Loan direct lenders


Rates last updated May 18th, 2024

Personal Loans from direct lenders only 

You can get a Personal Loan online from a direct lender, a broker or a matching or comparing service. Each of them has their own pros and cons. Most borrowers prefer direct lenders due to certain reasons:

  • A direct lender provides Personal Installment Loans without intermediaries such as banks, brokers or other private equity firms1
  • From beginning to end, you only have to deal with one company when getting a Personal Loan.
  • You are offered clear rates and fees – you get detailed information on rates and fees offered by this exact direct lender.
  • Repayment is simple and quick– you only pay one company; never any third-party lenders or other creditors.
  • Quick application and approval processes– It concerns only those cases when you know for sure that you’re going to apply for a Personal Loan from this lender and you don’t need to compare other offers. Otherwise, you may lose more time applying with many different companies.
  • Your personal information and financial data are safe and secure – The fewer people are engaged in your financial operations the safer the process is likely to be. You can be sure that your information won’t be passed to third-party companies. But make sure that you deal with a licensed lender.
  • Friendly customer service – when you apply directly to a lender you can ask any question, get help or file a complaint and expect a quick answer or solution.

Still, indirect Personal Loan companies such as brokers or matching services also offer certain benefits:

  • You apply only once and get access to a lot of lenders which you can compare and choose.
  • It saves your time as you don’t have to apply with 10 or 30 or 50 direct lenders one by one until you find a suitable offer;
  • It lets you compare the rates and fees from multiple companies to choose the cheapest and most affordable Personal Loan;
  • It guarantees safety of your personal information as most services such as COMPACOM have ssl certificate, McAfee protection and data encryption;
  • Applying with a broker or matching service you can be sure that you won’t become a victim of a fraud as their partners are all licensed legal companies;
  • The total cost of a Personal Loan doesn’t get higher if you use a matching service as you are not charged with additional fees. All the charges are paid by a lender.
  • Besides an opportunity to apply online you get a lot of educational information very useful for those who are not experienced borrowers.

Whether you are choosing a broker or a direct lender, you should check out for the best loan terms and interest rates and conditions before applying.

Direct lenders for bad credit Personal Loans 

Personal Loans vary in the amount from small loans of $5000 to $10,000 Personal Loans for bad credit and maximum up to $35,000. Naturally, your credit score may affect the sum you can count on. Bad credit customers can also be approved for Personal Installment cash advance but should expect higher rates from direct lenders.

In contrast to traditional banks, direct lenders are likely to approve most customers not paying attention to their credit score. Most lenders guarantee instant approval for online Personal loans with no credit check if you have a regular income. A matching service aims at providing customers with the necessary information on the lending process and finding a suitable company no matter what credit score you have. For borrowers with poor credit score, it’s advisable to apply with such service as COMPACOM as this way you avoid plenty of credit checks done by each direct lender you deal with.

No credit check Personal Loans from direct lenders 

Looking for a NO credit check Personal Loan from a direct lender? You can come across such offers practically on any lender’s website online. But does this really mean your history won’t be checked and there’ll be no effect on your credit score? You need to understand credit check is an essential part of the lending process. It’s used by a lender to see how risky a borrower you are and evaluate the risks of giving you the money. Some states even make a credit check a must for every financial company so as to prevent its residents from getting in debt. For a borrower, a credit check is also necessary as it can show whether he can afford this loan or not. If he already has some debts or used to default on loans in the past maybe it’s better to consider other Personal Loan alternatives such as Installment Loans, Title Loans, bank or credit union cash advance.

Matching services or brokers can’t guarantee a NO credit check loan. It’s only up to the lender to decide whether to approve you or not. They take into account all your individual details such as:

  • Employment history
  • Income
  • Home ownership
  • Credit history, etc.

On the basis of these criteria, a direct lender can choose to do a hard inquiry, a soft inquiry, or no credit check at all. Soft inquiry will hardly damage your score as it won’t be referred to any of the three major credit bureaus. A hard credit check will be reflected in your credit history. But if you compare the damage from other factors influencing your score such as previous debt, etc. you’ll see that getting a safe and affordable Personal Loan with a credit check is better than taking one more risk that can lead to default and more debt and even lower credit score.

On the one hand, it’s more reliable to find out information on credit check addressing the lender directly. But on the other hand, it would be easier and faster to find one using a comparing service.

Guaranteed approval Personal Loans from direct lenders 

Most Personal Loan borrowers choose online direct lenders as it’s faster and more convenient. Besides, online companies offer more flexible repayment terms and are more likely to approve any kind of customer even with bad credit and not very high income. That’s their advantage over banks, credit unions or other regular financial institutions.

The quantity of online Personal Loans approvals is so high that direct lenders may afford to call them “guaranteed approval Personal Loans”. But in reality it doesn’t imply 100% money on your bank account. It just means quick, we could say “instant” loan decision and processing, completely online, without any paperwork, faxing, Teletrack, etc.

Besides, the direct lenders’ requirements to qualify for a Personal Loan are very simple:

  • an active US checking account,
  • being 18 or older,
  • a valid e-mail address.

And frequently, you can get approved for a Personal Loan online after a couple of minutes request process.

Must know!
Be careful, “guaranteed approval Personal Loans from direct lenders” is a tricky promise. If you face it make sure it’s a licensed lender but not a fraud.

Online Personal Loans from direct lenders 

When you have urgent expenses from $5000 to $35000 but can’t apply in a bank because of bad credit or you are not a member of a credit union or don’t want to risk any property as a collateral a good idea will be to try online Personal Loans from direct lenders.

It’s the most convenient and fast way to get a Personal Loan. The process is very quick and simple:

  1. You fill out a simple application form. No matter whether you apply with a direct lender or a broker the process is practically the same and includes similar information: loan amount, your first and last name, your e-mail.
  2. You get an instant decision from a direct lender in some minutes.
  3. You study the terms and conditions of the agreement offered by the lender and if you agree you sign it.
  4. You get the money directly into your bank account within 24 hours or you can drive to the store or check casher and receive the cash the same day.
  5. Repayment is done in regular fixed installments within several months up to several years.

You can use online matching services as well. Sometimes it’s even quicker than applying with a direct lender. You fill out an application form only once to get access to the database of companies ready to offer you the necessary funds. You avoid a credit check done each time you apply to a direct lender. So, your credit history won’t suffer and the score will not become lower. If you pay back on time you can even improve the credit score.

Unsecured Personal Loans from direct lenders 

Direct lenders offer both secured and unsecured Personal Loans. It’s up to you to decide whether you are willing to use your property as collateral and risk to lose it in case of repayment problems or you prefer to pay a bit higher interest for keeping your car or house safe.

Before choosing between a secured and unsecured Personal Loan from direct lenders consider the following factors:

  • A secured loan is easier to get;
  • A secured loan has lower interest rates;
  • You can expect higher loan amounts with a secured loan;

Our experts recommend considering an unsecured Personal Loan if you have bad credit, not very good income and need small amount of cash advance. Otherwise, secured Personal Loan seems a wiser decision.

Compare the best Personal Loan direct lenders to brokers and matching services  


Direct lenders

Brokers or matching services

Application process

Several minutes with each direct lender, the required information is your bank account, name and e-mail information.

Takes about 2 minutes and is filled out only once and sent to multiple lenders to find the one that matches your criteria best. Includes your bank account, name and e-mail information.


Some minutes to fill out an application form each time you apply and several minutes to get an instant decision from a lender. If you are approved you get the money, if not – start this process from the beginning with another direct lender.

Some minutes to fill out an application form once and some minutes to get offers from direct lenders ready to approve you.

Rates and fees

Vary by each lender, usually 6% - 36% APR on average. It depends on the amount you need, your income and credit score and lender’s conditions. There may be individual lender’s additional fees such as origination fee, verification fee, etc.


Vary by each lender, usually 400% APR on average, but you have a chance to compare and choose the cheapest offer. Additional fee may be charged for matching service.


You get individual service and answer to any question about this particular loan.

You get general information on Payday Loans, average rates and fees, besides you find a lot of useful advice on lending process. On your request you can receive the details on loans from any direct lender.

Money transactions

You get the money directly from the lender into your bank account. And you pay back also to the lender without any third parties.

You get the money directly from the lender into your bank account.

Safety of your personal data

Depends on each lender, his privacy policy, terms of use and safety policy.

Most matching services have ssl certificate, McAfee security and data encryption.

Bad credit

Most direct lenders approve bad credit borrowers, but you need to specify it with each lender.

If you apply with a matching service, there is 99% guarantee that you’ll find the one approving bad credit borrowers.

Credit check

Varies by each direct lender and your individual qualifications criteria.

The chances to find a lender with NO credit check are much higher.


Online and In-store

Mostly online, 24/7

Must know!
Keep in mind: a broker’s fee may be either paid by a borrower or a lender. The fee is a small percentage of the loan amount, generally between 1% and 2%2. Mostly it’s paid as a commission by the lender. So you shouldn’t worry about a higher cost for your Personal Loan from a matching or broker company. Just make sure they are authorized which you can do by checking the List of Licensed Lenders3. Any broker as well as direct lender must disclose the term, the interest rate, APR and any commission they require.