Bad Credit Small Loans
When your credit score is low and you’re trying to do your best to correct your financial circumstances with different small loans bad credit that are offered these days, there will still likely be times when you will be short on cash. There’s no telling when emergencies might happen and unfortunately, there is just no way to properly insulate yourself from them. MagicLoan aims to help people with bad credit scores to get access to small loans bad credit appropriate for their present specific needs. We have partnered with specialist lenders who can offer small loans ranging from $500 to $25000. Our expert consultants will be with you every step of the application proves to ensure that you get a good shot at approval. Once approved, you can expect your funds in no more than 24 hours.
There’s no telling when you might be faced with a bill that just came out of the blue. It could be an emergency car repair, an unplanned trip to the vet or an appliance breaking down at home. Whatever it is, if it must get sorted urgently and you are a tad bit short on cash, taking out a payday loan may be the most viable option. Regardless of the reason, what matters is you get your present fund shortage addressed as soon as possible. MagicLoan helps you get access to the right loans from the right lenders fast.
Benefits of small loans bad credit
Get access to $500-$25000 loans
Depending on your cash need, we can help you get paired with lenders who can fund loans between $500 and $25000, regardless of your credit score.
You won’t have the luxury of time to wait around several days for your loan application to get approved. Our loan specialists will see to it that your details are reviewed and assessed as fast as we can to get you paired with the right lender within 60 minutes. Once approved, these lenders may be able to get your cash transferred within the same day.
Loan term flexibility
Our lenders are known for offering flexible loan terms where borrowers are given the freedom to choose their preferred length of time to pay off their debt. The loan term can be as short as a few weeks to as long as a year to ensure that your repayment will be manageable.
Upfront rates and fees
All the fees and rates related to your loan will be laid out upfront. The loan repayments will be outlined beforehand, and these figures will remain the same until you have successfully paid off the loan.
Expert loan consultants
Our loan specialists will be there to help you every step of the way to ensure that all your loan-related questions are answered. At the same time, they will work hard in ensuring that the lender you get paired with can offer you the type of loan that is most appropriate for your present needs.
Bad credit borrowers are more than welcome
If you have tried going to traditional lenders and big banks and have been knocked because of your bad credit, we are happy to help. Our lender partners are known for looking beyond what your bad credit says and are more interested in your current financial state and if you have the means to afford the loan repayments.
Getting approved for small loans bad credit
Make sure that you’re eligible
For your small loans bad credit application to be considered, you must see to it that you ticked all the boxes for eligibility requirements. For instance, you need to be a citizen or permanent resident of Australia, you must at least be 18 years old, have a working email address and an active mobile phone number, and should have been regularly receiving an income for no less than 90 days.
Borrow only what you can afford to payLenders will assess your overall earnings and your regular expenses to determine whether you still have enough to cover loan repayments if you get approved. It helps when you will keep your borrowing minimal so lenders will view it as a low-risk borrowing. This helps bolster your chances for approval. Also, even when you get approved for a much higher amount, stick to numbers that are well within your capacity to pay off. The last thing you want is to default on another loan.
Know your credit history
If you’re unsure about the state of your credit records, make sure to check it. It is always best to check your credit history for potential mistakes, so it gives you the chance to correct them prior to sending in a loan application. You can get these details from a credit reporting agency for free.
Always compare your choices
It helps to shop around before sending in a quick cash loan application. You need to know what you are getting into prior to taking out a loan. Do avoid sending a loan application to multiple providers. Not only will this impact your credit score even more, but it will also likely lead to rejection as lenders will view it as a red flag if they see a borrower has sent several applications to several lenders within a short interval.
Although we cannot offer bad credit loans guaranteed approval as that would be irresponsible, we will do the best to find you the most suitable loan to fit your circumstances.