“In a Nutshell: Bad Credit Loans is not a lender. They provide an online form on their website for consumers to complete to see if a lender in their network can offer the consumer a loan. The site’s comprehensive news section alerting consumers to the latest scams, best practices on rebuilding and taking out lines of credit, and a host of other offerings make Bad Credit Loans a valuable resource for those seeking funds in times of need.”
Emergency financial situations always seem to come at the worst times. It’s just a matter of knowing what resources are out there.
Bad Credit Loans offers a simple and convenient online form for consumers to see if they qualify for funds from a lender network. Whether it be for personal, business, credit card, mortgage, or auto loans, Bad Credit Loans’ lender network may be able to help by providing the funds you need.
One Online Form Gives You Access to a Lender Network
Bad Credit Loans attempts to takes the confusion out of the equation. Once the short online form is filled out on the site, a network of lenders reviews the information on the form and decides whether to make an offer. Completing the online form is fast, and customers are not obligated to accept any loan offer, which makes Bad Credit Loans an easy, commitment-free resource for those needing financial assistance.
Bad Credit Loans attempts to connect consumers with lenders in its network.
The requirements to complete the online form are both minimal and simple. According to BadCreditLoans.com, borrowers must “have full-time employment or self-employment, Social Security or regular benefits, a checking or savings account, be at least 18 years of age, and have a working phone number and email address.”
If the consumer receives a loan offer from a lender, the offer will include the contract that will show the loan amount, APR, and terms. The consumer can then accept or reject the offer.
Multiple Loan Options Available
Bad Credit Loans also has access to a network of lenders for small businesses. Business owners are often faced with the challenge of getting their new ventures off the ground. Bad Credit Loans can attempt to connect these business owners to a lender in their network to see if they qualify for a loan offer.
Educational Resources Provide Best Practices on Rebuilding Credit, Avoiding Scams, & More
For example, a blog post tells consumers how to distinguish financial predators from legitimate lenders. Knowing the difference between valid bad credit offerings and outright predatory scams can be very difficult, and this blog post seeks to educate borrowers on how best to stay safe.
The website blog also offers insightful articles on saving money, buying a home, rebuilding credit after claiming bankruptcy, tips to paying off loans on time, and much more.