Unsecured Bad Credit Loans - What Are They?


What is an unsecured bad credit loan?

An unsecured bad credit loan is an unsecured loan that is extended to people with bad credit.

What does "unsecured" mean?

Unsecured means that you don't have to provide collateral, to the loan agency.

How much money can I get?

On average you can expect to get at least $1,000, but you can get up to $1,500, if approved.

Will my credit be checked?

No. Your credit is not checked. Unsecured bad credit loan agencies don't require that your credit be checked, for you to secure a loan with them.

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How do I know if my information will be safe?

Loan agencies have the latest site security features, that is needed to keep your information protected. When you are submitting your information on an application page, make sure to look up at the address bar. If you see "https", it means the site is secure and safe.

What is the requirement?

You need to make more than $1,000 a month and have been on that job for at least 3 months. You also need to be a legal U.S. citizen with valid U.S. residency.

Can I apply for this loan online?

Yes. It is preferred that you apply in this manner, if you want a more convenient and hassle free opportunity to get quick cash.

When can I apply?

You can apply at anytime, but the best time to apply would obviously be when you have a financial emergency. People usually apply when they have urgent utility or medical bills to pay.

Can I pay back the loan in installments?

Yes. You can pay your loan off with installment payments, rather than paying it off in one lump sum. Most people are not able to do this for obvious reasons. Just let the loan company know, this is the option you want to have.

Who applies for unsecured bad credit loans?

Americans who find it difficult to get funding through traditional banks. They usually have pressing financial needs that need to be taken care of very quickly. You do not have to put up collateral for these loans and your check credit history is not checked, so it's a lot easier to be approved.

Do I have to give my social security number?

Yes. Your number is only asked for once and it is entered on a highly secure page. All you have to do is check the address bar. If you see "Https" at the beginning of the URL, the page is safely protecting your number. Also check for a closed lock icon to the right of the address bar.


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