Bad Credit Score Loans
At LoanPigUSA, we offer you access to bad credit score loans from $100. If you’ve struggled to get a loan in the past, it’s possible that a low credit rating and poor credit history are to blame.
Payday Loans for Bad Credit Scores
Personal factors can stop you from securing the finance you need. Whether it’s additional funds to help you with your bills, more money to help consolidate your debts, or extra cash to cover the costs of buying a new car; being rejected for loans – bad credit or otherwise – can be frustrating. However, this is where LoanPigUSA may be able to help.
If you find yourself in these or similar circumstances, we offer access to loans for people with bad credit of up to $2500, that could provide you with the finance you need. What’s more, applying for a loan for bad credit is quick and simple. You’ll get an instant decision and it won’t affect your credit score.
If you’d like to learn more about your credit rating and how it might be affecting your ability to secure a loan, then our LoanPigUSA section is a great resource. You can learn about factors that affect your credit rating, how you can improve your score, and how you can budget for larger projects.
What are Bad Credit Scores?
Our bad credit loans are designed to help people with poor credit scores or bad credit history. All of our bad credit loans are ‘no guarantor loans’, so you don’t need to be a homeowner to apply. If you’ve struggled to secure credit elsewhere, a bad credit loan from LoanPigUSA may be a suitable option.
Why is it hard to get loans with Bad Credit?
If you’ve struggled to be approved for credit in the past, then a poor credit history and a low credit rating may be to blame for this. A poor credit score means that many banks and lenders may not want to lend to you.
However, our loans specifically designed for people with bad credit may be able to help you secure the finance you need.
What is a Credit Score?
A credit score is an evaluation of how ‘credit-worthy’ you are. After an evaluation of your credit history, you’re assigned a number, which is your numeric credit score. The higher this number is, the more trustworthy you’re seen by lenders, as it is seen as a display of how likely you are to make repayments.
You may have also heard the term credit rating. This is similar to a credit score, as it displays credit-worthiness. However, this applies to a business, government or group, instead of an individual. So there’s no need to worry! You can read more about what a credit score is here.
How to Check Your Credit Score?
Many websites allow you to check your credit score for free, such as ClearScore. However, others do charge for this service. Your report should then be updated monthly.
The three main credit reference agencies in the USA are: Experian PLC, Equifax and TransUnion. There isn’t one universal credit score, and each may give you a different value. This also means that you could be accepted by a lender that uses one of these agencies and rejected by another.
It’s wise to check your credit score regularly. As it can improve your chances of being accepted for credit or taking out a loan in the future. Click here to learn more about how to check your credit score.