Top pick for: Bad credit personal loans. Qualifications Needed: Upgrade can offer same or next-day funding on 3 to 7-year personal loans for amounts as little as $1,000 and as much as $50,000 for borrowers with a minimum credit score of 560. There are no minimum income requirements, they allow joint applications for bad credit borrowers, and , Since personal loans for people with bad credit can be more expensive, it’s especially important to compare loan terms to find the best deal. Here are a few basic terms to pay attention to. Annual percentage rate: APR is the total cost you pay each year to borrow the money, including interest and certain fees. A lower APR means the loan will , Bad credit might stop you from qualifying for credit products like 0% APR credit cards or low-interest personal loans. If you want to avoid paying high interest rates, you can look into the , Best Personal Loans for Bad Credit; Company APR Credit Score est. Loan Amount More Details; Best Overall, Secured Loans, Flexible Repayment Terms: APR Range. 7.99% - 35.99%:, Another bad credit loan alternative worth considering is a joint personal loan or coborrower loan. This means that you find someone to take out the loan with you (ideally with a better credit score)., The best online loans for bad credit are from First Tech Federal Credit Union because it offers personal loans starting at $500, with APRs from 7.89% - 18% and repayment terms of 6 - 84 months.Plus, there is no origination fee. Anyone who works for one of 900+ partner companies, or who belongs to the Computer History Museum or the Financial Fitness Association, can become a member..