Frequently Asked Questions

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Popular questions and answers you may have using our online loans service. Do not hesitate to contact our customer support if you didn't find an answer. We will help!

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Certain limitations may apply. All loans are subject to approval by the lender. Participating lenders don’t offer no credit check loans. Credit history maybe checked alternatively or via 3 major bureaus. Read, understand and agree to our Term of Use, Privacy Policy, Responsible Lending Policy before submitting your personal details.

Payday loans are short-term, expensive financial solution. The APR on payday loans can range from 200% to 1,710%. Installment loans and personal loans are long-term and less expensive financial products. You must act responsibly using any type of loan products. People with all types of credit are free to apply for a loan.

Bad Credit OK!

Get approved for loans regardless you credit score! Anyone is welcome to apply!

Quick Loan Deposit

If approved, your loan may be funded the same day or the next working day!

Responsible Lending

We work with legit lenders and claim for responsible lending!

Popular Questions and Answers

What is a direct lender loan?

This loan is given out directly by a lender, such as a bank, credit union, private lender. At there are many different direct lenders that you can borrow from. All lenders are legit and trustworthy.

Advantages of using

Take advantage of BadCreditLoansBear. Com's loan matching services for many reasons. The main benefit is that you’ll save a lot of time and efforts. When applying with a direct lender, you’d have to spend a lot of time filling out applications for each one. When you go through us, all you need to do is fill out one short form. The loan matching service that we offer will provide you a loan you need. We work with honest lenders you can trust. All borrowers have better chances of getting approved because of the big number of lenders. More likely we can find the one that will accept your request.

How long will it take to get the money?

This would depend on the type of loan you were approved for. For payday loans and installment loans, the funds are transferred directly into your bank account within 24 hours. For personal loans, it may take about 2-7 days.

What if I have a low credit rating?

Poor credit score doesn’t mean you won’t be able to get a loan. We have helped many people with bad credit to get loans. Some direct lenders do run a credit check, though it’s not always extensive. You should expect your credit to be a big factor in getting the loan you need, but the chances of your approval are still high.

How do I get a loan through

The first thing that you need to do is fill out a single application. Once you applied, you will be notified when there is a loan offer. Take the time to look over the proposal carefully, so you know what all of the terms and conditions of the loan are. If you agree to the terms of the loan, sign the necessary forms and you are done!

How do I repay my loan?

The payment for your loan will be automatically taken from the bank account on due day. It is important that you have enough money. Otherwise, the lender will charge you late fees, which can quickly pile up. Automatic withdrawal is convenient because you don’t need to write out a check. Consider these ways of repaying loans.

Do I need to put up any collateral?

Our lenders offer unsecured loans such as cash advances, installment loans, personal loans that do not require collateral. You won’t need to worry about risking your car or home.

What are main requirements do I have to meet?

There are a few basic requirements to get loans, such as being at least 18 years old, a US. citizen, and having an active account at a bank or credit union. You will also need to show that you make enough income to be able to pay back the loan on time.

Are your lenders reputable?

You will find that all of the lenders in our network are extremely honest and reliable. We make sure that we only work with accredited lenders with an impeccable reputation. It can be difficult to find a good lender on your own, which is why you should engage to help you.

Can I have instant approval?

The process of getting approved for a loan could take up to 24-48 hours, depending on numerous factors. We typically find loans for people in need quickly, so you should be able to get the money you need fast. We do not guarantee instant approval.

What does APR mean?

The “APR” or Annual Percentage Rate is the annual interest rate on the loan. The interest rate will be determined by a few factors, including the state you live in and the lender you borrow from. APR is typically very high for cash loans and lower for personal loans.

Can I get a loan on the weekend?

While you can apply for a loan over the weekend, you will not receive any funds unless it is a business day (Monday through Friday). We will gladly process any application you submit on the weekend though.

Are the details I submit secure?

At, we will share the information you provide us with lenders in our network. You can rest assured that all personal details will be kept completely secure. We have numerous security measures in place to ensure this.

What happens if I don’t pay my loan back on time?

Failing to pay back your loan on time can result in late fees. The longer you take to pay back the loan, the more money you will lose as extra charges. If you do not repay the loan at all, your lender will contact debt agency to collect your debt on their behalf.

When will I have to pay back the loan?

Payday loans are due after two weeks of receiving the funds. Installment and personal loans are repaid according to a payment schedule. Check this information with your lender.

How do I know what fees I will have to pay?

The agreement that you are required to sign before you can receive your funds will show in detail all of the fees associated with the loan, including late fees in case you do not pay the loan back on time.

When should I take out a loan?

There are many different reasons why you might need to take out a personal loan. Home repairs, medical bills, auto repairs, and many others. If you have some emergency expense take a look at this lending option. Many people who needed a significant amount of money fast, have benefited from our loans. Check this table on our main page for more details

Do you have access to my loan information?

We do not have access to any of the details of the loans. Only you and your lender will have access to these details.

Is the loan process fast?

Not everyone has the same experience when it comes to our loan matching services, but we do our best the get a quick response from a lender. You should be able to get the money you need fast, after you applied and approved, though nothing is guaranteed.

Can I apply for a personal loan if I don’t have a bank account?

All lenders in our network require that loan applicants have an active checking account at a bank or credit union. If you do not have one of these accounts, you will need to get one to receive the loan.

I need a loan as soon as possible. Can you help me?

BadCreditLoansBear can help you with getting loans fast! Fill out the online application form on our website. The sooner you submit this form, the sooner our system can start looking for a loan on your behalf.

Can you tell me if I qualify for a loan before I submit the initial form?

We have no way of deciding whether or not you can get a loan before you provide us with the personal information. The lenders are responsible for loan approval, money transfer time, fees and charges. Loan applications are completely free of charge - Apply now.

How many loans can I take out at one time?

The majority of states have laws that limit borrower for one loan at a time with a given lender. Don’t take too many loans because it's hard to pay them back!

Are payday loans legal in all states?

Payday loans are illegal in certain states, so you might not be able to take advantage of our loan matching service depending on the state where you live.

Do you offer Customer Support?

Yes, we have professional customer support service, and our experts are ready to answer any questions. We take pride in our ability to help people who want to use loans efficiently.

Will I be able to get a loan renewal?

The majority of lenders offer loan renewal if a borrower is unable to pay the initial loan on time. The renewal fee is high. Look at the contract to see what are the renewal rules.