Best Types of Loans for Poor Credit | Lending Bear
Best Bad Credit Loans

What are the best bad credit loans for customers facing a cash crunch? While it’s common for borrowers to lament their bad credit, it doesn’t mean you no longer qualify for lending. Lending Bear has several ways you can still obtain credit with a low score. A bad credit loan isn’t impossible any longer.

Best Bad Credit Loans

We have numerous ways to help you obtain financing without a lot of hassle. These are the popular options we serve for our clients in the southeastern United States:

Installment Loans
Payday Loans
Title Loans
Pawn Loans

Let’s discuss why these are useful and obtainable with less scrutiny and frustration than traditional loans. They’re a helpful option for customers with a lower credit rating.

Installment Loans

Installment loans are some of our most popular financing tools because they break payments into several installments. That means you don’t have to pay a hefty bill all at once. Installment loans typically require repayment within 2 to 18 months and they can be cancelled within one business day if you change your mind.

Payday Loans

Payday loans are a nice way to get a loan even with bad credit because they do not require a credit check. It’s easy to get as much as $500 quickly and without a credit check. They’re also available within the same day you apply.

All you need are:

Valid State ID (In Store)
A Blank Check (In Store)
Proof of Income (You must have regular reoccurring income)
Your Most Recent Bank Statement (In Store)

This is a terrific way to capitalize on a short-term loan when other options no longer work. Learn more about this finance method by reading about the 5 Advantages to Taking Out a Payday Loan in Florida.

Title Loans

Did you know that you can qualify for as much as $10,000 with a Lending Bear title loan . . . and keep your car? Yes, that’s because title loans allow you to leverage a vehicle for cash without forfeiting the property. The only thing you give us is the title to the car for the duration of the loan (no lien required).

As soon as you pay back the loan, we return the title. Usually, repayment of the loan is due within 30 days, but it’s also possible to extend it an additional 30 days. Not only that, but you can also pre-pay it without incurring any penalty.

It’s another great way to get fast cash, and all we need is a photo ID, proof of income, a spare set of keys, and for you to fill out a short application.

Pawn Loans

Are you having a difficult time obtaining a loan because of poor credit but possess valuable collateral you want to leverage? Pawn loans might be a handy solution to your problem. It’s possible for you to borrow by pawning all sorts of small assets like jewelry, guns, tools, electronics, TVs, musical instruments, lawn equipment, and many other valuable items.

Though they’re usually due within 30 days, we do offer extensions on these kinds of loans, so you have plenty of flexibility in repaying them. Whenever you pawn items with us, we keep them safe and secure in our storage facility, then promptly return them once it’s repaid.

Yes, you can even pawn guns because Lending Bear is a registered firearm dealer. All items, including guns, must undergo a short physical inspection upon submitting them to us.

Lending Bear Helps You Obtain Loans for Poor Credit

Lending Bear is a licensed lender in Alabama, Florida, Georgia, Tennessee and Louisiana. We have 22 store locations and our trained associates can secure you a loan within 15 minutes. We also offer some of our loan products online for true convenience. We place a huge emphasis on being fast and friendly.

Our headquarters is in Jacksonville, Florida, and we’re proud members of the Better Business Bureau (BBB), and National Pawnbrokers Association (NPA). We have an aggregate Google Rating of 4.9/5.0, on the strength of almost 6,000 reviews.

We know there is a lot of demand for new ways to find loans for poor credit situations, so we invite you to contact us today to learn more about our various credit options.

Google Rating
5.0
Based on 7007 reviews
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Google Rating
5.0
Based on 7007 reviews
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