In life, very often, financial issues occur, as emergency situations appear, and if you don’t have any savings, you might be in a very challenging position. Whether you need to pay medical expenses, your car broke down, or some unforeseen event happened, getting a loan might be the best solution for you.
However, it can be very difficult to get a loan when you have a bad credit score. Still, it is not impossible, as there are companies that specialize in providing borrowers with less ideal credit scores to professional lenders that are willing to work with them.
With that being said, it is essential to find reliable lenders and platforms that offer secure transactions, as you will provide personal information and spend your money. In this article, we will present to you some of the best money-lending companies that provide loan services with low-interest rates and which have user-friendly policies and offers.
- MoneyMutual: Overall Best Emergency Loans for Minimum Credit Score
- Bad Credit Loans: Best Emergency Loan At Lowest Interest Rate
- CashUSA: Top Online Payday Loans For Bad Credit
- Personal Loans: Best Personal Loan For Credit Card Debt
#1. MoneyMutual: Overall Best Emergency Loans for Minimum Credit Score
MoneyMutual is one of our top choices as a money-lending platform that was established in 2010 and since has been providing high-quality services to numerous customers. It is significant to mention that MoneyMutual is not a direct lender but connects its clients with a professional network of lenders that work with people who have bad credit scores.
In order to apply for an emergency loan on MoneyMutual, you need to meet several criteria. You need to be at least 18 years old, a permanent resident of the US, and you need to have a steady income of at least $800. During the application process, you will also need to provide documentation about your employment status to ensure the lenders that you can repay the loan.
The application process on MoneyMutual is quick and simple. All you need to do is fill the application form with information, such as your name, age, state you live in, zip code, and how much you earn per month. Once this is settled, MoneyMutual connects you with potential lenders that will review your situation and decide if they would like to work with you.
Highlights
- Quick and Secure Transactions
When the lender approves you, you will be redirected to their page and presented with terms and conditions that the lender offers. An important thing to mention is that you need to read them carefully, as they contain valuable information, such as monthly payments, interest rates, fees, etc. If everything works for you and you want to proceed with the application process, then the lender will transfer the funds directly into your bank account.
MoneyMutual understands that you probably don’t want to wait for the fund for an extended time period during emergencies, so they match you with a lender that will transfer your funds in just 24-48 hours. The platform also ensures 
secure transactions, which is very significant for the borrowers to feel more comfortable when applying.
- MoneyMutual Interest Rates And Fees
Even if it may sound too good to be true, MoneyMutual doesn’t charge you anything for its connecting service. There are also no hidden fees to pay, which is great. The APR for this brand is between 5.99 and %. However, once you are connected with the lender, they might charge you with fees and interest rates you need to be familiar with before you decide to accept the terms.
