If you are planning to borrow 4000 dollars and pay back by monthly installments, knowing you have bad credit, the question as to where can I get approved quickly with a low fico score frequently gets asked. It used to be very difficult for people with bad borrowing-repayment history to secure a low credit personal loan as conventional lenders are less willing to offer easy financing for them. They will carry out a credit check on you and if your score is below their minimum requirements, you are not likely to be eligible for an online loan for 3 months on your signature alone.

Legit 500 Dollar Loan If you have a stable job/income, the most common way to get an easy approval loan is to rely on short term cash lenders that are not banks. Although these have easier borrowers’ requirements, they tend to carry an astronomical interest rate which may prove too expensive if you want to borrow 2000 dollars and up. These unsecured temporary loans are probably better suited when you need a small personal loan under 500 dollars to help you bridge the gap between paychecks.

There are other reasonable options though if you need a long term loan with monthly fees. As more and more people are getting used to getting non-bank personal loans like payday loans from private lenders, new products are also being introduced to meet the demands of consumers who prefer a non payday loan with a longer payback. While a typical $500 cash advance often had to be repaid in less than 30 days, some money lenders are offering long term loans with a repayment period that last as long as 12 months. As such, you may wish to try for a 4000 dollar loan online through the websites of direct monthly installment loan lenders.