Get the Funds You Need Even with
Less-than-Perfect Credit

Save 25% on initial loan fee for payday loans+++

Apply online or on the go
within minutes

Receive an instant lending decision,** even
with less-than-perfect credit

Get cash by the next business day*

The Truth About “Bad Credit Loans”

What Is a Bad Credit Loan?

The term “bad credit loan” is ambiguous and can be misleading when it comes to understanding your borrowing options. An individual’s credit is not scored using subjective descriptors like “good” or “bad,” but as a number on a continuum. What qualifies as “good” or “bad” credit can vary between different individuals and lenders.

What people are usually interested in when they ask about “bad credit loans” is whether their past credit mistakes will make it impossible for them to get a loan. This will depend on the lender, but the lower an individual’s credit score, the riskier it is for a lender to let them borrow money. If your score is very low, you should be wary of lenders who claim they can still get you a loan with very good terms — they may be scam artists or unscrupulous businesses that are trying to take advantage of you.

Does CashNetUSA Offer Bad Credit Loans?

We don’t offer “bad credit loans.” However, if you have had past credit problems but have worked diligently to improve your financial situation, you may apply for an online payday loan with CashNetUSA. We pride ourselves on helping hardworking individuals get the funds they need, even if they have less-than-perfect credit.

We don’t run a traditional credit check — instead, we look at parts of your credit history through national databases like Clarity. That means that a relatively low score with the major credit reporting agencies does not automatically disqualify you from a CashNetUSA loan.

Nevertheless, the things that can give you a lower credit score — defaulting on debts and making late payments on bills, for instance — may be factored in when we evaluate your application. If your financial history shows a pattern of not honoring debts, your application may be declined.

Even if you are approved, you should always make sure that you will be able to repay any loan you take out. Failure to repay, or to repay on time can further lower your credit score, making it even harder to get any sort of loan or credit in the future.

Can I Apply for a CashNetUSA Payday Loan?

If you’re interested in a CashNetUSA online loan, the first thing you should do is check our Rates & Terms page to see whether we offer products in your state. If so, the actual products we do offer will vary depending on your particular state’s laws. Read through your options to decide which loan is right for you, if any.

If CashNetUSA does offer a product you’re interested in, check to see if the following things are true:

  • You are 18 or over
  • You have been employed for at least one month
  • You have an active checking account
  • You are a U.S. citizen or permanent resident

If you meet all these requirements, you’re eligible to apply for a CashNetUSA loan.

How Does Applying for a CashNetUSA Loan Work?

Applying is simple! Just head over to the online application and give us some basic information.

First, we’ll want to know your name and current address. At this point, you’ll also be able to create an account with your email.

Next, we’ll need some information that will help us verify your employment status and whether you have an active bank account.

Once we’ve done all that, we’ll get to work on evaluating your application. You may even hear back instantly!**

About CashNetUSA

CashNetUSA is a direct online lender dedicated to helping hardworking individuals like you get access to the funds they need to overcome financial difficulties. If you ever have any questions about our products or your account, you can check our FAQs page or get in contact with our customer service representatives. We’re standing by 24/7 to answer any questions you might have via phone, email or online chat.