Bad Credit Loans Review (Scam Lending Service or Legit?)

Bad Credit Loans ( is an online lending service that provides borrowers with poor credit the ability to connect with lenders. Established in 1998, Bad Credit Loans has been providing lending services for over 20 years and has enabled countless borrowers the ability to obtain various loans quickly and hassle free. The aim of today’s review is to provide thorough insight into the operations conducted at Bad Credit Loans to allow you to make a more educated decision to determine whether this service is suitable for your needs. - Bad Credit Loans

What Exactly is Bad Credit Loans?

“We Can Help When Others Can’t,” is the company slogan and mission behind Bad Credit Loans. While Bad Credit Loans doesn’t provide direct lending, they enable potential applicants the ability to connect with a network of lenders for short-term loans up to $5,000. Geared towards those who possess bad credit, the application process goes by rather quickly and is carried out entirely online.

After a borrower has successfully completed the loan process they will receive an answer within a few short minutes regarding whether their loan request has been approved or denied. Loan terms tend to vary between a repayment period between 3 to 36 months and payments can be executed effortlessly through the Bad Credit Loan platform.

Who is Responsible for Bad Credit Loans? is operated by Chief LLC, which is a limited liability company based out of Nevada, according to their site. While a Better Business Bureau (BBB) search of “Chief LLC” fails to churn up any credible results, there is a profile for Bad Credit Loans at BBB. According to the Bad Credit Loans Contact Us page, their disclosed location is 2661 N. Pearl St. #431, Tacoma, WA 98407 and they can be reached at [email protected] or 1-800-245-5626.

How does Bad Credit Loans Work?

Bad Credit Loans functions as a lending service that connects borrowers with lenders, granted  that their loan process was approved. In order to qualify for a loan application through Bad Credit Loans, applicants must meet all the eligibility requirements discussed below while carefully deciding whether or not they can fulfill the repayment requirements set forth.


  • Must be 18 years of age or older
  • Make more than $1,000 per month
  • Show proof of citizenships or legal status
  • Show proof of employment for past 3 months
  • Provide phone and email address
  • Possess a checking account

Loan Process

In order to request for a loan through, borrowers will have to provide the standard information disclosed in the eligibility requirements. Once you submit your loan application, Bad Credit Loan provides your application to several lenders that will either approve or deny your loan request. If approved, your loan request will be reviewed more thoroughly where lenders are able to request your credit score through credit bureaus, which may affect your credit score.

After your credit information has been approved, you can receive one or more loan offers depending upon which lenders approved your request. From there on, you will be able to review the terms of your loan such as fees, interest rates, and other pertinent information that should be carefully considered before accepting the loan. Loan Request

Repayment Protocol

If a borrower agrees to the set terms of the loan provided by a lender, that borrower must then sign the loan agreement online with an electronic signature. Once signed and submitted, the loan funds are sent to the checking account provided during the loan application process via direct deposit, which typically take between 24 to 72 hours to arrive. Depending on the terms of the approved loan, repayment periods typically range between 3 to 36 months and come with high APRs (Annual Percentage Rates) between 5.99% to 35.99%. advices borrowers to contact their lender directly if they have any questions regarding their loan. It should be noted that heavy fees for late payments are enforced and for borrowers who miss a payment, their loan may go to collections, which could affect your credit.

Community Feedback

Consumer feedback regarding Bad Credit Loans is quite controversial when browsing their Better Business Bureau profile. Complaints regarding mild theft of funds to illicit loan applications without borrower consent are among the chief complaints regarding Bad Credit Loans. Older feedback featured at TrustPilot goes on to reveal positive user experience from those who were thankful to acquire the quick loan they needed through Bad Credit Loans.

Can I Trust Bad Credit Loans? kind of resides within the middle of the trust sphere. The operation isn’t necessarily untrustworthy, but it doesn’t appear to be the best loan purveyor either. However, considering the extensive track record of Bad Credit Loans and how their operation has been in existence for just over 20 years, we believe that as of 2018 that Bad Credit Loans is still a reliable and trustworthy loan service.

Bad Credit Loans Credit Help

Popularity is a pretty popular lending destination that possessed a SimilarWeb global rank of 57,270 and a US rank of 10,474 as of January 12th, 2018. Over 94% of the sites traffic originates from visitors who reside within the United States, while over 50% of the sites traffic derives from referral and e-mail based sources.

Bad Credit Loans Review Conclusion

Bad Credit Loans is one of the original innovators for rendering online loan services. Incepted back in 1998, has served as a viable service provider for potential borrowers and has helped many individuals in need of acquiring a loan able to obtain a loan quickly. Supporting nearly 1.5 million visitors per month while continuing to grow in popularity, we predict Bad Credit Loans to continue their quick and user-friendly loan service for many years to come.

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(Available only within the US, excluding NY.)

For people seeking an even better lending service, we’d recommend checking out our 24/7 Dollar Loan review.

If you have any feedback regarding Bad Credit Loans, we encourage you to share it in a comment below this review!

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