澳洲幸运5官方开奖结果体彩网

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Best Emergency Loans for Bad Credit for June 2025

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Credit Score
Loan Amount

What to Know First

With fast funding times, flexible repayment terms, and secured loan options, is our choice for the top lender for 澳洲幸运5官方开奖结果体彩网:bad credit emergency loans. Depending on your credit score and financial need, another lender on our list may be better for you. For example, borrowers with poor credit or no credit history may have better luck getting approved by Upstart, which does n🃏ot require a credit score. 

Most 澳洲幸运5官方开奖结果体彩网:personal loan lenders can fund a loan within a few business days, but some offer better options in an emergency than others. We evaluated 59 lenders based on funding time, rates and fees, repayment terms, customer experience, and many othe🅘r criteria to select the best emergency l🅘oans for bad credit.

Today's Top Picks
Why Trust Us
59
Lenders reviewed
45
Loan features considered
2,655
Data points analyzed
284
Primary data sources used
Investopedia collected data from dozens of lenders to evaluate the factors most important for borrowers. We used this data to rank each lender based on APRs and fees, loan amounts, repayment terms, customer experience, and more to provide unbiased, comprehensive reviews and help you make the right borrowing decision for your needs.

What to Know First

With fast funding times, flexible repayment terms, and secured loan options, is our choice for the top lender for 澳洲幸运5官方开奖结果体彩网:bad credit emergency loans. Depending on your credit score and financial need, another lender on our list may be better for you. For example, borrowers with poor credit or no credit history may have better luꦿck getting approved by Upstart, which does not require a credit score. 🃏;

Most 澳洲幸运5官方开奖结果体彩网:personal loan lenders can f🌳und a loan within a few business days, but some offer better options in an emergency than others. We evaluated 59 lenders ꦏbased on funding time, rates and fees, repayment terms, customer experience, and many other criteria to select the best emergency loans for bad credit.

Today's Top Picks

Why Trust Us

59
Lenders reviewed
45
Loan features considered
2,655
Data points analyzed
284
Primary data sources used
Investopedia collected data from dozens of lenders to evaluate the factors most important for borrowers. We used this data to rank each lender based on APRs and fees, loan amounts, repayment terms, customer experience, and more to provide unbiased, comprehensive reviews and help you make the right borrowing decision for your needs.
Company APR Credit Score est. Loan Amount More Details
Best Overall, Secured Loans, Flexible Repayment Terms
Upgrade
APR Range
7.99% - 35.99%
Recommended Minimum Credit Score
580
This lender does not disclose its minimum credit score requirements.
Loan Amount
$1,000 - $50,000
澳洲幸运5官方开奖结果体彩网:See Details 澳洲幸运5官方开奖结果体彩网:Check Rates
Best for Low Minimum Credit Requirement
Upstart
APR Range
6.60% - 35.99%
Recommended Minimum Credit Score
300
This lender does not disclose its minimum credit score requirements.
Loan Amount
$1,000 - $50,000
澳洲幸运5官方开奖结果体彩网:See Details 澳洲幸运5官方开奖结果体彩网:Check Rates
Best for Fast Funding
LendingClub
APR Range
7.90% - 35.99%
Recommended Minimum Credit Score
660
This lender does not disclose its minimum credit score requirements.
Loan Amount
$1,000 - $40,000
澳洲幸运5官方开奖结果体彩网:See Details 澳洲幸运5官方开奖结果体彩网:Check Rates
Also Good for Secured Loans
Universal Credit
APR Range
11.69% - 35.99%
Recommended Minimum Credit Score
580
This lender does not disclose its minimum credit score requirements.
Loan Amount
$1,000 - $50,000
澳洲幸运5官方开奖结果体彩网:See Details 澳洲幸运5官方开奖结果体彩网:Check Rates
Best Credit Union, Co-Borrower
Patelco Credit Union
APR Range
9.30% - 17.90%
Recommended Minimum Credit Score
640
This lender does not disclose its minimum credit score requirements.
Loan Amount
$300 - $100,000
澳洲幸运5官方开奖结果体彩网:See Details 澳洲幸运5官方开奖结果体彩网:Check Rates
Also Good with a Co-Borrower
Prosper
APR Range
8.99% - 35.99%
Recommended Minimum Credit Score
600
This lender does not disclose its minimum credit score requirements.
Loan Amount
$2,000 - $50,000
澳洲幸运5官方开奖结果体彩网:See Details 澳洲幸运5官方开奖结果体彩网:Check Rates

Best Overall, Secured Loans, Flexible Repayment Terms : Upgrade

Investopedia's Rating
4.2

  • APR Range: 7.99% - 35.99%
  • Loan Amount: $1,000 - $50,000
  • Loan Terms: 24 months - 84 months
Why We Chose It

For fair and poor credit borrowers, Upgrade offers a range of repaym𓆏ent term opti💝ons, fast funding, and a couple of ways to get a lower rate, potentially: joint applications and loans secured by collateral.

Pros & Cons
Pros
  • Funding within one business day

  • Allows co-applicants and secured loans

  • Wide range of repayment term options

  • Minimum credit score of 580

Cons
  • Origination fee up to 9.99%

  • High maximum APR

  • Late payment fees

Overview

Upgrade is our top emergency loan option because it offers competitive starting interest rates, fast funding, and is available to borrowers with fair credit. It also offers loan terms up to ไ84 months and the opportunity to get a secured loan (using a car as collateral). If you need help getting approved, Upgrade allows you to apply with a co-borrower.

Loan funding is fast—as soon as the day after your loan is approved—which is helpful if you’re in a bind. There’s a broad range of lo🦋an amounts, too, starting at just $1,000, so you don’t need to borrow more than you need.

All of this flexibility comes at a price. Upgrade charges an 澳洲幸运5官方开奖结果体彩网:origination fee of up to 9.99%, deducted from your initial loan proceeds, and it charges late payment fees. Interest rates top out at 35.99%, and fair and 澳洲幸运5官方开奖结果体彩网:poor credit borrowers will most likely be offered rates🐭 closer to the maximum APR than the minimum. 

Upgrade is a fintech compan🍸yꦡ founded in 2017 and headquartered in San Francisco, Calif.

Additional Details

Minimum Credit Score 580
Origination Fees 1.85% to 9.99%
Membership Requirement None
Available Discounts Autopay and direct payment discounts

Best for Low Minimum Credit Requirement : Upstart

Investopedia's Rating
4.0

  • APR Range: 6.60% - 35.99%
  • Loan Amount: $1,000 - $50,000
  • Loan Terms: 36 months - 60 months
Why We Chose It

Upstart’s minimum credit score requirement is 300, and it accepts college students and graduates with no credit history, making it a good choice for 澳洲幸运5官方开奖结果体彩网:poor credit borrowers. Funding is fast, too, which makes ♔it a good pick in an emergency.

Pros & Cons
Pros
  • You may qualify with poor credit or no credit

  • Low starting APRs

  • Funding the next business day

  • No minimum income requirement

Cons
  • Origination fee as high as 12%

  • Late payment fee

  • Only two repayment term options

Overview

Upstart doesn’t require a credit score to approve an application—borrowers need either a credit ⭕score or to have graduated (or currently be enrolled in) a higher education program. Upstart says its AI-based applic💮ant scoring model allows it to lend to a broader range of borrowers, with fewer defaults.

Upstart’s APRs are competitive (especially among lenders that serve fair and poor credit borrowers) on the high end of the range. Upstart’s minimum adver♒tised🐓 APR is among the very lowest of the 59 lenders we surveyed. Repayment terms are limited to three and five years, so if you need more time, you may need to consider a different lender. 

Origination fees bump all the way up to 12% of the♈ borrowed amount, and late fees are charged, too.

Lending platform Up📖start was founded in 2012 and is head🌃quartered in San Mateo, California.

Additional Details

Minimum Credit Score 300 or no credit history
Origination Fees 0% to 12%
Membership Requirement None
Available Discounts None

Best for Fast Funding : LendingClub

Investopedia's Rating
4.0

  • APR Range: 7.90% - 35.99%
  • Loan Amount: $1,000 - $40,000
  • Loan Terms: 24 Months - 72 Months
Why We Chose It 

LendingClub says mos𒉰t loan applications can be approved in a few hours, and the funds can be delivered to the borrower’s account shortly afte🦋r. Your funding time will depend on your situation, but you can expect loan proceeds in a few days.

Pros & Cons
Pros
  • Quick lending decision

  • Direct payment for debt consolidation

  • Allows co-applicants

  • Allows borrowers to refinance and get more cash

Cons
  • Origination fee of up to 8%

  • Late payment fee

Overview

LendingClub’s minimum recommended creditꦜ score of 660 is high for borrowers with bad credit, but you can apply with a co-borrower, which can improve y🐟our profile. With fast application decisions (within a few hours), you can have your funds the next day, or even the same day.

While we’ve called LendingClub an option for emergencies, it’s also a good choice if you’re 澳洲幸运5官方开奖结果体彩网:consolidating debt. It will pay your creditors directly, which is convenient for you 🎃and will mitigate risk for the lender. If you run into a jam later, you can refinance your loan and get more cash. LendingCub calls this a “TopU💜p” loan.

LendingClub’s rating in the J.D. Power U.S. 2024 Consumer Lending Satisfaction Study is just about average for the industry as a whole, but it ranks higher than other lenders that specialize in fair or bad credit loans.

LendingClub is an online bank that launched in 2007 and provides a full suite of banking and investme🔜nt services in addition to personal loans. It is headquartered in San Francisco, California.

Additional Details

Minimum Credit Score 660
Origination Fees 0% to 8%
Membership Requirement None
Available Discounts Debt consolidation discount

Also Good for Secured Loans : Universal Credit

Investopedia's Rating
3.7

  • APR Range: 11.69% - 35.99%
  • Loan Amount: $1,000 - $50,000
  • Loan Terms: 36 months - 60 months
Why We Chose It

Universal Credit accepts applications from borrowers with credit scores as low as 580. If you don’t qualify for an 澳洲幸运5官方开奖结果体彩网:unsecured loan, the lender may🍨 offer you a secured loan (backed by your car).

Pros & Cons
Pros
  • May offer auto-secured loans

  • Offers a wide range of loan amounts

  • No minimum income requirement

Cons
  • High APRs

  • Minimum 5.25% origination fee

  • Limited repayment term options

Overview

Like its parent Upgrade, Universal Credit offers personal loans backed by vehicles. Offering collateral, such as a car, may help you🐬 get appro💖ved for a loan. The downside is that if you stop making payments, the lender may claim your car.

If you’re considering Universal Credit, you can check your rate and other terms through 澳洲幸运5官方开奖结果体彩网:pre-qualification without hurting your credit score. Universal Credit will pay your other creditors directly if you’re using the loan for debt consolidatio🌟n. 

Investopedia encourages borrowers to shop around and that’s especially true here. Universal Credit is one of the more expensive options we surveyed, with high 🔜APRs and pricey origination fees. Take advantage of pre-qualification to see what you qualify for.

Universal Cre🧔dit is an online lending platform based in San Francisco, California, and has been offering personal loans since ⛎2020.

Additional Details

Minimum Credit Score 580
Origination Fees 5.25% to 9.99%
Membership Requirement None
Available Discounts Autopay and direct payment discounts

Best Credit Union, Co-Borrower : Patelco Credit Union

Investopedia's Rating
4.6

  • APR Range: 9.30% - 17.90%
  • Loan Amount: $300 - $100,000
  • Loan Terms: 6 months - 84 months
Why We Chose It

Patelco is our top-rated 澳洲幸运5官方开奖结果体彩网:credit union for personal loans.🌺 Because it’s a credit union, its APRs are capped at 18% (Patelco’s maximum isಞ 17.90%). It also features flexible repayment terms, funding as soon as the same day, and co-borrowers are allowed.

Pros & Cons
Pros
  • Flexible loan amounts and repayment terms

  • Low APRs

  • No origination fee

  • Same-day funding possible

Cons
  • Must become a member to apply for a loan

  • Branches only in California

  • 640 minimum credit score

Overview

Despite its higher 澳洲幸运5官方开奖结果体彩网:minimum credit score requirement, Patelco is our pick for the best credit union for 澳洲幸运5官方开奖结果体彩网:bad credit emergency loans because of its flexibility. It offers l♕oans as small as $300 and as large as $100,000. Loan terms are flexible, too, from as short as six months to as many as 84 months. Interest rates are competitive, and the maximum is cappeඣd at 18%.

If your credit score is below 640, you can apply with a co-borrower, which can improve you♑r chances of getting approved. Patelco offers a couple of rate discount opportunities, including a rate reduction for consistent on-time payments. 

Finally, Patelco offers secured loans (backed by a savings account), and a 澳洲幸运5官方开奖结果体彩网:credit builder loan,🌳 designed to help people with lower credit scꦑores improve them.

Initially founded in 1936, Patelco has 37 branches across Northern California. While credit unions only offer perso✃nal loans to members, Patelco makes it easy for anyone to join, even people who don’t live or work in the region.

Additional Details

Minimum Credit Score 640
Origination Fees None
Membership Requirement Yes
Available Discounts Commitment discount, consistent payment discount

Also Good with a Co-Borrower : Prosper

Investopedia's Rating
3.9

  • APR Range: 8.99% - 35.99%
  • Loan Amount: $2,000 - $50,000
  • Loan Terms: 24 months - 60 months
Why We Chose It

Prosper is a peer-to-peer lending platform and borrowers with credit scores as low ꦇas 600 can apply. Co-borrowers are allowed, and funding can be🦩 made as soon as the next day.

Pros & Cons
Pros
  • Joint applications

  • Fast funding

  • No minimum income requirement

Cons
  • Origination fee up to 9.99%

  • Poor J.D. Power rating

Overview

Prosper’s minimum required credit score is 600. If your score is lower than that, or if you want to try for lower rates and better terms, you can apply with a co-borrower. This makes both borrowers responsible for repaying the loan (and you both have a right to the proceeds). Pro🐬sper offers loans up to $50,000 and rates align with other bad credit lenders. Funding can be as soon as the next business day, which may be important in an emergency. 

Prosper charges an origination fee of betw♍een 1% and 9.99% of the loan amount. That fee will be deducted from the loan proceeds, so plan accordingly and borrow enough to cover your needs and the origination fee. Prosper a🦹lso charges late fees.

Prosper earned a below-average score in the J.D. Power 2024 U.S. Consumer Lending Study. The study asked borrowers about their experience with personal loan lenders.

Prosper was founded in 2005 and is headquartered in San Francisco, California. Prosper is the first pee💧r-to-peer lending marketplace and has issued more than 1 million loans to borrowers.

Additional Details

Minimum Credit Score 600
Origination Fees 1% to 9.9%
Membership Requirement None
Available Discounts None

Compare the Best Emergency Loans for Bad Credit for June 2025

Best For
APR Range
Average Origination Fee
Late Fee
Time to Receive Loan
Loan Amount
Latest Repayment
Reset All
Upgrade Best Overall, Secured Loans, Flexible Repayment Terms 7.99% - 35.99% 1.85%–9.99% $10.00 1 day $1,000 - $50,000 84 months 澳洲幸运5官方开奖结果体彩网:Check Rates
Hide, not for me
Upstart Best for Low Minimum Credit Requirement 6.60% - 35.99% 0.00%–12.00% 5% of the late payment amount or $15, whichever is greater 1 days $1,000 - $50,000 60 months 澳洲幸运5官方开奖结果体彩网:Check Rates
Hide, not for me
LendingClub Best for Fast Funding 7.90% - 35.99% 0.00% - 8.00% 0.00% 0 Days $1,000 - $40,000 72 Months 澳洲幸运5官方开奖结果体彩网:Check Rates
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Universal Credit Also Good for Secured Loans 11.69% - 35.99% 5.25% - 9.99% $10.00 1 day $1,000 - $50,000 60 months 澳洲幸运5官方开奖结果体彩网:Check Rates
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Patelco Credit Union Best Credit Union, Co-Borrower 9.30% - 17.90% 0.00% 3% of loan payment or $5, whichever is higher 0 days $300 - $100,000 84 months 澳洲幸运5官方开奖结果体彩网:Check Rates
Hide, not for me
Prosper Also Good with a Co-Borrower 8.99% - 35.99% 1.00% - 9.99% $15.00 or 5.00% of the unpaid payment. 1 day $2,000 - $50,000 60 months 澳洲幸运5官方开奖结果体彩网:Check Rates
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*APR ranges for some companies include a discount for autom🎐atic payments or existing bank customers.

Why Trust Us

Investopedia collected and analyzed hundreds of key data points from 59 companies over three months to identify the most important factors for readers choosing an emergency loan for bad credit. We used this data to review ea🦹ch company for rates, fees, repayment terms, credit requirements, and other 🐻features. We developed this process to provide unbiased, comprehensive reviews to ensure our readers make the right decision for their needs. Investopedia launched in 1999 and has been helping readers find the best personal loans since 2015.

Common Personal Loan Terms

Understanding key terms🦋 can help you make smarter purchasing and borro🐼wing decisions.

Cost Comparison:♓ Emergency Loan vs. Emergency Fund

An 澳洲幸运5官方开奖结果体彩网:emergency fund is a special savings account where you keep money to help you when you need it. While saving money fo🐻r emergencies ahead of time is difficult, it’s much cheaper than borrowing to pay for an emerge🐻ncy. 

Let's compare the cost of building a $3,500 emergency fund to the cost of repaying a $3,500 emergency loan.

We'll assume an interest rate of 30% for the emergency loan, representing "bad" credit interest rate offers you might receive. Also, let's assume a four-year repayment term (48 months) and 澳洲幸运5官方开奖结果体彩网:use a ♉loan calculܫator to find a monthly payment of $113.24. After 48 months you will repay ♊the $3,500, plus $2,549 in interest expense for a total repayment of $6,049.

Meanwhile, instead of finding room in your budget to repay a loan, you find room to invest in a 澳洲幸运5官方开奖结果体彩网:high-yield savings account that earns 5% interest. You send that same $113.24 monthly to your emer✨gency fund savings account. After two years and six months, your account will have grown to $3,625, with $229 of that 𒈔interest you earned on $3,397 in deposits. (You can calculate your own savings goals with this .) As you can see, the savings are substantial.

   Goal Interest  Months  Out-of-Pocket
Emergency Loan  $3,500 $2,549 paid 48 $6,049
Emergency Fund  $3,625 $229 earned 30 $3,397

Frequently Asked Questions

How We Choose the Best Emergency ♉Loans for Bad Credit

To evaluate and rank personal loan providers, we collected and scored over 2,600 data points from 59 lenders, including traditional banks, credi🅰t unions, fintechs, and finance companies. We researched and evaluated 45 criteria, such as APRs, loan amounts and terms, fees, customer experience, and more. Research and data collection occurred from July 23 to October 18, 2024. 

We organized th🐻e 45 criteria into four categories and weighted 26 (involving more than 1,500 data points), using the others for background and editorial richness. We then scored and weighted each criterion to develop our overall star rating for each lender. The categories and their weights for this projec꧙t are:

  • Loan Costs: 30%
  • Loan Terms: 22% 
  • Borrowing Requirements: 24%
  • Lender Features: 24%

To maintain the integrity of the data following collection and analysis, Investopedia’s compliance team monitors changes to key details, like interest rates and fees. Compliance team members then update ℱour pages to ensure they are accurate as of the date on the byline.

Learn more about how we evaluate personal loans in 澳洲幸运5官方开奖结果体彩网:our complete methodology.

The image features a graphic with the title “Investopedia Best Personal Loans” inside a diamond-shaped white area. Surrounding it are stylized illustrations of coins, sparkles, and a person being lifted by a large magnet-like object, symbolizing financial attraction or solutions. The background is in shades of pink and red, suggesting themes of monetary assistance or credit-related topics.

Joules Garcia / Investopedia

Article Sources
Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.
  1. J.D. Power “.”

  2. Consumer Financial Protection Bureau. ""

  3. FICO. ""