Chase Bank Loans for Bad Credit
In life, unexpected financial situations occur often. For example, wedding costs, car payments, and college tuition are all costs that might need the help of a lender. When these situations occur, it can be difficult to find financial assistance without taking out a loan.
Chase Bank Loans for Bad Credit – 5 Best Alternatives
During financial emergencies, you have to get a personal loan from a qualified lender. Since Chase Bank doesn’t have personal loans, we’ve decided to help you by finding the best alternatives that are available.
No matter what personal loan you’re applying for, make sure that the loan terms meet your income and financial expectations. By doing this, you can find a lender with reasonable rates and pay off the loan in time.
And we’ll help you by describing the top 5 best alternative personal loans for bad credit.
№1. BadCreditLoans |
Overview:
- Minimum Loan Amount: $500
- Max Loan Amount: $5000
- Application Fee: $0
- Loan Term: 3-36 months
- Funding Time: Next day, in most cases
Bad Credit Loans ranks #1 on our list. At Bad Credit Loans, they understand that there are financial emergencies that are unplanned for, and they aren’t limited to helping customers with perfect credit.
Once approved, borrowers can receive their funds up to 1-2 Business days.
Their online system makes it easy for users to request a simple loan. Start by filling out their fast online request form, and you can receive a loan in minutes from their network of financial providers and lenders. The approved loan will be electronically deposited in your account.
Additionally, there’s no waiting for checks or approval in the mail. And, their network of financial service providers and lenders works with borrowers of good and bad credit. Usually, borrowers can take out a personal loan ranging from $500-$5000 using Bad Credits Loans.
Also, your data is protected when applying through their site. Bad Credit Loans protects user information with data encryption technology. This means that all of your data is private, keeping all of your loan information safe from scammers and third-party hackers.
If you’re looking for alternative chase bank personal loans for bad credit, Bad Credit Loans has the customer service team ready to assist your financial needs. They’ll help you obtain access to your past-due bills, fix your car, and whatever financial situation is holding you back.
№2. Personal Loans |
Overview:
- Maximum Loan Term: 6 Years
- Minimum Loan Amount: $500
- Maximum Loan Amount: $35,000
- APR: 2.47%
- Interest Rate Type: Fixed
Personal Loans is our #2 chase personal loans for bad credit. Personal Loans is a lending marketplace that gives consumers bank, peer-to-peer, and installment loans. Users are free to use these loans for any financial situation, from major purchases to medical procedures, home improvement, vacations, rent, and more.
Plus, the site has one of the most flexible loan terms available. For example, users can take out loans ranging from $500 to $35,000. And they have an APR from 5.99% – 35.99%, giving you at least 90 days to 72 months to fully pay off the loan.
When applying for a loan, you’ll be asked simple information such as:
- Your phone number, name, zip code, and email address, along with your military member service status and your birthday.
- Loan information, such as why you’re requesting a loan, your current credit score, and how much money you need to take out. Also, you’ll be asked for your state ID number or driver’s license, social security number, and the bank account you’re using to deposit your funds.
Once your loan request has been accepted, you’ll receive funds within one business day.
One of Personal Loans’ stand out features is its obligation free rates quote. While some online lending portals will connect you to a lender, only a few of them will do so without asking for your bank account information.
Personal loans allow users to see what type of loan offers are available without disclosing their details. This is a huge advantage on Personal Loans’ behalf. Thus, it’s ranked #2 on our list due to its convenience, privacy, and ability to provide loans for any financial emergency you’re facing.
№3. Cash Advance |
Overview:
- Certified and Tested Transactions
- No service fees after taking the cash
- Loan Range; $100 – $1,000
- Convenient Repayment Plans
- Requirements: 90-day job and $1000+ monthly income
Cash Advance ranks #3 on our list. Each lender in their network gives the borrower-specific terms, practices, and conditions before the customer’s acceptance of the loan. We suggest that you review the terms and conditions of any loan that’s offered to you. This will ensure that you will pay the loan off on time and prevent any late fees.
However, Cash Advance is not a direct lender and doesn’t provide short-term loans. Instead, they refer customers to lenders who might provide these loans. Their online loan application form is free and is used to help find potential lenders within their network.
Usually, borrowers can take out a loan ranging from $100-$1000 when using CashAdvance.com. Since they only direct borrowers to potential lenders, they are unable to provide the APR rates for the accepted loan.
We like Cash Advance because of its simple requirements. You’ll need the following things to be accepted for a loan:
- You must be 18 years of age.
- $1,000 monthly income after taxes.
After being accepted, you’ll have the opportunity to either accept or deny the lender’s terms. This unsecured loan has a maximum loan term of 12 months, which gives you an ample amount of time to pay it off.
Due to the ability to take out short-term loans, Cash Advance is the 3rd best alternative chase bank personal loan for bad credit. So think about using them if you’re in need of a quick financial solution!
№4. Check Into Cash |
Overview:
- Offers loans in 32 states
- Maximum Loan Amount: $1,500
- Maximum Fee: $20
- Loan Security: Unsecured
- Turnaround Time: 1-2 Business Days
Check Into Cash offers loans in over 32 states, which is more than most lending sites (i.e., Check City). Check Into Cash gives loans in states and it can offer different loans in their stores, depending on what state you’re living in. If you’re interested, look at Check Into Cash’s state center to find out what options are available in your location.
In some situations, you might need a larger amount of money than what the payday loan can provide. The lines of credit work like credit cards – you can make minimum payments and pay back what you need to use.
Users can take out a loan ranging from $50 – $1,500. Once your application is accepted, you’ll receive your funds within 1-2 business days. Here are the requirements needed to take out a loan from them:
- You have to be at least 21 years old.
- American Citizen
- Email Address
- Phone Number
Users like Check Into Cash because of its flexibility. After being accepted for a loan, the money can be used for any purpose. Check Into Cash is our 4th best chase auto loan for bad credit alternative for any user who needs to get their financial life back on board.
№5. Loan By Phone |
Overview:
- Minimum Loan Amount: $100
- Maximum Loan Amount: $15,000
- Loan Term: Varies based on state
- Turnaround Time: 24-48 hours
- Loan Security: Unsecured
Do you have any urgent expenses? If you’re in need of money for expenses such as car repairs or unexpected utility bills, Loan By Phone can help. This lender offers quick personal and installment loans for borrowers of all credit scores.
You can take out a loan around $100 to $15,000 depending on your credit score. Like its competitors, Loan By Phone offers an easy application process that connects you to a lender if you’re accepted.
Like most of the loans on this list, Loan By Phone gives users the opportunity to receive loans as fast as 1-2 business days. Make sure to follow these requirements to increase the chance of getting accepted:
- 21 Years or Older
- Social Security
- A Valid Email Address
- Phone Number
- Checking Account
Also, Loan By Phone uses practices by the Community Financial Services Association of America (CFSA). Since its a member of the CFSA, it gives users the ability to cancel their payday loans on the same business day. Thus, giving users a trustworthy company to take out quick personal loans to support their financial needs.
Lastly, Loan By Phone doesn’t make a charge a fee for paying your loan off early. Speak to one of their customer service representative 877-577-7977 to ensure that your loan is paid off. Above all, we believe that Loan By Phone is a good alternative for chase for users with limited or no credit.
Conclusion
Conclusively, these 5 alternative chase bank credit cards for bad credit can help you get the financial standing you need. We’d suggest using Bad Credit Loans and Personal loans if you need to take out a quick loan.
For people who like to take out loans by the phone, Loan By Phone gives you the opportunity to do so. And for the most loan flexibility, Cash Advance and Check Into Cash provide a lot of options for borrowers. No matter which one you choose, you’ll be connected to a lender that can help you during your financial situation.
Author: M. Shaldon
Darryl founded Smith Financial Advisors Inc. in 2006 after over 30 years experience in financial services including Mergers & Acquisitions, Investment Banking and traditional Commercial Banking activities at Bank One. Smith Financial Advisors is a Registered Investment Advisor in the State of Illinois. The firm specializes in Investment management, financial planning, and retirement planning.