Subprime Personal Loans
Flexible Personal Loans for Lower Credit Borrowers
Get funds even with lower credit
Subprime Personal Loans
Subprime personal loans provide access to funding for individuals with lower credit scores, offering flexible use of funds and faster approvals when traditional lending options are limited or unavailable.
How It Works
- Apply online with basic personal, financial, and income details
- Lender performs a soft or hard credit inquiry
- Receive loan decision, often within minutes
- Choose your loan amount and term
- Receive funds typically within 1–2 business days
- Repay the loan in fixed monthly installments over 1–5 years
Lower Credit Score
FICO Score 500 – 640
Shorter Terms
1 – 5 years
Smaller Loan Amounts
$500 – $25,000
Learn how
Subprime Personal Loans work!
Introducing Subprime Personal Loans:
-
- Loan/Line amount: $500 – $25,000
- Loan terms: 1 to 5 years
- Interest rates: 24% – 36%
- Collateral: None (unsecured)
- Credit score: 500 – 640
Faster Funding’s
Subprime Personal Loans
Access capital with lower credit
Subprime Personal Loans are designed for individuals with lower credit scores, typically between 500 and 640, who may not qualify for traditional prime personal loans. These loans offer access to essential funding for debt consolidation, medical expenses, home repairs, unexpected bills, and emergencies, despite credit challenges.
While subprime loans come with higher interest rates due to increased lender risk, they provide an accessible path to funding without requiring collateral, making them a practical option for individuals rebuilding their financial profile.
Benefits of Subprime Personal Loan
Subprime personal loans offer a funding option for individuals with lower credit scores who may not qualify for traditional financing. They provide quick access to cash, flexible use of funds, and an opportunity to address immediate financial needs while working toward improving overall credit standing.
- Designed specifically for borrowers with lower credit scores
- No collateral required
- Fast approval and funding
- Use for any personal purpose
- Can help rebuild credit with consistent, on-time payments
- Fixed monthly payments for predictable budgeting
Qualification Requirements
Borrowers typically must meet the following criteria:
✔ Basic Eligibility
- Must be 18 years or older
- Must be a U.S. citizen or permanent resident
- Must have a verifiable address
- Must provide valid identification (driver’s license, passport, etc.)
✔ Credit Requirements
- Minimum credit score: 500–640
- Some lenders may review:
- Recent payment history
- Debt-to-income ratio
- Existing obligations
✔ Income Requirements
- Must have a stable source of income, such as:
- Employment
- Self-employment
- Social Security
- Disability income
- Income must be sufficient to support monthly loan payments
How We Work. Our Mission & Values
At Faster Funding, we’re committed to helping businesses of all sizes succeed. Our Subprime Personal Loan programs are just one of the many ways we’re working to make that happen.
To learn more about our Subprime Personal Loans or to apply for other types of funding, please contact us. Our team of experts is standing by to help you find the perfect lending solution for your business.
Faster Funding is Here to Help
Frequently Asked Questions
We understand you are probably wondering how this all works. Here are some key topics to help you make informed decisions to unlock your business’s growth opportunities.
Can I qualify with recent credit issues?
Subprime lenders are more flexible, but severe recent delinquencies or an active bankruptcy may still limit options.
Will this help rebuild my credit?
Yes. Many subprime lenders report to credit bureaus, helping borrowers improve credit with on-time payments.
Do I need collateral?
No, these loans are 100% unsecured.
How fast can I get funded?
Many borrowers receive funding same day or next business day after approval.
Get Started
Contact us to learn more about our subprime personal loan programs. Our team of experts is standing by to help you find the perfect financial solutions for your business.
