$200 Loan with Poor Credit

Borrow money with a $200 loan for people with poor credit. Direct lenders standing by to process your application and hopefully make you a short term loan offer. These are installment loans, not payday loans, you have several months to repay the borrowed funds.


No Hard Credit Checks to Get $200

Our signature loan lenders do not check your FICO credit score and do not consider the big 3 credit bureaus when assessing your application. They may review an industry specific report that details your past personal loan transactions. Also, your application will not show upon your FICO credit report.

What is Considered Bad Credit?

Bad or poor credit is a term usually reserved for people who have a 600 credit score or lower. Above a 700 credit score is considered pretty good and anything above 750 is very good. If you have had some financial trouble in the past that reflect poorly on your credit score, we may still be able to help you get approved for a small loan. Our lenders are more concerned with your ability to repay that personal loan.

Is This a Payday Loan?

Financing that goes through our network of lenders is usually in the form of an installment loan and is not a payday loan. So what is the difference? A $200 installment loan gives you more time to repay the borrowed money compared to a 200 dollar payday loan that is usually due in full on your next payday.


Can I Get Pre-Approved?

The only way the direct lenders can accurately assess you for creditworthiness is by having you complete an application. There really is not pre-approval process. The application is as short as possible to make it fast and convenient. 

How Does the Process Work?

Once you complete an application we attempt to match your application with a professional lender that specializes in applications like yours. Completing an application with us is like completing 200 applications on other websites. If we can match you with a lender, you will receive a personal installment loan offer even with poor credit. At this point, you can review the loan offer and the terms and conditions. Decide if you wish to accept the agreement.

Check Loan Payments and Interest Rate

If you accept the loan agreement, the funds will be sent direct to your bank account based on the terms of the lender. Be sure you are aware of, and comfortable with the loan payments and interest rate. All lenders have different terms and APRs (Annual Percentage Rate).

What is Required to Get a $200 Loan?

In order to be considered for a $200 loan:

  1. Must be 18 years old.
  2. Must have an open and active checking account.
  3. Must have a solid monthly income.
  4. Must have a residential address.

The more money you make and the longer you have had your job, will be contributing factors determining how much you can borrow. Also where you live can play a major part in the loan approval. Some states prohibit short term loans.

Poor Credit 200 Dollar Loan

PoorCredit.org is not a lender and does not make any lending decisions. All terms are between you and the lender. We may receive compensation from lenders in our network.