💵 $500 Dollar Loan —
$500 Dollar Loan —
Get $500 Today
Need $500 fast? Bad credit OK. Scores from 500 accepted. Apply free in 2 minutes — same-day deposit available. Fixed monthly payments as low as $50/month. No hard pull.
Apply Now — Get $500 Today →
✓ Bad credit OK · ✓ Same-day deposit · ✓ No hard pull · ✓ ~$50/mo payment
Last updated: · Reviewed by Money247 Editorial Team
A $500 loan is the most accessible loan amount available — and the easiest to get approved for with bad credit. Lenders view $500 as a low-risk amount meaning approval rates are significantly higher than larger loan amounts. Money247.com connects you with 300+ lenders ready to fund $500 today. Bad credit accepted. Same-day deposit available. Monthly payment is approximately $50 — less than most people spend on dining out.
$500 Loan Monthly Payments — Choose Your Term
Estimated payments at 36% APR. Use the free calculator for your exact figures.
6 Months~$93/mo~$558
12 Months~$50/mo~$602
24 Months~$29/mo~$686
What People Use a $500 Loan For
$500 covers most common urgent financial gaps.
🔧
Car Repair — Small Fix to Get Back on Road
✓ Tires, battery, brakes, minor repairs
💡
Utility Bill or Shutoff Notice
✓ Electric, water, gas — stop the shutoff
🏠
Rent Gap — Bridge Until Payday
✓ Cover the shortfall on rent
🏥
Medical Copay or Prescription
✓ Cover medical costs not covered by insurance
🛒
Groceries and Household Essentials
✓ Feed your family between paychecks
🚨
Any Small Emergency
✓ Whatever $500 will solve right now
Key Facts — $500 Dollar Loan
~$50/moPayment over 12 months at 36% APR
500+Minimum credit score accepted
Same DayDeposit available before 2 PM weekday
HighestApproval rate of any loan amount
Need a Different Amount?
Best $500 Loan Lenders —
⭐ #1 Best $500 Loan — Money247 Top Pick
Money247 — $500 Loan Network
Best OverallHighest Approval
500+Min Score
$500Loan Amount
Same DayDeposit
Why it's #1: One application reaches 300+ lenders all competing to fund your $500. Because $500 is the smallest loan amount it has the highest approval rate of any loan — lenders view it as low risk. Bad credit accepted. Soft check only. Same-day deposit available. Monthly payment of approximately $50.
Highest approval rate — $500 is easiest
Scores from 500 accepted
Same-day deposit available
~$50/month payment
Soft check only
300+ lenders compete
Fixed monthly payments
All 50 states served
Apply Now — Get My $500 Today →
🥈 #2 Best — $500 Loan, No Credit Score
$500 Income-Only — No Score Required
No Min ScoreAny Income
NoneMin Score
$500Loan Amount
Same DayDeposit
Why it's #2: No minimum credit score for a $500 loan. Income and bank deposits are the only criteria. A $500 loan is so small that income-only lenders approve it easily — it is the most accessible loan amount for borrowers with the worst credit situations.
No minimum credit score
Any income source qualifies
Same-day deposit available
Easiest $500 approval available
Apply — $500 Loan, No Score Required →
Frequently Asked Questions
Can I get a $500 loan with bad credit?+
Yes. A $500 loan is one of the easiest loan amounts to get approved for even with bad credit. Apply free at Money247.com — scores from 500 accepted, same-day deposit available, no hard pull on your credit. Because $500 is small, lenders view it as low risk and approve it at much higher rates than larger amounts.
What is the monthly payment on a $500 loan?+
A $500 loan at 36% APR over 12 months costs approximately $50 per month. Over 6 months the same loan costs approximately $93 per month. Over 24 months the payment is approximately $29 per month. Use the free loan calculator at money247.com/loan-calculator.html for your exact figures.
How fast can I get a $500 loan?+
Apply before 2 PM on a weekday at Money247.com and receive $500 via same-day direct deposit. The application takes 2 minutes. A $500 loan is the fastest loan amount to process because it is the smallest and easiest for lenders to approve and fund quickly.
Is a $500 personal loan better than a $500 cash advance?+
Yes. A $500 personal installment loan at 36% APR costs approximately $50 per month over 12 months. A $500 payday cash advance at 400% APR costs $200 in fees if held for two weeks and requires full repayment in one lump sum. Same $500 — dramatically different cost and repayment structure.
Will applying affect my credit score?+
No. Checking your rate at Money247.com uses only a soft credit inquiry which does NOT affect your credit score.
Get $500 Today — Apply Free Now
One free 2-minute application. 300+ lenders. Bad credit accepted. No hard pull. Same-day deposit. ~$50/month payment. Highest approval rate of any loan amount.
Apply Free — Get My $500 Today →
Other Loan Amounts
Disclaimer: Money247.com is a loan matching service, not a direct lender. Loan approval is not guaranteed. Payment examples are estimates at 36% APR for illustration. Actual rates and payments vary by lender.
Need $500 Today?
Apply Free — Bad Credit OK
Highest approval rate of any loan amount. Bad credit accepted. No hard pull. Same-day deposit available. ~$50/month payment. Apply free in 2 minutes.
Apply Now — Get My $500 Today →
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