✦ Updated  ·  Bad Credit Accepted  ·  Fixed Monthly Payments  ·  Same-Day Funding
📅 Installment Loans — Bad Credit —

Installment Loans for
Bad Credit — Fast Approval

Fixed monthly payments. Longer repayment terms. Much better than payday loans. Scores from 500 accepted. Apply free in 2 minutes — same-day funding available.

Apply Now — Bad Credit OK →
✓ Bad credit OK  ·  ✓ No hard pull  ·  ✓ Same-day funding  ·  ✓ Free to apply
✅ Bad Credit OK
⚡ Same-Day Funding
🔒 No Hard Pull
🏦 300+ Lenders
🆓 Free to Apply
Home › Bad Credit — Fast Approval
Last updated: · Reviewed by Money247 Editorial Team
Installment loans give you fixed monthly payments over a set period — completely different from payday loans. Instead of owing everything back in 2 weeks you pay in equal monthly installments over 12 to 60 months. Bad credit accepted from 500+. Same-day funding available. Apply free in 2 minutes at Money247.com.
Key Facts
$500–$50KAvailable amounts
12–60 MoFixed repayment terms
Same DayFunding available
500+Min credit score
Top Lenders —
⭐ #1 Top Pick — Money247
Money247 Installment Loan Network
Best OverallBad Credit OK
★★★★★
4.9 / 5
500+Min Score
$50KMax Loan
Same DayFunding
Why it's #1: One application reaches 300+ lenders offering installment loans specifically for bad credit borrowers. Fixed monthly payments make budgeting easy. No surprise fees or rollover traps like payday loans.
Fixed monthly payments12 to 60 month termsScores from 500 acceptedNo payday rollover traps300+ lenders competeSame-day fundingNo hard pull to check rateAll 50 states served
Apply Now — Check My Options →
🥈 #2 Best for Bad Credit — No Min Score
Income-Only Installment Loans
No Min ScoreIncome Only
★★★★★
4.8 / 5
NoneMin Score
$10KMax Loan
24 HrsFunding
Why it's #2: No minimum credit score. Approval based entirely on income and bank activity. Fixed monthly payments spread over 12 to 24 months. Far better than any payday loan.
No minimum credit scoreIncome-based approvalFixed monthly paymentsSame-day deposit available
Apply With Any Credit Score →
🥉 #3 Best for Larger Loans
Large Installment Loans Bad Credit
Up to $50K550+ Score
★★★★☆
4.6 / 5
550+Min Score
$50KMax Loan
Same DayFunding
Why it's #3: For bad credit borrowers who need larger amounts with longer terms. Up to $50,000 over 60 months keeps monthly payments low even at higher rates.
Up to $50,000 installment550+ score acceptedUp to 60 month termsLowest monthly payments
Apply for Larger Loan →
Frequently Asked Questions
What is an installment loan?+
An installment loan is a personal loan repaid in fixed monthly payments over a set period — typically 12 to 60 months. Each payment covers principal and interest. Unlike payday loans you know exactly what you owe each month and when you will be debt-free.
Are installment loans better than payday loans for bad credit?+
Yes — dramatically better. Installment loans have rates of 29% to 36% APR vs 400%+ for payday loans. You repay over 12 to 60 months vs 2 weeks. Monthly payments are fixed and predictable. And there are no rollover fees that trap you in a cycle of debt.
How fast can I get an installment loan with bad credit?+
Apply before 2 PM on a weekday at Money247.com and receive funds the same business day. Bad credit borrowers with any regular income typically receive multiple offers within minutes of applying.
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. A hard inquiry only occurs when you formally accept a specific loan offer.

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One free 2-minute application reaches 300+ lenders. Bad credit accepted. No hard pull. Same-day funding available.

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Disclaimer: Money247.com is a loan matching service, not a direct lender. Loan approval is not guaranteed. Rates and terms vary by lender.

Fixed Payments.
Bad Credit Accepted.

Apply free in 2 minutes. Bad credit OK. No credit score impact. 300+ lenders. Same-day funding available nationwide.

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