📅 Fixed Monthly Payments — Bad Credit OK —
Personal Loans for Bad Credit —
Fixed Monthly Payments
One fixed monthly payment. No surprises. No balloon payments. Bad credit accepted from 500. Apply free in 2 minutes — same-day funding available. Know your payment before you apply.
Apply Now — See Your Monthly Payment →
✓ Fixed monthly payment · ✓ Bad credit OK · ✓ No hard pull · ✓ Same-day funding
Home › Personal Loans for Bad Credit Monthly Payments
Last updated: · Reviewed by Money247 Editorial Team
A fixed monthly payment loan gives you complete budget certainty. You know your exact payment on day one — it never changes. No balloon payment due in two weeks. No rate increases. Just one predictable monthly payment until the loan is paid off. Bad credit accepted from 500. Apply free in 2 minutes.
Example Monthly Payments — Bad Credit
See what your monthly payment looks like at common loan amounts.
$1,000
At 36% APR / 12 months
≈ $101/mo
$2,000
At 36% APR / 12 months
≈ $202/mo
$3,000
At 36% APR / 24 months
≈ $171/mo
$5,000
At 36% APR / 24 months
≈ $285/mo
Key Facts — Bad Credit Monthly Payment Loans
FixedMonthly payment — never changes
500+Minimum credit score accepted
12–60 MoFlexible repayment terms
Same DayFunding available weekdays
Best Monthly Payment Lenders for Bad Credit —
⭐ #1 Best Fixed Monthly Payment Loan — Money247
Money247 — Fixed Payment Bad Credit Loans
Fixed PaymentsBad Credit OK
500+Min Score
$50KMax Loan
FixedRate
Why it's #1: Every loan through Money247.com is a fixed-rate installment loan — one payment, same amount, every month until paid off. No surprises. Bad credit accepted. Soft check only. See your exact monthly payment before accepting any offer.
Fixed monthly payment — never changes
No balloon payments
Scores from 500 accepted
12 to 60 month terms
Soft check only
300+ lenders compete
Same-day deposit
Builds credit with on-time payments
Apply Now — See Your Monthly Payment →
🥈 #2 Best — Lowest Monthly Payment Option
Longest Term — Lowest Monthly Payment
Up to 60 MonthsLowest Payment
500+Min Score
60 MoMax Term
FixedRate
Why it's #2: Want the lowest possible monthly payment? Choosing a 48 to 60 month term significantly reduces your monthly obligation. Best for borrowers on tight budgets who need to keep monthly costs as low as possible.
Up to 60 month repayment
Lowest possible monthly payment
Fixed rate — never adjusts
Same-day deposit available
Apply — Lowest Monthly Payment →
Frequently Asked Questions
Can I get a bad credit loan with fixed monthly payments?+
Yes. All personal loans through Money247.com are fixed-rate installment loans with one consistent monthly payment. Bad credit accepted from 500. You can see your exact monthly payment before accepting any offer.
What is the monthly payment on a bad credit personal loan?+
Monthly payments depend on your loan amount, interest rate, and term. As examples at 36% APR: a $1,000 loan over 12 months costs about $101 per month. A $3,000 loan over 24 months costs about $171 per month. A $5,000 loan over 36 months costs about $228 per month. Use the free loan calculator at money247.com/loan-calculator.html for exact figures.
How can I get the lowest monthly payment?+
Choose the longest repayment term available — 48 or 60 months. This spreads your loan over more payments making each one smaller. The tradeoff is you pay more total interest over the life of the loan. Use the free calculator at money247.com/loan-calculator.html to compare total cost across different terms.
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.
Fixed Monthly Payments — Bad Credit Accepted
One fixed payment every month. No surprises. Bad credit OK from 500. No hard pull. Same-day funding. See your exact payment before you accept.
Apply Free — See Your Payment →
Related Loan Options
Disclaimer: Money247.com is a loan matching service, not a direct lender. Loan approval is not guaranteed. Payment examples are estimates only. Rates and terms vary by lender.
Bad Credit — Fixed Monthly Payments —
Apply Free in 2 Minutes
See your exact monthly payment before accepting. Bad credit OK from 500. No hard pull. Same-day funding available nationwide.
Apply Now — See Your Monthly Payment →
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