What are the easiest loans to get approved for?

The easiest loans to get approved are loans that don't require a credit check such as payday loans, pawnshop loans, car title loans, and personal loans with no credit check. These types of loans offer quick funding and have minimal requirements, so they’re easy to get even for people with bad credit.

Below, you can compare some of the easiest personal loans to get approved for right now.

Easy Personal Loans to Get Approved For

• Best for Medical Bills: 60MonthLoans - (17.75% - 35.90% APR)
• Best for Fast Loan Funding: Avant - (9.95% - 35.99% APR)
• Best for Bad Credit: OppLoans - (99% - 195% APR)
• Best for a Low APR: Upstart - (6.6% - 35.99% APR, typically)
• Best for Small Loan Amounts: Oportun (35.95% - 35.99% APR)

A personal loan from OppLoans is one of the easiest loans you can get approved for because there’s no credit check when you apply. All you’ll need is to be at least 18 years old, have U.S. citizenship or permanent residency, and have enough income to make your payments each month. Integra Credit and 60MonthLoans are two similar options.

Among lenders that do a credit check, the easiest loans to get approved for are from LendingPoint. This online lender requires a credit score of 620 or higher for approval. LendingPoint loans also range from $1,000 - $36,500, require repayment in 24 - 72 months, and have an APR range of 7.99% - 35.99%.

Types of Loans That Are Easy to Get

1. Payday Loan

   A payday loan is a small, short-term loan that you pay back with your next paycheck. Because payday loan lenders don't check your credit, these loans are usually easy to get, but payday loans are incredibly expensive compared to normal personal loans, so they are not worth pursuing except as a last resort.

2. Car Title Loans

   Car title loans usually allow you to borrow anywhere from 25% to 50% of the value of your vehicle in exchange for the car’s title, which serves as collateral for the loan. This type of loan typically comes with a monthly finance fee of 25% and a short payoff term of 15-30 days, so be cautious.

3. Pawnshop Loans

   A pawnshop will evaluate a personal item that you bring in as collateral and loan you a percentage of its value. Pawnshop loans offer instant cash but can sell your property if you fail to repay the loan.

4. No Credit Check Loans

   A no credit check loan is the easiest type of loan to get approved for, though it isn't necessarily the best choice for everyone. No credit check loans are usually quite a bit more expensive than loans from lenders that check your credit.

5. Unsecured Personal Loans

   Many unsecured personal loans may be easy for people with bad credit to get approved for since they typically have a credit score requirement of 580 or higher. However, these loans are risky for lenders to offer since you do not have to put up collateral. 

6. Secured Personal Loan

   The reason secured personal loans are easy to get approved for is that you will have to put up collateral that the lender can keep if you don't pay the loan back. This minimizes the lender's risk, so the approval criteria are relatively easy to meet.

7. Borrow From a Friend or Family Member

   You might find it easy to get a loan from a friend or family member, as they are less likely to be concerned with your credit.

8. Emergency Loans

   Emergency loans are personal loans that you can get within a few business days to pay for unexpected expenses such as hospital bills, auto repairs or fixing storm damage. They can offer up to $100,000 in funding, low minimum APRs and long repayment periods.

9. Hardship Loans from Local Government

   All states offer hardship or disaster loans, whether it’s to help pay rent or to keep a small business afloat. These loans typically have eligibility requirements that are different from state to state.

10. Hardship Distribution from Your 401(k)

    You can withdraw money from your 401(k) because of an important, immediate financial need. However, you cannot take out more than necessary to satisfy the need and you cannot repay the withdrawal.

11. 401(k) Loan

    A 401(k) loan lets you borrow money from your retirement account. You will need to repay the loan, along with interest, within 5 years of taking it out, or else there are taxes and penalties, in most cases. 

12. Paycheck Advance

    A paycheck advance is a way to get a portion of your next paycheck from your employer earlier than scheduled. Not all employers offer this service, though.

Upstart Disclosure: The full range of available rates varies by state. A representative example of payment terms for an unsecured Personal Loan is as follows: a borrower receives a loan of $10,000 for a term of 60 months, with an interest rate of 19.60% and a 6.90% origination fee of $690, for an APR of 23.22%. In this example, the borrower will receive $9310 and will make 60 monthly payments of $264. APR is calculated based on 5-year rates offered in March 2025. There is no downpayment and no prepayment penalty. Your APR will be determined based on your credit, income, and certain other information provided in your loan application. Not all applicants will be approved.