Small Loans for 500 Credit Scores
Having a 500 credit score doesn’t mean you’re out of options. At Yup Loans, we specialize in connecting you with lenders who look beyond just numbers to help you get the funds you need today3.
Get a decision in 3 minutes
Use funds for whatever you want
Applications open 24/7
No upfront fees or costs
Representative Example: $1,000 loan over a 12-month term would have a total cost, including interest, a total payback amount of $1,134.72. APR 29.82%. Rates between 5.99% APR and 35.99% APR for qualified customers2. Loan term lengths from 3 to 36 months for qualified consumers.
Why Choose Yup Loans for Personal Loans
Fast Application Process
Complete our straightforward online form and receive a response in approximately 3 minutes¹. No more wasting time on multiple applications or facing rejection after rejection. Our system works around the clock, so you can apply whenever works best for you – day or night
Quick Access to Funds
When unexpected expenses happen, waiting isn’t an option. That’s why we prioritize speed, with funds potentially arriving in your account as soon as the next business day after loan approval*. When bills are due, you need solutions now, not next week.
Best Loans for 500 Credit Score
Traditional lenders often reject applicants based solely on credit scores, but at Yup Loans, we understand your financial situation is more complex than a single number. Our network of lenders considers multiple factors beyond just your credit score, helping borrowers with poor credit find lending options when other banks and credit unions turn them away³.
How Loans for 500 Credit Score Work
Finding lenders willing to work with you can feel overwhelming when you have a lower credit score. Our service simplifies this process by connecting you with lenders who specialize in working with consumers across all credit ranges.
Our entirely digital application gets rid of the hassle of paperwork. Complete the secure online form, and our technology matches you with lenders who consider applicants with credit scores around 500³. Through our service, you’ll gain access to lenders who understand that your current credit report doesn’t define your ability to repay.
After accepting loan terms, funding typically processes quickly, with money deposited directly to your checking account – often by the next business day*. This straightforward approach helps you deal with urgent financial needs while maintaining clear expectations about repayment schedules and terms.
Get a Loan with a 500 Credit Score in 3 Easy Steps
1
Quick Application
Fill in our simple online form in minutes to connect with lenders who work with 500 credit scores.
2
Review Your Offer
Check the loan terms from our matched lender and decide if it’s right for your situation.
3
Get Funding
Once approved, money can be deposited directly into your account as soon as the next business day*.
You Can Use Emergency Loans for 500 Credit Score for…
When you have unexpected expenses and traditional lenders turn you away because of your credit score, our lending partners can provide funds for different legitimate financial needs, including:
- Car repairs or replacement parts
- Urgent medical or dental expenses
- Overdue rent or mortgage payments
- Utility bills to avoid service disconnection
- Emergency veterinary care
- Essential home repairs
- Unexpected travel
- Replacing necessary household appliances
- Bridging gaps between paychecks
- School or educational expenses
Reviews
Teresa L., Phoenix, AZ5: “As a single mom with a 500 credit score, finding emergency funds when my refrigerator broke seemed impossible. Yup Loans matched me with a lender who understood my situation. The terms were clear, the process was fast, and I could replace my fridge before all our food spoiled. Finally, a service that treats people like people, not just credit scores.”
Jason R., Detroit, MI5: “After being turned down by three banks because of my credit score, I was losing hope. Yup Loans connected me with a lender within hours, and I had the funds to fix my car the next day. The process was respectful and straightforward – no judgment about my past financial mistakes.”
Loans for 500 Credit Score FAQs
Can I get a loan with a 500 credit score?
Unlike traditional lenders who may automatically reject applications based solely on credit scores, the lenders in our network look at multiple factors when reviewing your application. Many people with credit scores around 500, including those with bankruptcy records or limited credit history, successfully qualify for loans through our service. Our lenders understand that your current credit score doesn’t tell your complete financial story and offer options when others may turn you away.
What lenders work with a low credit score?
At Yup Loans, we partner with expert lenders who regularly work with borrowers with low FICO scores³. Unlike traditional banks with strict minimum credit score requirements, our network includes online lenders who offer bad credit personal loans by considering your income and ability to repay rather than just focusing on credit history. This means you can get a personal loan with a 500 credit score through our service when others turn you away.
What types of loans are available for a credit score of 500?
With a 500 credit score, you can qualify for several unsecured loan options through our network3, including installment loans, payday loans, and short-term loans⁴. While traditional secured personal loans from banks might be challenging to get with a low credit rating without offering collateral, our lending partners work with borrowers across all credit ranges. The specific loan types, terms, and amounts available will depend on your financial situation, including income, employment status, and other factors beyond your credit score.
How quickly can I get emergency loans for a 500 credit score?
Emergency loans through Yup Loans are designed for speed. Complete our 3-minute application¹, get matched with lenders who specialize in 500 credit scores, and if approved, receive funds as soon as the next business day*. Some borrowers may even receive same-day funding when completing applications early in the business day, making these loans ideal for urgent situations when you just can’t wait.
How long does it take to rebuild credit from 500?
Rebuilding a credit score typically takes 6-12 months of consistent positive behavior. Taking out and responsibly repaying a loan can accelerate this process, as on-time payments get reported to credit bureaus. Many Yup Loans customers see credit improvement while addressing their urgent money issues, creating a win-win situation as they repay the loan according to their agreement.
Is it better to raise my 500 credit score before applying for a personal loan?
While improving your credit score might lead to better terms, waiting isn’t always an option when facing emergencies. Through Yup Loans, you can access bad credit loans now and potentially use that same loan to improve your credit score through responsible repayment. The maximum loan amount you qualify for may be affected by your 500 score, but our lending partners offer flexible options designed specifically for borrowers rebuilding their credit history through credit builder loans.
Will applying for a personal loan hurt my 500 credit score?
When you submit an application through Yup Loans, we perform a soft inquiry that doesn’t impact your credit score. However, if you accept a loan offer, the lender may perform a hard credit check, which could temporarily lower your score. On the positive side, making on-time payments on your new loan can potentially help improve your credit score over time. Our lending partners report payment history to credit bureaus, which means responsible repayment could help you build better credit.
Get Your 500 Credit Score Loan Today
Don’t let a 500 credit score stand between you and the funds you need. Our quick online application takes just minutes¹ – and you’ll get a fast decision without the lectures, the hassle, or the endless waiting.