Get a $6,000 Personal Loan even with Poor Credit
Discover $6,000 personal loans with convenient monthly payments. BadCredify finds you lenders that accept poor credit history.
Written By:
Edited By: Janice Myers
Posting Date:
Are you looking for an unsecured personal loan with a flexible monthly payment? Check our top five personal loan lenders that allow you to borrow a $6,000 loan with a reasonable interest rate. Many lenders operate online, but not all are suitable for specific purposes, such as debt consolidation or home improvement. BadCredify helps you choose the right lender with an easy application and approval process.
Best $6,000 Personal Loans to Get Online with Lower Credit Scores
★★★★★
Est.APR
6.40% – 35.99%
Loan amount
$1,000 – $50,000
Min Score
300
More About
PROS
- Quick access to loan funds;
- No prepayment penalties;
- Flexible monthly payments;
- Beyond credit score verification (soft credit check);
- Flexible loan amounts.
CONS
- Origination fees up to 10%;
- High annual percentage rate;
- Co-signers aren’t allowed;
- Limited repayment loan terms.
REQUIREMENTS
- Be at least 18 years old;
- Prove your US citizenship or permanent residence;
- Provide your bank account information
- Show your monthly income (at least $2,000 monthly income) by providing pay stubs, tax forms, or bank statements;
- Have fair credit (at least 300);
- Provide an active email address and phone number.
WHO IT’S FOR
Poor credit borrowers who can’t qualify for traditional personal loans.
FEES
- Origination fees up to 10%;
- $15 late fee
- $15 NSF fee
Editor’s Thoughts
Upstart allows you to borrow from $1,000 to $50,000 with flexible monthly payments. But their personal loan for 6,000 dollars is the most borrowed loan product. This service accepts bad credit borrowers and provides fast funding within 24 hours of approval. Also, you can change your payment date and pre-qualify with a soft credit check. Upstart may charge an origination fee of up to 8% for unsecured loans.
★★★★☆
Est.APR
8.49% – 35.99%
Loan amount
$1,000 – $50,000
Min Score
Doesn’t specified
More About
PROS
- No prepayment penalties;
- Multiple rate discounts;
- Next-day funding;
- The due date may be changed;
- Direct payments for debt consolidation.
CONS
- APRs may be high;
- Origination fees are charged;
- Late fees may be applied.
ELIGIBILITY REQUIREMENTS
- Be a U.S. citizen, a permanent resident, or living in the U.S. on a valid visa;
- Be at least 18 years old (19 in Alabama and some other states);
- Give a working email address;
- Provide valid bank account details;
- Confirm a sufficient monthly income to cover your loan payments.
WHOM IT SUITS
Fair-credit borrowers who need the money quickly.
FEES
- Origination fees: 1.85% to 9.99%;
- Late payment fees: $10;
- Non-sufficient funds fees: $10 per payment returned.
Editor’s Thoughts
UpGrade is here to provide you with a $6,000 loan through the available loan amounts range of up to $50,000. Most personal loans are borrowed with a lump sum. Their origination fees range from 1.85% to 9.99%, plus the late and failed payment fees are 10$. Bad credit scores are welcome, but the minimum credit rating requirement is 560. There is no hard credit inquiry.
★★★★☆
Est.APR
9.116% – 29.99%
Loan amount
$2,000 – $45,000
Min Score
640
More About
PROS
- Low annual percentage rate;
- Wide range of available loan amounts;
- Same-day funding in some circumstances;
- Accessible for fair credit borrowers.
CONS
- High origination fee (up to 9%);
- No cosigners are allowed for joint loans;
- It is not available in all states.
- Limited term lengths range from 36 to 60 months.
REQUIREMENTS
- Be at least 18 years old;
- Prove your US citizenship or permanent residence;
- Provide your bank account information
- Show your monthly income (at least $2,000 monthly income) by providing pay stubs, tax forms, or bank statements;
- Have fair credit (at least 640);
- Provide an active email address and phone number.
WHO IT’S FOR
Poor credit borrowers who need to make a significant debt consolidation.
FEES
- Origination fees of up to 9%
- $15 late fee
- $15 NSF fee
Editor’s Thoughts
Rocket Loans offers a $6,000 loan with an option to pre-qualify with a soft credit check. Also, you have a discount on interest rates for autopay and fast funding. You can get in medium a $5,000 loan up to $45,000, which is available for different purposes. These lenders charge fees from 1.49% to 8.48%. However, Rocket Loans provides no direct payment to creditors with debt consolidation loans and has only two repayment term options. Also, there is no co-sign or joint loan option. The late and unsuccessful payment fee is $15.
★★★★☆
Est.APR
8.99% – 25.81%
Loan amount
$5,000 – $100,000
Min Score
None
More About
PROS
- Low interest rates
- Co-borrowers are allowed
- No prepayment penalties
- Flexible loan amounts
- Wide repayment terms
- No origination fee
CONS
- Good credit is required
- Late fees might apply
- No co-signer option available
- No physical branches
REQUIREMENTS
- Be at least 18 years old
- Prove your US citizenship or permanent residence
- Provide your bank account information and social security number
- Show your monthly income by providing pay stubs, tax forms, or bank statements
- Provide an active email address and phone number
WHO IT’S FOR
Applicants with good to excellent credit scores who want to consolidate debt, make major purchases, and cover significant medical bills.
FEES
- Optional fees (up to 6%)
Editor’s Thoughts
Personal loans from $5,000 to $100,000 are available through SoFi. The service also offers a joint loan option with convenient monthly payments. SoFi provides multiple rate discounts for personal loans for bad credit scores. More than that, the company offers a hardship program for borrowers in need and a mobile app to manage loans. However, there is no option to choose the initial payment date.
BadCredify evaluates lenders based on more than 70 rating criteria, including interest rates, repayment terms, eligibility requirements, fees, consumer experience, affordability, and more. Find out more about our full methodology.
How to Get a $6,000 Loan?
The first step to getting a $6,000 loan is to verify your credit rating. It will indicate what type of interest rates you could have to pay, as well as if you will qualify for a loan. A credit score as low as 550 may be considered by some lenders.
The second step is filling out the loan application form online or offline. You can access the websites of the above-mentioned lenders and shop around by yourself to find reliable loan providers. More than that, you can check your local bank or credit union. Some can even offer a personal loan with a cosigner, and you may get reasonable interest rates.
Can I Get a $6,000 Loan with Bad Credit?
Yes! A $6,000 loan with bad credit is available for borrowers who can’t qualify for better loans with banks or credit unions. The lenders mentioned above may help you get a $6,000 loan, even with a poor credit rating, without affecting it in the long term.
Get a Personal Loan for Your Needs
- Check customized interest rates from trusted lenders in a few minutes
- Applying does not affect your credit score
- Loan amounts up to $6,000
- Any credit score is accepted
Qualifying for $6,000 Loans
To get eligible for a $6,000 loan, you must fulfill the following criteria:
- You must be at least 18 years old.
- Have US citizenship or permanent residency in the United States;
- Pay stubs or bank statements might be used to prove your consistent income.
- Provide your bank account information, phone number, and email address.
Methodology
BadCredify chose these loan providers based on primary factors, such as interest charges, loan amounts, credit rating requirements, and repayment terms. We provide the most concise and transparent information to help you make an entirely informed decision when you need to get a $6,000 loan.
Frequently Asked Questions
The minimum credit rating for a $6,000 personal loan varies by lender. Typically, most loan providers require you to have at least 600, but finding a lender with no credit requirements is possible.
You can get a $6,000 loan with a soft credit check. Actually, a “no credit check” means only an overview of your credit, but it’s not performed through major credit bureaus.
A $6,000 loan may suit you if your savings account is empty or you have no emergency funds. This amount could help you cover significant debts and save your budget. If not, you can avoid paying interest and pay off your expenses from your pocket.
You can use a $6,000 loan to cover credit card debt, pay medical bills, or renovate your house, but it’s not a rule. You can spend it on whatever you want.