Easy Loans | 5 Best Easy Online Loans For Bad Credit in 2021

Easy loans can assist you in meeting your small, short-term cash requirements if your monthly paycheck is insufficient to cover your expenses. Thankfully, there are plenty of options available to you on the market, and many of the lenders allow you to acquire easy loans even if you have a bad credit history.

Follow along, as this guide lists the best loans that you can acquire easily and discusses important aspects, such as uses, eligibility criteria, characteristics, advantages, and disadvantages of these loans.

#1 Easy Payday Loans in 2021 – Viva Payday Loans

Easy Loans to Get – Top 5 Options

Here are the top 5 easy lenders with fast processing, quick payout, and no credit check.

  • Viva Payday Loans – Overall Best and Easy Loan Provider. Visit Now.
  • Credit Clock – Best Option for Fast approval. Visit Now.
  • Money Lender Squad – Best For No Guarantors. Visit Now.
  • Very Merry Loans – Best Option for a Same-day Loan Deposit. Visit Now.
  • Heart Paydays – Best for Low APR.  Visit Now.

What Are Easy Online Loans?

Easy loans are short-term, low-amount loans – mostly ranging between $100 and $5000 – with repayment periods ranging from two weeks to a few months or, in some cases, a year or two. These loans are relatively easy to obtain as compared to other types of longer-term loans. You need to either write a post-dated check or allow the lender to electronically debit your bank account for the amount of the loan, including fees or interest charges. At the time of the loan repayment, you can either deposit the cash or allow the lender to withdraw funds using the post-dated cheque or electronic debit.

Common uses of Easy Loans for Bad Credit

Borrowers usually take easy advances to fulfil their small and immediate cash needs. For example, you can use the loan for debt consolidation if the interest rate on it is lower than your existing loan. You can also use an easy loan to pay off your existing debt taken from a friend or a relative; however, this would cost you interest charges. A vast majority of borrowers use easy loans to shop for gifts and presents to celebrate Christmas, festivals, birthdays, and special events.

Easy loans can come to your rescue if you have bad credit and thus are unable to get larger and long-term loans. Paying for medical emergencies, overdue utility bills, vehicle or appliance repairs,  and clearing overdraft bank balances are some other common uses of easy loans.

How To Qualify Easy Loans For Bad Credit (Eligibility Criteria)

You must meet the following four basic requirements to qualify for easy loans:

  • You must be at least 18 years old.
  • Must have a valid identification document.
  • Have an active checking bank account.
  • Paystub or proof of income.

Best Easy Loans Online Approval – Fully Reviewed

Here is the detailed review of the features and benefits the best lenders of easy loans online approval:

1. Viva Payday Loans – Overall Best for Easy Payday Loans

Viva Payday Loans offers various types of easy loans that range from $100 to $5,000 with repayment terms between 3 months to 24 months, depending on the amount borrowed. With Viva Payday Loans, you have the option to get $100 loans, bad credit loans, 1-month loans, bad credit personal loans, no credit check loans, among other types of loans. The expected APR on the loans is usually between 5.99% and 35.99%, but the rate can vary depending on the lender, the amount borrowed, repayment terms, and other factors.

Table of APR rate, loan amount range, loan term range and star rating.

If you want to acquire a 1-month easy pay loan, you can consider the following lenders available on Viva Payday Loans:

Lender Loan Amount Loan Term APR Rating
OppLoans $500 – $4,000 1 month 100% – 160% 10/10
Rise Credit $500 – $5,000 1 month 50% – 300% 10/10


  • Payout within 24 hours.
  • Application processing within minutes
  • Flexible payment terms: weekly, biweekly, or monthly.


  • While APRs on most types of loans stay within the 5.99% – 35.99% range, some loans have higher APRs that can increase your cost of borrowing money.

Viva Payday Loans provides you with a breadth of loans, so you can pick the one that suits you. If you have a bad credit history, the platform connects you with easy loans for bad credit direct lenders, which can reduce your cost of acquiring a loan. Alternatively, you can also get no credit check loans from a variety of lenders using the Viva Payday Loans platform. Due to the different types of loans available to borrowers, Viva Payday Loans can be your best choice for acquiring quick loans with terms that suit you.

2. Credit Clock – Best for Easy Personal Loans

Credit Clock provides easy loans between a range of $100 and $5,000 with repayment terms from two to six months. The broker has many direct lenders on its loan portfolio providing bad credit easy loans and personal loans. The application and approval process takes only a few minutes and disbursements are made within 24 hours, which makes the portal ideal for borrowers who want quick cash. Most loans that you get using the Credit Clock portal have an APR between 5.99% and 35.99%.

Table of APR rate, loan amount range, loan term range and star rating.

Lender Loan Amount Loan Term APR Rating
LendUp $100 – $5,000 1 to 6 months 5.99% – 35.99% 9/10
Rise Credit $500 – $5,000 1 to 6 months 5.99% – 35.99% 10/10


  • Suitable for bad credit borrowers
  • Approval within minutes
  • Cash transfer within 24 hours.


  • Credit term available for 6 months only
  • Eligibility is subject to earnings of $1,000 per month.

Credit Clock serves customers of all states except Vermont, Arkansas, West Virginia, Connecticut, New York, New Hampshire, Minnesota, Montana, South Dakota, and Indiana. The broker caps the APR at 36% and provides loan terms from three to six months. The loan application and approval processes are quick and you can choose the platform for fulfilling your urgent cash requirements. The distinguishing point of the portal is that it introduces you to lenders that accept borrowers with bad credit.

3. Money Lender Squad – Best for Easy Pay Loans

Money Lender Squad offers easy payday loans from $100 to $5,000 with loan terms ranging from three to six months. The platform serves as a broker and submits your loan request to different direct lenders who vet your application and process the application in minutes. The Money Lender Squad platform is particularly useful for those borrowers who want to take no guarantor loans, no credit check bad credit instant approval loans. So, if you have a bad or no credit history, you can still get a loan at affordable terms.

Table of APR rate, loan amount range, loan term range and star rating
Lender Loan Amount Loan Term APR Fees Rating
Upstart $1,000 – $5,000 3 to 6 months 5.99% – 35.99% 8% Max. 9/10
LendingPoint $2,000 – $5,000 1 to 6 months 10% – 35.99% Upto 6% 9.5/10


  • No guarantor requirements
  • Quick processing
  • Suitable for no or bad credit borrowers.


Money Lender Squad provides you easy access to easy loans while capping the APR under 36%, which can lower your cost of acquiring loans. The broker connects you with various lenders that specializes in advancing loans to bad or no credit borrowers. While you might be charged a higher APR for your bad credit score, you still have a high chance of securing a loan using the Money Lender Squad portal.

4. Very Merry Loans – Best for Easy Loans Online Approval

Very Merry Loans offers easy payday loans, as well as cash loans, guarantor loans, instalment loans, and personal loans that range from $100 to $2,000 whereas the payment terms of the loans range between two and 12 months. The platform serves U.S and UK customers – for U.S customers, the APR usually ranges from 5.99% to 35.99% while for UK customers the range can be from 49.9% to 1,333%, depending on the lender and other factors.

Borrowers from the U.S and the U.K who are above the age of 18, possess a valid government-issued ID, and have proof of income can apply for the loans. Lenders on Very Merry Loans allow you to get easy loans and bad credit instant approval, which means that you can get your loans processed within minutes and can access the funds within 24 hours from the time of loan approval.

Table of APR rate, loan amount range, loan term range and star rating

Lender Loan Amount Loan Term APR Fees Rating
OneMain Financial $1,500 – $2,000 2 to 12 months 18% – 35.99% 1% to 10% origination fee 9/10
LendingClub $1,000 – $2,000 2 to 12 months 7.04% – 35.99% Upto 6% 9.7/10


  • Loans are extended to borrowers with bad credit and low income.
  • Quick application processing and payout.
  • Available for U.S and UK customers.


  • High APR for U.K borrowers.

Very Merry Loans acts as a broker and connects you with various lenders where you have a higher chance of getting the loan at suitable terms. Lenders on the platform use auto decision making which means that the decision to approve or disapprove your loan application is done automatically by the system instead of humans. This ensures quick processing of applications and results in swift disbursement of the loan amounts.

5. Heart Paydays – Good for Easy Money Loans

Heart Paydays is another loan broker that allows you to borrow up to $5,000 for 2 to 24 months. The lenders usually charge APR between 5.99%  and 35.99% on these loans. Lenders on Heart Paydays allow borrowers of any FICO score to apply for loans. Other than easy payday loans, Heart Paydays also offers instalment loans, including bad credit loans, guaranteed instalment loans for bad credit, guaranteed loan approval and no credit check, among others.

Table of APR rate, loan amount range, loan term range and star rating

Lender Loan Amount Loan Term APR Rating
LendUp $100 – $5,000 1 to 6 months 5.99% – 35.99% 9/10
ACE Cash $200 – $2,000 7 to 30 days 5.99% – 35.99% 9/10


  • Long and flexible repayment terms
  • Borrowers with bad credit are accepted
  • Borrowers with any FICO score can apply for a loan


  • High fees on some types of loans

Heart Paydays has many lenders that provide easy loans to borrowers who are unemployed, have bad credit and temporary cash problems. The platform is easy to use, and you can quickly submit your loan application which is processed promptly within a few hours. The cash disbursement is done within 24 hours. Most lenders associated with the platform charge reasonable APR, which ranges from 5.99% to 35.99%.

Features of Easy Loans

These loans are small loans – usually starting from $100 to $5,000 – and have shorter repayment terms, ranging from one month to a year, or two at most. These loans are also sometimes termed as cash advances, payroll loans, salary loans, and others. There are plenty of online platforms that act as brokers, which you can use to find lenders for borrowing funds. Alternatively, you can also find direct lenders yourself and negotiate the amount of loan, payment terms, and APR charged by the lender. Getting loans from direct lenders can be cheaper as compared to engaging third-party online platforms. However, the platforms can help you speed up the process, saving you a lot of time and helping you find the right lender with appropriate loan terms.

Most lenders scrutinize and process the applications using automatic systems, which helps reduce the time spent over vetting the applications. Cash disbursements are done online, mostly within 24 hours after the loan is sanctioned. The rate of APR charged varies by lender, loan terms and conditions, and the state in which you are based. Some states have capped the APR at 36%, so lenders have to charge the borrowers from those states in accordance with the stipulated range.

Most lenders extend loans to borrowers with a bad credit history or no credit history at all. However, such borrowers are usually charged higher APRs than those of stable or good credit history.

Advantages and Disadvantages of Easy Loans for Bad Credit

Here are some of the benefits of taking out easy loans instead of other types of loans:


  • Quick loan approvals make easy loans simpler to acquire, using which you can fund your immediate cash needs.
  • Funds are available to you within 24 hours after loan approval.
  • Loan applications are submitted online and are processed promptly, which significantly reduces the time between application submission and cash disbursement.
  • Because the loan application process is online, there is no need for extensive paperwork or frequent telephonic or physical communication.
  • Most lenders extend loans to easy loans for bad credit borrowers as well due to which these types of loans are popular among no credit or bad credit borrowers.
  • Because these loans are small loans and lenders base their decisions on your recent income and expenses, a credit check is usually not required.


  • APRs can be high for bad credit borrowers or borrowers from the states where APRs are not capped by law.

How to Get Easy Loans Online

Getting easy loans is simple and quick, thanks to the online application process that has completely removed the extensive and unnecessary paperwork and eliminated the need for physical and telephonic communication. In this section, we will demonstrate step by step how you can complete your application form for getting an easy loan. We will be using the website of Viva Payday Loans – an easy loan platform – for this example. However, the principle of the application process remains the same and you can apply the same procedure across all other easy loan platforms.

Step 1: Visit Viva Payday Loans

You need to go to the website of the lender or the loan platform, such as Viva Payday Loans, to initiate your loan application process. When you visit the website of Viva Payday Loans, you will be greeted with the following homepage of the website.

The homepage of the website has the option that allows you to select the amount of cash you want to borrow and the term for which you want to borrow the amount. On the right section of the window, you can view the expected APR for the loan you selected and the expected time by which you will receive the funds in your account.

After selecting your desired amount and term of the loan, click on the ‘Request Funds’ button to initiate the loan application process. This will open a new window containing an online application form.

Step 2: Complete the Application Form

You need to enter the loan amount and your email address in the online form that popped up after the first step. You’ll have to input your personal details such as first name, last name, date of birth, phone number, address, zip code, city of residence, state, residence status, income type, net monthly income, pay frequency, and mode of payment, etc.

After inputting your details, click on the submit button to submit your application for further processing at the lender’s end.

Step 3: Get your Decision

After you submit your details, you should expect to get a decision in the next five minutes – and you will be informed about the outcome of your application.

Step 4: Receive your Easy Online Loans

If your application for a loan is approved, you’ll have to sign an agreement and send it to your broker, after which the funds would be disbursed to your bank account. You should thoroughly study the agreement before signing to know about the critical aspects of your loan.

Request Your Easy Loans at our Top Rated Provider – Viva Payday Loans


How do lenders give easy pay loans without a credit check?

I am based in Connecticut. Why am I unable to get an easy loan?

What interest rate should I expect to pay on an easy loan?

Can I get an easy loans online approval without a bank account?

How can I improve my chances to get an easy loan if I had a bad credit history?

About Jayme Wium PRO INVESTOR

Jayme is a professional freelance writer specializing in personal finance, business, nutrition, botany and mental health. She has studied extensively in these fields and spends a considerable amount of her time creating content to help simplify complex concepts for the everyday person.

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