Low Income Loans – No Cosigner, Bad Credit OK

When you’re not rich, getting even a small loan can be difficult. The SSI Cash Advance lending network, with more than 100 partners, can help you find cheap payday loans to pay the bills. No matter whether you need money for medical expenses, automobile repairs, or unexpected bills, you have a good opportunity to get approved. You don’t need a cosigner and you don’t need great credit.

You don’t need a cosigner.

Have you ever been forced to involve your spouse, parents, or close friends because the bank wouldn’t approve you for a loan? It’s hard to get an affordable personal loan when the banks say you’re too poor.

A cosigner is a great way to get more cash from your application. Someone who makes a higher salary than you or has a better credit score than you agrees to “back” the loan. If you don’t pay when it’s due, then the cosigner is responsible for paying. If no one pays, you can both damage your credit reports and financial future.

If you don’t have someone you trust to cosign or just don’t want to bother, you’re in luck. Today’s lenders have relaxed standards to help subprime borrowers take out quick cash for emergency expenses.

You don’t need great credit.

It’s possible to get low income loans even if you have bad credit or no credit.

With a traditional bank loan, your credit report would be poked and prodded to uncover all the gritty details. The bank looks for past mistakes as a reason to reject your application. If you forgot to pay a bill, if you have too many credit cards, or if you look like a high credit risk, you can get denied.

Even cheap payday loan providers need to make sure you can repay your debts with your stated income. You may not receive a credit inquiry from one of the “Big 3” (Experian, Equifax and TransUnion), the major credit bureaus that track all of your financial history, such as your mortgages, credit cards, student loans, car loans, and store cards. Instead, the lenders may use a different credit agency to check your payment history and outstanding debts. Teletrack, for example, is one way of checking whether you have defaulted on any other cash advance loan recently.

There’s no need to search for bad credit payday loans. Fill out a short “getting started” form and a loan specialist will contact you with more instructions.

You don’t need a job.

You don’t need an 8 to 5 job, but you do need a regular income. Most lenders cannot afford to give money to people who make less than $800 per month. That’s about $200 a week or $5 an hour, less than minimum wage.

Do you receive regular disability payments or checks from the Social Security Administration? Do you get alimony or bonus checks? As long as you have a steady income, you may qualify for at least a few hundred dollars to tide you over until the next deposit comes in.

Income Guidelines

These loan income guidelines will give you an idea of how much you’ll need to make to take out a short-term cash advance. They are examples only; each company uses its own criteria to approve your application. First-time borrowers typically receive smaller loans than repeat customers.

Gross Monthly Income Gross Yearly Income Loan Qualification
Less than $800 Less than $9.600 $0
$800 $9,600 Up to $1,000
$1,000 $12,000 Up to $1,200
$1,250 $15,000 Up to $1,500
Gross income means before taxes and deductions

You can get market rates and lender approval in as little as 5 minutes.

When you submit your information today, you will receive interest rates across the market. Unlike big banks that jack up loan rates for poor people, SSI Cash Advance uses a wide network of lenders to get you competitive fees and repayment terms. Our partners compete for your business, so they make the process as easy as possible. No faxing, no cosigners, and no hassles. Just access to the low income loans you deserve.

Learn more.


50 Responses to Low Income Loans – No Cosigner, Bad Credit OK

  1. I need help with a loan.o hope you can help me i need 4000 .with term i can pay back can you help asp i dont no were to turn help thank you so much

    • Loan Supervisor March 5 at 10:58 pm

      Robert, fill out the request form. Lenders may get in touch about installment loan options.

    • Loan Supervisor April 25 at 10:49 pm

      A short-term cash loan may give you some relief. Start by filling out a few details on the interest form.

  2. Wanting to start a small business with my son!Lawncare and snow removal, needing money for start up

  3. Joseph t Elliott January 4 at 1:13 am

    Im on disability only getting $735 s month i don’t have away back and fourth to the stores doctors or anything no one to come pick me up when i need help getting around. Please im asking for help paying down on a car that I’ve found.

  4. Rissett Bonilla November 28 at 10:26 am

    I really need a loan to help me pay my back rent and for the few last months I been try but being on disability SSI is hard really hard so I’m hoping someone could help me thank you

  5. stacy Morris July 10 at 8:33 pm

    We have found a home. It connects to the property we already own where we lives up until 9-2013 when a fire broke our and claimed our daughter’s life and our 2 pets too along with everything else. Now the place next to it is up for sale. It would be a dream come true to be able to be there for the rest of our lives. To find a little bit of happiness again.

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SSI is a cash loan matching service. We do not take applications, make credit decisions or grant personal loans. Instead, we connect you with companies who fund your loan request. We are not an agent, broker or representative of any lender. Our representatives cannot guarantee approval or contract details. Some products may be restricted in your area due to state laws.

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Always act responsibly when dealing with finances, debts, lines of credit, and cash advances. Payday loans are intended for short-term use only. You are encouraged to look at other options if you need long-term financial relief. SSI Cash Advance does not provide investment or legal advice to visitors and is not responsible for visitor actions.