500 Loan | Bad Credit Loans

Get a 500 loan even if you have bad credit. Get several months of installment payments to repay the loan. Wirelend has been working with people all over the United States to try and get them approved for small loans. These $500 loans have terms generally up to 9 months and it does not matter if you have good or bad credit. We will still attempt to match you with a direct lender and try to get you approved. 

$500 Bad Credit Loan


A 500 loan is not a lot of money but if you are looking for a monthly installment loan, we may be able to match you with a lender and you could receive a loan offer in minutes. If you have bad credit or no credit we may still be able to get you approved for financing. A $500 bad credit loan can help you cover a few expenses that might be weighing on your mind.

What About My Credit?

In most cases it may be in your account by next business day. You will know in seconds if you have been approved and your credit score will not be a factor. Lenders in our network do not check your credit score with the 3 big credit bureaus. Your score will also not affected by the application.

Ways to Help Stretch Your Monthly Budget

Buy In Bulk:
Bulk buying refers to buying plenty of stuff for further future consumption. Sometimes buying something by piece is not good, especially if you use that thing frequently, like ingredients for food. Washing powders should be bought in bulk as well as you can always use this for washing. This kind of buying is applicable if you have a considerable budget for this. Some of these bills can be large at the time of purchase. But they will save you money in the long run instead of multiple small purchases on a recurring basis. Spending up to five hundred dollars a time on groceries seems like a lot, and it is. However, if you only go shopping once month or so it doesn't seem so bad.


Learn to Play Music:
With the internet being so available these days you can teach yourself to play a musical instrument without paying for expensive lessons. You can buy most instruments for under $500. There are tutorials online that can get your started and help teach you the basics of any instrument you want to play. Playing music is a great for your brain and also for your wallet. It costs very little to buy a used instrument and learn to play it. Also other people love hearing live music. A $500 loan could purchase many different types of instruments.

Live In a Modest Home:
It may be best to live in a smaller house because having a very big house is not easy to maintain and aside from that, only few people will surely occupy such a mansion. So you are logically wasting space in making a big house. A small house may be not ideal to everyone but it sticks you with your family members and gives you more time to talk together. You may be able to get your mortgage payment under $500 per month. Which is a great accomplishment.

500 Loan Direct to Your Bank Account

Our lenders do not run a hard credit report. You could get a 500 dollar loan sent direct deposit to your bank account. Which means they never look at your actual credit score with the 3 main credit bureaus. Therefore your actual credit score is basically irrelevant. They may pull a personal loan industry report to see if you have multiple loans out or have defaulted on any loans recently.

A $500 loan with monthly installment payments is also known as a signature loan. So unlike pawn stores or title lenders, you will not be required to provide collateral for this loan. You may qualify for more. Our lenders generally finance $500 up to $2500. Many factors go into the loan offer, from where you live to how much you make in an average month. 

What Can I Do With the $500 Installment Loan?

This is certainly a very individual question. Most people find that a $500 installment loan is a great way to cover a short term or unseen expense. However, you can also use the money for shopping or getting a new set of tires on your car. Lots of people in America use small dollar loans to shore up their bank account until they're pay checks hit their account and they can budget for the future.

Do I Need a Cosigner?

You do not need a cosigner. The installment loans offered by our lenders are personal loans and you either qualify on your own merit or not at all. We attempt to match you with a lender based on the information you submit on your application. If we are not able to match you with a lender then you will not receive a loan offer and we wish you the best of luck securing financing elsewhere. 

Disclaimer: Our lenders may direct deposit the money to your bank account. The application only takes a couple minutes and you may have the money you need to cover your short term cash needs. Must be 18 to apply. WireLend is not a lender. There are no guarantees you will receive a loan offer.