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Best Bad-Credit Loan Lenders in Florida

MoneyGeek evaluated more than 30 data points to come up with our top picks for bad-credit loans in Florida. These data points include APR ranges, fees, loan amounts and repayment periods.

We also reviewed factors affecting your loan application like minimum credit score requirements and maximum debt-to-income ratio.

Our guide shares information on the pros and cons that you may want to consider before applying for a personal loan. This information can help you determine the ideal lender for your needs.

Best Overall Bad-Credit Loan in Florida: Upstart

  • Upstart

    • 3.22% to 35.99%APR Range
    • 300Minimum Credit Score
    • $1,000 to $50,000Loan Amount Range
    • 36 to 60 monthsRepayment Terms
    • Next DayTime to Receive Funds


Runner-Up for Best Bad-Credit Loan in Florida: Upgrade

  • Upgrade

    • 5.94% to 35.47%APR Range
    • 560Minimum Credit Score
    • $1,000 to $50,000Loan Amount Range
    • 36 to 60 monthsRepayment Terms
    • Same DayTime to Receive Funds


How to Choose the Best Bad-Credit Loan in Florida for You

Personal loans help individuals secure funds for various immediate needs. MoneyGeek found out that the average Florida resident has an average personal debt of $10,400.

Before starting your loan application, reviewing your current financial situation is wise. Doing so will prevent you from incurring fees and help you identify how much you need. The following steps can help you find the ideal bad-credit loan lender in Florida.


Ask Yourself the Important Questions

Before searching the internet or asking for lender recommendations, reviewing your financial status and funding needs is a must. Evaluate your current outstanding debt and determine if you can still afford to take another one out.

MoneyGeek suggests you ask yourself these questions:

  • How much funding do you need?
  • What’s your credit score?
  • Can you afford the monthly payments?
  • Do you have existing debts?
  • Is your debt manageable through other means?

Do Your Research

Start by checking different lenders who offer loans to borrowers with poor or bad credit. Check their requirements and how much you’ll need. Aside from knowing and identifying the lender’s rates, find out if they allow co-signers or not.

MoneyGeek’s resources may help you find the information you need, but it’s better to do your research since our recommendations are based on a general borrower profile.


Read the Fine Print

The first lender you’ll find in your research may not be the most optimal one for your needs and preferences. It’s best to read the details and check if there are other fees required or modifications that you can make to the loan.

Note that this will help prevent additional fees when you sign the loan agreement, saving you money over the term of your loan.



Once you find the most suitable lender, it’s best to give yourself some time to think. Use this period to check reviews about the lender and see how they manage their customers. You can also evaluate other resources that may help you with your financial needs. If there are jargons that confuse you, it’s best to consult your lender.

Remember that taking out a loan is a serious commitment that may take years to repay. Weigh the pros and cons so you can arrive at a wise decision.



Once you understand everything and feel confident about your decision, it’s time to start filling out your application form. Lenders generally ask for your proof of identification, employment status, financial history and records.

Generally, applying online is more convenient as long as the lender allows it. However, if the option is available, visiting a lender in person to complete your application can be helpful to ensure you fill it out correctly and get any questions you have answered.

What to Do if You Can’t Get a Bad-Credit Loan in Florida

There are instances where lenders may not approve your loan even if you meet their requirements. Lenders can deny your application due to you failing to fulfill requirements, having incomplete information, having unstable employment or having a high debt-to-income ratio.

The best thing to do is ask your lender what their reasons were for declining your application. Once you know, this will help you improve the situation and try applying for a loan again. If your lender declined your application due to missing details, ensure that you fill out those. You may also ask for alternative or substitute requirements if you miss one.

Alternately, you may modify the loan terms. Changing the loan amount or adjusting the repayment terms may also be another way to resolve the matter.

You might be tempted to seek out payday loans. Although these sound like a good deal, MoneyGeek recommends you steer away from this type of loan. It’s quick and easy to apply for but has shorter repayment terms and can significantly increase your debt.

Calculate Your Monthly Payment

Lenders require borrowers to repay loans through monthly payments with interest. With MoneyGeek’s personal loan calculator, you can estimate and budget your funds wisely if you’re applying for a loan. You’ll need to input your loan details to get your estimated monthly cost.



+ $114.98


+ $8.33

Origination Fee Percentage


Origination Fee Fixed amount


Total monthly payment


FAQs About Bad-Credit Loans in Florida

Finding the best bad-credit loan lender in Florida will require you to check your current borrower profile and financial preferences. MoneyGeek answers the most commonly asked questions to assist you in your search.


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MoneyGeek studied more than 30 personal loan lenders using at least 35 data points under six critical categories, including accessibility, consumer friendliness, customer service, flexibility, lender transparency and loan affordability.

We considered many individual points influencing borrowers when choosing a personal loan lender. Those include application fees, APR ranges, available loan amount, disbursement period, minimum income and credit score.

MoneyGeek prioritizes you, the consumer. We carefully reviewed every lender’s business ratings, customer satisfaction and support. We also research lender’s unique features and benefits, such as mobile apps, online application options, payment options and prequalification.

When choosing our top picks, we put every consumer’s best interests first. These personal loan recommendations and expert tips strive to assist you in making a wise decision. MoneyGeek wants you to find the most suitable lender for your needs and preferences.

  • Upstart. "About." Accessed November 1, 2022.

The content on this page is accurate as of the posting/last updated date; however, some of the rates mentioned may have changed. We recommend visiting the lender's website for the most up-to-date information available.

Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, lender or other entity. Learn more about our editorial policies and expert editorial team.