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Best Bad-Credit Loan Lenders in Missouri

MoneyGeek dug into over 30 data points to rank the best bad-credit loans in Missouri. We checked loan amounts, APR ranges, repayment terms and fees.

Our team also looked at factors affecting how difficult approval could be. This includes credit score requirements and debt-to-income (DTI) ratios.

Upstart came out as the best bad-credit loan provider in Missouri. Still, your best lender may differ depending on your profile and preferences.

Best Overall Bad-Credit Loan in Missouri: 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 Missouri: 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 Missouri for You

Even if you have bad credit in Missouri, you can apply for a personal loan. These are typically used for covering emergencies, big purchases or special occasions.

To help you make a sound financial decision, MoneyGeek recommends following these steps:


Ask Yourself the Important Questions

Before applying for a bad-credit loan, ask yourself these questions to help you make a fully informed decision.

  • How much funding do you need? Personal loans are paid off with interest. Calculate exactly how much you need so you don't pay extra interest because of borrowing too much.
  • What’s your credit score? Lenders typically have minimum credit requirements. Knowing your credit score lets you identify which companies you can get a loan from.
  • Can you afford the monthly payments? List your monthly expenses and calculate if you can afford your potential debt payments.
  • Do you have existing debts? Loan providers check DTI ratios. Having a high DTI can decrease your chances of getting approved.
  • Is your debt manageable through other means? A bad-credit loan in Missouri isn't your only debt consolidation option. Think about selling unused assets or transferring your credit card balance to a card with 0% APR.

Do Your Research

Dig into several bad-credit loan providers in Missouri to know your best options.

This study uses generalizations. You should do extra research to find options based on your needs and preferences.



After shortlisting your preferred providers, wait a day or two before applying.

The average interest rate for Missouri personal loans is 8.66%. However, bad-credit lenders may have up to 36% APR.

Be sure you’ll get the best possible deal with your preferred lender. Sitting down and waiting may clear your head and let you make a better decision.


Read the Fine Print

Personal loan companies highlight the best parts of their offers to entice borrowers. Read the fine print to ensure you know your loan policies and fees.

The best bad-credit loan providers in Missouri don’t charge prepayment fees. Origination fees are common with bad-credit loans, though. Knowing how much you stand to lose if you take out a loan with those fees is beneficial.

You can avoid unnecessary fees and a bad customer experience by going through the fine print. Get a full understanding of the loan before you commit to anything.



After all that, you may have found your desired loan company. If you feel confident, you can start your application process.

It’s a good idea to gather all the documents you need before you contact the lender. Most bad-credit lenders in Missouri need identification, proof of address and income statements. Your lender may request other documents, too.

You can get a loan while at home, as most lenders offer online application processes. This is convenient if you don't have time to visit a branch in person.

Most lenders have places you can go to or call to get help if you prefer the offline experience. Don’t hesitate to go with the process you’re most comfortable with to ensure your concerns are addressed.

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

Missouri lenders may turn down borrowers who don't meet income or credit requirements. Missing or incomplete forms can also cause rejection.

If this happens to you, ask your lender why. Ask if changing your amount or repayment terms could make them reconsider. Likewise, ask if you can get a co-applicant to help with your credit evaluation.

You can send a new application to another company, but you should probably wait. If you haven’t fixed the first lender’s issue, it may appear again and cause another loan rejection. Plus, each hard check lowers your credit.

Instead, work on improving your creditworthiness. This may involve repaying some existing debt or finding a higher-paying job.

Avoid payday loans. They come with high interest rates and short repayment terms. You’ll only end up in a debt trap with such a loan.

Calculate Your Monthly Payment

If you’re getting a personal loan, you must repay it in monthly installments and with interest. Use MoneyGeek’s personal loan calculator to see if your budget can handle loan payments.



+ $114.98


+ $8.33

Origination Fee Percentage


Origination Fee Fixed amount


Total monthly payment


FAQs About Bad-Credit Loans in Missouri

You need to assess several factors if you’re applying for a personal loan. MoneyGeek answered some frequently asked questions about bad-credit loans in Missouri below.


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MoneyGeek reviewed over 30 personal loan lenders. We checked 35+ factors in six categories: affordability, accessibility, consumer friendliness, customer service, flexibility and transparency.

We considered data with the most weight in each category. These include APR, amounts, credit score and income needs, fees and disbursement time.

At MoneyGeek, we know you're interested in more than numbers. We looked at customer support, business ratings and factors that may improve your experience. Some of these are prequalification, payment options and mobile app availability.

We made our selections with your best interests in mind. Our personal loan recommendations and tips intend to help you find the best lender for your needs.


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.