Best Loans for Bad Credit in North Dakota: Top Lenders and Rates for 2024

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Edited byScott Strandberg

Updated: December 28, 2023

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Best Bad-Credit Loan Lenders in North Dakota

Although North Dakota’s average credit score of 733 is quite high, there are lenders who provide loans to people who cannot meet this threshold. To identify the top bad-credit loan provider in the state, MoneyGeek looked at more than 35 distinct factors, including the loan amounts granted, APR ranges, loan payback times and Better Business Bureau (BBB) ratings.

MoneyGeek's analysis found that Upstart is the best company for bad-credit personal loans in North Dakota, followed by Upgrade.

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Best Overall Bad-Credit Loan in North Dakota: Upstart

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Runner-Up for Best Bad-Credit Loan in North Dakota: Upgrade

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

It might be frustrating to have your application denied when you urgently need a loan to address a financial emergency. You still have options available to you if you need a loan with bad credit. Getting in touch with the lender could help you understand why you were denied a loan. Even if they accept borrowers with bad credit, a lender could still turn you down if you don’t meet their other requirements.

Additionally, you can determine whether altering your application, such as requesting a lower sum, will make it more acceptable. MoneyGeek recommends that you fix the issue that caused your loan application to be turned down before applying for another loan. You can spare yourself the heartache of future rejections by doing so.

In any case, you should try to avoid getting a payday loan that involves higher interest rates and a shorter loan term. Payday loans don’t positively affect your credit score if you repay them on time, and failing to do so can significantly worsen your financial situation.

Calculate Your Monthly Payment

Once you have received your loan, you will have to begin making monthly payments that include the principal and the applicable interest. It’s important to make a rough estimate based on your current financial situation to see whether the monthly payments are feasible for you.

MoneyGeek’s personal loan calculator is a great tool for determining the monthly payment on a bad-credit loan in North Dakota.

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FAQs About Bad-Credit Loans in North Dakota

Before submitting an application for a personal loan, give it some serious thinking. MoneyGeek provides answers to some frequently asked questions if you reside in North Dakota and are considering a bad-credit personal loan.

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Methodology

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METHODOLOGY

By gathering and examining more than 35 data points in six key categories — affordability, loan accessibility, user friendliness, customer service, lender transparency and flexibility — MoneyGeek studied more than 30 personal loan providers for this analysis.

When selecting a bad-credit loan provider, we looked at distinct data points from each rating category that we believe should be given the most weight. Some of these factors include the APR ranges, maximum loan amounts, eligibility requirements, application fees and disbursement times.

MoneyGeek values you, the consumer, and is committed to helping you save money through our in-depth research and analysis. We evaluate factors like prequalification, payment options and mobile apps before recommending a lender since we are aware of how important it is for a convenient customer experience.

All of MoneyGeek's recommendations are carefully crafted with your financial well-being in mind after much research and consideration. We hope that our advice and personal loan recommendations will assist you in finding a trustworthy and reliable lender to fulfill your personal loan needs.

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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.