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Best Bad-Credit Loan Lenders in Oregon

MoneyGeek is a trusted source of financial information. We analyzed over 30 data points to pick Oregon's best lenders for bad credit. We considered annual percentage rates (APRs), fees, loan terms, customer satisfaction ratings and more.

Upstart and Upgrade are the best lenders for borrowers with bad credit in Oregon. MoneyGeek reviewed these lenders, including the rates, terms, pros and cons, to help you decide which option is best for you.

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

Personal loans are used for debt consolidation, home upgrades, significant purchases, emergencies and more. Oregon personal loan debt averages $17,066. Remember that credit scores affect loan eligibility. Bad credit makes it challenging to get a loan, but not impossible. MoneyGeek outlines how to choose the best Oregon bad-credit lender below.


Ask Yourself the Important Questions

Choosing the right loan is important, especially if you’re taking out a bad-credit loan. Ask yourself the following questions before deciding which type of loan is best for you:

  • How much funding do you need? Your needs determine your loan amount. Never borrow more than you need.
  • What’s your credit score? If your credit score is low, choose a lender that accepts borrowers with lower scores or offers the best rates for borrowers with poor credit.
  • Can you afford the monthly payments? Look at what percentage of your monthly income the loan payment takes up. You want to ensure this number stays below 50% of your monthly income.
  • Do you have existing debts? If so, consider consolidating all your debts into one loan payment.
  • Is your debt manageable through other means? Consider managing your debt through other means, such as balance transfer, refinancing or using a debit card. These steps can help keep you from getting deeper into debt and provide long-term savings.

Do Your Research

Choosing the best loan can be daunting. Consider your credit score, the amount of money you want to borrow, the time you need to borrow it and your repayment options.

There is no one-size-fits-all answer. It's important to conduct extensive research so that you don't end up with an option that doesn't work for your needs. Some bad-credit loans have hefty origination fees, which increase the monthly payment and make it difficult to repay the loan.


Read the Fine Print

Before accepting any loan terms, read the fine print carefully. Pay close attention to how much interest you will pay on your loan, the repayment terms (when you have to start paying it back) and whether or not there is a late payment fee. Know what type of loan you are being offered (fixed rate or variable rate) and whether the lender gives deferments if you can't pay it back.



Borrowers should wait a day or two before making a decision. Take time to compare lenders and find a loan that meets your needs at an affordable rate.



Once you decide on a lender, apply by completing a detailed online form. The process typically takes less than 30 minutes and is fast and secure. Lenders typically require identification, address verification and proof of income during the application process.

Although an online application may be convenient, you can also call or visit the lender (when applicable) if you have questions. Some lenders offer instant approval and same-day funding. Always read through all loan documents before signing anything to ensure you are comfortable with the loan terms.

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

If your loan application is declined, you may feel discouraged. However, you have options. First, contact the lender to learn why your loan was declined. Your credit score, for example, may need to be higher, or your income may need to be improved. Next, evaluate whether you can make your application more attractive by reducing the loan amount or decreasing the payback time.

You can also apply for a loan from a different lender. You should first fix the reasons your loan application was declined, so you don’t get rejected again.

Avoid payday loans. These may provide fast cash but typically charge higher interest rates and have shorter payment terms.

Calculate Your Monthly Payment

Remember, you must repay a personal loan in installments with interest, usually monthly. Calculate your monthly payment first to determine if your finances can cover the amount, especially if the loan is pre-approved by a lender.



+ $114.98


+ $8.33

Origination Fee Percentage


Origination Fee Fixed amount


Total monthly payment


FAQs About Bad-Credit Loans in Oregon

MoneyGeek answers frequently asked questions about bad-credit loans in Oregon.


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MoneyGeek examined over 30 personal loan lenders, collecting at least 35 distinct data points in six major categories: loan affordability, accessibility, customer service, consumer friendliness, lender transparency and flexibility.

We considered various individual data points that have substantial weight when choosing a personal loan provider for each category, including loan amounts, APR ranges, application costs, minimum credit score and income amount, payback periods and disbursement time.

MoneyGeek prioritizes the consumer. Therefore, we considered each lender's company rating, customer service and other features that may provide you with a better experience, such as loan pre-approvals, mobile applications and flexible payment options.

We make our top recommendations with your best interests in mind after thorough research. Our recommendations are intended to assist you in making more informed financial decisions when selecting a personal loan provider that matches your specific requirements.


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.