Loans for Bad Credit in Pennsylvania
Managing a sudden expense can be difficult, especially if bad credit limits your borrowing options. The OppLoans platform is here to help the people of Pennsylvania access credit, even if they have been turned down by traditional lenders.
Loans from
$500-$4,000
Repayment term4
9-18 months
APR
160% - 195%
The figures above are examples of our lending partner’s typical installment loan offers and do not serve as guarantee of any rates & terms that you may qualify for.
Testimonials reflect the individual's opinion and may not be illustrative of all individual experiences with OppLoans.
The OppLoans Platform is committed to offering credit opportunities to Pennsylvania residents with a limited or negative credit history. This is made possible through our bank partners, who do not have a minimum FICO® score requirement to qualify applicants for a loan.2 Instead, they take into account a variety of other factors to determine the borrower's eligibility. If approved, loans can be funded as soon as the same business day.1
Why choose OppLoans for a loan in Pennsylvania
If your credit history isn't perfect, don't worry – we're here for you! Our dedication to outstanding customer service, combined with our bank partners, enables us to assist those who may experience difficulty at a traditional financial institution.
- Easy to Apply: Apply online from start to finish with our simplified application process.
- Same-Day Funding Available: If approved, you may receive money in your account as soon as the same business day!1
- Loan Support At Every Step: Our top-rated Customer Advocates are available to provide support at every step of the application process.
- No Hidden Fees: No origination fees. No application fees. No prepayment penalties.
Rates of our bank lending partners in Pennsylvania
The annual percentage rates (APR) for a personal loan in Pennsylvania offered by our bank partners and serviced through OppLoans ranges from 160% to 195%.4 Through the OppLoans platform, our bank partners offer simple interest loans and may be able to work with you to structure a flexible repayment plan.
Visit our Pennsylvania Rates and Terms page for more details.
Do all personal loans in Pennsylvania require a credit check?
Traditional lenders typically require a credit check before approving an installment loan. Our bank partners that lend on the OppLoans platform may use credit report information provided by Clarity Services and Experian as part of the application process to determine your creditworthiness. Neither credit inquiry will appear as a hard credit inquiry on your Experian credit report, and therefore they will not affect your FICO score.² Our bank partners make decisions based on an applicant’s overall creditworthiness.
The OppLoans platform simplifies the borrowing process for individuals with lower credit scores. Many banks and credit unions will not even consider a loan if your credit score is too low, but our bank partners will.
More About Pennsylvania
By a measure of Gross Domestic Product (GDP), the economy of Pennsylvania was ranked the sixth largest out of 50 states in 2024. It is driven by a broad range of sectors but is perhaps best known for its manufacturing industry, which employs more than 10% of the workforce. The roots of this industry can be traced back to the early rise of the steel industry, in which Braddock, PA – a borough of Pittsburgh- was the chosen site for Andrew Carnegie to open his first steel mill. This helped to grow the area’s infrastructure and spark innovation, which helped shape the more recent manufacturing industry we see today.
The cost of living in Pennsylvania is about average and ranked as the 23rd lowest among the 50 states in 2024. Residents can expect to pay relatively low state tax rates, with state income tax at a flat rate of 3.07% (6th lowest), and state and local sales tax at a moderate rate of 6.341% (17th lowest). The median household income is estimated to be $3,895 below the US average, standing at $73,824 in 2023, and was one of four states to see a decrease versus the previous year.
Financial assistance is made available to Pennsylvanians through the Department of Human Resources. Popular programs like SNAP can support paying for groceries, while cash assistance may offer temporary relief for individuals struggling to make ends meet. Many other benefits are available through the department, and residents can seek guidance on which programs best suit their situation.
FAQs
Through the OppLoans platform, Pennsylvania residents with lower credit scores may qualify for an online personal loan from $500 to $4,000.4 The platform performs a soft credit check, so applying won't negatively impact your FICO® score.2
Yes, personal loans are legal in Pennsylvania. Through the OppLoans platform, our bank partners offer installment loans for borrowers with lower credit scores.
The first step in applying for a loan is to complete our online loan application. To be eligible for a bank partner lending product through the OppLoans platform, potential borrowers must:
- Be 18 years or older
- Have a bank account (checking or savings account)
- Reside in one of the states in which we currently operate
- Have a regular source of income
- Receive income through direct deposit
- Loan Amount: $500-$4,000
- Repayment Term: 9-18 Months4
- APR: 160% - 195%