Where can I apply for small personal loan for credit under 500?

@muhammad 

There are several options available to apply for a small personal loan with a credit score under 500.

1. Online lenders: Some online lenders specialize in providing loans to individuals with low credit scores. They often have less stringent requirements and may be more willing to work with borrowers with poor credit. Examples of online lenders include OppLoans, Upgrade, and Avant.
2. Credit unions: Credit unions are non-profit financial institutions that often offer lower interest rates and more flexible lending criteria compared to traditional banks. Some credit unions have programs specifically designed for borrowers with bad credit.
3. Peer-to-peer lending platforms: Peer-to-peer lending platforms connect borrowers directly with individual investors. These platforms, such as Prosper or LendingClub, assess borrowers based on various factors, not just their credit score, increasing the chances of approval for individuals with poor credit.
4. Family and friends: If possible, you may consider asking family or friends for a small personal loan. This option may not require a credit check or have the same stringent requirements as a traditional lender, but it is essential to approach this option with caution.

Remember to carefully review the terms and conditions, interest rates, and repayment terms before applying for any loan. Be prepared to provide documentation to support your income and ability to repay the loan.