Unsecured Personal Loans
- Get up to $10,000 without collateral
- Repayment in fixed installments
- Same-day direct deposit options
- No hard credit check to prequalify
- Find out if you qualify in minutes
1F Cash Advance has been helping people find emergency loans since 2019. We are a licensed company and operate under state laws. Over 140,305 consumers have already used our services, both online and in stores.
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What Are Unsecured Personal Loans?
Unsecured personal loans are a form of borrowing that requires no collateral. Your signature is your legally binding commitment and personal promise to repay. Lenders offering unsecured loans are focused on your income and/or credit history when determining your eligibility and loan terms. Since you do not pledge your valuable assets, you do not risk losing them if any problems with repayment arise.
At 1F Cash Advance, we partner with lenders offering income-based loans. That means having bad credit will not automatically disqualify you from getting approved. With an unsecured personal loan, you receive money upfront and repay it in equal monthly installments covering both principal and interest.
Match a Personal Loan With Your Current Needs
Personal loans are flexible lending solutions that can be used for almost anything:
Debt consolidation
Refinancing
Home improvement
Medical expenses
Childcare
Moving costs
Unexpected life events
How Do Unsecured Personal Loans Work?
Here are three simple steps to take to apply for unsecured personal loans online:
Fill out a form
Complete an online application in just 5 minutes at any time on your desktop or mobile device.
Apply NowWait for an approval decision
Lenders verify your income quickly and get back to you with a loan decision and preliminary loan terms.
Get the funds
If prequalified, read the terms carefully to decide whether you want to move forward. Once you get approved, sign the agreement and get the money in your bank account within 1 business day.
What Do You Need to Apply?
Get these ready before you start your application:
- Valid ID (applicants must be at least 18 years old)
- Social Security number
- Bank account with a routing number
- Proof of income
- Proof of address
- Contact email address and cell phone number
- Your employer’s contact information
Rates and Terms
Unsecured personal loans of up to $10,000 are available through 1F Cash Advance for a maximum period of 24 months. An APR range for borrowers with good credit is 6%–36%. Applicants with bad credit can face higher APRs of 100%+. Origination fees may apply in some states and will be deducted from your loan principal. No minimum credit score is required to apply.
Here are illustrative cost examples:
| Loan Amount | Term | APR | Monthly Payment | Total Cost |
|---|---|---|---|---|
| $1,000 | 6 months | 12.99% | $173.04 | $1,038.23 |
| $3,000 | 12 months | 36.40% | $301.99 | $3,623.84 |
| $5,000 | 24 months | 55.27% | $348.59 | $8,366.11 |
Other Loan Options Available Through 1F Cash Advance
If a personal loan doesn’t fit your situation, consider other products offered by our lending partners. Loan availability and terms vary by location. Check what options and rates are offered in your state.
Payday Loans
Small, short-term loans designed for emergencies and temporary cash shortfalls. Get up to $1,000, depending on the state, and repay the money when your next paycheck arrives.
Installment Loans
Customize terms for your needs by offering higher amounts and longer repayment periods. Borrow up to $5,000 for larger expenses and repay in fixed monthly installments over a set period.
Why Choose 1F Cash Advance
1F Cash Advance is a trusted company that helps borrowers and lenders meet. We have an easy and secure application process you can complete in 5 minutes. You can access offers from multiple lending partners by filling out a single application form. We’ve built our network around lenders that prioritize reputation, compliance, transparency, and speed. Our customer support team is here to walk you through the entire process.
Here’s what you can expect when working with 1F Cash Advance.
Equal Opportunities for All Credit Types
Our lending partners consider borrowers with any credit and base their decisions on an applicant’s ability to repay. Your credit affects your loan terms, not the approval itself.
Clear Terms
You will get a full term disclosure before you sign, so you will know exactly what you are agreeing to. There are no surprise costs that are not outlined in your loan agreement.
Fast Funding
When emergencies pop up, our lending partners can get you covered. The money will be in your bank account on the same or the next business day after approval.
FAQ
What is the difference between an unsecured personal loan and a secured loan?
Unsecured personal loans do not require collateral. Lenders look at your income and credit to decide whether to approve you and what terms to offer. Secured loans are only available against your valuable assets. The amount you can borrow is typically determined based on your collateral’s value. Secured loans typically have lower APRs and are easier to get with fair or bad credit. However, they also come with the risk of losing your assets if you default.
How fast can I get my loan?
Direct deposits usually arrive within 1 business day after approval. If you finalize your loan before 10:30 am on a business day, you can receive the funds on the same day. Otherwise, the money will be deposited to your account as soon as the next business day. Some lenders may offer instant loan deposits to your debit card.
Can I get approved for an unsecured personal loan with bad credit?
Our lenders consider borrowers with any credit. They look at your income, debts, payment history, and other factors beyond just your score to assess the risk and determine your eligibility and terms. Whether you have a 400 or 600 credit score, you can still qualify if you can prove your ability to repay.
Is guaranteed approval possible?
Legitimate lenders never offer unsecured personal loans with guaranteed approval. Before approving you, they need to ensure you meet their basic requirements and can comfortably repay the loan on time. Some lenders may have more relaxed eligibility criteria and accept applicants overlooked by traditional banks. However, they typically offset the risk by charging higher APRs and fees.
Can I repay my loan early?
Most lenders allow early repayment at no additional fees. However, it depends on the terms of your loan agreement. Some lenders may charge prepayment penalties.
