We think it's important for you to understand how we make money. It's pretty simple, actually. The offers for financial products you see on our platform come from companies who pay us. The money we make helps us give you access to free credit scores and reports and helps us create our other great tools and educational materials.
Compensation may factor into how and where products appear on our platform (and in what order). But since we generally make money when you find an offer you like and get, we try to show you offers we think are a good match for you. That's why we provide features like your Approval Odds and savings estimates.
Of course, the offers on our platform don't represent all financial products out there, but our goal is to show you as many great options as we can.
RadiantCash isn’t taking new personal loan applications at this time. If you want to explore other options, check out more bad credit loans on Credit Karma.
|Approved loans may be funded by the next business day||Only small loans available|
|No minimum FICO score required||APR range is high|
|Not a direct lender|
What you need to know about a RadiantCash personal loan
RadiantCash is an online platform that connects people with high-interest installment lenders targeted toward people with bad credit. You can apply ffrom RadiantCash online and, if approved by a lender, may have the funds deposited right into your bank account by the next business day.
RadiantCash is a tribal lender regulated by the Lac Du Flambeau band of Lake Superior Chippewa Indians.
High interest rates
Although loans offered through RadiantCash’s platform may have low credit requirements, you can expect an extremely high interest rate. The annual percentage rate for loans from RadiantCash’s network can range into the triple digits. The RadiantCash website states that these loans aren’t intended for long-term use, so keep that in mind when deciding if one of these very-high-cost loans is right for you.
Fast decision and funding
After completing an online application, if you’re approved for a loan, you may be able to access your loan funds the next business day. But keep in mind the exact timing depends on your bank.
A closer look at RadiantCash personal loans
- Borrow up to $2,500 — When applying through RadiantCash.com, you can borrow up to $2,500.
- Late fees — If you miss a due date, you may pay a late fee depending on the lender.
Who a RadiantCash installment loan is good for
RadiantCash installment loans could be an option for people with bad credit and a short-term need for $2,500 or less. While installment loans from RadiantCash are not considered payday loans, the interest rates charged are similar to the very high borrowing costs you’d see from the payday loan industry.
If you have a spotty credit history and are in a financial jam that could be solved by quick cash, RadiantCash loans might be an option for you. But avoid getting a loan for more than you need.
If you do get a loan through RadiantCash, you should pay it off as quickly as possible. Though the interest rates are so high on this type of loan that so you’re better off avoiding it altogether if you can.
How to apply with Radiant Cash
Applying for a loan with RadiantCash is simple. Start by going to the RadiantCash website and filling out a short form. You’ll need to provide some personal info including your driver’s license information, Social Security number, and bank account and employment information.
If you’re matched with a lender and accept your offer, you may be able to receive your funds in as soon as one business day.
Not sure if RadiantCash is right for you? Consider these alternatives.
- Avant: If you want a larger loan amount, longer payback period and lower interest rate, Avant could be a better choice for your needs.
- Marcus by Goldman Sachs: If you have better credit, you might be able to qualify for a loan with no fees and a lower interest rate.