 TITLE: Best Personal Loan Lenders for Bad Credit CONTENT: How to Choose a Personal Loan Lender\n------------------------------------\nThere are a few considerations to keep in mind as you try to identify a good lender and get a personal loan:\n*   **Review minimum requirements.** Your creditworthiness can impact your eligibility, rates and loan amount, but lenders also often have minimum requirements you'll have to meet to be considered at all. For example, some lenders might not offer loans in your state—you can rule these out right away. Regardless of your credit score, you also might need to have a minimum debt-to-income ratio and a verifiable bank account.\n*   **Learn about the fees.** Lenders may charge upfront origination or administration fees that are taken out of your loan amount. Consider how the fee will impact how much you have to borrow and your total cost of borrowing. The fee will be incorporated in your loan offers' annual percentage rates (APRs), which makes it easier to compare offers.\n*   **Check loan offers.** Many personal loan lenders let you check your estimated loan offers with a soft credit inquiry—the type that doesn't impact your credit scores. Start with these lenders to see if you're likely to qualify and to determine which lender may offer you the best loan.\nOnce you've gotten several loan offers, you can complete an application with the lender that gives you the most favorable terms. Generally, you'll need to agree to a hard credit check at this point. You may also need to share verification documents, such as copies of a government-issued ID and pay stubs. END