Get a Loan Fast!
How much do you need?
For how many months?
- Quick, easy and secure!
- Bad credit is considered
- Loans with no credit check*
- No upfront or hidden fees
Small Personal Loans Online: Get Small Dollar Loans up to $5,000 with Money Zap
For the average individual, financial stress comes in various forms. Sometimes, it could be a medical emergency that leads to additional expenses not budgeted for. You may also find yourself needing extra cash to sort out unexpected bills or expenses such as a broken home appliance or extra tires for your car.
For these relatively low expenses, small loans can help ease any related financial pressures. You do not have to worry about bad credit, as some online lenders accept applications from borrowers with bad credit.

Other Small Loan Options
What Is a Small Loan?
A small loan is basically a loan for relatively small amounts. They are usually short-term loans and are expected to be repaid within a short period. Small loans are mostly personal loans for day-to-day living expenses.
Quick Information on Small Loans Online
- Small loans are short-term loans that provide help when you need to sort out financial burdens urgently. A personal loan can come in handy when you do not have access to other cash sources for your needs.
- These types of loans do not require you to have an excellent credit score or credit history. You can go ahead to apply even with bad credit. However, lenders may perform a credit check for your loan application.
- You would need to sign a loan agreement that outlines the details and loan terms such as interest rates, loan period, loan amount, due date, and late payment penalties.
- Online loans are very convenient; you do not have to be physically present in a lender's office to apply for personal loans.
- If you want a personal loan to settle some financial liabilities quickly, an online small loan is available.
The process of getting this loan is straightforward and simple. Even if you have bad credit, you can apply for a loan online. Generally, the steps to get a short term loan online include:
- Loan application: First, you apply for a small loan online by filling the forms with the required information. The documentation and information you provide would support your application.
- Loan Approval: After your loan application has been submitted, the loan provider would assess your details to determine if you qualify for a short-term small loan.
- Receive Cash: When your loan application has been reviewed and eligible, you can get access to cash as fast as the same day or the next business day. The loan amount would be deposited into the account information provided on your application.
- Repayment: When your loan period is over, you would need to repay the dollar amount due. This would include the principal amount borrowed plus any accrued interest or fees. The amount due will be taken directly from the bank account you provided on the due date.
You can apply for small loans that do not require collateral, such as payday loans. These financial products provide the next services:
- $100 dollar loans
- $200 dollar loans
- $300 dollar loans
- $400 dollar loans
- $500 dollar loans
- $1000 dollar loans
Alternatively, you can get access to if you need higher amounts, you could look into secured loans that may require some collateral—an example of this the title loan. You can get one of these for up to $5,000 in some states, depending on local laws.
Financial emergencies that need short-term solutions are the major reasons people take out small loans. Depending on your situation, you may need to offset expenses for items such as:
- Vehicle repairs
- Unexpected home maintenance
- Medical emergencies
- Urgent travel costs
- Rent
It is not advisable to use a short term loan to repay other loans. Short-term loans fall due very fast, and you should be able to repay them when required to avoid additional high costs and fees.
Small loan application requirements vary based on different lenders. However, most lenders share these requirements across the board. These typically are:
- Your name
- Your number
- Your address
- Your bank details
- Your government-issued ID
- Your social security number
- Proof of steady income
Personal loans for small amounts of bridge financial gaps. Here are a few benefits:
- Having a bad credit score does not necessarily deny you access to the extra fund you need.
- Even if you are unemployed, you can access cash through specific lenders, provided you have a recurrent source of income, like government benefits.
- Small loan applications done online are fast, and you can receive instant money as soon as the next business day.
- A small loan for personal needs can be accessed for an amount as small as $300, or even less!
- Personal loans from most lenders usually entail collateral or other traditional requirements requested from conventional banks and financial institutions.
Usually, a personal loan applied for online would require a short-term repayment period. This type of personal loan is mostly payday loans that require you, the borrower, to pay back by the next payday. When you receive your next paycheck, the amount due will be credited automatically from your account.
Small loan providers understand that you sometimes need as little as $100 to pay for a car repair before receiving your next paycheck. Loan providers can extend you a line of credit up to $1,500, depending on their policies. In most states, a short-term loan such as a payday loan ranges from $100 to $1,500. An installment or title loan can provide a higher loan amount of about $5,000.