Get a $1,200 Loan Online with Bad Credit

Personal loans with fixed monthly payments

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1200 Loan No Credit Check

Unforeseen expenses usually occur at the most inopportune moment. Do you need a $1,200 loan today, but your bad credit score does not allow you to borrow from traditional financial institutions like banks or credit unions? Enjoy the most suitable online small-dollar loan option for your needs. Apply now and get an almost immediate approval decision from a direct lender.

Where to Get a $1,200 Loan?

A $1,200 loan is available at banks, credit unions, and online lenders. Unlike traditional financial institutions, many online loan providers don’t conduct a hard credit check to make an approval decision. They may lend you a small personal loan for your expenses, even with credit issues.

At ASAP Finance, we don’t focus on clients’ credit histories. We cooperate with lenders that accept people despite their bad credit and provide them with a $1,200 loan with bad credit that doesn’t hurt their credit score even further. The most important thing for getting approved is a stable income.

Application Process for a $1,200 Personal Loan

One of the simplest ways to borrow $1,200 personal loans is to apply for the extra money from private lending companies. The application process takes a few minutes, and online lenders do not require good credit. At ASAP Finance, you need to take three simple steps and can get a same-day loan directly into your bank account.

Step 1. Apply online

Fill out an application form on our website and request the necessary loan amount from an online lender.

Step 2. Sign a Loan Agreement

If your application is approved, a lender will send you a loan offer. Read the contract carefully and sign it if you agree with all the loan terms and conditions.

Step 3. Receive fast funding

After signing a loan agreement, you will receive a $1,200 loan as soon as the next business day (some lenders make even same-day deposits).

What Are the Pros and Cons of $1,200 Personal Loans?

A $1,200 personal loan is an excellent solution when you need to borrow money for your personal needs. Consider all the pros and cons of $1,200 loans when making a loan decision.


The main advantages of these short-term loans are the following:

  • Fast online application process
  • Instant decision
  • No collateral is required
  • Fixed monthly payments
  • No origination fees


Despite many benefits, getting money from online lenders has several drawbacks:

  • Extra fees are possible
  • High interest

What Are Eligibility Criteria for a $1,200 Loan?

In addition to the simplicity of the application process, a $1,200 loan has a few eligibility requirements. To qualify for this short-term loan, you need to meet the following criteria:

  • Be a U.S. citizen or permanent resident;
  • Be 18 years of age or older;
  • Have a valid checking account;
  • Have a Social Security number;
  • Have proof of stable monthly income;
  • Have a phone number and email address.
$1,200 Personal Loan

Can I Get a $1,200 Personal Loan Online?

The $1,200 personal loan application process at ASAP Finance is online, allowing you to borrow money from the comfort of your own home.

How to Repay $1,200 Loans?

ASAP Finance wants to make your repayment of personal loans as convenient as possible. Unlike a payday loan, you can repay a $1,200 loan in equal monthly installments during a set period. The repayment period of bad credit installment loans typically ranges from 2 to 24 months.

In addition to the loan amount, you will need to pay interest rates and additional fees. The charges differ depending on the lender, so you need to read your loan agreement carefully to avoid any surprises. Providers withdraw your monthly payments directly from your bank account if you allow it before borrowing money.

Monthly Payments for a $1,200 Personal Loan

Monthly payments for personal loans depend not only on interest rates but also on repayment periods. Below, you can see the example of a pretty expensive $1,200 personal loan for bad credit borrowers with 35.99% APR:

Loan Duration Average Monthly Payments Total Interest Paid
12 months $120,5 $246,6
24 months $70,9 $500,4
36 months $54,95 $778,5

Frequently Asked Questions


How Fast Can I Receive a 1,200 Dollar Loan?

In ASAP Finance, many online lenders deposit the money directly into a borrower’s checking account on the same or the next business day.


Can I Get a $1,200 Loan with No Credit Check?

ASAP Finance lending partners can provide you with $1,200 with no hard credit check. They only conduct a soft credit inquiry to see your income and creditworthiness.


Where Can I Borrow $1,200 Loans?

If you are not in an emergency, you can borrow $1,200 loans from a bank or credit union. If you need fast cash, consider online lenders, such as ASAP Finance.


What Is the Minimum Credit Score Requirement for a 1,200 Dollar Loan?

While traditional financial institutions require a credit score of at least 670 for a 1,200 dollar loan, our lending partners can approve borrowers with any type of credit.


How to Repay a $1,200 Personal Loan?

After getting a $1,200 personal loan, you need to repay it with an interest rate in equal monthly payments within a set loan term. In most cases, repayment is automated. A lender withdraws the money from the borrower’s checking account.

Take a $1,200 personal loan with no impact to your credit score. Apply Online Now I read and agree to Terms, Rates, Privacy Policy before submitting a loan request.

Written by Gregory Allen

Updated on Jan 9, 2024