$500 Loans - Flexible Funding When You Need It Most
Get $500 with a simple online application process. Fast decisions and funding available for all credit types, including bad credit.
About $500 Loans
A $500 loan balances your need for meaningful financial assistance with responsible borrowing principles. This mid-sized loan works well for moderate expenses that can't wait until your next paycheck.
Remember that all loans must be repaid according to the terms of your agreement. Always borrow responsibly and ensure you can make your payments on time.
Best Uses for a $500 Loan
- Home repairs that can't be postponed
- Medical and dental procedures not covered by insurance
- Car repairs to maintain essential transportation
- Unexpected travel for family emergencies
- Covering rent or mortgage payments to avoid late fees
$500 Loan Details
Typical Repayment Period
3 to 12 weeks
Typical APR Range
80% to 300% (varies by lender and state)
Typical Approval Time
Same day decisions common
Loan Amount
$500
Eligibility for a $500 Loan
While requirements may vary by lender, here are typical eligibility criteria for a $500 loan:
- Be at least 18 years of age with valid government ID
- Have an active checking account open for 90+ days
- Show proof of regular income (minimum $1,500/month typically required)
- Provide current residence information and proof of address
- Have a working phone number and valid email address
- All credit types considered - bad credit loans available
Compare with Other Loan Amounts
Not sure if $500 is the right amount for you? Explore these alternatives:
Frequently Asked Questions About $500 Loans
Get answers to common questions about this specific loan amount.
Ready to Apply for a $500 Loan?
Complete your application in minutes and get a quick decision.
Secure Application
Quick Decision
Fast Funding
24/7 Support