2024’s Best Divorce Loans for Low Credit Scores

Divorce is a challenging and often expensive process, and it can be even more stressful if you have a low credit score. Financial stability is crucial during this time, and securing a loan can help manage legal fees, living expenses, and other costs associated with the separation. Fortunately, there are loan options available specifically designed to assist those with bad credit. In this blog, we’ll explore the best divorce loans for low credit scores in 2024, helping you navigate this difficult period with a bit more ease.

Why Consider a Divorce Loan?

Divorce can come with a multitude of expenses, including:

  • Legal Fees: Attorneys, court costs, and mediation services.
  • Living Expenses: Setting up a new household, including rent, utilities, and furnishings.
  • Debt Settlement: Paying off shared debts or buying out your spouse’s share of jointly owned assets.
  • Counseling and Support: Therapy for yourself or your children.

For those with bad credit, traditional loan options may be limited, but specialized divorce loans can provide the necessary financial support to cover these costs.

Top 5 Divorce Loans for Low Credit Scores in 2024

Here are the top five divorce loan options for individuals with low credit scores in 2024:

1. Upstart

Upstart is known for its innovative approach to lending, using artificial intelligence to assess loan applicants. This allows them to consider factors beyond just credit scores, such as education and employment history, making it a great option for those with less-than-perfect credit.

  • Loan Amounts: $1,000 to $50,000
  • APR Range: 5.35% to 35.99%
  • Minimum Credit Score: 300 (though other factors are heavily weighed)

Upstart’s flexible approval criteria and quick funding process make it a top choice for individuals going through a divorce with a low credit score.

2. Avant

Avant specializes in providing personal loans to those with fair to bad credit. They offer a straightforward application process and fast funding, making it easier to handle urgent divorce-related expenses.

  • Loan Amounts: $2,000 to $35,000
  • APR Range: 9.95% to 35.99%
  • Minimum Credit Score: 580

Avant’s competitive rates and user-friendly online platform make it a reliable option for divorce loans.

3. OneMain Financial

OneMain Financial offers personal loans with a focus on borrowers with bad credit. They provide both secured and unsecured loan options, allowing for greater flexibility depending on your financial situation.

  • Loan Amounts: $1,500 to $20,000
  • APR Range: 18.00% to 35.99%
  • Minimum Credit Score: No minimum, but approval is based on multiple factors

OneMain Financial’s willingness to work with those who have poor credit scores and their personalized customer service make them a strong contender for divorce loans.

4. LendingPoint

LendingPoint focuses on providing loans to individuals with credit scores in the 600s, making it accessible for those with fair to bad credit. Their quick approval process and flexible terms are beneficial for those needing immediate financial assistance during a divorce.

  • Loan Amounts: $2,000 to $36,500
  • APR Range: 9.99% to 35.99%
  • Minimum Credit Score: 580

LendingPoint’s emphasis on transparency and customer service makes it a trustworthy option for securing a divorce loan.

5. FreedomPlus

FreedomPlus offers personal loans tailored to individuals with fair to poor credit. They provide personalized loan options and consider various factors in their approval process, making it easier for those with low credit scores to get approved.

  • Loan Amounts: $7,500 to $50,000
  • APR Range: 7.99% to 29.99%
  • Minimum Credit Score: 600

FreedomPlus stands out for its large loan amounts and relatively lower APR range, providing a solid option for covering significant divorce expenses.

Tips for Choosing the Right Divorce Loan

Selecting the best divorce loan involves considering several key factors:

  1. Loan Amount: Determine how much money you need to cover your divorce-related expenses. Make sure the lender offers loans within that range.
  2. Interest Rates: Compare APRs to ensure you get the best possible rate. Lower interest rates mean lower overall costs.
  3. Repayment Terms: Look for flexible repayment terms that fit your financial situation. Some lenders offer longer terms with lower monthly payments.
  4. Fees: Be aware of any origination fees, late payment fees, or prepayment penalties. These can add to the cost of the loan.
  5. Approval Time: If you need funds quickly, consider lenders with fast approval and funding times.


Divorce is undoubtedly one of the most stressful life events, and managing finances during this time can be particularly challenging if you have a low credit score. Fortunately, there are loan options available to help you navigate this difficult period.

The lenders mentioned above—Upstart, Avant, OneMain Financial, LendingPoint, and FreedomPlus—offer some of the best divorce loans for individuals with low credit scores in 2024. By considering factors such as loan amounts, interest rates, repayment terms, and fees, you can select the loan that best suits your needs and helps you achieve financial stability during your divorce.

Remember, it’s important to thoroughly research each option and possibly consult with a financial advisor to make the best decision for your unique situation. With the right loan, you can manage your divorce expenses more effectively and focus on rebuilding your life.

Read also: Top 5 Best Divorce Loans in USA for Bad Credit

Read also: Top 5 Fastest Online Loans For People With Bad Credit In USA