$500 Loans: Compare Small Personal Loan Options

A $500 loan can cover a smaller bill that can't wait, like a car battery, a utility bill or a copay. Request $500 in one short form and see whether lenders in our network have options for you.

Tilt App is a loan-matching service, not a lender. Submitting a request doesn't guarantee an offer.

How much do you need?

Type any amount from $200 to $5,000, or choose one below.

Requests of $550 to $1,500Amounts like this are often repaid in fixed installments. Compare the total cost, not just the payment.

  • One short online request
  • No obligation to accept an offer

We are not a direct lender. Submitting a request doesn't guarantee an offer, and rates and terms vary by lender. Checking your rate through TiltApp does not affect your credit score. If you accept an offer, the lender will typically run a hard credit inquiry before funding, which may affect your score

A $500 loan at a glance

At $500, the loan is small but the cost can still add up. Smaller loans are often repaid over a shorter time, and fees and interest are spread over less money, so the APR on a small loan can be higher than on a larger one.

Before you borrow, check whether a payment plan or a cash advance could cover the gap for less, and compare the total amount you'd repay on any offer. Compare alternatives to borrowing.

$500 loan basics

Varies by lender
Common uses
A smaller bill due before payday, a minor car repair, a copay or a utility bill
How it's usually repaid
Often a shorter term; some offers are repaid in a few installments
What drives the cost
The APR, any fees and how long you take to repay
APR range
5.99%–35.99%
Example
[Representative Example – $500 loan]

Rates, fees and terms are set by each lender and depend on your credit profile, term and state.

What a $500 loan is often used for

Start with the expense. Each guide covers what to compare and other ways you might pay.

How repayment works at $500

What to check before you choose an offer.

  1. Check the repayment scheduleFind out whether the loan is repaid in one payment or several, and when each payment is due.
  2. Look at the APR, not just the feeOn a small loan, a flat fee can mean a high APR. The APR lets you compare offers of different lengths.
  3. Add up the totalMultiply the payment by the number of payments to see what you'll repay overall.

Example for a $500 loan: [Representative Example – $500 loan]

Is $500 the right amount?

Borrow only what this expense needs. If the bill is a little more, a $1,000 request gives you room without borrowing far more than necessary. If it's less, you can request as little as $200.

Requests through Tilt App can be any amount from $200 to $5,000.

Before you accept a $500 offer

A quick checklist to help you choose with confidence.

  • Confirm whether it's due in one payment or several.
  • Compare the APR and total repayment across offers.
  • Make sure the due dates line up with your paydays.
  • Read the rates and terms before you agree.

$500 loan questions

More answers in the help center.

Is a $500 loan the same as a payday loan?

Not necessarily. A payday loan is usually due in full on your next payday. An installment loan is repaid in several scheduled payments. Check how and when an offer must be repaid before you accept it.

Can I get a $500 loan with bad credit?

You can submit a request whatever your credit history. Lenders set their own criteria, and no one can guarantee approval. See bad credit loan options.

What does a $500 loan cost?

It depends on the lender, your state and your credit profile. [Representative Example – $500 loan] See rates and terms.

How quickly could I get $500?

As soon as the next business day after you’re approved, though exact timing depends on your lender and your bank Timing depends on the lender and your bank.

Are there alternatives to a $500 loan?

Yes. For a small amount, a payment plan with the biller, a cash advance app or an assistance program may cost less. Compare alternatives to borrowing.