evidence: - Credit requirements. Most lenders have a minimum credit score that you must meet to qualify for a $5,000 loan. If your credit history contains red flags (e.g., bankruptcies, recent late payments, etc.), some lenders might be hesitant to work with you. It’s wise to check your credit scores and credit reports to know where you stand. As a rule of thumb, we recommend a minimum credit score of 670. [...] If you’re comfortable with the terms of your $5,000 personal loan, you can sign and return the paperwork. With online lenders, this entire process typically takes place in a user-friendly electronic format. [...] It can be challenging to qualify for a $5,000 loan when you have bad credit. However, you might find some lenders that specialize in bad-credit borrowers.