$1200 Personal Loan Options

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Get pre-qualified for loan offers with an easy online form

Won't impact your credit

Checking offers will not impact your credit score*

Competitive payment options

Funding up to $100,000 and APRs as low as 3.99%*

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Same-day and next-day available for certain offers*

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Learn How Secure a Personal Loan for $1200

A $1,200 personal loan is a small personal loan, thus making it easier to qualify for. Regardless of the amount of money you borrow, you always want to make sure you get the best rate and term available. Check offers from the best lenders at Acorn Finance to see what you qualify for.

Quick. Simple. Secure.

How To Apply For $1200 Personal Loan Options

1 Pre-qualify

Fill out easy online form to check for pre-qualified offers with no impact to your credit score

2 Select offer

Compare terms and payment options to select offer that’s best for you

3 Finish application

Complete application process on your selected lender’s website*

4 Receive funding

After loan approval, your funds should arrive within 1-2 business days*

“The process couldn’t have been any easier. I filled out a short form that took me less than 2 minutes and within seconds I got multiple offers from lenders.”


- Mike T. (TN)

“It was important to me that I could review my offers without any impact to my credit score, before deciding on the best loan option.”


- Carol R (FL)

“I like the easy online and 100% paperless experience of Acorn Finance. I received my money two days after completing my application.”


- Bob S (WI)

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Learn More About $1200 Personal Loan Options

You can qualify for a $1,200 personal loan whether you have good credit or bad credit. So how do you get the best interest rate? What is the easiest and fastest way to apply? Keep reading to learn everything you need to know about getting a $1,200 personal loan.

Read more - FAQ

Can I get a $1200 personal loan?

Getting a $1200 personal loan can be incredibly easy to do these days depending on your credit score. If you have poor credit, which is typically a credit score below 630, you then might find it difficult to qualify for a personal loan without a little extra help. Extra help may consist of finding a cosigner, using something of value as collateral, or considering loan options specifically for people with bad credit.

If you have a credit score that ranges from 630 to 689, you then are considered a fair credit borrower. Fair credit borrowers can reasonably expect to at least be considered for a personal loan of $1200, depending on if they meet the lender’s minimum requirements, and if they have a reasonable debt-to-income ratio.

Anyone with a credit score of 690 or above, falls into the good to excellent credit range. If you find yourself in this range, there are very few lenders who will deny you a personal loan, unless you have some recent and severe credit events on your credit report, have a loss of employment, or have an existing debt-to-income ratio that may be considered too risky.

How can I get a $1200 personal loan?

Getting a personal loan for $1200 can be done in many ways. First, you could always go to your personal bank and review what kind of personal loan options are available to you. They may have installment loans that you could access if you have direct deposit or they may have other programs they can offer to their banking customers.

Second, you could always seek a loan from a pawn shop or a cash title loan center if you are willing to put up some collateral for some quick cash. Be warned, this may not be the best option for many consumers, however, they are still a valid way of receiving a quick $1200 loan. Just be sure to make your payments on time or forfeit the asset you used as collateral.

Last, you may want to consider a personal loan of $1200 from an online lender. Online lenders can be a quick and easy way to get the cash you need at a reasonable interest rate. Some lenders may even offer same or next-day personal loans if you need the money for an emergency expense. Online lenders may also have some of the more competitive interest rates available on the lending market. Whichever method you choose, just be sure to take a little extra time to consider the options available to you to ensure you ultimately make the best choice for your financial situation.

How can I get a $1200 personal loan fast?

One of the fastest ways to get a $1200 personal loan is to visit a pawn shop. Pawn Shops have cash on hand, and they can pay out immediately for a personal loan if the value of your personal property meets the same value of the loan. If you are looking for a personal loan option that does not require using an asset as collateral, then checking on loan offers from online lenders may be a good option. In the recent rise in popularity of the online lending market, online lenders have been able to completely digitize and streamline the lending process. Many online lenders in fact can offer same day personal loans depending on how promptly you are able to present all the necessary information and respond to additional requests.

Is it better to get a credit card or $1200 personal loan?

Credit cards, even though they sometimes get a bad reputation, do serve their purpose. The main downfall is the absurdly high interest rates that credit card companies can charge at times. Many times, depending on your credit score, a personal loan could offer you financing with a much lower interest than a credit card. Another question is, do you already have the credit card? You may be able to pre-qualify, apply, and receive the funding from a personal loan weeks before a credit card arrives in the mail. It may be a good option to always have a credit card on hand to pay for unexpected expenses or for day-to-day activities like dining, shopping, and going out with friends, but if you either have to wait for a credit card to arrive, or you are looking to pay much less interest, than seeking a $1200 personal loan may be your better option.

What can I do with my $1200 personal loan?

Personal loans are intended for personal expenses. Meaning, most often, a lender does not have a say in how you use the money. Maybe you are about to get married and you need to put down a deposit on a venue? Do you have medical or dental expenses that need to be paid for? Or maybe that vacation home needs new carpeting? Even if you are getting a $1200 personal loan to simply catch up on utility bills and other day to day expenses, it does not matter. Most lenders do not require you to disclose where the funds of the loan go.

How long will it take to pay back a $1200 loan?

Most personal loans have predetermined loan payoff periods. They can be anywhere from 6-months to 12-years. When you are applying for the loan, you and the lender will discuss which loan repayment periods work the best for your monthly budget and the amount you would like to borrow. A $1200 is almost always considered a short-term loan, therefore, you will then most likely be offered loan repayment periods closer to the 6, 12, or 18-month period. However, it is up to the lender to determine what kind of loan repayment periods they would consider for a $1200 personal loan.

What credit score is needed to secure a $1200 personal loan?

To obtain a personal loan from a traditional bank or online lender, you most likely will want to have a minimum credit score in the 610 to 630 range. A credit score in this range may still be considered a score that will at least get the conversation started with many creditors. If you have a score that is below 610, then it may be more difficult for you, however, it is still possible. Some online lenders offer loans to individuals with bad credit scores as low as 550. It really is entirely up to the lender and how dire your credit situation happens to be.

What is the best bank to get a $1200 personal loan?

Most banks, credit unions, and online lenders can offer $1200 personal loans. Online lenders may offer more competitive rates and terms than traditional banks. However, if you prefer a traditional bank, your location may impact your options. It’s always a good idea to see what your primary bank can offer first and then compare that offer to other offers. At Acorn Finance you can check offers from top national lenders without impacting your credit score.

Where can I get a $1200 personal loan online?

Online lenders are becoming more and more popular as the digital age explodes. Of course with anything online, security is always a concern. Therefore, you will want to make sure you find a legitimate online lender to work with. At Acorn Finance we have a network of trustworthy lending partners that are ready to compete for your business. Using our secure platform you can check offers from our lending partners within 60 seconds or less.

Closing Thoughts

A $1,200 personal loan is a small personal loan, thus making it easier to qualify for. Regardless of the amount of money you borrow, you always want to make sure you get the best rate and term available. Acorn Finance understands that your time is valuable, therefore we have created a platform that can save you time and money. If you are considering a personal loan of any amount between $1,000 to $100,000, you should check offers at Acorn Finance.

Get prequalified for a $1200 personal loan with no impact on your credit score. . . check offers now!

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