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How can I get a personal loan with bad credit?

I am woman asked:


I have tried to get a loan with my bank and found out my credit rating was 550. I really only need about 2500.00 to get all my bills consolidated into one payment a month. Does anyone on here have any suggestions for me?
P.S. This would be an unsecured loan.

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6 Responses to “How can I get a personal loan with bad credit?”

  1. Charles A Says:

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    you can’t get a loan with bad credit. maybe you can go to a relative and see about a loan. You are a bad credit risk right now.

  2. andrew n Says:

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    Prosper.com

  3. Gary H Says:

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    There are plenty of places that offer loans for people with bad credit with no-hassle applications and easy requirements.

    Some of these lenders even offer 1 minute approvals, and have both secured and unsecured loans, depending on your need and situation. Check the page listed below, it has information and bad credit lenders listed off and on.

  4. ravi c Says:

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    It will depend upon the bank you are trying to get loan, so you ask them

  5. rajesh k Says:

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    If you have a poor credit score, it is difficult to get a loan from most banks and financial institutions. Credit is usually available only at a very high interest rate.Only few companies provide loan with poor credit score.Check out link for details.

  6. Succes Says:

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    Today the lenders have started offering nearly all varieties of loans for people with poor credit record.They are also introducing many new loan products meant for this group. Now people with poor credit can get the same choices as those with the good or mediocre credit. Today you can use bad credit personal loans for many purposes like car purchase, vacation or even debt consolidation.

    But if you have some assets to offer as collateral, your chances brighten. The primary reason why people with poor credit history do not get loans is because the lenders are scared that the borrowers will default again.

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