• Personal loans for all credit ratings
  • Bad credit? poor credit? good credit? no problem
  • Larger loans with more time to pay back
  • Get the cash you need for:
    Paying bills, medical expenses, paying off high interest credit cards, any and all needs
Bad Credit Personal Loans - FAQ

The recent economic hardship has caused many people to have credit problems. As a result of the downturn in the economy many people have had their credit scores decrease drastically and many even filed for bankruptcy. Despite this unfortunate situation people with bad credit still need access to loans and credit to go on with their lives. Buying a house, a car or paying medical bills may all require access to credit. Yes, bad credit personal loans are readily available for many people. Most of them, if not all, charge interest rates considerably higher than those offered to people with no credit problems, but even then, they constitute a solution for people with bad credit. Bad credit loans are usually available for the short term and for the long term. Short term loans include unsecured personal loans in which no collateral is needed, or secured personal loans for bad credit, in which a car or home or some other asset may be used as collateral. What this means is that if the borrower fails to pay the loan, the lender has the right to legally request ownership of the home or asset to secure the loan's repayment. Long term bad credit personal loans are also available from many lenders. Although traditional banks tend to shy away from this, a myriad of lenders have surfaced in recent years to bring these services to people with bad credit. Many of these lenders are actually online and can be accessed through their websites. They can offer many different options depending on the severity of one's bad credit and the circumstances surrounding it. Installment loans can have a longer repayment period than other bad credit personal loans, but usually carry higher interest rates than conventional loans. For people with a bad credit history it is advisable to search carefully when looking for personal loans targeted to people with bad credit. There are many scams in the loan marketplace that take advantage of one's limitations to offer extremely high rates and difficult repayment schedules. However, there are also many lenders who offer fair rates and terms, and those are the ones that can help one secure a loan when it is needed.