Can People With a Poor Credit Rating Get Personal Loans?
Though today’s economy makes it much harder for people with bad credit to get personal loans, it is still possible under the right circumstances to borrow money. Qualifying for a personal loan with bad credit can be difficult, and is best attempted by people with a solid job and steady income. It is easier to get a personal loan on cars and houses than for general purposes. However, there are lenders who will offer smaller personal loans to people with bad credit, whether or not they have collateral.