Bad credit personal loans are honestly not always the best loans to get. They can often carry interest rates that are out of this world so they generally aren't highly recommended. If there's any way that you can get a different type of loan you would be better off.
That said, there are quite a few different types of bad credit personal loans and we can help you to learn what they are. Here are a few:
Payday loans - these loans are for people with bad credit and actually don't have a credit check as part of the approval process. The interest rates on these loans is out of this world but if you're in a pinch and you don't know where to turn, they can be an ok option.
Signature loans - sig loans generally aren't available as a bad credit loan but if you have a cosigner this might be a decent option.
Auto loans - If you have a car that's paid off this is one of the best options you'll have. Using your car as collateral will allow the bank to reduce their risk so often this will get you a much better interest rate than a loan without collateral.
Home equity loans - home equity loans are a great option if you have bad credit as long as you can get approved. Generally speaking if you have a lot of equity in your home it should be quite simple and easy to get approved for this type of bad credit personal loan.
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