debt
 

 debt  money







 

Question by  hulmer (1067)

Can you obtain an unsecured loan when you have bad credit?

I have bad credit and need an unsecured loan.

 
+5

Answer by  technogeek (6640)

It is possible to obtain one, but the interest rate would be very high and the borrowed amount would be very small.

 
+5

Answer by  Roland27 (16334)

Some banks will give you a loan but at a higher interest rate. You are probably going to need to find someone with good credit to co-sign for you.

 
+4

Answer by  Donny99 (180)

It can be done, but it is very difficult. Sometimes a small bank will provide you with an unsecured loan based on your income, and despite your bad credit.

 
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