A bad credit loan refers to a type of installment loan that can help you get access to a personal loan even if you have damaged credit.
If you have a poor credit history or a low credit score, you may find yourself unable to get online loans from traditional lenders such as banks. In order to access the credit you need, you may need to turn to an alternative lender which Simple Quick Finance can find that looks at more than just your credit score and can approve you even if you have bad credit.
What is a good credit score and why is it important?
A good credit score is required to help you qualify for loan products, including:
- Credit cards
- Personal loans
- Auto loans
- Apartment and employment applications