Getting approved for a loan can be difficult if you have a bad credit score. Whatever the reason for your poor credit history may be, you can bet that approaching financial institutions for the the usual loan options will end up in one rejection after another. In cases where you do get approved for a loan, you can expect higher than standard interest rates.
Image Credit: Casey Konstantin
Not everything is bleak for people with poor credit scores though, because there are several loan options you can still choose from. Below are 3 such options, with each option equally sound, depending on your particular circumstance.