How did we get a loan with bad credit in a day?

Bad credit loans are treated a similar as personal loans. they're money you borrow and pay back in fixed monthly installments. The loan may return from a bank, however if you’re looking for a reasonable rate of interest and flexible qualifying needs, the higher choices in all probability would be:

Credit unions. a good possibility. most allowable rate of interest is 18.

Family or friends. Easier to qualify and hopefully lower interest rates.

Find a co-signer. Use somebody else’s high credit score to get a lower rate of interest.

Tap home equity. Credit score not a factor. If you have got equity, you'll get a loan.

Online or P2P. huge market of lenders who will be very flexible with terms.