I need a loan but I have bad credit and so I would talk to a bank to see if they have other lenders that they may recommend. Because you have bad credit it does not mean you cannot talk to a bank because they can generally lead you to the right people if they are unable to help you. These lenders can help you when you need cash now to get an unsecure loan at a fairly decent interest rate. The interest rate will determine how much you need to pay back every month because that is added on to the payment of the actual loan you acquired. Bad credit is not always caused by poor choices, because these things can happen if you get sick or if your business collapses and you are part of it or the owner. These things can cause bad credit without you having any control over it and lenders can typically overlook these or help you out because the situations were out of your control.
Some lenders may require collateral, if I need a loan and I have bad credit as reluctant as I may want to be in some cases it will be required. By offering collateral you can get approved for your loan, but also you need to be careful because you can lose that collateral if you are unable to pay your monthly payment.
Other ways to look up loans are to go online and find good deals through banks and lending companies. You can compare things much easier and find the best interest rate possible for you without having to drive all around town and get different people online to find out more information. Most of the information is offered to you right there on the webpage and it can lead to simple questions that you may need to ask, and that you have to call for. When it comes down to it and you finally made your decision make sure you have looked at all your possible options to find the best rate and loan amount for you.