Loans for Bad Credit - Credit Loans | Loans for Poor or No Credit History SunTrust Personal Loans for Bad Credit Score8 Best Loans & Credit Cards (500 to 550 Credit Score) - 2021If you have a poor credit rating, or simply no credit rating at all, it can be difficult to get a loan approved. However, there are some options available to you such as a bad credit loan or a loan for debt consolidation. Some lenders offer personal loans to people with bad credit but at higher interest rates and with poorer lending personal loan for bad credit is funding for people with bad credit or a short credit history, also known as a payday loan or cash advance. These are signature loans offered from storefront and online direct lenders that usually has higher interest and fees than traditional bank ;· Banks generally have minimum income and credit-score requirements for unsecured loans. Some may also require you to have an account with them. Annual percentage rates, or APRs, typically range from about 6% to 25%. Banks typically offer higher APRs if …Bad credit loans (or adverse credit loans) are specifically created for those with a poor credit history, and anyone in employment who is over the age of 18 can apply for one. This can be a useful service if you are in need of a loan (to consolidate debts, for example), but a poor credit rating means you are struggling to get accepted for one.