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"Generally, yes almost anyone, even those with bad credit can get a sub prime loan. Sub prime loans are designed especially for people with bad credit as a way to try to rebuild credit. The interest rates are definitely higher as would be expected, though if the loan is a secured loan the interest rate would be lower than that of an unsecured loan."

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13y ago

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Related Questions

Where can you get a bad credit loan?

Yes, you can get Bad Credit Loan.


Get bad credit loan in Ontario?

Yes, you can get Bad Credit Loan.


What bank you can go to get a bad credit loan you and your wife have bad credit?

Yes, you can get Bad Credit Loan.


What credit rating number would a loan officer considered bad credit?

Credit scores range from 300 to 850. Generally a loan officer would consider a score below 620 to be a sub-prime, or bad score.


Is it good to have a loan when you have bad credit?

It will be hard to get a loan when you have bad credit. However, if you already have a loan and have bad credit on other things such as credit cards, then keeping your payments current on your loan can help improve your bad credit over time.


What lenders will give a 'close to prime' auto loan rate if one has good credit but their spouse has bad credit?

Only the lender can answer this.


Can I get a home loan if I have bad credit in Texas?

Yes, you will be able to get a loan but a higher downpayment may be required. Some loan or mortgage companies may also require you to pay off your bad debt before you get a loan. There is no law that prohibits you from buying a home with bad credit, but in this troubled economy, lenders are very reluctant to loan to anyone without near perfect credit.


Where would a person with bad credit go to get a car loan?

There are many places one might go get a car loan if one had bad credit. One of the best options for anyone seeking a car loan would be one's financial institution.


Where can I find a bad credit home loan?

You can find a bad credit home loan at homecredit.com


If I have bad credit, will anyone loan me money?

You can get a credit report review done and then lenders will be able to see why you have bad credit. If you have a steady income and you seem to be trying to pay off any debt then many places will still give you a loan regardless.


Can you get a personal loan without a cosigner?

It all depends on your personal credit history. If you have a bad credit history or no established credit then it can be difficult to get a loan. Anyone can get a payday loan but it is not recommended as the interest rates are outrageous. Contact your local bank for more information on how to get a personal loan.


Is it possible to get a loan with bad credit?

Some agencies will accept high risk people with bad credit to receive a loan. It is still possible to receive a loan despite having bad credit.