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What Is a Bad Credit Loan?
Bad credit loans are easier to qualify for than traditional loans, but have higher interest rates and less flexible terms.
By 
Written by
Freelance writer
Amy Boyington has covered personal finance for more than eight years. She's an expert on education and financial literacy.
Edited by 
Written by
Senior editor
Meredith Mangan is a senior editor at Credible. She has more than 18 years of experience in finance and is an expert on personal loans.
Updated March 4, 2025
Editorial disclosure: Our goal is to give you the tools and confidence you need to improve your finances. Although we receive compensation from our partner lenders, whom we will always identify, all opinions are our own. Credible Operations, Inc. NMLS # 1681276, is referred to here as “Credible.”
