1. – Basically, loans for people with bad credit can either be secured or unsecured. Secured loans are obtained when you present an item of value to serve as the appropriate collateral for the amount you are borrowing. In most cases, the creditor will accept things like cars,

    – So we suggest staying away from anything that is claiming of approval of “bad credit personal loans” guaranteed approval up to $5,000 before even your application is processed. Similarly, when you need credit loans, there are multiple offers that will come your.