Where to get small loan with poor credit?

@kara 

If you have poor credit and need a small loan, there are a few options available to you. Here are a few places where you can consider getting a small loan with poor credit:

1. Online lenders: Several online lenders specialize in providing loans to individuals with poor credit. These lenders often have less stringent credit requirements and may be more willing to work with borrowers in challenging credit situations.
2. Credit unions: Some credit unions offer small loans to their members, even with poor credit. Credit unions are not-for-profit financial institutions owned by their members, which can make them more flexible in lending criteria.
3. Co-signer: If you have someone with good credit who is willing to cosign the loan, you may have a better chance of being approved for a small loan. A cosigner essentially guarantees the loan and takes responsibility if you fail to repay it.
4. Peer-to-peer lending platforms: Peer-to-peer lending platforms connect individual lenders with borrowers. They often consider more than just credit scores when assessing loan applications, which makes them a potential option for those with poor credit.
5. Payday lenders: While generally not recommended due to high fees and interest rates, payday lenders can provide small short-term loans regardless of credit history. However, it's essential to be cautious and fully understand the financial implications of borrowing from a payday lender.

Remember, even if you find a lender willing to extend a loan with poor credit, it's important to critically evaluate the terms and conditions. Make sure the loan is affordable, and you have a plan to repay it on time to avoid worsening your credit situation further.