How To Get A Personal Loan With Bad Credit | CU SoCal

Although it’s possible to get a loan with bad credit, people with bad credit should expect to pay a higher interest rate and fees to get the loan. Banks tend to have stricter lending requirements, while credit unions have more flexible lending requirements so you can apply for a personal loan with bad credit.
At Credit Union of Southern California (CU SoCal), we make getting a personal loan with bad credit easier. We offer a series of personal loans to ensure you’ll be able to access money that helps build your credit.
Even if your credit history isn’t perfect, don’t worry, because unlike a traditional bank, we don’t think that your credit score tells the whole the story. Come in and talk to us and let’s see what we can do.
Call 866.287.6225 today to schedule a no-obligation consultation and learn about our personal loans and other banking products. As a full-service financial institution, we look forward to helping you with all of your banking needs.
Read-on to find out how to get a personal loan, even if you have bad credit.

What Is A Personal Loan?

A personal loan is a loan granted to an individual based on their creditworthiness (not collateral), and is sometimes called an “unsecured loan” (since no collateral is used to secure the debt).

Why Credit Score Is Important

Credit history and credit score are a central part of any loan application process, whether you apply for a personal loan with bad credit, or apply for a credit card, auto loan, or mortgage.

How to Get A Personal Loan With Bad Credit

If bad credit is a concern, here are some tips to fix your credit:

CU SoCal Personal Loans

CU SoCal is helping Southern Californians get the funds they need to pay for life’s necessities. Our personal loan features include:

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