Yes, there are online lenders that offer loans for borrowers with bad credit. Your loan terms will be less generous and you'll pay a higher interest rate than a borrower with good credit. Before you apply, check your credit reports at annualcreditreport.com and fix any errors you find, which can add a few points to your credit score. Also consider applying for a secured loan, which is more accessible to applicants with bad credit because they reduce the lender’s risk.