Having bad credit definitely makes getting a loan more challenging, but it’s far from impossible. You have several options, but you should know in advance that you’ll end up paying a higher interest rate than someone with good credit would. One option is to put up collateral to guarantee your loan. You could also have someone co-sign your loan. When someone co-signs your loan they are making a binding legal promise to pay the loan back if you default on it. The final option is to take out a loan from a lender that doesn’t use credit, like a payday loan company.