text: i want to know if there is a loan for bad credit to pay off the things on my credit report? i have bad credit and want to know if there is a place that will loan money to pay off my credit report so i can have a chance to start over. yes.  places like wells fargo,  citifinacial (who i used to consolidate)  will give u a loan even if your credit isnt good, lord knows mine isn't.  now they do ask for collateral but they will give u a loan on your car.  try it out.  worked for me. my scored increased greatly over the past 3 years because of it.  try citi first.