 TITLE: What to Do If Your Loan Is Denied CONTENT: Getting a Loan When You Have Bad Credit\n---------------------------------------\nWhether you need money to finance a large purchase, cover living expenses or consolidate debt, it's possible to do so with bad credit.\nSpecifically, some lenders specialize in working with borrowers with bad credit and have less stringent credit requirements. The catch is that your interest rate will generally be higher than what you'd qualify for with fair, good or excellent credit.\nAnother way to borrow with bad credit is to get someone with good credit to apply with you as a cosigner. Some lenders allow cosigners to improve your chances of getting approved. Even if you can get approved on your own, enlisting a cosigner with a great credit history can help you score a lower interest rate.\nKeep in mind, though, that cosigners are equally responsible for paying off the debt. So if you default, it could damage both your and their credit history.\n> Find the best personal loans in Experian CreditMatch™. END