 TITLE: How to Qualify for a Loan When You’re New to Credit CONTENT: Loan Options for Those With Bad Credit\n--------------------------------------\nWhether your credit history is limited or well established, negative marks can stifle your ability to get approved for affordable credit.\nWhile payday loans and auto title loans can be easy to get, they charge sky-high interest rates and usually have extremely short repayment terms. These two elements make it harder for borrowers to pay back their loans on time, which may force them to borrow again and again or else face default and potential legal action.\nAs such, it's best to avoid those options altogether. Here are some cheaper alternatives. END