At one time or another, most of us need to borrow money. However, due to any number of circumstances or events, many of us no longer have a good credit record. If you find yourself in the camp of the less-than-perfect credit, you are well aware of the difficulty of obtaining a loan for any type of financial need. If your local bank has denied you the financing you need, you still have other options at your disposal. While your options may come with a high interest rate, they may be able to help you in your time of financial need.

Bad Credit Credit Cards

Some financial institutions will offer credit cards to you regardless of your credit history. You also get the benefit of using the credit line again after you pay it off.

Bad Credit Short Term Loans

There are many types of short-term financing programs that allow people to borrow money with bad credit. As long as they are used wisely, they can provide the funds needed to get through an immediate cash crunch.

Bad Credit Personal Loans

If you need a loan for a short period of time, you can consider a personal loan. You can get a lump sum of cash, and repay the loan over a period of time.

Payday Loans

Due to the costs involved, these types of loans are designed for very short term use. Loan payments are typically deducted directly from your checking account.

Title Loans

With a title loan, you pledge the title of your car as collateral for a loan. Since the lender can take your car if you don't repay the loan, this option should only be considered after all others.

Pawn Shop Loans

If you are still making payments on your car, you don't have a title to use for a title loan. If you have other items of value, you can take them to a local pawn shop to use as collateral for a loan.