Bad credit personal loan lenders are financial institutions or online lenders that specialize in providing personal loans to individuals with poor credit scores. These loans are typically unsecured, meaning they are not backed by collateral, and have higher interest rates than loans for borrowers with good credit.
Bad credit personal loans can be a helpful way for people with poor credit to access funds for unexpected expenses, consolidate debt, or make other purchases. However, it is important to compare interest rates and fees from multiple lenders before choosing a loan, and to only borrow as much as you can afford to repay.