Zippy Loan An unexpected emergency, just some bad choices along the way, or maybe even youthful indiscretion, the reality of a bad credit history is still the same - it is bad. Where you go looking for a bad credit Personal Loan will determine your success in terms of ease of approval and the ease of the repayment terms. But often, these will not be very good even if you go to some nontraditional lenders. The fact of the matter is, with a poor credit score, lenders have no real assurance that you will pay them back. You have already failed to pay back on other loans. So, deals offered to you if you have bad credit are not going to be as good as those offered to folks with higher scores.