There may be unforeseen circumstances where you need an urgent loan. However, it can be an uphill task for one who need a loan with bad credit. Borrowing may come with high interest rates and options are limited. One is also viewed as a high risk customer who is likely to default on the payments. Hence, many traditional big banks do not lend unless the credit score reaches the minimum guidelines. As you struggle to build credit, I can suggest some tips to find a good loan to get funded.