Companies that offer loans to people with bad credit include banks that provide home equity lines of credit, credit unions and peer-to-peer lenders, according to Quick and Dirty Tips. Individuals can also ask friends and family for a loan or to co-sign a loan.
According to Quick and Dirty Tips, those who have equity in their property might be able to secure a home equity line of credit. If the debt isn't paid back, the individual may be forced to move out of his home, notes Green Path Debt Solutions. One advantage of going to a credit union for a loan is that it often offers lower fees than banks. With a peer-to-peer loan, the individual borrows from another individual as opposed to a financial institution.