MSE Guide: Should I get a loan if I have a bad credit score?

This is the place to discuss our new Should I get a loan if I have a bad credit score? guide. 

We'd love to hear your thoughts, personal experiences, and general feedback. 

If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.


  • MorningcoffeeIV
    MorningcoffeeIV Posts: 1,864
    First Anniversary First Post Name Dropper
    edited 28 September 2023 at 3:22PM
    No. You shouldn't get loans if you believe in credit scores.

    Whether you should get a loan depends on its purpose, affordability, your attitude to credit, the rates you can get, alternative options and so on.
  • It's the wrong question to ask.

    The question should be can I  honestly afford the repayments or not?
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