Signature loans are rarely approved for individuals with bad credit. This is simply because credit is the premise for a signature loan in the first place. The nature of signature loans is that there is generally no collateral attached when the loan is taken out. Therefore, a person is simply giving his/her word that the loan will be repaid. Obviously this is too risky for the bank if the person has a reputation for not paying bills and a person with bad credit obviously falls under this category.
If you're looking for a signature loan and you have bad credit, there's only one thing that can be done - find a cosigner. Sorry if that's not what you want to hear but any bank that would give a signature loan to a person with bad credit wouldn't be in business for very long.
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