Bad Credit Loans: What’s Realistic (and What’s a Red Flag) TL;DR Realistic: Expect verification (ID, income, bank account), a soft credit check for pre-qual, and offers sized to income and repayment ability. Helpful options: Shorter terms you can afford, secured or cosigned offers (if available), and transparent disclosures. Red flags: “ Guaranteed approval ,” no disclosures, pressure to pay upfront fees , or requests for gift cards/crypto.      Bad-credit loans can be confusing, so this guide focuses on what’s realistic—and how to steer clear of red flags—while briefly explaining how WeFixMoney fits in. WeFixMoney.com helps people explore loan options through a quick online form and a network of participating lenders, with no obligation to accept an offer; many partners use a soft credit check for pre-qualification (so there’s no score impact at that stage), followed by standard ID, income, and bank verification before final a...