You can get personal loans with a bad credit score, but they usually entail a high interest rate. The first option for a person with a bad credit score is to apply for a secured loan against gold or property. If you do not want a secured loan, then you will only be able to avail loans with a very high interest rate. Another option would be to apply for a loan with a Non-Banking Financial Company (NBFC), but they will have a higher interest rate than normal, or you would avail a peer to peer loan which is online lending up to a maximum of 5 lakhs for tenures ranging from 12 – 36 months. 

A bad credit inevitably gets you loan at unfavourable terms which can make it hard for your while repaying the loan. It is recommended that you improve your credit score and apply for a loan or credit card. It helps you get credit at better terms and avoids a loan rejection as well. Credit Mantri offers Credit Improvement Services (CIS) using which you can pay off the past dues and improve your credit score. In a few months, after signing up for the service, you can see remarkable changes in terms of your credit eligibility.