If you are looking to take out a 10000 loan with bad credit, then you are going to have to look hard. Frankly, these loans are very difficult to secure. That is, unless you know how to change your 10000 bad credit loan into a good credit loan, which we will outline here.
The best way to change your loan into a good credit loan is to fix your credit. To start this proces is also very easy – simply request a credit report from each of the three different credit bureaus. Then, take a look at why exactly you have bad credit, and start to either contest errors on your report or contact lenders of legit problems and find a way to work through them.
The problem with fixing your credit? Well, if you want the loan fast, then this will not be your option (you should still do it though). In these cases, you should consider taking out a loan with a co-signer. A co-signer can go a long way into making your credit profile improve. Essentially, you need to find someone with good credit (try to get a person with a 700 credit score or higher) who will sign next to your name on the loan. 
By having them sign you are giving the bank two people to go after in case you default on the loan, thus reducing the banks risk levels and making it possible to extend you the loan. Viola! Your bad credit loan has instantly become a good credit loan, you have access the the capital, and your rate is very competitive!
Fortunately, this process is not magical – it is actually very common with 10000 loans with bad credit, and can be used for a variety of loans – car loans, home equity loans, and even personal loans (both secured and unsecured) are some of those examples.
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