
Your cash flow has turned to a drip. The car needs a new tire. Someone has to buy an expensive medical prescription now. All kinds of things can happen to cause a financial disruption in life, especially if you have not been able to stash away an emergency fund.
When you have no friends or family to turn to, you might consider taking out a bad credit personal loan. But wait, you got your free copy of your credit scores and you rate below 550 on all of them. Not good, especially if you have considered going to a traditional lender such as a bank or credit union. Do not even bother to take that route. See a non-traditional lender.