It may be that you now need a bad credit loan because you haven't been able to manage your finances wisely. If so, here's how you can reduce your expenses dramatically.

You can save as much as a thousand dollars or more each year in lower credit card interest charges by paying off your entire bill each month or by using a check, cash or debit card for purchases.

If you are unable to pay off a large balance, pay as much as you can and switch to a credit card with a low annual percentage rate (APR). You can obtain listings of low-rate credit cards through http://www.cardlocator.com/> or http://www.bankrate.com/ (click on credit cards), which provide information at no charge to consumers.

You can reduce credit card fees, which may add up to well over $100 a year, by getting rid of all but one or two cards, and by avoiding annual, late payment, and over-the-credit limit fees.

The best way to find a bad credit loan is to compare deals. Only by comparing can you find the best terms and conditions most favorable to you.