B/C Loan

A B/C loan is, well, a bad credit loan. Maybe not in those terms. If your credit isn't too hot, or you don't have much credit at all, you may qualify for a B/C loan. You'll pay more in interest thanks to the large risk you bring to the table. However, if you make payments on time and in a regular fashion, you'll improve your credit rating in the long run.

BC: Before Christ, Baked Cookies, and Bad Credit.