Having a bad credit history limits the number of banks and financial institutions that you can run to if ever you are in desperate need of a loan.  Not all banks and financial institutions will be willing to entertain your loan application.  They may look into your poor credit history and leave you with your loan unapproved.  If you consider finishing up a course in college through obtaining a loan but you are concerned with your poor credit history, then it is time that you start searching for student loans with bad credit.  Despite the fact that there may be banks that will be unwilling to entertain you, there are still institutions that will offer you the loan that you need regardless of your credit history.  You just need to have patience and continue searching until you find a bank or financial institution that will offer you the kind of financial assistance that you need.