Prime Progressive - Overcoming Bad Credit to Get Better Rates Qualifying for a reasonable loan with a bad credit report can be very hard. Earlier, financial institutions were a bit lenient. However, the situation has completely changed since the recession and economic turmoil caused a major problem in the country. The economy was hit quite hard by the global recession. Money lenders and financial institutions have become cautious about borrowers. Due to this, it can be quite difficult to recei...