Are bad credit loans a scam?

• cash secured credit card
• credit cash
• credit card loan
• no credit check secured loan
• credit card consolidation loan
• zero balance transfer credit cards
• low interest balance transfer credit cards
• send fax online
• wire money online to bank account

I googled bad credit loans and what I got were some nasty horror stories about them. The funny thing is I also got tons of sites offering them like I’m some VIP customer. Is it a trap? What’s the truth about these loans? I hope to get answers from those of you who’ve had the experience of getting one in case I’m actually tempted to consider borrowing.

Are bad credit loans a scam?