Can you get a loan with a 550 credit score?

I'm curious, can someone with a 550 credit score actually qualify for a loan? Is it a common practice for lenders to consider applicants with such a low score, or are there specific requirements or conditions that need to be met? Additionally, what types of loans are typically available to individuals with a 550 credit score, and what interest rates can they expect to encounter? Understanding the ins and outs of this process would be incredibly helpful in navigating the world of credit and finance.