I need a personal loan but I have almost bad credit. Any suggestions on who I should go to?
babe112083 asked:
I don’t want to end up paying double back. Is it even possible to get a personal loan with out paying double back?
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I don’t want to end up paying double back. Is it even possible to get a personal loan with out paying double back?
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Tags: Bad Credit, Personal Loan
September 4th, 2008 at 4:34 am
Maybe you could get a co-signer . That would help you.
September 4th, 2008 at 5:53 am
well the problem is with your credit. If you really need the money you should try to pawn something with value and you don’t have to pay double the amount of what the loan you.
September 7th, 2008 at 6:26 am
Even though your credit may be bad, there is one website I found and maybe the only source to get a unsecured personal loan with a credit score as low as 520. A credit community website called prosper.com, which is a marketplace for credit that enables people to lend money to other people in a safe, efficient manner.
Prosper enables people to create groups, which borrowers can join and request 3-year, fully amortized loans from $1000 to $25,000. Borrowers can also indicate the maximum interest rate they are willing to pay, plus repay the full amount of the loan at any time and there are no early payment penalties.
September 7th, 2008 at 8:35 am
visit this site get ur personal loan any bad credit all the best
September 10th, 2008 at 1:16 pm
Try going to this site, they have lots of information about this sort of stuff.
September 12th, 2008 at 2:58 pm
Dont believe anyone offering you the moon and the stars when it comes down to obtaining a loan with a low fico (bad credit).
This is how banks work. If you have a good track record they know you wont default so you get a lower % and the investors interested in this type of borrowers get a lower % of return because the borrower got a lower %. If you have a bad track record, banks know you are not very disciplined with your money so you are a riskier borrower. To make up for the risk you present to them they will charge you a higher % and that is where investors get their money because although they know it is a riskier investment they will get a higher return on their money.
My suggestion, learn about your credit and how you can improve it. Dont deal with anycompany claiming to repair your credit for 200-600 dollars.
Google this organization (non-profit) Consumer Credit Counseling Services in your area and they will be able to counsel you with your finances and your credit.
Good luck
September 13th, 2008 at 12:32 pm
If you get a leg. loan, you will be paying subprime interest rates. That’s the cost of having less than good credit, sadly. But be careful, your questions opens you up to a lot of the loan scammers out there. You may even get some answers who sing the praises of this lender or that one. Don’t be deceived. Do not give them any personal information until you can verify who they are like verifiable business name, address, phone number. Also if they ask for any money upfront, run! They are loan scammers. It is illegal for any lender to ask for upfront money to obtain a loan. So be careful and check these private lenders out very carefully. See the Federal Trade Commission website and Crimes of Persuasion website for more info.
September 15th, 2008 at 12:22 pm
There are plenty of places that offer loans for people with bad credit with no-hassle applications and easy requirements.
Some of these lenders even offer 1 minute approvals, and have both secured and unsecured loans, depending on your need and situation. Check the page listed below, it has information and bad credit lenders listed off and on.