best place to get a low intrest 5000 personal loan?

Michael K asked:


I am looking for a 5000 personal loan with a low interest rate. I have been employed at the same job for the last three years and haven’t missed a payment sense I got my auto loan a year and a half ago. is my best bet going back to the credit union or are there better options out there?

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Tags: Last Three Years, Low Interest, Personal Loan

This entry was posted on Friday, July 24th, 2009 at 6:13 pm and is filed under Personal Loans. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

One Response to “best place to get a low intrest 5000 personal loan?”

1. Kert U Says:
   July 25th, 2009 at 1:07 pm

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   Try prosper.com or eloan.com

   Today the lenders have started offering nearly all varieties of loans for people with poor credit record.They are also introducing many new loan products meant for this group. Now people with poor credit can get the same choices as those with the good or mediocre credit. Today you can use bad credit personal loans for many purposes like car purchase, vacation or even debt consolidation.

   But if you have some assets to offer as collateral, your chances brighten. The primary reason why people with poor credit history do not get loans is because the lenders are scared that the borrowers will default again. But if you can offer collateral, your lender is secure in the knowledge that his money is in safe hands. You have to try and meet the repayment schedule, failing which you lose the asset.