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Does anyone know where to go for an unsecured personal loan for people with bad credit?

redberri21 asked:


I’M TRYING TO GET APPROVED FRO A PERSONAL LOAN FOR MY EDUCATION FEES. EVERYONE KEEPS TURNING ME DOWN BECAUSE I HAVE HORRIBLE CREDIT, AND I AM DEFAULTED ON A STUDENT LOAN. I DON’T HAVE A CREDIT WORTHY CO-SIGNER. CAN ANYONE HELP?

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This entry was posted on Friday, February 20th, 2009 at 10:49 pm and is filed under Personal Loans. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “Does anyone know where to go for an unsecured personal loan for people with bad credit?”

  1. Nichole K Says:
    February 23rd, 2009 at 3:47 am

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    Bad credit personal loans normally carry a higher rate of interest. This is because of the higher risk potential in such loans. One may also be overcharged on this account. The borrowers are asked to pay a hefty charge and have to face some inflexible terms of payment. Nevertheless, there are lenders who charge reasonably lower rates of interestcomfort and a future comfort also leads to this trap. Deciding the monthly repayments and the number of installments further strain your mental faculties. An expert advice from knowledgeable people will help in this decision. Being aware of ones financial condition, the borrower can decide the various details of the loan in a much better manner. Thus, the final decision is reserved with the borrower himself.

  2. mister ed Says:
    February 25th, 2009 at 1:00 am

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    you might have to drop out of school — work a year build up some savings and then go back to school!!!

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