2006-06-27 10:18:51 · 10 answers · asked by Anonymous in Business & Finance ➔ Credit
What do you need a loan for? If your credit is horrible, any loan you are going to be able to get is going to be at a very high rate of interest. You'd be better off saving $200 a month for a few months and paying cash for whatever it is you need the loan for. If you just need it to make ends meet, you're going to sink further and further in the hole and never be able to get out. Spend less. Pay your bills. Don't borrow. Adjust your lifestyle to fit your income, not the other way around.
Sorry. Not the answer you wanted, but having been down the "I can't live on my income, no matter how many raises I get" road, I know what I'm talking about.
2006-06-27 10:22:05 · answer #1 · answered by zartsmom 5 · 0⤊ 0⤋
If you are talking about a car loan, try doing a search for Drive Financial. If you are talking about a credit card, try doing a search for Orchard Bank. If you have bad horrible credit though, the interest rate is going to be high - which means so will your payment - you'd have to have good chunk of money down to buy a car along with the loan, which of course if you had a good chunk of money, you wouldn't need a loan in the first place.
2006-06-27 17:21:55 · answer #2 · answered by Fun and Games 4 · 0⤊ 0⤋
Why do people ask for money here?
I mean we simply are unwilling to help people like you as it is your own fault your credit is bad...Fix your credit, you will have to suffer through that, and then once your on the right track, then get your loan...take another job, call a debt consolidator place to help you...A loan isn't going to help but in the short term...You need to think long term, Everyone one does when it comes to their credit...
2006-06-27 17:22:07 · answer #3 · answered by ~Sinfully~Exquisite~Stalking~ 4 · 0⤊ 0⤋
Unfortunately, with terrible credit, you won't find a legitimate lender. All that's left are loan sharks and payday loan places.
The legitimate lenders will look at your past credit, and will worry that you won't pay them off.
At this point, you need to start rebuilding your credit. It takes a long time and a lot of patience. Borrow small amounts, pay them off on time.
2006-06-27 17:22:36 · answer #4 · answered by Stuart 7 · 0⤊ 0⤋
Depends on the type of loan you are looking for: i.e home loan, auto loan, credit loan, student loan, and basic needing money ASAP.
home loan: try talking to a loan originator and they'll work with you, because it is commission base employment for LO's they don't get paid unless you get the loan.
auto loan: talk to a "contract buyer" which means call into one of the lenders or creditors with that dealership you are trying to get your car, and see what stipulations are needed for you to ensure the loan.
credit loan: because of bad credit you might not be able to get the loan you want, and most likely it will inquire a higher interest rate. although it is difficult to get credit loans, try applying at major banks rather than small ones; because small ones aren't as "valuable" as the larger ones, they don't give out much loans at lower interest rates.
student loans: like that one person answered: you can get an emergency withdraw loan for school: banks such as Bank of America are helpful and wells fargo, but you'll get higher interest rate at wells fargo.
Basic Need money: try going to money tree or one of them check into cash places because they dont' do much credit check, just require "supposed good reference."
hope that help. =)
2006-06-27 17:29:18 · answer #5 · answered by Sao_angel 2 · 0⤊ 0⤋
If you own a house, check with your bank about a home equity loan.
If your debts are overwhelming, go see a credit counselor for help. They can help get you back on track.
Going further into debt with a loan probably just makes things worse.
2006-06-27 17:22:54 · answer #6 · answered by Ginger/Virginia 6 · 0⤊ 0⤋
If you're in school, you could probably vouch for an emergency loan. But if you're not, you may have to consider borrowing it from a family member or friend if the bank can't give you one. Sorry if I couldn't help.
2006-06-27 17:20:40 · answer #7 · answered by Anonymous · 0⤊ 0⤋
be sooooo careful getting a loan. if you have bad credit your grace periods are much shorter. reall y read the contract and please think before you sign.
the best advice i ever got about credit is this.....
you can't barrow your way out of debt.
2006-06-27 17:22:42 · answer #8 · answered by KAREN A 4 · 0⤊ 0⤋
How much do you need?
2006-06-27 17:41:22 · answer #9 · answered by Anonymous · 0⤊ 0⤋
try this
http://www.wesayes.com
2006-06-27 18:25:59 · answer #10 · answered by umdanddvd 3 · 1⤊ 0⤋