I just started work last week and they're holding one week back from me and I need $300 fast... I'm 20 years old and have bad credit... can I still take a loan out? And where?
2006-07-17 11:41:57 · 11 answers · asked by joe 1 in Business & Finance ➔ Credit
those payday loan stores. also, ask your bank, some like Wells Fargo do.
2006-07-17 11:45:39 · answer #1 · answered by truthyness 7 · 0⤊ 0⤋
If you own your car, you may be able to get a loan on the title of your car. Otherwise, a payday loan place , some don't require a credit check. But beware the interest rate if you don't pay it back quick.
Maybe it's better if you borrow from someone your parents or someone you know. It's better that way. Just make sure that you are aware that it is a loan. Make a promissory note to the person as follows , that way there is no mistake and you can make arrangements on how you want to pay back the loan whether it's $20, $50, or $100.00 at a time.
I wrote one when I asked my employer to loan me some money. It went like this.
I, (your full name), promise to pay back this loan as follows. $____ every week (or every two weeks whatever your payweek is) . Write all the payweeks you think you'll use to pay the person back. So say you expect to pay them fully by Dec. than you would go as follows:
7/15/2006 $50.00
7/31 $50.00
...
.....
11/15/2006
Final payment $_____
Than you write each of the your pay dates and the amount paid.
Make sure that you HAVE THE INITIALS OR SIGNATURE OF THE PERSON ON THE PAPER EACH TIME YOU PAY THEM ANY AMOUNT, so that there is no mistake or "I don't remember if you paid me or not". It's easy to type one up on a typewriter or computer.
2006-07-17 19:00:18 · answer #2 · answered by sxyredht21 3 · 0⤊ 0⤋
Find something worth $1,000 and hock it for 300. Option 1
Option 2 Try a cheezy loan company in your town like EZLOANS and bring the title to your car. Even if you have a loan on it, you can often get a second loan.
Option 3. Find a friend who will loan you some cake.
2006-07-17 18:44:16 · answer #3 · answered by almondjoy_1000 3 · 0⤊ 0⤋
Some employers will let you have an advance. Also some banks will give you a payday loan, or payday loan companies, but you have to pay high interest.
2006-07-17 18:44:34 · answer #4 · answered by stick man 6 · 0⤊ 0⤋
go to one of those pay day loans or something like it "ace" if they have it where you live. they will give you up to 500 your first time all you need is a bank account, a job. no credit checks
2006-07-17 19:31:15 · answer #5 · answered by dido45dido 3 · 0⤊ 0⤋
DON'T do the payday loans whatever you do!!! It takes forever to get out from under them. Just ask your parents or a friend.
2006-07-17 18:44:05 · answer #6 · answered by ndtaya 6 · 0⤊ 0⤋
A payday loand at a reputable place. Most of the check cashing places have it. It will probably cost you about $20.00 if you pay it back right away.
2006-07-17 18:43:57 · answer #7 · answered by nastaany1 7 · 0⤊ 0⤋
Any of those "check into cash" places with give you a high interest loan against your paycheck.
2006-07-17 18:44:00 · answer #8 · answered by pknutson_sws 5 · 0⤊ 0⤋
You want my advice? Probably not. Suffer til next payday. You'll be thankful you did.
2006-07-17 18:43:53 · answer #9 · answered by WiseWon 3 · 0⤊ 0⤋
if you have bad credit or no credit
help can be found here http://www.wesayes.com
2006-07-17 19:10:09 · answer #10 · answered by tuesdaysgreat 1 · 0⤊ 0⤋