I have a credit rating of lower than 600, and own no home.
2006-07-28 13:50:24 · 16 answers · asked by EvaM 1 in Business & Finance ➔ Credit
that would probably be impossible without collateral
2006-07-28 18:23:53 · answer #1 · answered by Anonymous · 0⤊ 1⤋
The simpliest way would be to make the credit grantor a partner. Are you getting the money for an investment?
In real estate for example is you were getting a $500,000 house for $250,000 but needed $25,000 down then you could get a partner who would put up the money and then when the house was resold get their money back and a percentage of the profits. I would need to know what is the purpose of the loan. There is a website called www.prosper.com where ordinary people make loans based on any purpose. Check it out. Also you may have to get many smaller loans like $5,000.00 here, $10,000 from another source is another way to do it. Do you belong to a credit union? Does anyone owe you money? If so you can borrow against that money. If fact I give loans based on cash flows people sell.
I hope this helps you.
Good Luck
2006-07-28 14:04:54 · answer #2 · answered by teenriodoll 3 · 0⤊ 0⤋
About your only option is to find someone to give you a personal loan, but the someone you seek will have to accept considerable risk. Best if they are very affluent and can afford a loss if it should end that way. Bad credit and no collateral constitutes nothing to offer a lender as a guarantee for pay back.
2006-07-28 13:54:44 · answer #3 · answered by nothing 6 · 0⤊ 0⤋
The best way to do this is to go to a rent-a-center.buy some thing like a t.v. or radio.pay payments.then when you pay it off you will have good credit and then you can try to get your loan.I have learned that if you pay off a lot of little loans you can then get a big loan.
2006-07-28 13:58:36 · answer #4 · answered by sunshine 2 · 0⤊ 0⤋
search grants.gov and its many links just dont pay for info thats free/keep your head up and think,think think and act.------create a buisness plan with contracts that are for a year from credit worty people and they sign the contract for what ever service you are willing to provide from pooper scooper to cleaning windows at big apt.complexs hint,elderly subsidized units,to car washing etc.then take the contracts to a little man bank and pray for it.hint everbody likes to save money,dont be afraid this is america,as of now anyhow. land of oppertunity.i personaly been to busy my self to see the big piture,hey ihave a home paid for and having problems,but i will keep walking though doors that open,may god bless you in your life.-------hint chase bank is not friendly at all
2006-07-28 14:09:00 · answer #5 · answered by bubbamynar 2 · 0⤊ 0⤋
Just forget the loan and go back to sleep
2006-07-28 19:27:14 · answer #6 · answered by Hoa N 6 · 0⤊ 0⤋
Kidnap a kid and you can ask for 10 times as much for ransom. Dont' kidnap one of Bush's daughter's though, you'll prolyl get an offer less 25k.
2006-07-28 13:54:22 · answer #7 · answered by Dr. An'zer U 3 · 1⤊ 0⤋
Go talk to Big Tony in little Italy.
2006-07-28 16:22:10 · answer #8 · answered by michael a 2 · 0⤊ 0⤋
It depends on what it is for but you may want to check out grants.com
Or anyother grant programs
2006-07-28 13:54:22 · answer #9 · answered by rranderson1968 4 · 0⤊ 0⤋
What your seeking is not ordinarily called a loan.
2006-07-28 13:52:38 · answer #10 · answered by Anonymous · 0⤊ 0⤋
Look for the big fat Italian guy with the Cadillac,,,, remember if you dont pay him back he will break your legs...LOL just kidding... the odds dont look that good.
2006-07-28 13:55:10 · answer #11 · answered by Anonymous · 0⤊ 0⤋