Are there companies out there willing to take a risk on someone like me?
2006-08-08 02:34:36 · 11 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
hi there
people in debt often seem to find some help here :
http://credit-cards.ebookorama.com
and here http://finance.ebookorama.com
and I have found 2 more sites on the topic
http://credit.ebookorama.com
http://credit-repair.ebookorama.com
ifyou get any luck please don't forget about me lol, hope it helped you!
2006-08-15 08:07:50 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Most of them will do it if you have a co-signer with good credit or do a secured loan (boat, house or car with a title to use as collateral). Anything that you can do to help your credit, is good, but with a low score, its hard to get a loan. I would also try to see if you can get a credit card and since you are requesting a small amount to consolidate debts, you might be able to get one. I would just start calling around to banks and money lending companies in your area and see if there is any places that are willing to give you a chance.
2006-08-08 02:41:04 · answer #2 · answered by brittme 5 · 0⤊ 0⤋
I wouldn't recommend getting a credit card for that amount. The amount of interest and fees you would pay on that amount would take you many, many years to pay off.
If you belong to a Credit Union or have a family member who does your chances of getting a loan through there are much better. You can join most any Credit Union as long as a family member belongs. The interest rate that you would pay are sometimes better than most banks. Having collateral such as a vehicle to use would be much better too as it would be considered a vehicle loan instead of a personal loan. Personal loan interest rates can sometimes be outrageous if you don't have perfect credit.
Hope this helps!
2006-08-08 02:52:38 · answer #3 · answered by soldierssweetie 1 · 0⤊ 0⤋
5 ways to boost your credit score
Your credit score is not just bank-speak, it's a tool you can control and use to save cash
once you know your score, you can follow these tips from myFICO to improve your rating:
Pay your bills on time. Delinquent payments can have a major negative impact on your score and the longer you pay your bills on time, the better your score. For example, someone with an average credit rating of 707 can raise their score by as much as 20 points by paying all their bills on time for one month.
Keep balances low on credit cards. High outstanding debt can affect your score. Maxing out your credit cards could lower your average score by as much as 70 points.
Don't open a number of new credit cards that you don't need. New accounts will lower your average account age, which could actually lower your score by up to 10 points.
Have credit cards - but manage them responsibly. In general, having credit cards and installment loans (and making timely payments) will raise your score. Someone with no credit cards, for example, tends to be higher risk than someone who has managed credit cards responsibly.
Closing an account doesn't make it go away. A closed account will still show up on your credit report and may be factored into the score
Most of them will do it if you have a co-signer with good credit or do a secured loan (boat, house or car with a title to use as collateral). Anything that you can do to help your credit, is good, but with a low score, its hard to get a loan. I would also try to see if you can get a credit card and since you are requesting a small amount to consolidate debts, you might be able to get one. I would just start calling around to banks and money lending companies in your area and see if there is any places that are willing to give you a chance.
I wouldn't recommend getting a credit card for that amount. The amount of interest and fees you would pay on that amount would take you many, many years to pay off.
If you belong to a Credit Union or have a family member who does your chances of getting a loan through there are much better. You can join most any Credit Union as long as a family member belongs. The interest rate that you would pay are sometimes better than most banks. Having collateral such as a vehicle to use would be much better too as it would be considered a vehicle loan instead of a personal loan. Personal loan interest rates can sometimes be outrageous if you don't have perfect credit.
Loan consolidation is prevalent nowadays. With fair credit and right information you should be able to find some one to do the transaction with you.
Two articles show in my resource box might give you some overall ideas on loan consolidation. Check it out!
Spending a few minutes browsing here could help you find just what you are looking for. Don't be misled by this sites name you can find all kinds of financial services here.
2006-08-15 02:27:37 · answer #4 · answered by musab 1 · 0⤊ 0⤋
5 ways to boost your credit score
Your credit score is not just bank-speak, it's a tool you can control and use to save cash
once you know your score, you can follow these tips from myFICO to improve your rating:
Pay your bills on time. Delinquent payments can have a major negative impact on your score and the longer you pay your bills on time, the better your score. For example, someone with an average credit rating of 707 can raise their score by as much as 20 points by paying all their bills on time for one month.
Keep balances low on credit cards. High outstanding debt can affect your score. Maxing out your credit cards could lower your average score by as much as 70 points.
Don't open a number of new credit cards that you don't need. New accounts will lower your average account age, which could actually lower your score by up to 10 points.
Have credit cards - but manage them responsibly. In general, having credit cards and installment loans (and making timely payments) will raise your score. Someone with no credit cards, for example, tends to be higher risk than someone who has managed credit cards responsibly.
Closing an account doesn't make it go away. A closed account will still show up on your credit report and may be factored into the score
2006-08-08 02:40:03 · answer #5 · answered by twofingers_69 3 · 0⤊ 0⤋
Loan consolidation is prevalent nowadays. With fair credit and right information you should be able to find some one to do the transaction with you.
Two articles show in my resource box might give you some overall ideas on loan consolidation. Check it out!
Good luck!!
2006-08-10 11:02:43 · answer #6 · answered by Anonymous · 0⤊ 0⤋
I don't know what state you are in, but most credit unions will loan you the money based on your credit.
2006-08-15 13:45:03 · answer #7 · answered by anisarkisyan 3 · 0⤊ 0⤋
no answer and no 1 will take risks like that
2006-08-13 04:57:55 · answer #8 · answered by I LOVE DYLAN 2 · 0⤊ 0⤋
KEEP TRYING ALTHOUGH THE INTEREST COULD BE HIGH SO BE CAREFUL WITH THE INTEREST THAT IS WHAT COULD KILL YOU
BECAUSE IF THE INTEREST IN HIGH YOU WILL FINISH PAYING IN A LONG TIME
2006-08-15 03:34:45 · answer #9 · answered by juanita2_2000 7 · 0⤊ 0⤋
do research and c for urself
2006-08-15 16:20:55 · answer #10 · answered by fourlines9 2 · 0⤊ 0⤋