My credit is REALLY bad (it's between 300 and 400) and I really wanna get back up on my feet. Does anyone know of any kind of service BESIDES credit counseling (i've tried them and i blew a lot of money for them NOT to pay down my debt)? I'd like to get some sort of a loan and just make 1 monthly payment...I don't really have any collatorel (i think i misspelled that)? Can anyone help me out here? Thank you!
2006-08-22 07:24:25 · 9 answers · asked by proudmommyofharvie 1 in Business & Finance ➔ Credit
Consolidation is great - if you find a good company.
Good luck !
2006-08-22 12:37:35 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I've seen companies that give car loans but I've never seen any that give general loans. If you're in debt already, just what exactly do you want a loan for? That would just put you in more debt.
If you are trying to get a loan to pay off your debt, sometimes you can get what's called a consolidation loan where you just make on payment a month and get all your debt paid off. I'd try the bank you use for something like that. It's not the same as credit counseling.
2006-08-22 07:58:45 · answer #2 · answered by theblackenedphoenix 4 · 1⤊ 0⤋
Have you tried just calling up your CC's and telling them you need to set up a plan? One loan would be easier, but you can generally get LOTS of help directly from your Credit card. Tell them, "Hey, I'm having lots of trouble. I can only pay $50 per month. Can you credit me the late fees or cut my apr or anything? I dont want to declare bankrupcy."
This is a nice incentive... they want their money! I had a CC that credited me a $35 late fee and a $38 overlimit fee, PLUS cut my APR by more than half, and all I had to do was pay $75 a month. Basically they were crediting me DOUBLE my payments.
IF you dont have luck, try calling back and getting a different customer service person. Some are more helpful than others.
2006-08-22 10:23:57 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I found a solution that worked for me. It might work for you too.
I had some pretty serious credit problems…some were not my fault and, I guess, a few were. I listened to the so-called “experts” who said they could fix my credit report and I spent money I didn’t have. I didn’t have any luck trying to get my credit report fixed.
I remember paying for the services that these Credit Repair Companies had to offer. The companies told me that they could have negative items removed from my credit reports without any problem, Yeah, right. This did not happen at all. Most of the companies wanted to charge me a set up fee anywhere from $39 to $299 for their services. Not only did they charge this set up fee, most of them also wanted to charge me from $29 to $49 monthly while they “attempted” to repair my credit report. These companies offered no guarantee that their services would actually work and, believe me, they didn’t.
I was about ready to give up when I found a lady who had been through the same thing and who had found a solution. She figured out how get all the negative items removed from her credit report within 3 months without paying anyone a penny. She developed a fast, easy, step-by-step process that she guarantees will work for everyone. She sells the complete plan with all the help and instructions for $47.00.
I know what you are thinking…”another $47 down the drain,” and that’s kind of what I was thinking too. But, I figured that since she offers a 100% money back guarantee I had nothing to lose.
Well, I tried it and it was amazing. I got all of the negative items removed from my credit report and my credit score went from 553 to 715 in only 3 months. All I can say is that it worked great for me. I suggest you check it out. You can always get your money back if it doesn’t work for you. If it works even half as well for you as it did for me you will never even think about asking for a refund.
The information is on this site: http://clean-credit-secrets.com/
2006-08-23 06:00:29 · answer #4 · answered by Anonymous · 0⤊ 0⤋
You will be able to get secured Visa or MasterCard , you simply send them cash and they send you a card with the same amount as your spending limit.This will allow you to start building some positive results on your report.
2006-08-22 07:38:39 · answer #5 · answered by nature4me 3 · 0⤊ 0⤋
If you own your own home... try a loan to value from the bank.
2006-08-22 07:33:08 · answer #6 · answered by MadMaxx 5 · 0⤊ 0⤋
yes they'll give you loans.. why do you think there's so many poor people still in this country?
2006-08-22 09:34:45 · answer #7 · answered by kvuo 4 · 0⤊ 0⤋
Any of these help?
http://personal-wealth.blogspot.com/......
http://www.quazen.com/Home/Personal-Finance/Managing-your-Debts,-a-common-sense-approach.525
2006-08-22 07:33:40 · answer #8 · answered by welsh_witch_sally 5 · 0⤊ 0⤋
I wish I could, please Im me if you find the right answer, I am in the same boat. Thanks.......good luck and blessed be.
2006-08-22 07:31:50 · answer #9 · answered by shy&gental 4 · 0⤊ 0⤋