looking for a personnal loan and i have bad credit is this possible??
2006-09-21 01:44:08 · 9 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
You could rob a bank...would be best if you robbed the bank that recently denied you the loan. Wouldn't that just be a kick in their mouth.
Quick way to get lots of money.
2006-09-21 01:46:09 · answer #1 · answered by Anonymous · 0⤊ 0⤋
It is a lot easier than people think to get an unsecured loan even with a bad credit history. The downside is that you usually end up paying a higher interest rate but if you do it sensibly you can use your bad credit loan to improve your credit rating. See http://bad-credit.loan-information-center.com/Articles/Bad_Credit_Loans_if_You_Did_not_Know_Bad_Credit_Could_be_Rescued.php for more details.
2006-09-22 12:07:28 · answer #2 · answered by I Sleep Easy 2 · 0⤊ 0⤋
It can be done, however you can unfortunately expect to get some pretty high interest rates. I had personal loans from a place called Citi Financial, which they would secure based on assets that you own, like your car, your TV, your furniture, etc. Anything that you have of any value can be used as collateral to allow you to get a personal loan with some places. Good luck!
~Kyle
2006-09-21 08:46:59 · answer #3 · answered by Kyleontheweb 5 · 0⤊ 0⤋
NO! You don't get any. Get a job and pay back the bad credit. Work like the rest of us!
2006-09-21 08:51:41 · answer #4 · answered by Goldfinger 2 · 0⤊ 0⤋
it is possible...but you will have high interest
you will probably need collateral too
such as a car etc.... thats paid for and has enough value to cover the loan
2006-09-21 08:54:50 · answer #5 · answered by Enigma 6 · 0⤊ 0⤋
NOTR A OPERSONAL LOAN CAUSE YOUR PREVIOUS ACTIONS HAVE SHOWN YOU DO NOT DESERVE CREDIT AND MOST LIKELY WILL CONTINUE TO BE THE SAME DEADBEAT . WOULD YOU LEND A PERSON LIKE YOU WITH WRECKED CREDIT $100.00 EVENN ? THERE IS YOUR ANSWER .
2006-09-22 13:04:34 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Yes, from someone who has pity on you, and who doesn't require collateral. No lending institution will lend you money with bad credit.
2006-09-21 08:46:51 · answer #7 · answered by WC 7 · 0⤊ 0⤋
I don't think its possible. I've tried countless times.
2006-09-21 08:51:54 · answer #8 · answered by Crystal C 2 · 0⤊ 0⤋
There may be something of use here.
2006-09-21 14:57:41 · answer #9 · answered by Anonymous · 0⤊ 0⤋