2006-09-28 05:20:56 · 8 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
You can get a personal loan but if you have bad credit you would need to put collaterail down such as a car, if you are a homeowner you could use the home equity in your house. I would review the credit report first, by law you are allowing one free credit report per year from all 3 credit bureaus, and they all have information as to how to fix your credit.
2006-09-28 05:29:20 · answer #1 · answered by confusedpatricia 2 · 0⤊ 0⤋
You have a lot to learn about credit. Try talking to someone like Consumer Credit Counselors. You dont get money to fix bad, that only worsens your situation.
Learn to manage and control your debt. There is no quick solution, it may take you a year or more to pay off what you owe. But don't let that scare you, keep going. Good Luck
2006-09-28 06:57:10 · answer #2 · answered by Julie 3 · 0⤊ 0⤋
In one word you have to WORK. Having been through this I can tell you that the only way out of debt is to pay it off (one bill at a time if needed.) Make a payment arrangement with one creditor and pay off that bill then go to the next. Just do this and in 2-3 years your credit will get better.
You also need to get a hold on two things: your income and your spending. Since your income is not likely to change, you will need to change how you spend. Get rid of all of your credit cards if you still have any, and I mean ALL of them. Pay cash or go without.
If you have the time get a second job in your household, or a third. Just a few extra dollars a week help tremendously.
2006-09-28 06:01:09 · answer #3 · answered by my_iq_135 5 · 0⤊ 0⤋
Money is an egosit and self respected . It wouldnt arrive the egosits who make bad credits. One who honours money will not make bad credits. First you learn to respect money. Then try with open mind. Dont place conditions.
2006-09-28 06:13:14 · answer #4 · answered by chittoor .yes.Murugeshan 2 · 0⤊ 0⤋
you wont like this answer but here it is : live below your means and save. I had the same problem but I realized that I didn't need what everyone else had. As long as you have food and a place to live you are doing a lot better than most.
2006-09-28 05:29:03 · answer #5 · answered by only p 6 · 0⤊ 0⤋
It doesn't matter how much money you make. We need to have better knowledge of how to finance and invest your money. Saving is one of the important factor
2006-09-28 05:58:27 · answer #6 · answered by getsmart456 2 · 0⤊ 0⤋
TRY WORKING 2 JOBS AND PAYING YOUR BILLS FOR A START .
2006-09-28 06:39:42 · answer #7 · answered by Anonymous · 0⤊ 0⤋
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2006-09-28 05:30:29 · answer #8 · answered by lita 5 · 0⤊ 0⤋