I desperatly need an unsecure loan, asap, but i have really bad credit rating, what can i do?
Any one knw who will give me a loan and not worry about credit rating?
Please let me knw
2006-10-02 05:27:36 · 6 answers · asked by GeorgieP 4 in Business & Finance ➔ Personal Finance
Payday loan places might, if you have a job and other requirements, but this will be a small amount and the interest rates are ASTRONOMICAL. Be very very careful at these places. It's called "predatory lending" - they are preying on you as an easy victim because of bad credit. Make SURE you will be able to pay it back on time because your financial and legal options are all signed away by you when you get the loan.
Tread carefully and good luck.
2006-10-02 05:30:38 · answer #1 · answered by LisaT 5 · 1⤊ 0⤋
Search for alternate solutions and see if you can tap the solidarity network.
Because anybody you don't know personally (and some you do) who's willing to grant an unsecured loan to a person with a bad rating, unless the sum is really trivial, is all too likely to be a loan shark. You may get your loan, at punitive conditions that come under the definition of usury, and if you default, you may discover that strong armed collection tactics are not just in the Sopranos.
2006-10-02 05:41:06 · answer #2 · answered by Svartalf 6 · 0⤊ 0⤋
sorry to say that if your credit is under 600 now in days you cant get a unsecured loan from any bank out there.
You will need to secure it or get a co-signer.
2006-10-02 05:30:08 · answer #3 · answered by twism 3 · 0⤊ 0⤋
i keep saying these 2 points
1 no-one will lend to you with a bad credit rating unless its secured.
2 people lending unsecured want good credit ratings
technically the same point, but so important to this question, its worth mentioning twice. if you cant do it secured, i dont think you gonna get much joy. you could try rebuilding your credit score with a pre-pay credit card, it worked for me
2006-10-02 06:06:45 · answer #4 · answered by alatoruk 5 · 0⤊ 0⤋
search the web for unsecured loans
2006-10-02 05:29:11 · answer #5 · answered by Anonymous · 0⤊ 1⤋
It depends on how big the loan is. There are loan sharks that will extend credit, but you will pay for it dearly.
2006-10-02 05:29:45 · answer #6 · answered by Anonymous · 0⤊ 1⤋
If u are in the UK u could try Provident or Greenwoods , i know they do cash loans but unsure of T&C`s
2006-10-02 23:31:48 · answer #7 · answered by Anonymous · 0⤊ 0⤋
You need some kind of asset I think not sure, but you need to proof to them that you can pay off your debt. Look up the internet good luck
2006-10-02 05:36:35 · answer #8 · answered by nicecupofteanicecupofcoffee 2 · 0⤊ 0⤋
try beneficial or providian. they do small loans for people with bad credit.
2006-10-02 06:34:36 · answer #9 · answered by bella_4624_19 4 · 0⤊ 0⤋