i am trying to pay off some unfortunate bills, but i was young and stupid once so my credit is a little shakey. Is there any place that you know of to get a loan with bad credit.
2006-10-03 09:33:55 · 4 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
First thing you do is call your bank and make an appointment with a loan officer. They can pull up your credit report and see that you are NOW trying to pay off the bills. They may start you off with a small loan, or may ask for a co-signer or collateral. All they can do is say yes or no. You will never get a yes if you don't ask.
2006-10-03 09:37:53 · answer #1 · answered by jboatright57 5 · 0⤊ 0⤋
Yes, it is still posible to get a student loan with bad credit.
You can even get approved if you have a bankruptcy record on your credit history. I had a bad credit when I was a college student and I was still able to obtain the college loan.
When you are trying to apply for fast student loans and bad credit history is the problem that prevents you from being approved, you will need to start from identifying the loans that you have a chance of getting.
You will need to look for bad credit loans specifically. You can start from applying for a fast bad credit student personal loan from regular banks and other financing institutions. You can also consider applying for a settlement loan or a consolidate debt loan.
Your goal is to determine if you can get approved, make sure that you can make a payment each month to service the debt and submit a loan online application.
Another type of loan you should consider when you are applying for fast student loans and bad credit history is one of your problems is the fast alternative student loan for bad credit cases.
One example of this type of loan would be the fast private loan for a student with bad credit that should be available in your state (California private fast loan, for example). Here you will apply for a loan with private financing organizations instead of the local banks.
2006-10-05 07:09:37 · answer #2 · answered by izdaleka 2 · 0⤊ 0⤋
If you have collateral to put up, a bank will give you a loan. If you have a co-signer with collateral, you can get a loan.
Bad credit + no collateral = no loan.
2006-10-03 09:38:02 · answer #3 · answered by regerugged 7 · 0⤊ 0⤋
Lots of info here.
2006-10-05 23:26:03 · answer #4 · answered by Anonymous · 0⤊ 0⤋