I asked this before, but no one really answered my question. If I have bad credit, but have been banking with the same small credit union for 2 years, do you think thye will give me a $2000 personal loan if I have collateral and a co-signer?
2006-10-16 02:47:32 · 6 answers · asked by lookinout 2 in Business & Finance ➔ Credit
it is up to the credit union standards but if your co signer has good credit you should be fine. collateral really isn't something most credit unions will need.
2006-10-16 04:02:39 · answer #1 · answered by bella_4624_19 4 · 0⤊ 0⤋
1
2016-09-28 16:21:57 · answer #2 · answered by ? 3 · 0⤊ 0⤋
yeah probably. If you have something of value that you can put against it, and someone to sign too... I definatly wouldn't see why not... Just call or go to the bank and ask. But they still may not give it to you. Just based on the fact that banks only have a certain ammount that they are willing to loan out. even if someone with outstanding credit were to walk in the bank and say I want a 1000 dollar loan or whatever, they still might say no. Because they may have already reached there lending limit. So just go and ask and see if they can and/or will.
2006-10-16 03:18:01 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Get a co-signger and you should be good credit unions are the best
2006-10-17 14:06:35 · answer #4 · answered by pattibcacl 6 · 0⤊ 0⤋
Your concepts relies upon upon what form of mortgage you elect. a personal mortgage (also widely used as a signature mortgage) holds no collateral, even as an vehicle mortgage does. The length of time for payback will be afflicted through this form of mortgage you elect besides. vehicle loans can in hardship-free words be prolonged for a particular era of time, searching on the motorized vehicle being offered and its predicted resale cost. actual, your ultimate option is to in hardship-free words purchase what you could manage to pay for to purchase outright. Banks are CROOKS. you could study all day lengthy, yet they can (and could) substitute words on you if it suits them. they can (and could) nickel and dime you for each little aspect. you're in hardship-free words incredibly on authentic of problems with your funds once you aren't to any extent further a slave to a economic corporation. strong success.
2016-10-16 05:10:11 · answer #5 · answered by Anonymous · 0⤊ 0⤋
We did this and they didn't even require collateral. We were the cosigners (still counts toward your credit score).
2006-10-16 03:22:42 · answer #6 · answered by GreeneyedCowgirl 5 · 0⤊ 0⤋