Its for a small business venture. It would allow me to pay off debt in short time even at high interest rate. (Or am I just dreaming? Actually hoping to find someone with enough "pocket change" that they wouldn't miss the money for about five years and wouldn't mind extra cash in the end with the interest.)
2006-10-23 14:56:20 · 7 answers · asked by DazedN'Confuzed 2 in Business & Finance ➔ Investing
You can't get this high of a loan with bad credit unless you have someone co-sign the loan with good credit.
2006-10-23 14:58:47 · answer #1 · answered by Anonymous · 0⤊ 0⤋
You start with a loan for $50, then $500, and then $5000 to get that credit rating boosted to be worthy of such a high loan amount. If you have bad credit, it's because in the past you have not honored your debts on time. What makes things have changed now? Don't give up your dream but tweak it to fit reality and you'll be able to achieve it. Small business ventures requiring $500K is not a small business venture. Might I suggest a business plan and investors / partners??? Make darn sure what you think is a sure thing is a sure thing. Many businesses in bankruptcy bet money on their businesses being winners. They were wrong.
2006-10-23 23:58:27 · answer #2 · answered by Anonymous · 0⤊ 0⤋
500k for a small business doesn't make sense. Most businesses can be started with a few thousand dollars. Unless your doing something thats techincal and complex you don't need that much money. Most people over value business ventures. They want to do everything perfect from the start. This can't be done, do as much as you with the money you have. Prove to someone that some will paid money for something you have, then the money will flow.
2006-10-23 15:10:43 · answer #3 · answered by Ilya L 1 · 0⤊ 0⤋
Bad credit is one of the worst problems to have... however there exists a solution.
I will hereby talk from my personal experience.
I did debt consolidation a couple of years ago, however If I had to do it again I would pay to some minor details,
if someone wants to get out of debt today it is pretty easy with a debt consolidation plan, however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,
a good place to start in my humble opinion is astraight to the point ebook with question and answer I found :
http://umgarticles.atspace.com/debt-consolidation.htm
if it helps kindly remember me in your voting!.. cheers!
2006-10-27 00:17:26 · answer #4 · answered by Anonymous · 0⤊ 0⤋
I recommend Tony "Kneecaps" Valentino
2006-10-23 15:10:11 · answer #5 · answered by epressman617 3 · 0⤊ 0⤋
You are just dreaming
2006-10-23 14:59:34 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Yay! Me Too!
2006-10-23 15:04:39 · answer #7 · answered by KO 3 · 0⤊ 0⤋
try this! http://www.jdoqocy.com/click-2059927-10393223
2006-10-25 05:14:37 · answer #8 · answered by Anonymous · 0⤊ 0⤋