2006-11-29 04:05:16 · 5 answers · asked by tatisha_e 1 in Business & Finance ➔ Credit
Most likely you'd only qualify for a secured loan, secured credit card or a very small credit line on a store card.
The first question you should be looking at is why your score is so low in the first place and remedy the situation. Addint another creditor will not help, but possibly hurt, your score.
2006-11-29 04:22:30 · answer #1 · answered by dougzinboston 4 · 0⤊ 0⤋
You will need to bring your score up a bit before you can apply for real credit, say about 600. In the meantime, partner with companies that don't check your credit but report to all 3 credit bureaus, so that you can build a good history. For example, look up Crown Jewelers on the internet. They usually extend a $1,500 credit line to just about anyone, as long as you buy a small item. You can also use your debit card at Target, they often will preapprove you based on your usage...not your credit score. Add 1 or 2 accounts like this and you'll be on your way.
2006-11-29 04:09:44 · answer #2 · answered by Kevin K 3 · 0⤊ 0⤋
Hard Money - 10 - 15% with minimum 30% equity in property to secure the loan.
Here is some additional info. Hope this helps.
2006-11-29 04:07:48 · answer #3 · answered by Anonymous · 0⤊ 1⤋
You just have to go to a bank or finance company and find out.
2006-12-02 17:57:04 · answer #4 · answered by luciousgreeneyedlady 5 · 0⤊ 0⤋
See your local loan shark for the best rates in town.
2006-11-29 04:10:57 · answer #5 · answered by Wyleeguy 3 · 0⤊ 2⤋