I have bad credit and want to get a loan to consolidate all my bills into one. I do not own a home and my car isen't worth a thing!
2006-12-05 15:12:34 · 14 answers · asked by jodie_the_superstar 2 in Business & Finance ➔ Personal Finance
Try a local credit union. Credit Unions were started on "People helping people."
Most people think their credit is worst than it really is. So try a local bank or Credit Union and try and see if they can work with you. It may not be for the full amount by it might lighten some of the load.
2006-12-05 15:18:11 · answer #1 · answered by crazy_in_lov 2 · 0⤊ 0⤋
Just not going to happen with out paying SERIOUS interest to some loan-sharking company... sorry.
You are a clear credit risk, know that.
You should also know about and educate yourself on your credit score, called FICO here in America.
It may be boring stuff, but EVERYONE uses it.... EVERYONE, even employers looking for employees.
Bad credit sucks, think of it as a criminal rap-sheet minus the crime.
You can get free credit reports, just make sure and CANCEL the trial membership.
KNOW YOUR FICO SCORE, AND KEEP TABS ON IT, ALWAYS!
http://www.freecreditreport.com/Default.aspx?SiteVersionID=418&SiteID=100133&sc=643200&bcd=gg01b&WT.srch=1
Also, check out any book by Suze Orman for credit and debt help... she's the very best in the business.
2006-12-05 23:26:36 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Getting a loan to consolidate your bills really isn't the smartest thing to do.
However, to get a loan with bad credit try going to a bank and finding a GREAT underwriter. If you find a great underwriter, it won't matter how bad your credit.
2006-12-05 23:14:39 · answer #3 · answered by FaZizzle 7 · 0⤊ 0⤋
Your problem isn't your payments, it's your lifestyle. You spend more than you earn. You can't borrow your way out of debt.
1. List all of your credit cards from smallest balance to largest
2. Make minimum payments on all of them, except the smallest.
3. Sell everything you own, get a second job, eat beans and
rice every night, and throw every extra penny you have at
the smallest debt.
4. When the first one is gone, use that payment towards the second one, and so on.
5. Pay cash for everything and never borrow money again.
2006-12-05 23:20:46 · answer #4 · answered by normobrian 6 · 1⤊ 0⤋
Gonna be a problem. Without a good credit history, an unsecured credit line will be a tough row to hoe. But talk to your bank and see what can be done.
2006-12-05 23:14:31 · answer #5 · answered by Anonymous · 0⤊ 0⤋
That doesn't even make sense. You have bad credit so you want more credit??? Go to CCCS and let them help you pay off your loans, then stop living on credit.
2006-12-05 23:19:52 · answer #6 · answered by Kacky 7 · 0⤊ 0⤋
Try a loan shark or sell a major organ for the money.
2006-12-05 23:14:24 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Ask for Vinny. He eats in the private back room of the restaurant.
2006-12-05 23:15:21 · answer #8 · answered by Papa John 6 · 0⤊ 0⤋
Do what Anna Nicole Smith did.
2006-12-05 23:14:14 · answer #9 · answered by JM 2 · 0⤊ 0⤋
sharkey's on the corner - 50% insterest
2006-12-05 23:14:08 · answer #10 · answered by tomkat1528 5 · 0⤊ 0⤋