I need a personal loan to put my son in daycare and return to work. I had just started my job when i was in a car accident, hit by a bus. So I only have one pay stub from my work but it dates back to October, when I had my accident.I have been recoverying, I am still employed, but need a loan till my next payday on Jan 15th.I will be returning to work the day after Christmas. I am also self-employed,and have bank statements proving I bring in an income. How and where is the best place to get a personal loan? FAST
2006-12-20 14:19:28 · 4 answers · asked by mouse 1 in Business & Finance ➔ Personal Finance
Do you own your home? You could borrow off the equity in your home. Other than that, if you have bad credit history, I have doubts you will find much of a loan or if you did, the interest rate would be very high.
2006-12-20 14:23:19 · answer #1 · answered by Geoff S 6 · 0⤊ 0⤋
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2016-09-28 08:17:32 · answer #2 · answered by Earlene 3 · 0⤊ 0⤋
If you could borrow money from someome you could get a pre-paid credit card. But there is another way, although I don't recommend it because of exhorbitant interest, Cash Advance, Money-Mart, etc., will advance you credit using you pay cheque. But then again, you are self employed. Why not try the bank loan against your assets?
2006-12-20 14:27:14 · answer #3 · answered by persnicady 3 · 0⤊ 0⤋
There are many lenders out there who prey on bad or risky credit. The worst by far is AmeriCredit. the interest rates are as high as 23%, and you pay more on interest than you pay for the car.
2016-05-23 03:16:21 · answer #4 · answered by ? 4 · 0⤊ 0⤋