My debt to income is low and I have a 700+ Fico. I plan on using it for car repairs and a few other expenses....
Will the amount they lend be based on ther purpose as well or should I state that I'm using it for something else in order to get the funds I need?
2006-12-27 20:06:26 · 4 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
Part of the loan is going to an auto accident that I caused, so I really don't have a choice. I pay or I go down !
2006-12-28 02:02:48 · update #1
an unsecured loan is usually a high interest rate loan. and do you think that spending $12k on car repairs is wise?
if you do indeed have a 700+ FICO rating you didn't get it by making stupid decisions with money. heck $12k can almost buy a new car granted not a fancy one, but i won't need repair, and at least the interest will be about half the unsecured rate and you have a working vehicle.
2006-12-27 22:55:22 · answer #1 · answered by mhp_wizo_93_418 7 · 0⤊ 0⤋
The best place to get an unsecured loan in Prosper - http://www,ProsperFiveStar.com - The Sturzstrom Funding Group can assist you in writing your loan proposal. All of their loans are in three year terms and the interest rates begin around 7.5%.
2006-12-27 23:52:12 · answer #2 · answered by Anonymous · 0⤊ 0⤋
My credit score is 726. I went to Prosper.com a few days ago and got funded for a $5,000 loan at 8.40%.
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2006-12-28 03:39:04 · answer #3 · answered by Blicka 4 · 0⤊ 0⤋
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2006-12-27 23:00:19 · answer #4 · answered by Anonymous · 0⤊ 0⤋