2007-01-31 00:25:11 · 9 answers · asked by BTH L 2 in Business & Finance ➔ Personal Finance
Absolutely no way a lender can make that work without some sort of collateral. You don't own your home? Unless you're buying a home and that's why you need the loan it won't happen, and they're not going o give you cash either way. If you have a business plan you need to bust your a** to sell the plan to some sponsors or investors who can assist you in getting the plan off of the ground. If you can't make wise decisions with small amounts of money, no one is going to give you such a large sum. I would pursue investors or the lottery.
2007-01-31 00:47:19 · answer #1 · answered by Cynthia S 4 · 0⤊ 0⤋
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RE :I have bad credit, no job, and no collateral and need to borrow $50,000 cash. How can I do it?
Follow 7 answers
2016-11-12 17:40:32 · answer #2 · answered by ? 6 · 0⤊ 0⤋
Frankly, you would never want to do it. Why would you need such a loan? If you need medical coverage, you can go to the emergency room like everyone else that has no health insurance.
You have no means for repayment of the loan. Any lender would clearly see that. The only option is getting a cosigner that would qualify outright on their own.
A loan shark would not lend you money based on what you have explained so far. They know they have no way of recovering their investment.
2007-01-31 01:26:24 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Get a job, establish credit, and then borrow the cash. Or you can get a ski mask, and a shotgun, and rob a bank. I'd opt for the former.
2007-01-31 00:28:56 · answer #4 · answered by Beau R 7 · 0⤊ 0⤋
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2016-12-16 17:35:16 · answer #5 · answered by ? 4 · 0⤊ 0⤋
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2007-01-31 01:45:34 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Go borrow from a loan shark and hope you can pay it back.
2007-01-31 01:00:03 · answer #7 · answered by parsonsel 6 · 0⤊ 0⤋
You'll need a co-signer with good credit
2007-01-31 00:28:54 · answer #8 · answered by freyas_kin28 6 · 0⤊ 0⤋
WOW...not sure how you can get that much money. Is it a bill you can pay on each month?
2007-01-31 00:29:15 · answer #9 · answered by julieg_68 3 · 0⤊ 0⤋
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2007-01-31 00:32:42 · answer #10 · answered by Nick C 3 · 0⤊ 0⤋