I was wondering if there was such a thing as a 10k personal loan that I could get. I have 2 mortgages on my house so I dont think I could tie it to that. I am living paycheck to paycheck and just want a bit of security, and dont want to be ripped off. Any suggestions?
2007-07-12 12:44:42 · 0 answers · asked by Sister Ray 2 in Business & Finance ➔ Personal Finance
I appriciate the first answer to live below my means, but that was not the question that was asked, and I respectfully request that you consider that I may be dealing with a situation that is not ideal. Yes the best thing to do would have been to lived below my means for the past couple of years so I could keep my house after the tragedy, but I didnt, andf now I am faced with a situation where I need a band aid to get me through the tough times ahead. Again, I suggest, respectfully, that if you do not have an answer to the question asked that you simply not answer
thank you
2007-07-12 13:09:15 · update #1
There are literally thousands of companies that would make you an unsecured personal loan. The problem is the interest rate. It will be much higher than your current mortgage rates. Just search "unsecured personal loans" and you will see all the choices. Start with banks you have heard of and check their rates. Another option might be a home equity loan, if you have equity available. These loans often have much lower rates than personal loans. One more option might be prosper.com I have no experience with this service, but am planning to look into it, as a lender.
2007-07-12 13:30:19 · answer #1 · answered by oakhill 6 · 1⤊ 0⤋
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2016-09-27 23:16:46 · answer #2 · answered by Hector 3 · 0⤊ 0⤋
I know CitiFinancial does 10k personal loans that are unsecured. You may also be able to refinance your home and consolidate into one mortgage. It's according to how much you owe on your home. Last time I heard they will go at 100 percent loan to value. (ie your home is worth 100k they will lend you 100k) Maybe you could consolidate some of your debt into your mortgage, and then you would have fewer bills to pay and be without having to pay two mortgages. You could always call a local office in your area and see what they can offer you.
2007-07-12 14:58:04 · answer #3 · answered by Anonymous · 0⤊ 0⤋
There are, I have seen one man get a million dollar signature loan. The lender was going to use his properties as collateral but each property wasn't worth enough so they would have had to do the paperwork on too many. So they offered him a signature loan. He wanted to develop some real estate so took the loan.
I think you need to start living below your means and save a emergency fund since you don't seem to have any net worth.
2007-07-12 13:02:54 · answer #4 · answered by shipwreck 7 · 0⤊ 1⤋
I guess the best is a credit card or a credit line. Maybe your bank/credit union ? If not, try majors (citi financial, Chase, etc.)
Good luck !
2007-07-12 13:25:59 · answer #5 · answered by Jimmy John 3 · 0⤊ 0⤋
You raise some good points in your question.
2016-08-24 08:28:23 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Not totally sure about this
2016-07-29 09:26:47 · answer #7 · answered by ? 3 · 0⤊ 0⤋