Me and my husband want to consolidate some of our debt and move into a cheaper place before I start my new job. We need to borrow $5000 and can pay a minimum of $500 per month back. Does anyone know of private lenders who can help? My credit score as to low for prosper.com.
2007-07-31 09:50:36 · 4 answers · asked by Adam R 1 in Business & Finance ➔ Personal Finance
If you can pay 500 a month start paying your old debts and raise your credit score.
2007-07-31 09:57:42 · answer #1 · answered by Anonymous · 1⤊ 0⤋
try prosper.com
Opt for a debt consolidation loan: The easiest method of getting a debt consolidation loan is to utilize the equity of your home. Equity of your home is calculated and determined by the difference in the amount you have paid and the amount you owe. If the amount you have paid is more than the amount due, you can use it as collateral. This allows you to borrow money on lower interest rates. Besides, you also get tax benefit on this type of loan. Consult your tax advisor before opting for this loan.
2007-08-01 00:51:17 · answer #2 · answered by jemmy t 2 · 0⤊ 0⤋
If you couldn't get funded through Prosper, you are probably SOL.
Any "private lenders" that respond to your question will be scammers.
2007-07-31 10:11:09 · answer #3 · answered by Wayne Z 7 · 0⤊ 0⤋
try cash call but the rates are high
2007-07-31 10:23:11 · answer #4 · answered by shorty21 5 · 0⤊ 0⤋