I need to get an engine for my car asap or at least another car. My credit is far from being good. Is there anywhere I can go for a loan? I dont have any money saved but need it asap!! Please help!!
2007-08-06 10:57:45 · 8 answers · asked by Anonymous in Business & Finance ➔ Credit
that sucks if you do get approved the interest will be high! have you tried looking in a junk yard for an engine? they have cheap ones there and it'll keep u going until you can save up some money
2007-08-06 11:06:10 · answer #1 · answered by Wondering Mind 5 · 0⤊ 0⤋
Today the lenders have started offering nearly all varieties of loans for people with poor credit record.They are also introducing many new loan products meant for this group. Now people with poor credit can get the same choices as those with the good or mediocre credit. Today you can use bad credit personal loans for many purposes like car purchase, vacation or even debt consolidation.
But if you have some assets to offer as collateral, your chances brighten. The primary reason why people with poor credit history do not get loans is because the lenders are scared that the borrowers will default again. But if you can offer collateral, your lender is secure in the knowledge that his money is in safe hands. You have to try and meet the repayment schedule, failing which you lose the asset.
2007-08-06 21:24:47 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Our Easy Auto Loan Program allows people with credit problems to apply for a loan in the privacy of their own home. Now these consumers will not have to be subject to slow service and the embarrassment of discussing their credit issues with strangers when they go to an auto dealer.Through our program, the buyer simply completes a short application online and within 24 hours, they will know if they were approved.They will be notified both by phone and email as to the status of their application.
Once the loan is approved, a packet containing a check in the amount of the loan is sent overnight by Federal Express. Once the borrower has received the check, and supplied necessary documents for address verification and proof of insurance, they are ready to go car shopping! This process gives the buyer the power to negotiate because they already have the funds and don't have to wait to be approved for financing. The program serves buyers with credit scores ranging from 475-620 with interest rates from 10-19 %. Typically, people with credit scores in these ranges pay much higher interest for auto loans so the buyer saves money by going through this program to obtain their financing.
If you want more info go to my website at:www.vrtmg.com/kricks
2007-08-06 11:56:19 · answer #3 · answered by Anonymous · 0⤊ 0⤋
If your credit score is less than prefect a co-signer can be a solution to your problem. Depending on the lending institution as long as you have a credit score and a job you'll be able to get a loan for an unsecured line of credit or a peronal loan with a co-signer. Keep in mind the co-signer will have to have good credit. If you need to buy a car I would suggest a credit union becuase they offer the best rates. A co-signer will also be needed in most cases.
2007-08-06 11:47:11 · answer #4 · answered by Dario G 2 · 0⤊ 0⤋
There are plenty of places that offer loans for people with bad credit with no-hassle applications and easy requirements.
Some of these lenders even offer 1 minute approvals, and have both secured and unsecured loans, depending on your need and situation. Check the page listed below, it has information and bad credit lenders listed off and on.
http://www.axalda.info/bad-credit-loans.html
2007-08-10 01:15:52 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Seriously, I am a financial counselor and I must tell you that...You need Dave Ramsey's Financial Peace University.
I receive no material gain for promoting this program. I do receive a great sense of joy from sharing this wisdom with others.
You can't get out of debt by taking on new debt. You must change your behaviors and your relationship with money. It's the only way.
I took Financial Peace University and learned a great deal about my bad financial habits. I hope it will do the same for you.
2007-08-08 14:46:47 · answer #6 · answered by TruthSeeker 3 · 0⤊ 0⤋
If your credit isn't absolutely horrible, the dealer might be able to get you financed on a decent used car. You'll pay high interest though.
2007-08-06 11:57:17 · answer #7 · answered by Judy 7 · 0⤊ 0⤋
what you need to do is find a secondary car dealership in your area its not a guarantee that you will get the loan but it is one of your best and only option considering your circumstances. know now though that the terms and conditions of these loans are normally subpar.
2007-08-06 11:08:30 · answer #8 · answered by Anonymous · 0⤊ 0⤋
https://ilp.fbdel.com/
They helped me out of a jam and my credit is far from good as well... hope you get what you need.
2007-08-06 11:16:39 · answer #9 · answered by Rebecca 2 · 0⤊ 0⤋