I needed my transmission fixed. It'll cost 2K. Where can I go to secure the funds ASAP? Credit's not so hot

Answer 1

Is your vehicle worth putting that much into repairs?

Perhaps you should park the vehicle. Get a second job. Make a strict budget and save up till you have the cash to get the repairs done.

Bad credit means only very high interest rate loans are available.

Answer 2

People-to-People Lending. It's an old idea that's new again.

People who need money request it, and other people bid for the privilege of lending it to them. Prosper makes sure everything is safe, fair and easy.

Until now, financial institutions have controlled who is able to obtain credit and the rates people pay, over time, this one-sided control has bred inefficiencies and excessive margins – leading to higher rates for borrowers, and restricting people who have money to lend from entering and generating income from this vital and lucrative market.

Prosper gives people the opportunity to take back the marketplace for consumer credit, Prosper aims to make consumer lending more financially and socially rewarding for everyone by letting the borrowers set the maximum rate they are willing to pay a lender, which prevents the loan from being funded at a rate higher than the borrower wants to pay.


http://www.prosper.com/join/GlobalFundingSource

Answer 3

might be easier and cheaper to buy a used trans......you didn't indicate the kind of transmission it is?
Banks generally won't lend money on that type of purchase..but those smaller finance companys will...just expect higher interest...and if you can pay out early do so...plus it will help your credit.

Answer 4

You can buy a whole car with $2,000.00