2007-08-17 14:52:29 · 15 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
nope.. there isnt... sorry....
2007-08-21 12:45:22 · answer #1 · answered by I Can Count To Potato 7 · 0⤊ 0⤋
1
2016-09-27 23:58:44 · answer #2 · answered by ? 3 · 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.
2007-08-17 23:00:29 · answer #3 · answered by biskio 2 · 0⤊ 0⤋
If your credit is terrible, you'd be much better off to get it cleaned up some that even think about looking for another loan. When people give loans, they look for evidence that you can and will repay the loan - if your credit is terrible, they aren't likely to believe that.
2007-08-17 15:00:56 · answer #4 · answered by Judy 7 · 1⤊ 0⤋
People with poor credit feel that it is difficult to get personal loans. However, there are many financial companies and banks that provide loans to bad credit applicants. Bad credit personal loans are generally soughtThe interest rates on secured loans are lower than unsecured loans. However, there is always the risk of losing your house or property if the loan is not repaid.
2007-08-18 14:13:12 · answer #5 · answered by Anonymous · 0⤊ 1⤋
This is not a good thing to do. I'm sure you will find someone who would do this but the interest they will charge will be so outrageous that you will wonder what you were thinking when you were considering this and you will be paying more for the interest than the actual loan. People have been caught up in these things for years. Are you sure you want to do this?
2007-08-17 15:01:49 · answer #6 · answered by Simmi 7 · 0⤊ 0⤋
Try to find a co-signer with good credit. Look for Finance Companies as opposed to banks. They are a little more lenient on giving credit. Put a letter in your credit file explaining why your credit is bad,ie. divorce, loss of job, sickness, etc. Good Luck!
2007-08-17 15:02:30 · answer #7 · answered by wundawoman 2 · 0⤊ 0⤋
There is a great place to go with this. I was in a very similar situation.
This is getting help from real people without the use of banks or credit card companies. Good Luck!
http://www.prosper.com/join/lzc5wh
2007-08-20 04:46:22 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Hellow Friend,
Your loan fighting is ends here. You can get all type of loans.All the world financial institution are ready to provide the loan for you. See the below website to end your loan requirement.
2007-08-17 22:48:46 · answer #9 · answered by ramya j 1 · 0⤊ 1⤋
you can try prosper.com
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2007-08-17 15:51:27 · answer #10 · answered by John Loves Jenn 4 · 0⤊ 0⤋
sorry only thing left to do is really downsize -- save as money as you can -- continue to pay bills and try to get a something that you can use for security to get a secure loan -- and start the slow climb to building up your credit again!!!
2007-08-21 07:39:42 · answer #11 · answered by Anonymous · 0⤊ 0⤋