how can you get a loan? to fix credit?

Question

i have bad credit- a defaulted car loan from 6 years ago-they repo the car, but since last month i was paying on it for 2 years, and a couple of other items that i am paying for that are in collections

i want to try to get a loan, so i can just pay these off, and by having that loan, use it to establish good credit by paying it on time, withno late payments

does anyone know of loans i can try to get?

i don't care about the interest rate, i am in a better financial situation now, i just want to pay them off, and establish good credit, the rates don't matter, i can always refinance the loan at a later time

Answer 1

Avoid payday loans and try prosper or cashcall.com
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LOAN SCAM - Do Not Pay UpFront Fees.
Do not send money UpFront via Western Union or MoneyGram to any person
or business in the UK, Nigeria or Canada in hopes of getting a loan. If you do you will learn a hard lesson & never see any Loan money.

Answer 2

Even if you pay them off they will be on your record for 7 years from the last transaction. In other words instead of having to wait a year to get the repo off your credit you now have to wait 5

Answer 3

Bad idea to take out a loan to fix bad credit. The interest rate will be high.

Instead work on paying it all off yourself. Make a strict budget. Eliminate all the extras -- eating out, new clothes, cell phone, etc. Put every penny you can squeeze out of the budget on the highest interest rate debt, while paying the minimum on the rest. When the highest interest rate debt is paid off, move to the next one till they are all paid in full.

You should be able to do it within 2 or 3 years.