where can i get a loan from for $5000 with bad credit?

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.
http://pay-your-debts.com/category/Personal-Loan-With-Bad-Credit.html

2007-08-23 01:07:28 · answer #1 · answered by jemmy t 2 · 0⤊ 0⤋

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RE Where can i get a loan from for $5000 with bad credit?

#EANF#

2014-08-17 11:44:38 · answer #2 · answered by ? 1 · 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

2007-08-22 21:54:03 · answer #3 · answered by Anonymous · 0⤊ 0⤋

There aren't too many legitimate loan companies that you can use if you have bad credit. It may take some looking around. Just make sure you don't borrow money from a guy named Bruno....

2007-08-22 20:13:36 · answer #4 · answered by onedrin 4 · 0⤊ 0⤋

you can try prosper.com

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2007-08-22 20:04:14 · answer #5 · answered by John Loves Jenn 4 · 1⤊ 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

2007-08-22 21:31:23 · answer #6 · answered by Anonymous · 0⤊ 1⤋

A friend of mine who had a bankruptcy got $5,000 from Cash Call... but oh boy did he pay for it! REALLY HIGH INTEREST! But they are willing to lend to people with bad credit as long as you are willing to pay $10,000 back for the $5,000 you borrowed...

2007-08-22 20:05:42 · answer #7 · answered by moonbeam 3 · 0⤊ 0⤋

Check out Prosper.com

2007-08-22 20:10:31 · answer #8 · answered by Gary 5 · 0⤊ 1⤋

a loan shark?
or pay day loans?
i wouldn't recommend either...
do you have any collateral? a car? a house?

2007-08-22 20:02:47 · answer #9 · answered by Ember Halo 6 · 0⤊ 1⤋

why don't you just work on improving your credit and save fo the item you want and chances are do not need!!!

2007-08-26 11:16:32 · answer #10 · answered by mister ed 7 · 0⤊ 0⤋

where can i get a loan from for $5000 with bad credit?

12 answers