My husband just recently lost his job and we are having some money problems..... now we dont have good credit.... so does any one have any ideas on where to get a small loan with bad credit
2007-08-28 12:21:28 · 8 answers · asked by Muah!!! 2 in Business & Finance ➔ Personal Finance
I would not recommend getting a loan to pay existing bills, all you end up doing is increasing what you owe.
2007-08-28 12:33:20 · answer #1 · answered by bender_xr217 7 · 1⤊ 0⤋
Don't get a loan. That will just exacerbate the situation. You should definitely collect unemployment. Also, call the creditors that you do have and explain the situation - they are normally willing to work with you. I also recommend a debt agency such as CCCS - they will coordinate with you creditors and in most instances the interest rate is lowered so that you can pay more on the principal.
2007-08-28 19:29:33 · answer #2 · answered by Country Boy 5 · 2⤊ 0⤋
Good luck on your loan search...
Beware of Advance fee Loan scams.
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.
2007-08-28 19:41:05 · answer #3 · answered by John Loves Jenn 4 · 0⤊ 0⤋
You don't need a loan .if you are willing to share you can have debit free capitol with in 90 days .
try this website www.cmimaster.com go to the left of the screen and click the arrow then go to #2 .
If this isn't what you need try www.cmiubp.com and go to the
bottom of the page for the presentation . this company is about giving everyday families financial freedom , It doesn't
matter wheather you have a job or not . Concept Marketing
International is a New Economic Reality.
2007-08-28 19:48:46 · answer #4 · answered by cheryl h 1 · 0⤊ 1⤋
A loan will just put you further in debt. Hubby needs to concentrate on finding another job and you both need to cut way back on your spending.
Go over your budget carefully and get rid of everything extra -- eating out, cell phone, premium cable and internet, etc.
Figure out ways to bring in some cash -- garage sale, collect alum cans. But forget about those online opportunities. They're scams.
2007-08-28 19:40:04 · answer #5 · answered by bdancer222 7 · 1⤊ 0⤋
Hon, if you are having problems with finances, go here first:
http://www.daveramsey.com
He will help. He wants NO money, only hard work, and getting rid of credit cards and all debt. It can't hurt to find out what they have to say, right?
Don't get another loan if hubby is out of work. How are you going to pay for it? It will only get you further into debt, hon. Try the site. I think you can find some really good ideas to help you and your family out of this without going further into debt.
2007-08-28 19:29:31 · answer #6 · answered by Anonymous · 2⤊ 0⤋
both of you look for part time jobs (even if it is a 2nd job for you) - borrowing money won't help - and you probably wouldn't be able to with H out of work
2007-08-28 20:53:12 · answer #7 · answered by Anonymous · 0⤊ 0⤋
no get hubby back to work -- start when off as busboy and let him start up the career laddere again!!!
2007-09-01 17:35:49 · answer #8 · answered by mister ed 7 · 0⤊ 0⤋