is it better if they are close to me?
how fast can i get money using a private lender?
2007-09-13 05:47:10 · 3 answers · asked by Aaron B 1 in Business & Finance ➔ Personal Finance
i dont care how bad of a deal it is, i am going to be able to pay it off in full on Oct. 4th
2007-09-13 05:57:47 · update #1
The only private lenders for people with bad credit are usually pay day loans which are generally very bad deals.
Firms that do bad credit/no collateral term loans do not exist.
2007-09-13 05:53:32 · answer #1 · answered by Wayne Z 7 · 0⤊ 0⤋
You can literally clear off all your existing debt with the help of a bad credit debt consolidation loan. Additionally, a poor credit debt consolidation loan offers a "light at the end of the tunnel" for repaying debt faster, as well as consolidating all bills into one smaller monthly payment. In the absence of collateral, bad credit debt consolidation loans can be offered but at slightly higher interest rates, still after calculating your previous interest rates, lenders will surely offer a comparatively lower interest rate. For the best advice I recommend you get yourself an IVA, try http://www.debtfree.co.uk you can also take a look at: http://www.insightempire.com/badcredit.htm for resource links pertaining private money lenders
2007-09-15 15:58:18 · answer #2 · answered by Anonymous · 0⤊ 0⤋
If you can prove that you will have the money in the next few weeks then any bank will give you a short term loan.
2007-09-13 05:59:02 · answer #3 · answered by Anonymous · 0⤊ 0⤋