It is really hard to get a loan because i have bad credit. does anyone know of a place that gives it.?

Question

It is really harde for me to get a loan because of my credit. does anyone know of a place that gives out loans for people with bad credit... i need to pay off all my debt and just have one payment... thanks

Answer 1

Shifting your debt isn't the answer. You need to pay off the debt you have.

Make a strict budget. Eliminate all the extras -- cell phone, eating out, new clothes, alcohol, premium cable and internet, etc. Take every penny you can squeeze out of the budget and put it on the highest interest rate debt, while making minimum payments on the rest. When the highest rate is paid, move to the next till all your debts are paid.

Come up with ways to find more money to throw at that debt. Have a garage sale, collect alum cans, get a second job -- pizza delivery has flexible hours and you get the left over pizzas.

If you work at it, you can pay your debt off withint 2 or 3 years and have a good payment history.

Shift your debt around and in another year or so, you'll have all those credit cards charged back up and be looking for bigger loan.

Answer 2

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.

Answer 3

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

Answer 4

good luck on your loan search...try asking your family for help on this one..

>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. If you do you will learn a hard lesson & never see any Loan money.

Answer 5

Reality is if you have lousy credit no one is willing to give you more credit without an extremely high interest rate or a co-signor. Or in the majority of cases not at all.

Answer 6

I'm certain that you might find every financial answer at: loandirectory.info-

RE It is really hard to get a loan because i have bad credit. does anyone know of a place that gives it.?

It is really harde for me to get a loan because of my credit. does anyone know of a place that gives out loans for people with bad credit... i need to pay off all my debt and just ...show more