used car for work....
:( anyone know any site legit?
2007-09-21 11:21:21 · 10 answers · asked by wonderfulwarriors 1 in Business & Finance ➔ Credit
Please don't look for any lender to borrow more money. You will only be adding to your debt. If you are desperately in need of the $3,900, then, I would suggest you talk to your close friends. You see: If a lender goes ahead to lend you the money, the interest rate will be very high, say, between 18-24%, which, of course, will be reported on your credit report file. Should you ever default, it will sink further your credit score.
Before asking for any more loan, however, why not try to repair your credit yourself? It is not as difficult as you might have thought. You could either do it yourself or ask for help from notable professionals. The only difference is that professionals would charge fees for their services.
Should you wish to repair your credit yourself, please follow these tips:
Get a copy of your credit report directly from the three major credit bureaus and check to make sure the information about you is correct.
Thereafter, look at the derogatory accounts and arrange to pay them off by calling the creditors or collection agents who reported the delinquent accounts to the credit bureaus.
Be patient and allow for, say, sixth months before checking your score. If less than 620 wait for a couple of months before applying for credit while paying your present bill(s) on time. Use credit wisely and responsibly.
Best wishes!
Derrick
2007-09-21 13:04:32 · answer #1 · answered by NETWORK ADMIN. 3 · 0⤊ 1⤋
Obtaining a personal loan may be a more cost-effective way to pay the money due rather than missing the payment. By getting a personal loan to help you catch up, you could save money on penalties and keep paying your bills on time. There are few lenders that offer specifically designed loans for people with adverse credit histories. Anyone can apply for a bad credit loan but your age, income and employment status will be taken into account before any application is processed.
2016-05-20 04:49:14 · answer #2 · answered by ? 3 · 0⤊ 0⤋
Do you know what your credit score is? If it's above 520, see if you can apply with Beneficial or American General. If it's below that score, you may have to settle with seeing if you can borrow the money from a family or close friend. The issue with bad credit is that you're looked as a higher risk because of your financial past and/or your ability to pay bills and other things you may owe. There are really no 'bad credit lenders' - and stay far away from the so-called private lenders, those that say they can loan you thousands of dollars without checking your credit and asking for some kind of fee up front. Like I said, first things first, find out what your credit score is. It's better that you know that before anyone that you're trying to do business with does. And if it's specifically a car loan you're looking for, try Barnone.com - they can match you up with dealerships in your area that are participating in their program to assist folks with credit issues. Hope this helps.
2007-09-21 11:30:56 · answer #3 · answered by rwiamhere 3 · 0⤊ 0⤋
The worse thing is that people who have less than perfect credit and bad credit apply for credit twice as much as a person with good credit. This means that a person with good credit is only applying one time for the same thing a person with bad credit tries to get from many different companies. When you get denied at one place you think you can keep trying and get approved at another place when it's the worst thing you can do. The report making bureaus simply document the information provided them. By working with the creditors, these companies can locate the very source of all the errors, and in doing so determine the best solution for you to get out of your predicament.
2014-11-22 16:49:47 · answer #4 · answered by ? 3 · 10⤊ 0⤋
You could try HSBC bank, Wells Fargo, Citi Financial they help people with bad credit obtain a loan most of the time. You may need a co-signer to obtain the loan. Please do not deal with Mr. Richie Banks who advertises on yahoo websites that he will give you a loan. He wants up front fees which is illegal to begin with plus the guy is a scammer so stay away.
Good luck in obtaining your loan.
2007-09-21 14:39:05 · answer #5 · answered by rory1803 1 · 0⤊ 0⤋
Try Citi Financial Auto. The do approve for some poorer credit, but you will pay a higher interest rate depending how low your credit score is.
2007-09-21 11:28:17 · answer #6 · answered by Shaula 7 · 0⤊ 0⤋
I would NEVER suggest borrowing money with bad credit. That'll only make your problem worse.
Call on friends to drive you where you need to go, ride with a co-worker, take the bus. Do whatever you need to do so you can save money in the bank to pay cash for the car you want.
THEN keep on paying those bills on time and you won't have this problem.
2007-09-21 11:32:43 · answer #7 · answered by Roland'sMommy 6 · 0⤊ 1⤋
Take the bus and clean up your credit.
2007-09-25 04:01:55 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Try prosper.com their interest rates and loans vary according to your credit score and capability of repaying loan.
2007-09-21 12:10:04 · answer #9 · answered by Jim S 2 · 0⤊ 2⤋
Bad credit = stop borrowing message .
Start using public transit and think of the fortune you will save on fuel , tires , maintenance , insurance . . .
Public transit , gooooood for your savings account .
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2007-09-21 11:27:10 · answer #10 · answered by kate 7 · 3⤊ 2⤋