i am recently divorced single mother who is looking for a company who will give me a loan for about $5000. My credit is low like 500 due to my ex husband stealing my identity. I am wanting to consolidate my debts to make it easier for me and my daughter. Does anyone know of a company who will help me with out paying any fees up front to obtain a loan?
2007-09-21 13:15:43 · 7 answers · asked by chellebeth75 2 in Business & Finance ➔ Personal Finance
I'm sure you will find one sooner or later, but the interest rates on those loans are outrageous and you may not be able to afford those payments. I suggest you budget tightly, maybe find a part time job you could do from home so as not to have additional babysitting fees. But pay off what you can and take as long as you need to pay that $5,000 off. It does you no good to have a loan you can't afford. Better to pay what you can and make do with what you have.
2007-09-21 13:23:13 · answer #1 · answered by Anonymous · 1⤊ 0⤋
A loan would depend on your job and how much your take home pay is .
Without a very good job , a loan could put you guys on the path to being homeless .
Get a 2nd job as a waitress for awhile and sock all the tip $$$$ into the debt .
Good Luck , our prayers are with you .
>
2007-09-21 20:24:45 · answer #2 · answered by kate 7 · 0⤊ 0⤋
PLEASE do not go futher IN DEBT to try to get OUT of debt---it doesn't work and will make matters MUCH worse for you.... besides, with a credit score of only 500, you will be hit with OUTRAGEOUSLY HIGHT interest rates on any loan ANYONE might give you... I was a single mother struggling to make ends meet too and know EXACTLY the traps one gets into... The only way to make it easier for you and your daughter would be to get your debts paid or just keep making REGULAR NON-SKIPPED PAYMENTS on everything and keep as up to date as you can get.... it took me YEARS, but now my credit score is VERY high---I can get a loan ANYWHERE if I want it---and my credit card debt is VERY VERY LOW (4 cards and TOTAL debt under $500)... in fact I just bought a BOAT last week... if you keep borrowing to pay for CURRENT BILLS, you will back yourself into a HUGH corner for the future bills... PLEASE do NOT try for a loan ESPECIALLY with any of those TOTALLY RIPPED OFF finance companies... they are the WORST....!!!!!!
2007-09-21 20:36:05 · answer #3 · answered by LittleBarb 7 · 0⤊ 1⤋
Here is a good option to check out. This company has plenty of free information for you. This company has been featured on national TV newcasts (not infomercials) and published in several magazines such as Newsweek. This company is where people lend money to other people. Good Luck
http://www.prosper.com/join/heyhobbs
2007-09-23 10:22:07 · answer #4 · answered by Gary 5 · 0⤊ 0⤋
SCAM ALERT ! BEWARE OF THE ADVANCE FEE SCAM, NIGERIAN SCAM ! NEVER SEND $ UP FRONT VIA WESTERN UNION,MONEY GRAM,BANK/WIRE TRANSFER TO NIGERIA, UK, CANADA, ANY foreign country in hopes of getting a loan(YOU WON'T). You will get 100% guaranted SCAMMED if you do. GO to http://www.ripoffreport.com and http://www.scam.com formore on internet loan scams. STAY AWAY from ALL private internet lenderswanting $ sent up front for loan,THEY ARE SCAMS if they want $ sent up front.
2007-09-21 22:38:43 · answer #5 · answered by Anonymous · 1⤊ 0⤋
Do you have a car worth at least $10,000.00? (Paid in full)
2007-09-22 16:23:44 · answer #6 · answered by Anonymous · 0⤊ 1⤋
You might try prosper.com
2007-09-21 20:22:15 · answer #7 · answered by Elsa D 6 · 0⤊ 0⤋