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My credit score is a 450 and I need to get a loan for approximately $10,000. My credit score is poor because I had to take over some debt from an ill parent. I am in the process of getting my credit back on track. I have searched the internet for hours and find articles on how easy it is to get a bad credit loan. So far I haven't found any of these sights. Any help would be greatly appreciated. Thanks!

2007-10-12 05:05:38 · 1 answers · asked by belle11128 1 in Business & Finance Personal Finance

1 answers

I doubt that anyone is going to give you an unsecured loan for $10,000 with your credit score but I would suggest that you apply at your bank or credit union. If they turn you down they most likely can suggest an alternative. You will be paying a high interest rate because you are a default risk. Is there any alternative to borrowing this large of an amount?

2007-10-12 05:15:28 · answer #1 · answered by Diane M 7 · 0 0

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