I need a personal loan but I have almost bad credit. Any suggestions on who I should go to?
babe112083 asked:
I don’t want to end up paying double back. Is it even possible to get a personal loan with out paying double back?
Jackie
I don’t want to end up paying double back. Is it even possible to get a personal loan with out paying double back?
Jackie
Tags: Bad Credit, Personal Loan
April 25th, 2009 at 5:45 am
Gladys
Maybe you could get a co-signer . That would help you.
April 28th, 2009 at 4:42 am
Antonio
well the problem is with your credit. If you really need the money you should try to pawn something with value and you don’t have to pay double the amount of what the loan you.
April 28th, 2009 at 4:46 am
Laurie
Even though your credit may be bad, there is one website I found and maybe the only source to get a unsecured personal loan with a credit score as low as 520. A credit community website called prosper.com, which is a marketplace for credit that enables people to lend money to other people in a safe, efficient manner.
Prosper enables people to create groups, which borrowers can join and request 3-year, fully amortized loans from $1000 to $25,000. Borrowers can also indicate the maximum interest rate they are willing to pay, plus repay the full amount of the loan at any time and there are no early payment penalties.
April 28th, 2009 at 11:08 am
Lori
visit this site get ur personal loan any bad credit all the best
May 1st, 2009 at 6:11 am
Gertrude
Try going to this site, they have lots of information about this sort of stuff.
May 4th, 2009 at 11:43 am
Derrick
Dont believe anyone offering you the moon and the stars when it comes down to obtaining a loan with a low fico (bad credit).
This is how banks work. If you have a good track record they know you wont default so you get a lower % and the investors interested in this type of borrowers get a lower % of return because the borrower got a lower %. If you have a bad track record, banks know you are not very disciplined with your money so you are a riskier borrower. To make up for the risk you present to them they will charge you a higher % and that is where investors get their money because although they know it is a riskier investment they will get a higher return on their money.
My suggestion, learn about your credit and how you can improve it. Dont deal with anycompany claiming to repair your credit for 200-600 dollars.
Google this organization (non-profit) Consumer Credit Counseling Services in your area and they will be able to counsel you with your finances and your credit.
Good luck
May 5th, 2009 at 3:09 pm
Ted
If you get a leg. loan, you will be paying subprime interest rates. That’s the cost of having less than good credit, sadly. But be careful, your questions opens you up to a lot of the loan scammers out there. You may even get some answers who sing the praises of this lender or that one. Don’t be deceived. Do not give them any personal information until you can verify who they are like verifiable business name, address, phone number. Also if they ask for any money upfront, run! They are loan scammers. It is illegal for any lender to ask for upfront money to obtain a loan. So be careful and check these private lenders out very carefully. See the Federal Trade Commission website and Crimes of Persuasion website for more info.
May 8th, 2009 at 12:44 pm
Robert
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.