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A person with 'less than perfect credit' can try to obtain a secured credit card. These cards can come with a couple of hundred dollars in fees but can help re-establish credi…t. Time is a big factor in re-establishing credit. If your initial application is denied, wait 6 months and try again. Remember that every credit card application can decrease your credit score so choose wisely. Once accepted, use the credit card sparingly [charge small amounts] and repay the balance in full each month. This will help in creating a good repayment history.
Currently have a credit score of 630 with 6 items in collections which are paid in full this month 30K in student loans start paying this month How will your credit look in 12 months?
Answer That's really a question for a credit counseling type company who can answer questions relating to your credit score. I can tell you that until you consolid…ate your loans, they appear as itemized on your credit report. Once you consolidate your student loans they appear as one loan and give you a lower debt to income raition therefor giving you better FICO/Beacon score.
Yes, you can get Bad Credit Loan.
It will be hard to get a loan, however it can be done. I am in the same situation but i keep trying. Try a local finance company. Or Prosper, i did not have luck with them bu…t you might. Please be aware of online lenders, there must be some good lenders online out there, but what i have found is they want you to put up money for a loan. And the way i see it is if i had money to put up for a loan, i would not need the loan in the first place. I hope i have helped some, Good Luck!:)
Depends mostly on the interest rate. There are quite a few banks that have loan calculators on their website.
There are not many places where you can get a loan with bad credit. You can try your local credit union to get a 2,500 loan with a 2 year plan. You may need a cosigner for… the loan.
If took out a car loan for someone. They could not co-sign dut to bad credit. Can I sue if they stop paying me back?
No, by signing the contract as a co-signer you automatically accept the responsibility if the signer is not paying you will be financially responsible for the loan. There is n…o legal action you can take against the signer. For more information you can visit http://www.autocreditfinancial.ca IN some states you can recover your lose through small clames court you will have to check the law in your state.You can do this by looking on the net by pulling up your states general statue laws.
Do Not apply for a loan from Western Sky. They make you jump through hoops to apply and then pull the rug out from you
Personal loans can be used for any purpose.
The only way one with bad credit get a loan from a bank is to use a co-signer who has a stronger credit profile.
Trying. To get loan for adome motorcycle.
If a person has bad credit they are less likely to be approved for a loan and if they are approved their interest rates will likely be higher than someone with good credit. Ba…nks consider people with bad credit high risk.
Many of the bad credit loaning companies seem to be of ill repute. Going to your bank and seeking advice should be your first step. Ask your friends and family what they think… as well.
It really depends on your credit score, and where you are getting the loan from. Anything below 640 is sub-optimal and if you are below 500, you can be refused. There are lend…ers that will lend to people with less than perfect credit, but I've heard the interest rate can be around %20!
credit save.com try it and see! jokes! not reals!
One may got to "Money Mart" to get a payday loan if they have bad credit. The process is quite fast to be approved and they have a high rate of acceptance for those with bad c…redit.