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Yes. However, they know that bad credit means they're taking a risk, and they will set their interest rates accordingly. Expect to pay the absolute maximum interest rate allowed by law, and further expect an extremely low credit limit so that if you do default they're not out all that much.

If by "legitimate" you meant low interest, no annual fees, and unsecured credit limits in the thousands of dollars... then no, there probably aren't.

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Q: Are there any legitimate lenders that deal with bad credit?
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Does your credit score drop if multiple lenders check into your credit at once?

No, but it will if any of them decide not to lend to you.


Are there any lenders who deal specifically with bad credit candidates?

yes, there are several companies that lend money to those with bad credit ratings. They usually have higher interest rates then a regular loan company, and are willing to consolidate all of your debt.


Did Personal Credit Services lenders loan you the amount you applied for?

I have not heard back from all of the lenders but so far two of the five lenders I applied for credit with did approve me for the personal loans I requested. Their services were worth the fee at least and there is a guarantee that if you don't receive the personal credit then they will refund your money. There is a policy that you have to apply to all of the lenders before they will issue you a credit but so far their service seems worth the fee. Let me know if you have any luck with the lenders you applied to - for now I would recommend them for credit.


If you have two credit cards in good standing with only four months of credit report are there any lenders that accept limited history?

Yes, many do.


Will lenders allow someone to remortgage their home if the credit is bad?

There are lenders who specifically lend to borrowers with blemished credit but the homeowner will typically pay higher interest rates and fees. Borrowers should attempt to improve their credit before trying to refinance by lowering debt and clearing up any inaccuracies that may appear on their credit report.

Related questions

Are there any legitimate cash advance lenders?

"There are certainly many legitimate cash advance lenders. As in any monetary transaction, caution when dealing with these lenders is advised."


Are there any auto lenders in sagadahoc county?

There are many auto lenders int he county. They are from bad credit lenders to good credit lenders. You need to shop around and pick the company that best suits your needs.


Does your credit score drop if multiple lenders check into your credit at once?

No, but it will if any of them decide not to lend to you.


Can anybody check your credit history?

Yes, potential lenders, landlords, and employers can check your credit history with your permission. It's important to monitor your credit report regularly to check for any errors or potential identity theft.


Are there lenders that will cater to any credit situation particluarly in New Jersey?

There are lenders everywhere--you just need to specify your situation and look for them.


Are there any lenders who deal specifically with bad credit candidates?

yes, there are several companies that lend money to those with bad credit ratings. They usually have higher interest rates then a regular loan company, and are willing to consolidate all of your debt.


Did Personal Credit Services lenders loan you the amount you applied for?

I have not heard back from all of the lenders but so far two of the five lenders I applied for credit with did approve me for the personal loans I requested. Their services were worth the fee at least and there is a guarantee that if you don't receive the personal credit then they will refund your money. There is a policy that you have to apply to all of the lenders before they will issue you a credit but so far their service seems worth the fee. Let me know if you have any luck with the lenders you applied to - for now I would recommend them for credit.


Are there any lenders who offer home loans to people with bad credit ratings?

Yes, there are several companies that deal in mortgages for people with bad credit. One is the FHA (Federal Housing Administration). You can also try credit unions, co-signing with a family member with better credit, or putting something up for collateral.


Are there any legitimate personal loans in North Carolina for people with bad credit?

There are many legitimate personal loans in North Carolina for people with bad credit. Most of them are referred to as payday loans and they do not consider your credit rating.


Allcreditautoscom provides auto loans for any credit situation bad credit no credit bankruptcy search multiple lenders to get a quote which car is shown on their registration page?

Honda.


If you have two credit cards in good standing with only four months of credit report are there any lenders that accept limited history?

Yes, many do.


What respected website can provide a list of bad credit lenders?

Bad credit lenders are a bit difficult to find right now with the current economic situation. You can try websites like, www.badcreditloanservices.com, but just be careful and do not put out any money.