0
It is the most difficult to get a loan modification with bad credit. Though not impossible, since many lending groups would rather loan to someone with bad credit because the interest that person will have to pay the loan company is going to be very high. Asking for a loan modification in the first place is a sign to creditors that they have bad credit and are trying to fix it.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
Is it good to have a loan when you have bad credit?
It will be hard to get a loan when you have bad credit. However, if you already have a loan and have bad credit on other things such as credit cards, then keeping your payments current on your loan can help improve your bad credit over time.
How hard is it to get a loan with bad credit?
It can be pretty difficult to get a loan with bad credit reflecting against you. You may be able to get one but it will have a pretty high interest rate to make up for your bad credit score.
Where can you get a bad credit loan?
Yes, you can get Bad Credit Loan.
What bank you can go to get a bad credit loan you and your wife have bad credit?
Yes, you can get Bad Credit Loan.
What should one do if they have bad credit but need a loan on their first mortgage?
If someone has got a bad credit record and wants a loan linked to their first mortgage then they will need to convince a bank that they do have a good and realistic chance that the loan will be paid back. As it stands they are probably a bad credit risk so they will find getting the loan hard.
Is it good to have a loan when you have bad credit?
It will be hard to get a loan when you have bad credit. However, if you already have a loan and have bad credit on other things such as credit cards, then keeping your payments current on your loan can help improve your bad credit over time.
How hard is it to get a loan with bad credit?
It can be pretty difficult to get a loan with bad credit reflecting against you. You may be able to get one but it will have a pretty high interest rate to make up for your bad credit score.
I need a house loan, but how can I be approved with my bad credit score?
At the present getting loan with bad credit is hard. You will need to take some steps to clean up your credit first.
Can you qualify for a business loan if you have bad credit?
Qualifing for a business loan with bad credit can be very difficult. It takes a long time and hard work but it can be possible though.
Where can you get a bad credit loan?
Yes, you can get Bad Credit Loan.
Get bad credit loan in Ontario?
Yes, you can get Bad Credit Loan.
What bank you can go to get a bad credit loan you and your wife have bad credit?
Yes, you can get Bad Credit Loan.
What should one do if they have bad credit but need a loan on their first mortgage?
If someone has got a bad credit record and wants a loan linked to their first mortgage then they will need to convince a bank that they do have a good and realistic chance that the loan will be paid back. As it stands they are probably a bad credit risk so they will find getting the loan hard.
Where can I get an auto loan if I have bad credit?
It is hard to dfind a decent auto loan when you have poor credit. I would suggest visiting Drive Time if you have one local too you.
Where can I find a bad credit home loan?
You can find a bad credit home loan at homecredit.com
How can I get a home loan if I have bad credit?
Getting a home loan with bad credit is hard yet not impossible. Showing you are a responsible in paying off current debt could help. It is best to find a cosigner with good credit to seal the deal.
Do lenders have stringent guidelines when it comes to borrowers with bad credit?
People with bad credit have a hard time getting a loan. Lenders want to ensure they will be paid back.
