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Answered 2013-03-05 08:17:56

If a customer's credit is really bad, then they may not be able to get a loan. If a customer's credit rating is poor, they may be able to get a loan at an APR of 12% - 15%.

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Bad credit will affect your APR on any new loan. Most banks use a tiered credit system to determine APR.


It depends on what you are getting credit for. A home loan with an APR less than 5.5% is good. A credit card with an APR of 15% or less is good.


Yes, you can get Bad Credit Loan.


ANSWER The APR would NOT go down because the co-signer is just a safety net just in case you default on the payment. You might have to obtain credit repair services.


You can find a bad credit home loan at homecredit.com


One can find an unsecured loan for those with a poor credit history online, companies that can provide these are, UK Credit, Provident, Amigo and Aspire Money. One must be careful with this type of the, the APR will be generally high.


One can apply for a loan with bad credit online or by phone. Free Credit Score has applications for someone who needs a loan with bad credit to get one.


If you are looking for money over a shorter period of time, even you have a bad credit score. Fresh Instant loans give you a quick bad credit loan whenever you need.


The cosigner I believe but check with the loan issuers it's in the details.


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.


In reference to finance, APR is the acronym for Annual Percentage Rate. The APR is essentially the annual cost of the credit a person will be receiving.


One generally doesn't receive bad credit for getting a bank loan. A bank loan can be denied though, if one has bad credit. Bad credit can occur if one does not pay credit card bills on time.


One can find an equity loan for bad credit in a wide variety of places. An equity loan for bad credit can be attained at a local bank or visiting sites such as Alpine Credit.


If one was trying to find a car loan if they have bad credit there are various online company who offer this solution. Obviously the APR will probably be a lot more than usual due to the 'bad credit' bracket the person has been put under. Some of the companies are Infinity Car Finance, Car Loan 4 U, Car Finance 24/7 and Folwers Finance.


It depends on how desperately you need the loan. If you are desperate for the loan, then you should take the bad credit loan, as it may be your only option. However, if you can, it is better to slowly rebuild your credit.


The main qualifications for obtaining tenant loan with bad credit is to have bad credit in the first place. One can improve later from this by fixing their credit as they accept and pay off the loan.


This provides an easy and convenient way for people to be matched with a personal loan from up to $5,000. cutt.ly/ihMcXnu



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.


It is very difficult to get an unsecured loan with bad credit. This is because of the nature of the loan. When a person gets an unsecured loan, it means there is no collateral to back the loan up with.


You calculate APR based on your credit score, loan size and term of loan. Typically the shorter the loan life the lower APR you will get . Annual Percentage Rate APR (Annual Percentage Rate) is a standardized term used to compare loans, mortgage loans and credit card rates. It is a compilation of the compound interest, finance charges and lender fees calculated annually. For more detailed information and to use an APR calculator visit the link in related links.


Two companies that will offer a personal loan to someone with bad credit are United Lending Services and Cash Loan City. It is easier for someone with bad credit to get a personal loan from Credit Unions than from banks.


It is possible to get a mortgage loan with bad credit but you will have to pay a lot higher interest rate and the loan amount will be lower. You can go to HUD and talk to a counselor about securing a mortgage loan with bad credit. There are a few different options for people with bad credit.


There is still a way for those with bad credit to get a loan. Credit unions are more open to offer you a loan because they are willing to look at you more personally compared to just viewing your credit score and loan application.


There are no penalties for prepaying a bad credit auto loan. It is beneficial to pay off the loan sooner or on time.



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