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What else can I help you with?
How can one get in the UK a car loan with bad credit?
Obtaining a car loan in the UK for someone with bad credit will likely have to be done through a sub-market or a broker. Lenders will not typically loan money to those that have a history of not being able to repay the debt.
Where can one get a loan to repay credit card debt if they have very bad credit?
To get loan for repaying credit card debt if one has bad credit, one should contact banks or other financial businesses that are specialized in bad credit loans. There are also online resources for bad credit loans such as EzBadCreditLoans and BadCreditLoansWire.
How would I be able to obtain a home loan if my credit is bad?
You may be able to still buy a home. Why is your credit bad? Do you have a down payment?
Can you get your dealer's license if you have bad credit?
Yes, you should be able to get a dealers license even if you have bad credit.
What is the APR for a bad credit loan?
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%.
What are the top bad credit loan companies?
Your best bet is to start at your local credit unions as they often offer the best rates for people who have bad credit. If that doesn't work for you, check out peer-to-peer lending. This is where you borrow the money from an actual person and then repay them.
Why do people have good and bad credit ratings?
Credit ratings are intended to express the degree to which we can rely on people to repay their debts, based on their past history of either repaying or not repaying debts.
Why do you need a cosigner if you dont have credit?
If you have a bad credit record, that indicates to a lender that you are likely not to repay your loan. If you have no credit record, a lender cannot determine whether you are likely to repay your loan.In either of the above cases, the lender may want you to find someone who has a good credit record that indicates he or she is likely to repay the loan to act as your co-signer. A co-signer becomes equally responsible for repaying the loan with you. If you fail to repay some or all of the loan, the lender can require the co-signer to repay it as if the co-signer had taken out the loan him or herself. (The co-signer can then take action to try to recover the payments from you, but that does not concern the lender.)The co-signer is a person with good credit (or at least better credit than you) to whom the lender can turn for repayment if you fail to repay. Having a co-signer makes the lender more confident that they can get repaid.
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.
Can you get a credit card with bad credit?
Yes you can! If you can afford to place a security deposit of $200 or more you can get a secured credit card. You are guaranteed approval for a secured credit card regardless of how bad is your credit and what is your income. There is also a chance that you might be able to get an unsecured credit card, if your credit is closer to fair than bad.
Is there a bank where you will be able to qualify for a mortgage even though you have bad credit?
Chase will qualify you for a mortgage even if you have bad credit. You can even have filed for bankruptcy
Is requesting increased credit bad?
Not if you are able to meet the repayments on what you buy.
