Where do you go to get a loan with bad credit?

Answer 1

In the current economy, there are few options for those having poor credit profiles. However, there are some options that, if one is in particular need, may be undertaken as follows (in order of expense):

* Borrowing money from a friend (friends will usually lend small amounts to other friends)

* Having a friend co-sign a loan (if your friend has a better credit profile than you, they may be willing to take some of the risk of you taking a loan)

* Using an existing credit card (if you have credit cards and they have not been cancelled or the lines have not been maxed out, they function well as a source for short-term need)

* Auto Title Loan (if you own your vehicle and need a short-term loan, you may pledge your auto title against a loan)

* Payday Loan (if you have a job with provable income, you will be able to get a short-term payday loan)

However, for all of the above, you should always be determining what made your credit bad in the first place and take steps to clean up the "badness" so your are in a better position in the future.