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Will some banks make an exception and hire someone with bad credit if they have a good reason?
Wiki User
∙ 11y ago
I would say it doesn't hurt to try; but you're certainly at a disadvantage when it comes to other candidates.
Wiki User
∙ 11y ago
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What banks allow bad credit mortgage?
Unfortunately, fewer banks will lend to someone with bad credit. Some of the major banks that advertise that they will give a mortgage to someone with bad credit include Paramount Equity and FHA Mortgage.
What do credit mortgage companies do when faced with someone with bad credit?
Some companies are capable of underwriting their loans to customize them to meet the needs of their customers. It is very difficult for the banks to buy and sell mortgages when they underwrite them. Most major banks will not change the terms of their loans for this reason.
Where can one get a bad credit homeowner loan?
A homeowner loan for someone with bad credit can be obtained from some banks but it will be at a higher rate of interest than for someone without a bad credit record. It means one needs to ask around a lot of banks.
If someone is in debit how often will the banks reduce their credit access?
If someone is in debit the bank can reduce their credit access several times, according to the credit amount and several other factors which can be different from bank to bank.
What are two companies that will offer a personal loan to someone with bad credit?
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.
What banks allow bad credit mortgage?
Unfortunately, fewer banks will lend to someone with bad credit. Some of the major banks that advertise that they will give a mortgage to someone with bad credit include Paramount Equity and FHA Mortgage.
What do credit mortgage companies do when faced with someone with bad credit?
Some companies are capable of underwriting their loans to customize them to meet the needs of their customers. It is very difficult for the banks to buy and sell mortgages when they underwrite them. Most major banks will not change the terms of their loans for this reason.
Where can one get a bad credit homeowner loan?
A homeowner loan for someone with bad credit can be obtained from some banks but it will be at a higher rate of interest than for someone without a bad credit record. It means one needs to ask around a lot of banks.
If someone is in debit how often will the banks reduce their credit access?
If someone is in debit the bank can reduce their credit access several times, according to the credit amount and several other factors which can be different from bank to bank.
What are two companies that will offer a personal loan to someone with bad credit?
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.
What credit cards are available for someone with no credit history?
Most credit card companies will offer a credit card for someone with no credit history. A few of them are capital one, any prepaid credit card and most banks. If you have no credit history the best way to go would be to go thru your bank.
Are there banks that will deal with someone even if they have poor credit finance?
If an individual wishes to open a checking or savings account at a bank, most banks will allow those types of accounts even if the individual has poor credit financing, or a low credit rating. Some banks will also offer loans, depending on the individual.
Where are credit banks situated?
Credit banks hold the amount of credit available in the banking system. Credit banks are situated at different places; the actual situation of the credit bank depends on the bank itself.
where do i get credit?
Credit you get up the banks
Where can someone find refinancing for someone with bad credit?
A person with bad credit is not completely out of options. They could perhaps check with banks that offer the second chance option. They could also check with some credit cards that offer this option.
What banks will give a home loan to someone with bad credit?
Many and almost all banks will give you a loan if you have bad credit, all that you will need is a co-signer to sign off on it with you, the co-signer is telling the banks to give you a chance, and if you mess up that he will be responsible with you to pay the loan back.
Who can help a person with a bad credit?
Someone who helps a person with bad credit is called a debt counselor or debt consolidator. Many finical agencies such as banks and credit unions offer consultations with these professionals.
