is it possible to get a personal loan with poor credit and no collaterial?
broke asked:
I would like to pay off loans showing against me on my credit report and repair my credit with out going to a credit repair company
Kansieo.com
I would like to pay off loans showing against me on my credit report and repair my credit with out going to a credit repair company
Kansieo.com
December 20th, 2008 at 8:52 am
Kansieo.com
heck no
December 21st, 2008 at 12:58 pm
Caffeinated Content
Everything is possible!
There are finance companies (ex: Beneficial) that will probably loan you the money with a super high interest rate. Other than that because you are trying to repair your credit a large bank may approve you for an actual Debt consolidation loan. One of the stipulations will be that they will pay your debt directly, so that they know where the money is going.
If no luck, then the credit repair companies do help..for a fee!
December 21st, 2008 at 10:11 pm
Caffeinated Content
Visit read through everything and I think that you could still get a loan I am in the same boat that you are honey and I got one! Keep your head up and stop spending money pay extra on everything you can and you will get there! I have been going through this for almost 3 years and can finally see the light at the end of the tunnel! Best of Luck!
December 23rd, 2008 at 4:50 pm
Caffeinated Content
Why don’t you want to go to a credit repair company? They’re not all scammers, and some of them are GREAT!!! My first wife and I went through Consumer Credit Counseling Service of Ventura County, California when we got in over our heads. They only charged us $10.00 a month and worked with all our creditors to get our monthly payments lowered. It took a little over two years, but once we were done we were debt free and our credit ratings went back up.
To answer your question: If you have poor credit and no collateral, your chances of getting a personal loan are about zero. You’re too much of a credit risk as far as the lending companies are concerned, so even if you can find a company to loan you the money the interest rate is going to be VERY high (probably close to 20% APR).
December 25th, 2008 at 11:39 pm
Caffeinated Content - Members-Only Content for WordPress
not a problem with these lenders
December 26th, 2008 at 5:57 am
personal credit report
STOP TAKING THOSE MEDS . WOULD YOU GIVE YOU A LOAN WITH NO COLLATERAL AND A TOILET BOWL CREDIT SCORE - GET REAL AND DISCONNECT THE INTERNET FOR A START AND SELL YOUR PUTER TOO .
December 29th, 2008 at 2:28 pm
Caffeinated Content
Lots of info here.