Bad Credit? Legitimately Borrow Thousands!
M30-300 Taking out a personal unsecured loan involves a bit of risk -- interest rates are rather high, fees are not small, and repayment terms can be a bit uncomfortable. This being so, many think it is not worth it to assume such conditions. However, if you are in dire need of cash, it may be the only prime solution you have. Especially if financial catastrophe is looming on your personal horizon.
Need
ML0-220 At times such as this, you need to cast a wide net to bring yourself some financial relief. You need to consider all possibilities. One thing you might as well pass on by: A bank or a credit union is simply not going to give you a loan if you do not have any real collateral, especially not if you have poor credit standings.
Where
MK0-201 If you are seriously in need of a substantial loan, have no collateral, and have poor credit scores; you need to start considering non-traditional lenders. Cast your net wide. You need to familiarize yourself with as many non-bank lenders as possible to find the best source, to find the best lender for your specific needs, to find requirements that make you least uneasy.
BBB
A good place to start would be the website of the Better Business Bureau. Not only will this give you a comprehensive list of non-traditional lenders, it will also give you some idea of how they do business. Each of them will have a BBB rating as well. While nobody is perfect, you certainly would not want to do business with a firm who has a BBB F-Rating. B-Rating or higher will be the wise choices.
Forums
Check out internet forums. These can be social networking sites or forums set up for business and personal borrowers and lenders. You can start your own threads to seek information, or latch onto one that is already underway. People speaking about their own personal experiences is the best way to learn about the ups and downs of the lending markets as well the credibility, or lack thereof, of certain lenders.
Contact
Go ahead and call up, or email, or fax a number of lenders you have chosen. You are going to have to get in touch with them anyway. Be frank, tell them you have bad credit. Tell them what you need. Ask very specific questions regarding the amounts they might loan, the interest rates they might charge, the fees that they may impose, and the repayment terms they may demand.
Warnings
If a lender is making things seem a little too easy, if they do not ask enough questions, if they make over-the-top promises, you might not want to do business with such a lender -- it may be fraud, you may end up with your identity stolen, or sending up-front fees and receiving nothing in return. Do not accept a lender who wants an application fee, that is not a usual practice in the unsecured loan industry and smacks of fraud. Steer away from lenders who ask for outlandish fees. Stay away from lenders who act like they are doing you a favor. You are doing them a favor by offering your business.
Need
ML0-220 At times such as this, you need to cast a wide net to bring yourself some financial relief. You need to consider all possibilities. One thing you might as well pass on by: A bank or a credit union is simply not going to give you a loan if you do not have any real collateral, especially not if you have poor credit standings.
Where
MK0-201 If you are seriously in need of a substantial loan, have no collateral, and have poor credit scores; you need to start considering non-traditional lenders. Cast your net wide. You need to familiarize yourself with as many non-bank lenders as possible to find the best source, to find the best lender for your specific needs, to find requirements that make you least uneasy.
BBB
A good place to start would be the website of the Better Business Bureau. Not only will this give you a comprehensive list of non-traditional lenders, it will also give you some idea of how they do business. Each of them will have a BBB rating as well. While nobody is perfect, you certainly would not want to do business with a firm who has a BBB F-Rating. B-Rating or higher will be the wise choices.
Forums
Check out internet forums. These can be social networking sites or forums set up for business and personal borrowers and lenders. You can start your own threads to seek information, or latch onto one that is already underway. People speaking about their own personal experiences is the best way to learn about the ups and downs of the lending markets as well the credibility, or lack thereof, of certain lenders.
Contact
Go ahead and call up, or email, or fax a number of lenders you have chosen. You are going to have to get in touch with them anyway. Be frank, tell them you have bad credit. Tell them what you need. Ask very specific questions regarding the amounts they might loan, the interest rates they might charge, the fees that they may impose, and the repayment terms they may demand.
Warnings
If a lender is making things seem a little too easy, if they do not ask enough questions, if they make over-the-top promises, you might not want to do business with such a lender -- it may be fraud, you may end up with your identity stolen, or sending up-front fees and receiving nothing in return. Do not accept a lender who wants an application fee, that is not a usual practice in the unsecured loan industry and smacks of fraud. Steer away from lenders who ask for outlandish fees. Stay away from lenders who act like they are doing you a favor. You are doing them a favor by offering your business.
|
|
