Warning: include() [function.include]: URL file-access is disabled in the server configuration in /usr/home/ms/domains/hurryloan.com/html/answers.php on line 78
Warning: include(http://www.hurryloan.com/rightbar.php) [function.include]: failed to open stream: no suitable wrapper could be found in /usr/home/ms/domains/hurryloan.com/html/answers.php on line 78
Warning: include() [function.include]: Failed opening 'http://www.hurryloan.com/rightbar.php' for inclusion (include_path='.:/usr/local/share/pear') in /usr/home/ms/domains/hurryloan.com/html/answers.php on line 78
Bad Credit Loans do they exist?
Are there any legit banks or lenders for people with bad/poor credit?
By
fderrico
Posted on
12/01/08 Total Answers
4
Answers-
Nope - only kind of loan you'll get would be from a shady character and you'll have to pay extremely high interest rates. Bad credit hurts bigtime!
Answer by :
Micki On Date
2008-12-01 11:02:28
yes if you apply with yes loans . com they will help i have areally bad credit score but got a £5000 loan today
Answer by :
claire r On Date
2008-12-01 11:02:35
It depends on what kind of loan you need. You can still get auto loans even if you have bad credit. Mortgage loans - probably not. No one wants to lend a large sum of money to a person with bad credit and then have them default on payments.
If you need a short term personal loan also referred to as a Cash Advance loan - Yes, you can get one with a high interest rate.
If you need a large unsecured personal loan - No. Personal loans from banks are usually reserved for people with good or great credit. Right now I would guess a score of 730 & up.
Answer by :
Lisa J On Date
2008-12-01 11:45:48
There are legitimate private lenders who are very eager to lend in times like this when banks are being tight with their bailout money.
There will always be people with money sitting around ready to profit during recessions, you just need to be prepared to pay slightly higher interest than you would with a bank loan.
There are even brokers who specialize in helping people with bad credit. If you need a loan, brokers are your best bet because they submit your application to multiple lenders and you pick the deal that works the best for you.
Hope that helps.
Answer by :
danielgeorgescot On Date
2008-12-01 15:31:57
