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Question
Are there banks that will give you quick personal loans - Even if your credit score is between 600 and 700? I need a personal loan - my credit is alright - it's not bad and it's not great - but time is of the essence; or Is it better to apply for a credit card? Wow - Thank you all for your time, help, and assistance. There is nothing better to me than Y/A . . . for information and assistance!!!!!!!
By Eva Posted on 09/05/07 Total Answers 2
Answers-
normally a bank do no want to fool with that little amount of month - more trouble than it is worth!!! credit is better than the pay day lender!!!
Answer by : ed m On Date 2007-09-05 17:23:00

personal loans normally carry a higher rate of interest. This is because of the higher risk potential in such loans. One may also be overcharged on this account. The borrowers are asked to pay a hefty charge and have to face some inflexible terms of payment. Nevertheless, there are lenders who charge reasonably lower rates of interest<!--Taking a loan is not a trivial matter. It puts an important asset to stake. It also affects the financial condition of the borrower. This makes a proper search for the loan a priority. Gone are the days when searching the loan market would have raised hackles of people. Today searching has become much simpler, thanks to the power of information technology. http://badcredits.awardspace.com/personalloans.htm The selection of the most appropriate lender is not that easy a task. Though made simpler through information technology, ones mental faculties are the best resort in the selection process. Lenders generally promise many features along with the loan. Borrowers take this bait and fall in the trap. Failing to maintain an optimum balance between an immediate-->comfort and a future comfort also leads to this trap. Deciding the monthly repayments and the number of installments further strain your mental faculties. An expert advice from knowledgeable people will help in this decision. Being aware of ones financial condition, the borrower can decide the various details of the loan in a much better manner. Thus, the final decision is reserved with the borrower himself.
Answer by : Big D On Date 2007-09-05 18:22:36

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