Yes, you can get loan easily with your bad credits. Because most of the loan provider companies provides this facility to those people who have bad credit. Also you can get very easily application approval through the online procedure within same day service.
Wed Aug 31, 2011 11:17 am
davidcosell Contributing Member
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Most of the time money lenders would consider people with bad credit as problematic. This is because these lenders are not sure whether the borrowers can successfully repay the amount that is borrowed on time. So if a person is running bad credit then it almost means that he cannot secure a loan anywhere. But, there is hope. Nowadays there are loans bad credit for people with bad credit. Are you wondering how? Let me explain. There are some lenders or lending institutions which are specializing in the area of lending loans to people with bad credit. These loans bad credit can definitely help the people who are running bad credit scores. So in other words it means that you can still fulfill your dreams even if you’re running bad credit scores. It is almost like one more chance in your life in order to make your life happy.
Wed Aug 31, 2011 5:47 pm
pocketguide Member
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You might want to look online for companies that offer loans for people with poor credit scores or history. However, never take the first offer that comes your way. It is best to shop around and compare rates and terms from various online lenders to get the best financing deal.
Mon Apr 23, 2012 8:28 am
lohanroy357 Member
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Tue May 01, 2012 6:39 pm
goodsamaritan New Poster
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Be patient and fix your credit first. Loans for people with bad credit have insanely high interest. It's best to get your credit score to at least over 700, and then enjoy the prime rate for credit loans.
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Fri May 04, 2012 3:08 am
prestonzac First Time Poster
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A bad-credit personal loan is a relatively new offering from financial institutions that recognize that a less-than-perfect credit history doesn't necessarily mean a borrower is likely to default on loan repayment.
Wed Feb 13, 2013 9:48 am
BillyQuinones New Member
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It is right that having a bad credit score can restrict the chances of competing for a business loan to support your small business. Many standard and conventional financial institutions, like banks, are only saying yes to people with a good credit score. But that is no longer the situation nowadays.
There are numbers of loan providers in the current market, many remain on the competitive part by providing business loans irrespective of bad credit score.
Fri Mar 01, 2013 11:48 am
soybean Full Member
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quote:Originally posted by BillyQuinones It is right that having a bad credit score can restrict the chances of competing for a business loan to support your small business. Many standard and conventional financial institutions, like banks, are only saying yes to people with a good credit score. But that is no longer the situation nowadays.
There are numbers of loan providers in the current market, many remain on the competitive part by providing business loans irrespective of bad credit score.
If you're implying, as it seems, that prospective borrowers don't need to worry about their credit scores because a low score won't interfere with them getting loans at good interest rates, I believe you're sorely wrong. If you want us to believe that, show us some proof.
Sun Mar 03, 2013 4:39 pm
hewiesidney Member
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If you have very bad credit and are searching for a loan, you are not alone. Innumerable scenarios may lead to a decline in the strength of a personal credit history, and one such scenario sometimes leads to another.
