how can i get a loan with low credit score?

I recently had a baby and the prices have gone up the roof, the same as my credit card interests, payment that I am not making anymore. I own a home but I cannot get any type of loan because my credit score is really low. What can I do? I can barely pay the bills. What type of financial institution can give me a loan?

Public Comments

1. Loans dont solve loans. I would suggest that you eiter look at getting a better paid job or cutting down on some of your expenses. Pay off everything you have and then look at yr situation. Please don't get caught in the credit spiral by paying off debt with debt or getting more debt.
2. Step 1 - Pay your mortgage. Step 2 - Cut up every credit card. Step 3 - Call your credit card company, tell them your situation: you recently had a baby, you need to re-negotiate your debts. Make a deal with them, and then pay what you promised. This is free to do, do not pay anyone to do this for you. (Your credit will still suck for years, but it will get better in time, and sooner than if you do not pay, or declare bankruptcy.) Your credit report will show this default for 7 years. The sooner you start, the sooner the 7 years will be over!
3. To find out specifically what you must do to raise your score, you can order your score report from all three national credit bureaus. In addition to your score<!--you'll get your credit report, an indication of how your score ranks nationally and an explanation of how you can boost your standing. http://best-loans.awardspace.com/creditscore.htm In order to improve your credit score, it's important to know where you stand currently. Despite all the media attention given to free credit reports-->you still have to pay to find out your credit score, the three-digit number ranging from 300 to 850 that is the key to your borrowing costs.
4. Check out http://www.prosper.com/
5. If you have a good job , you can ask for a loan at your credit union or Prosper. People may help you. More information at http://www.acreditlibrary.com/prosper.html and http://luccu.org