looking for a loan with very bad credit?
I live in the uk, i have recently split from my ex and had to move back home, i was left with quite alot of debt after the split, which i have now cleared. but this has also left me with a very bad credit rating. i now have no debt at all, but i'm looking to get back on my feet. is there a lender out there which would lend me 5k no matter what?
Public Comments
- the downside of borrowing from "no matter what" lenders is the interest is astronomical - sometimes at 300% - this is usually not disclosed at the time of taking out the loan. I wouldn't touch them with a barge pole!
- Do you have a local Credit union? often they are more lienent if you explain the siutation.
- Why borrow? You are out of debt, stay that way. Live within your means now. Where is the need for borrowing. Just accept what you have and live with that. Don't be false. There are three things one should always deal with immediately and get rid off. Fire, debt and disease. They are all deadly and are the source of suffering. Learn just to live within your means and life will be much better in the future. If you don't have the finances to get or do something, then don't get it or do it. Simple living high thinking. You are just going to start the vicious circle all over again. You just got out of debt. Now you want to get in it again. WOW! What kind man? Whooo! Be debt free and sleep at night. Take care. Best wishes. GOURANGA GOURANGA GOURANGA
- Oh Dear you are in critical need of money. And i am sure that there are many lenders who would like to help you. Ofcourse they earn from the money they lend you. Since you have a bad credit no banks nor famous lenders will lend you money. The only option available for you is internet based bad credit loan lenders. These lender loan for bad credit and the interest rate is very mush appreciable. You can get loan from these people and repay them. The only problem is whom do you contact. For this i advise you to choose in internet. I say this because it is easy and safety. And more importantly it will save you a lot of time and money. So do a search and apply online. I hope http://loan-guides.net will help you in getting a bad credit loan.
- It is a Common situation many people have met,therefor,calm down,and check the resource i found useful.http://home-mortgage.online-tips4u.info/free-home-loan.htm
- If you have a bad credit history still the loan market place is full of lenders who are ever willing to offer you a fresh loan. But you should be meeting some conditions laid down by the lenders. Loans for bad credit people are in fact easier to get then they were ever before, thanks mainly to cut-throat competition amongst the lenders. Lenders are giving loans to the bad credit people who have late payments, payment defaults, arrears, county court judgments or any credit problems. These loans are available for any purpose like home improvements, purchasing a new or used car of your choice, for wedding and holiday tour, debt consolidation or for paying child’s tuition fees. http://loan--house.blogspot.com/2008/03/bad-credit-loans.html Every lender in approving loans surely likes to see if the bad credit borrower has sufficient capacity to repay the loan in timely manner. If the borrower earns well, has regular bank balance, has been an employee for some years and has a convincing loan repayment plan in place, then the lenders do not usually hesitate much. So ensure that you have adequate repaying capacity before applying for a loan. Also, you should first check your credit report for any errors. If your credit score is too low then you would be charged a very high rate of interest. So it is advisable to first pay off some easy debts to improved credit score and then you should apply for loan at better rates. http://loan-house.we.bs/badcreditloans.html
- You can find all you need here http://www.bettercredit.co.uk/bad-credit-loans.php
