Discovering that you have a bad credit score is dreadful. No matter what your plans were, buying a house, starting a business, getting a car, sending the kids to college, your credit score is a major player and a low one will stop you in your tracks. Traditional loans no longer apply. However, if you find yourself in this situation, be sure to look into bad credit secured loans. Read More
Tag Archives: Bad Credit Loans
Bad Credit Lenders
It is late 2010 and the U.S. economy is now supposedly coming out of its recessive slump. People are beginning to save money again and feel a bit more secure with their jobs, which translates into spending. When the masses spend money the economy flourishes. The recession did however leave many of us in a position where we must now play catch-up. Credit cards have been overused, loans and mortgages defaulted and bankruptcy has claimed millions of us. One major impact to those of us who are now climbing our way back to financial solidity was the hit to our credit scores. Read More
Getting a Loan with Bad Credit
A bad credit rating can severely restrict your options when it comes to getting a loan, or any other financial product for that matter. This is because the financial institutions use this score to gauge a customer’s risk of being able to afford the repayments. Unfortunately this means that if you are struggling with a bad credit score then you are going to find it difficult to be approved for a loan. Read More
Getting Auto Loans For No Credit
If you are someone with bad credit, low credit, or no credit then you have probably noticed all the advertisements claiming that they can get you auto loans for no credit. These dealers typically promise you the moon upfront, and then stick it to you in the back end (literally). They will say things like get a no credit check auto loan with no down payment and a low interest rate today, or something like we will finance everyone. Then they show pictures of people driving away happily into the sunset with a brand new, nice car. Read More
How to Build Up Your Credit Before You Refinance
Financial conditions are perfect for refinancing. There’s a good chance that many home owners won’t see lower interest rates for the rest of their lives. If you’re strapped with a home mortgage that has a high rate, refinancing makes sense but first, spend the time to rebuild your credit before you refinance. It could save you thousands in the long run. Read More
Log Book Loans For People with Bad Credit
If you have ever tried to get a loan from a bank and have been turned down due to bad credit or perhaps you are a tenant, then you should apply for a log book loan. This handy credit product is granted based on the value of your vehicle and you will need to own the car outright with remaining credit outstanding on it. You might want to apply for a loan up to the value of the car but in reality the maximum you are allowed is usually about half its market value. Once the loan is approved, you turn your log book or V5c document over to the financing company and when repayment of the loan is complete the log book is returned to you. Read More
Discover Unsecured Loans for Tenants
While homeowners are currently enjoying dropping interest rates on home equity lines of credit, others may be wondering if there are any loans for tenants to help them out during the economic downturn. The answer to that question is yes, but what is available to property renters depends on any other assets they may own, along with their credit score. Read More