Loans With Poor Credit

Posted by admin on June 18th, 2009 at 12:00am

Question:
Searching for loans with poor credit rating due to sending applications for loans, is there a loan for me without consulting a broker?
Since I have been denied in the past by the more common big lenders and banks, it has ended up with me having to apply for high interest loans, primarily through brokers who charge to find you a loan or charge a fortune in telephone calls while taking first, second and third applications. My credit report as far as I can tell is clear apart from my applications i have issued over the last few years which have really turned against me. Could anybody help or know of any lenders who would be willing to assist me with a loan or perhaps even a bank account wherein I may be considered for a loan?
Thanks.

Answers:
I am not knowledgeable the situation clearly enough to state that I could help you, but there are a number of my clients that I have assisted in situations where they have needed loans with poor credit. It is usually with a hard money lender, with steep interest rates if your credit score is less than 500, as big as 14%. But if your credit score is more than 500, you might be able, all other factors being where they should be, to obtain a good interest rate.
Maybe you have not had the correct broker, or maybe there are too many negatives against you, but I can’t tell which.
As for the telephone calls, you should get them to call you, not the reverse way around. Apply over the internet. Believe me, we want to contact you, and you should not foot the telephone bill. We brokers need to earn our salary, if they are genuine, from what you pay, not through the lender we put you with.
If you have any other questions, or want any more information, email me or look at our website.

Tocada in charlotte can assist you. Furthermore, you do not pay brokers, as they are paid through the company that issues you the loan. if you were forced to give money, they were shady to be frank. have you attempted a credit scrub?

Under Loans for Bad Credit