Loans For Bad Credit

Posted by admin on June 19th, 2009 at 12:00am

Question:
Where can I look for loans for bad credit? I have tried looking everywhere but have been rejected for every type of loans?
I have tried all the loan companies all over the place and have been rejected by all. All I would like to do is build my credit score to be larger. I have been searching for a loan to consolidate and I have been rejected for those as well. Can I get assistance?

Answers:
Pay the debt off that you already have which has made your score low, and that should help increase it. Borrowing is not reimbursing, it’s just displacing the debt.

I went with a company called Chruchwood Financial to consolidate my credit that I have. They make you cancel your current bank account and start up with a totally new one. I happened to move to a new home in this time and all the mail for my bad credit went to my mother’s place and my good credit went to my new home. I was able to get a egg card and a card with capital one. One bit of advice: Every month two hundred fifty dollars comes out my account to pay for my old owings to consolidate them. That’s a lot of fun, clohting and even a mortgage payment. I will be making payments on that for a long time. It certainly was not worth the bad credit and being skint to get a fast thousand to go on vacation. A second piece of advice, the companies like welcome finance and others that say they will give you a loan when not one other company will is because they have very large APR. They depend on people like us that need the credit to be their customer. Let me put it this way, I got!
a thousand dollar loan when I was eighteen, I then topped it up with another thousand dollars I was paying them a hundred ninety a month, after two years I though hey wait a second I had doubled what I borrowed and still giving it back. My advice is now when I’m totally broke and need some money.. i take on a second or third job as a waitress or barmaid for two months or so and earn my thousand dollars. It feels a lot better to spend that. If i could do anything over it would be all those stupid loans i borrowed when i was young!

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