? asked in Business & FinanceCredit · 1 decade ago

bad credit loans?

i have bad credit but need a small personal loan with no upfront fee. Can anybody help me?

10 Answers

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  • Anonymous
    1 decade ago
    Favorite Answer

    There are plenty of places that offer loans for people with bad credit with no-hassle applications and easy requirements.

    Some of these lenders even offer 1 minute approvals, and have both secured and unsecured loans, depending on your need and situation. Check the page listed below, it has information and bad credit lenders listed off and on.

    http://www.axalda.info/bad-credit-loans.html

  • Anonymous
    1 decade ago

    Below Site is Home of the Loan for every need. Learn about Personal Loan, Student Loan, Auto Loan, Business Loan, Home Loan, Bad Credit Loans or Loan Consolidation. Search for the lowest loan rates; compare lenders, Shop for loans. Loans made fast and simple. Don't worry about Bad Credit and No Co-signer needed. No Upfront.

    http://lnk.in/56f2

  • Anonymous
    1 decade ago

    Today the lenders have started offering nearly all varieties of loans for people with poor credit record.They are also introducing many new loan products meant for this group. Now people with poor credit can get the same choices as those with the good or mediocre credit. Today you can use bad credit personal loans for many purposes like car purchase, vacation or even debt consolidation.

    But if you have some assets to offer as collateral, your chances brighten. The primary reason why people with poor credit history do not get loans is because the lenders are scared that the borrowers will default again. But if you can offer collateral, your lender is secure in the knowledge that his money is in safe hands. You have to try and meet the repayment schedule, failing which you lose the asset.

    http://pay-your-debts.com/category/Personal-Loan-W...

  • Anonymous
    1 decade ago

    People with poor credit feel that it is difficult to get personal loans. However, there are many financial companies and banks that provide loans to bad credit applicants. Bad credit personal loans are generally sought<!--by persons who want to consolidate their loans.Some banks prefer to provide loans in an incremental order. First time customers are given loans ranging from $200 to $500, depending on their net income. You can get more about personal loans here,

    http://badcredits.awardspace.com/personalloans.htm

    These customers can later apply for loans up to $1,500. Loans of greater amounts can be fetched through secured personal loans. These loans are passed by taking your property or home as collateral-->The interest rates on secured loans are lower than unsecured loans. However, there is always the risk of losing your house or property if the loan is not repaid.

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  • Anonymous
    1 decade ago

    Even though your credit may be bad, there is one website I have found and maybe the only source to get a unsecured personal loan with a credit score as low as 520. A credit community website called prosper, which is a marketplace for credit that enables people to lend money to other people in a safe, efficient manner.

  • Anonymous
    5 years ago

    Most companies tout secured loans to persons with bad credit. This requires the person that is applying for the loan to put up and asset or piece of collateral as a requirement to obtain the loan. However, if they have a foreclosure they will not have any collateral to offer. Cash or savings is usually not available as it might have been used to pay off debts. If they did have cash they wouldn’t need to apply for a loan. Secured loans would not benefit the majority of people with bad credit. You can read the answers about the same question on :

    https://answers.yahoo.com/question/index?qid=20140...

  • Anonymous
    5 years ago

    I'm confident that you will find every financial solution at= financial-care.info-

    RE Bad credit loans?

    i have bad credit but need a small personal loan with no upfront fee. Can anybody help me?

  • 1 decade ago

    People-to-People Lending. It's an old idea that's new again.

    People who need money request it, and other people bid for the privilege of lending it to them. Prosper makes sure everything is safe, fair and easy.

    Until now, financial institutions have controlled who is able to obtain credit and the rates people pay, over time, this one-sided control has bred inefficiencies and excessive margins – leading to higher rates for borrowers, and restricting people who have money to lend from entering and generating income from this vital and lucrative market.

    Prosper gives people the opportunity to take back the marketplace for consumer credit, Prosper aims to make consumer lending more financially and socially rewarding for everyone by letting the borrowers set the maximum rate they are willing to pay a lender, which prevents the loan from being funded at a rate higher than the borrower wants to pay.

    http://www.prosper.com/join/GlobalFundingSource

  • Mike
    Lv 6
    1 decade ago

    If you have bad credit, taking out more credit is the last thing you should be doing. And you will be ripped off, no matter what. You will get sub-prime terms with high interest and origionation fees.

    You could *try* a credit union.

    But what you should do is get a second job and PAY OFF all of your debt.

  • Anonymous
    1 decade ago

    A lender ready to do business with somebody with bad credit usually charges sky high interest rates; and there are some who deal severely with defaulters

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