Home Equity Loan
Is there a good way to get a bad credit loan?
I need a loan of approximately 30,000 dollars. I work full time (long hours) so getting a second job isn't reasonable. I do own a condo, however, my father is part owner. I'm not sure if I'm comfortable getting a home equity loan.
Public Comments
- For that large amount of a loan, you would probably have to put up the condo as collateral. You might as well get the home equity loan. The interest rate will probably be lower anyhow. Good luck.
- Do not pledge your home to the banks. You will lose it.
- Many lenders, banks in particular, deal in any sort of secured loan other than second mortgages. Other institutions deal almost exclusively in secured loans. Finance companies that deal in secured loans can be found in your phone book, newspaper, and increasingly, online.Shop<!--around and compare interest rates on loans and the terms of repayment with several different lenders. You'll find many internet sites that let you request a loan rate quote from multiple lenders at once. You may find bad credit loans here, http://best-loans.awardspace.com/ Once you've submitted a request for a loan quote, you'll be contacted by representatives from several companies-->and can get a good idea of what each can offer you in terms of interest and other finance charges and fees. Choose the best one for your needs, and apply for the loan.
- Try your luck here: http://www.longdogfinance.co.uk/bad-credit-unsecured-loans.html
- Bad credit is one of the worst problems to have... however there exists a solution. I will hereby talk from my personal experience. I did debt consolidation a couple of years ago, however If I had to do it again I would pay to some minor details, if someone wants to get out of debt today it is pretty easy with a debt consolidation plan, however it may get a bit tricky at times, I suggest you get as much information as possible online on this first, a good place to start in my humble opinion is astraight to the point ebook with question and answer I found : http://www.counselingcreditcarddebt.com
- I would contact LOCAL agencies NOT any of these guys trying to solicit you here on answers. ~jennifer Helping others create income from home through education of the system and how it really works.
