is there a way to get a bank loan with bad credit?
Question : is there a way to get a bank loan with bad credit?
Need some fiancial help and I don’t have good credit at all. I need to know a way that I could get a loan being that I have terrible credit. I am in dire straights and need a solution.
bad credit bank loans
Best answer:
Answer by Dash
Try the bank where you have your checking account. the bank can set up automatic repayment right from you account. If they will not give you a loan then no others will either
Unfortunately, it is way too easy to get a loan with bad credit. That’s what led to the economic collapse we are seeing now. Too many banks made loans that people never paid off.
Just about any bank will give you a loan if you own anything of value like a car or house. If you can’t find one that will, there are places called ‘paycheck loans’ or ‘money stores’. If you have a job, they’ll loan you money even if you don’t own anything of value. Their interest rates are really high, but they will loan you money.
You could also go to a pawn shop and pawn a few items if you own any smaller items of value like jewelery, watches, furniture etc. They will loan you money. If you don’t pay it back within their time-frame, they sell the item you pawned. On the plus side though, the ones I’ve dealt with don’t have any interest rates.