When You Require a Bad Credit Personal Loan
-
Upload
badcreditresources -
Category
Documents
-
view
48 -
download
1
description
Transcript of When You Require a Bad Credit Personal Loan
![Page 3: When You Require a Bad Credit Personal Loan](https://reader036.fdocuments.net/reader036/viewer/2022072012/56812a26550346895d8d2126/html5/thumbnails/3.jpg)
In fact, many banks and lending companies choose individuals with good
to excellent credit.
![Page 4: When You Require a Bad Credit Personal Loan](https://reader036.fdocuments.net/reader036/viewer/2022072012/56812a26550346895d8d2126/html5/thumbnails/4.jpg)
If you are in the same situation, consider the following tips on how you can get approved
for a bad credit personal loan.
![Page 5: When You Require a Bad Credit Personal Loan](https://reader036.fdocuments.net/reader036/viewer/2022072012/56812a26550346895d8d2126/html5/thumbnails/5.jpg)
#1: Order a Copy of Your Credit Report
Order your report from each of the three major credit bureaus.
If you have not received your free credit report for this year, you can request for your free annual credit report from www.annualcreditscore.com.
![Page 6: When You Require a Bad Credit Personal Loan](https://reader036.fdocuments.net/reader036/viewer/2022072012/56812a26550346895d8d2126/html5/thumbnails/6.jpg)
#2: Consider Other Options
You can surely enjoy a much lower interest rate if you borrow from someone you personally know.
To avoid complications, put everything into writing including the interest rate and the repayment terms.
![Page 7: When You Require a Bad Credit Personal Loan](https://reader036.fdocuments.net/reader036/viewer/2022072012/56812a26550346895d8d2126/html5/thumbnails/7.jpg)
#3: Check Out your Bank or Credit Union
You are most likely to acquire a bad credit personal loan with a lower rate from a credit union than with a commercial lender.
You should also ask your personal bank if you can be granted a bad credit loans.
![Page 8: When You Require a Bad Credit Personal Loan](https://reader036.fdocuments.net/reader036/viewer/2022072012/56812a26550346895d8d2126/html5/thumbnails/8.jpg)
#4: Compare Bad Credit Loan Deals
Do research online and compare bad credit loan deals.
Avoid bad credit loan lenders which actually do not have a license to operate and are bound to violate the lending laws of your State.
![Page 9: When You Require a Bad Credit Personal Loan](https://reader036.fdocuments.net/reader036/viewer/2022072012/56812a26550346895d8d2126/html5/thumbnails/9.jpg)
#5: Be Careful with Payday Loans
If a payday loan seems like your only option at the moment, you need to be aware about the risks.
Keep in mind that you should be able to pay back the loan within 30 days or earlier if possible so you can avoid the extremely high interest rate associated with this type of loan.
![Page 10: When You Require a Bad Credit Personal Loan](https://reader036.fdocuments.net/reader036/viewer/2022072012/56812a26550346895d8d2126/html5/thumbnails/10.jpg)
Read more:
When You Require a Bad Credit Personal Loanhttp://www.badcreditresources.com/articles/when-you-need-a-bad-credit-personal-loan/
For inquiries about:
Personal Loans for People with Bad Credithttp://www.badcreditresources.com/bad-credit-personal-loans.html
Or: Bad Credit Personal Loans and Youhttp://www.badcreditresources.com/articles/bad-credit-personal-loans-and-you/
![Page 11: When You Require a Bad Credit Personal Loan](https://reader036.fdocuments.net/reader036/viewer/2022072012/56812a26550346895d8d2126/html5/thumbnails/11.jpg)
Contact us:
http://www.badcreditresources.com/
https://www.youtube.com/user/badcreditresources
https://www.facebook.com/BadCreditResources
https://twitter.com/BadCreditExpert