I have bad credit, have been denied by my bank, how can i get a personal loan?
2hott2handle asked:
i’m in need of a personal loan, but have bad credit. i tried going through my bank, but was denied. can anyone help with suggestions? i also have been approved by torcan financial, but am leery after reading some comments on here about them being scam artists.
i’m in need of a personal loan, but have bad credit. i tried going through my bank, but was denied. can anyone help with suggestions? i also have been approved by torcan financial, but am leery after reading some comments on here about them being scam artists.
I have found a site that has HUNDREDS of options for loans and credt!
INSTANTACCESSCREDIT.COM
Check out, basically people lending other people money.
But quite frankly, if you have bad credit, you probably shouldn’t be getting a loan until you fix your current situation–it will only make your credit worse if you can’t pay it.
Watch out for scams. Posting publically that you are looking for a loan, especially if you say you have bad credit, will make you a target for a number of “offers” from scammers.
if your credit is poor going to bank isn’t the best place. try some finance co’s that specialize in loans for folks with tarnished credit like cit-financial or a local credit union.
talk and talk. Credit Score is not all they look at, must meet minimum debt service ratios, your cosigner if you have and they look your job. I found interesting information about your answer THE BEST loans with a low interest rate & options here.
I began dealings with them because they offered a relatively good interest rate and became suspicious after I thought about it. So, I called Phonebusters (they are part of law enforcement) to check them out. After about 30 minutes on the phone giving the officer information he explained the Torcan was essentially a criminal organization and if I handed my money over I would have never seen it again. The company is under investigation and I encourage you (and the others on this thread) to contact Phonebusters. Not only can you register your complaint, but they will tell you what you need to do to keep your identity safe. In my case I filled out the application and corresponded by Fax, so they have a lot of valuable information.