Does anyone know where I can request a private loan with bad credit and no co-signer? I have really bad credit and trying to repay my debts. No bank would lend me money because of my debt / income. Is this a private loan application help me at all? If yes, where should we go for a private loan?
It is never a good idea to borrow money to repay existing debt. That's what you should do: Make minimum payments on all your debts except the smallest debt, and being attacked with a vengeance. Once you have that you paid, then go after the next smaller, and so on. Live on less money than you can. Once you pay your debt last, so do not borrow more money. In this way, it does not matter what your credit score is.
Does anyone ever give a person a real answer? Flag
I agree that it is a bad idea to borrow more to pay debts. You may want to consider bankruptcy as a solution to your problem. You can get a fresh start that way. Private lenders are good for creating companies with not much credit, not to people deeply in debt to the debt of households.
http://free-credit-info-now.com/index.ph ...
You have serious problems, because you can not or do not pay your bills, and now you want to take on more debt? Getting deeper in debt does not help. Even if you use the loan to pay the debts of others, you are still paying interest on this point, and probably over a longer period of time.
Rather than make things worse, to repay the debt you have. Do not waste your time and money looking for a way out - race of dupes. Stop spending money you do not!
Posted on April 5, 2010.
