Bad Credit Loans

Question: Where to get a bad credit loan ?

(Posted by: jasonrhs06 on 2010-01-26 09:34:04)

My credit isent really bad just poor and my brother does not have much history or he would cosign. im looking to finance a used motorcycle and before anyone jumps and says i should not finance a toy its not. i have a car but may end up selling it cause i got a dwi but it has not gone to court there is a good chance it will be dropped but if it does not my insurance will sky rocket but it wont on a motorcycle and anything i finance under 10k on a bike does not have to have full coverage. also gas will be way cheaper. i have 2 good jobs and know i can afford it i have some to put down looking for about 4, 500. any ideas ?

Posted by: Tony on 2010-01-27, 17:03:14

Credit-report-free.totalh.com - try this service to boost you credit score before getting loan. After credit repair you can get the loan with minimal interest rate.

Posted by: Kon on 2010-01-26, 14:33:51

Most lenders would willingly give a loan to someone with bad credit who has a job or collateral because they can charge you a much higher interest rate than someone with good credit and if you did default then they could take any collateral you pledged. for loan quotes https:/ / loansandinsurances.com/

Posted by: Sandy on 2010-01-26, 17:51:36

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Posted by: Horse on 2010-01-27, 05:46:50

Many times, you will want to secure a loan but you cannot because of many reasons, of which the most notable is a poor credit score. Fortunately, you have the option of taking out a bad credit loan from many financial establishments like banks and credit companies. quickloans.we.bs/ So, what is a secured bad credit loan? Basically, it is a loan made against collateral - also called a security deposit - such that if you default on a pre-determined number of monthly payments, said collateral can be legally taken away from your possession and ownership. Collateral can take many forms although cars and homes are the most common while jewelry, valuable coins and other collectibles may also be accepted.

Posted by: ohzee on 2010-01-27, 12:25:37

I like the website below ezbadcreditcarloan.com because besides getting you a car loan, they show you two other things you can do after you get you loan to help raise your credit. I think motorcycles are ok too. Since you will now be paying on a new bad credit car loan, your credit will start to improve and it is a good time to dispute other derogatory or bad things on your credit report and get them taken off which will raise your score even more as well as create awareness of where you stand by knowing all 3 of your major credit reports.

Posted by: sarahsmile90 on 2010-01-28, 13:37:34

Even with bad credit loans are available. Lenders will look at your income(usually want to see $1800 monthly), credit profile, time on job and your debt to income ratio. With a motorcycle I have no idea how it works, go to a dealer and ask. You may also want to try your own bank or credit union for financing first. Good luck.