lakeesha Hennessy Williams answered
A loan should be easy to find online for your individual circumstances, as long as you have a job and a bank account.
However, the loan you can
apply for will only be for a small amount - so it depends how much you want to borrow and what you need the loan for.
Loans you can apply for if you have a bad credit rating
Personal secured loans for larger amounts may be available to you if you are a home owner as the house will be used as collateral and insurance against the loan.
If you do not keep up the repayments you may be at risk of losing your home though. These types of loans are given to people based on their individual circumstances and not based solely on their income.
1. The first place to go to is to the bank where you have your checking account and see if they can help you.
2. Go on the internet and search online for personal loans from lenders who will accept people with bad or imperfect credit. These lenders will not carry out a credit check so your chances of being accepted are usually higher than if you went to a bank.
3. In many cases you can be approved for the loan the same day.
4. You can apply for a loan of up to $5000.
5. You must be 18 years or over and you must be in full time employment.
6. You must have a checking or savings account.
7. You then need to fill in an online application form on your chosen lenders website with your personal information such as name, address, date of birth, employment history and financial details (bank name, account number, how long you have been with your bank etc).
8. Once you have completed the form full you can submit your application to your chosen lender.
9. You will usually hear fairly quickly as to whether you have been approved for your loan, usually within a few hours.
10. Once your application has been approved the money will be deposited directly into your account.
This is usually all done the same day.
However, the loan you can
apply for will only be for a small amount - so it depends how much you want to borrow and what you need the loan for.
Loans you can apply for if you have a bad credit rating
Personal secured loans for larger amounts may be available to you if you are a home owner as the house will be used as collateral and insurance against the loan.
If you do not keep up the repayments you may be at risk of losing your home though. These types of loans are given to people based on their individual circumstances and not based solely on their income.
1. The first place to go to is to the bank where you have your checking account and see if they can help you.
2. Go on the internet and search online for personal loans from lenders who will accept people with bad or imperfect credit. These lenders will not carry out a credit check so your chances of being accepted are usually higher than if you went to a bank.
3. In many cases you can be approved for the loan the same day.
4. You can apply for a loan of up to $5000.
5. You must be 18 years or over and you must be in full time employment.
6. You must have a checking or savings account.
7. You then need to fill in an online application form on your chosen lenders website with your personal information such as name, address, date of birth, employment history and financial details (bank name, account number, how long you have been with your bank etc).
8. Once you have completed the form full you can submit your application to your chosen lender.
9. You will usually hear fairly quickly as to whether you have been approved for your loan, usually within a few hours.
10. Once your application has been approved the money will be deposited directly into your account.
This is usually all done the same day.
