Bad Credit Agency

why do you have to pay a company to search for lender for a bad credit personal loans? do they really work?

Public Comments

1. Well it's because you're a high risk aka "tough to fit" client. So they have to search diligently for a lender who is willing to take a chance on you. Especially now a days this is getting harder with the tight lending practices. They work, it's just that some companies are more interested in commissions (tacking on more interest to your already sky high interest rates) than others. Do some searching of your own and see what you come up with.
2. you don't have to pay for a company. I found one that asked me for a payment of $700.00 up front. (wexford financial not legit) If they ask you for money up front it usually indicates that it is a scam. Make sure you check all places through the better business bureau to ensure they are ligite before you send anyone any money. When i called the BBB they said no company should ever have to ask for money up front. Be careful poor people like myself are at risk for scams.