Bad Credit Agency

Is there any bank that will approve a loan for people with bad credit?

I seriously to get a personal loan but I have bad credit. Does anyone know of a bank or financial institution that works with people with bad credit. I do have a good job just bad credit. Let me know. Thanks in advance.

Public Comments

1. Not sure but watch out for Vito or the payday loan companies
2. No one gives loan to a person having bad credit, approach private financiers. They may lend. Good luck.
3. Try working on your credit. Get your report pulled, and work on the individual accounts. Sometimes there are mistakes that can be found and fixed in 30 days (actually 75% of the people that come to see me have mistakes on their credit report). Fix the mistakes by writing a letter to the credit agency (transunion, equifax or experian) they have to fix the problem within 30 days. In the letterr include your ss#, the account number and name of the account in question and any satisfactions you may have, or an explanation.
4. Yes there are banks who will give loans with poor credits too. You have to do some search on yahoo to find those. To know more you can visit http://geteasyloans.blogspot.com and http://creditcardbiz.blogspot.com
5. Today the lenders have started offering nearly all varieties of loans for people with poor credit record.They are also introducing many new loan products meant for this group. Now people with poor credit can get the same choices as those with the good or mediocre credit. Today you can use bad credit personal loans for many purposes like car purchase, vacation or even debt consolidation. But if you have some assets to offer as collateral, your chances brighten. The primary reason why people with poor credit history do not get loans is because the lenders are scared that the borrowers will default again. But if you can offer collateral, your lender is secure in the knowledge that his money is in safe hands. You have to try and meet the repayment schedule, failing which you lose the asset. If you do not have collateral, go for an unsecured personal loan, which is rare for people with bad credit. It is necessary that your credit record should be clean for an unsecured personal loan. However, some lenders can accept your case due to inevitable reasons.