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Personal loan for a Person with Bad Credit.

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LIPrincess
Foxy Lady

Member since 6/05

1610 total posts

Name:
Jaimie

Personal loan for a Person with Bad Credit.

My friend is trying to help her credit and consolidate her bills. She only needs a loan for 8000.00 to get rid of everything, but her credit is bad and lending tree turned her down.

Can you recommend another site that you've heard about or used. Please feel free to FM me with the information.

TIA.

Posted 6/11/09 10:49 AM
 
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ave1024
I Took The Wrong Road

Member since 12/07

6153 total posts

Name:
That Led To The Wrong Tendencies

Re: Personal loan for a Person with Bad Credit.

Lending tree has very easy restrictions on granting credit since they poll a bunch of financial institutions.

If her credit is that bad, she is probably going to get denied everywhere.

Best bet would be to try a credit union as they may be more forgiving. Like Teachers or Bethpage.

Posted 6/11/09 11:03 AM
 

DayDay
Livin' the Good Life....

Member since 9/06

5939 total posts

Name:
Dayna

Re: Personal loan for a Person with Bad Credit.

I know that for the credit union I work for, we won't give loans for debts already gone bad. So it may be difficult for her to get a loan anywhere.

Posted 6/11/09 11:24 AM
 

jellybean78
:)

Member since 8/06

13103 total posts

Name:
Mommy

Re: Personal loan for a Person with Bad Credit.

Unfortunatley for your friend in this day and age finding any kind of loan with bad credit is going to be hard to come by.

Usually the credit unions are more flexible than the big banks. She can start there.

Posted 6/11/09 12:11 PM
 
 

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