Bad credit loans

Welcome chandan,

With a bad credit, though you can apply for a loan, there are high chances that your loan application will be rejected. You will either have to improve your scores and then look out for a loan or you will have to find out a person with good credit who can co-sign the loan for you.

Hi chandan!

Welcome to the forums!

In order to increase your chances to get qualified for a mortgage, you will have to improve your scores. You can check out the given page to know some steps to improve your scores: http://www.mortgagefit.com/credit-rating/credit-repair.html

Feel free to ask if you've further queries.

Sussane

The process of applying for a loan with bad credit is technically the same with those who have good credit. I suggest that you apply for a loan from regular lenders first as different lenders have different criteria of a bad credit; therefore, it would depend on how bad your credit actually is. If unfortunately, they do not approve of you, you can try your luck at companies which specialize in providing loans to people with bad credit. They would charge you more expensively though so make sure that you contact as many lenders as you can so you can choose the rate which you can afford. Read more about bad credit loans on "badcredithistories.com/have-poor-credit-but-want-to-apply-for-a-loan/" to increase your chances of getting approved.

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