dainesmile12
First Time Poster
Cash: $ 0.20
Posts: 1
Joined: 02 Oct 2010
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Thank you, this is good news for other visitors
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Sat Oct 02, 2010 5:04 am |
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Adria.John
Preferred Member
Cash: $ 32.60
Posts: 162
Joined: 20 Apr 2010
Location: UK
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Before you write off the possibility of getting a business loan with bad credit, try talking to a bank or other funding source. Some people think they have horrible credit when, in reality, it’s not as awful as they think.
You don’t need perfect credit to get a business loan. People with fair credit may be able to find someone willing to extend a line of credit. Unless you know for sure that your credit is really bad, it’s worth trying.
Loan Expert!
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Thu Oct 07, 2010 11:35 am |
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jason_simpson
Preferred Member
Cash: $ 28.45
Posts: 142
Joined: 20 Apr 2010
Location: London
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Just because you have bad credit today doesn’t mean that you’ll never be able to start a business. A bad credit small business loan may not even be needed.
Sit down and figure out if you can start in some small way without any seed money. While it’s difficult – impossible for some – there are stories of successful small business owners who have done just that.
If not, then be patient and establish good business credit. In a few years you won’t need to worry about finding a business loan with bad credit, because your small business will have established an excellent credit history.
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Thu Oct 21, 2010 9:06 am |
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shaunsmithzig
New Member
Cash: $ 1.60
Posts: 8
Joined: 21 Aug 2010
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Hi,
Its not a big deal now a days to get loans for people with bad credit, CCJs, arrears, bankruptcy. If you will search online you can get many such webistes who offer same day loans for people with bad credit. I think this is one of easy way to get quick loans without any hassle.
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Fri Oct 22, 2010 7:33 am |
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Artur.K
First Time Poster
Cash: $ 0.20
Posts: 1
Joined: 22 Oct 2010
Location: Eastern Europe
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| Bad Credit or be a creditor. |
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Hello there,
I think that my 5 years of experience in this market will some how help you to get what you want.
I have opened a business and it help me to learn and build a relationship with the costumer. But to open my business I didn't have any money. I have red Robert Kiyosaki RichDPooD book and one the fraze that stuck in my head was don't be taking from the bank be a bank.
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Fri Oct 22, 2010 12:31 pm |
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Adria.John
Preferred Member
Cash: $ 32.60
Posts: 162
Joined: 20 Apr 2010
Location: UK
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quote:
Originally posted by shaunsmithzig
Hi,
Its not a big deal now a days to get loans for people with bad credit, CCJs, arrears, bankruptcy. If you will search online you can get many such webistes who offer same day loans for people with bad credit. I think this is one of easy way to get quick loans without any hassle.
Yeah! Although most people who avail payday loans belong to the lower echelons of society, payday loans are also offered to average and rich people. In fact, there are a number of average to rich citizens who are applying for payday loans from time to time. This is used to cover up for their miscalculations during budget planning and to pay for fees that were not anticipated. It is also a myth that payday loans are availed by people with poor credit. Often times, people would have reached their credit limits at the end of the month. But it is also at the end of the month where unexpected expenses arise. Thus, these people result to availing payday loans.
Loan Expert!
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Sat Oct 23, 2010 10:00 am |
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Roksana
Full Member
Cash: $ 10.30
Posts: 59
Joined: 26 Oct 2010
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If you have made some mistakes in the past as far as your credit is concerned, brace yourself for the facts about bad credit loans. You should first try to assess just how bad your credit is before you hit the panic button though. Very often, bad credit items that appear on your credit report can be challenged and sometimes removed. In addition, mistakes on your credit report can have an adverse effect on your credit score, shunting you into the category of a high credit risk. Items that are good news for you but do not show up on your credit report or on one or the other of the credit reporting bureaus' file on your credit history, can cost you some valuable points. Last, but not least, taking bad advice from well-intentioned relatives or friends can lower your credit score, making you a candidate for bad credit loans.
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Mon Nov 01, 2010 4:30 am |
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Mkatz78
New Member
Cash: $ 1.00
Posts: 5
Joined: 21 Jan 2011
Location: Phoenix
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If you have bad credit, try asking your lender if they accept collateral as a form of credit. They'd rather have something concrete worth a lot of money to pay them off if you mess up rather than a higher payment that you could run away from.
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Fri Jan 21, 2011 4:10 pm |
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marketeye
Member
Cash: $ 2.00
Posts: 10
Joined: 25 Jan 2011
Location: Atlanta, GA
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Bad credit loans have high interest rate compared to conventional loans. Though such loan offers people with damaged credit history a good financial option in cases of emergency, the lenders can increase the rate even for minor payment lapses, or worse, seize your property as collateral.
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Wed Feb 09, 2011 10:06 pm |
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rimmyporter
New Poster
Cash: $ 0.40
Posts: 2
Joined: 09 Mar 2011
Location: usa
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| Bad Credit Loans |
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Bad credit loans are loans to poor people access to credit records or no credit history. Even if you have bad credit on a same day, you can find company online, will lend you money, but you will often pay more, because you are a high-risk borrowers. You will find bad credit loans can be divided into several types of categories.
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Wed Mar 09, 2011 7:37 pm |
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misaelwade
Member
Cash: $ 3.00
Posts: 15
Joined: 14 Mar 2011
Location: london
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Bad credit offers a wide range of loans like,auto loans,personal loans,credit cards.They provide a variety of bad credit home loans.
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Mon Mar 14, 2011 4:04 am |
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rob86
Member
Cash: $ 2.20
Posts: 11
Joined: 15 Mar 2011
Location: UK
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Money borrowed that is usually repaid with interest ... Line-of-credit loans. The most useful type of loan for a small busines...
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Tue Mar 15, 2011 7:51 am |
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Offshore-Wealth.com
Senior Member
Cash: $ 14.80
Posts: 601
Joined: 20 Jul 2005
Location: FREEDOMLAND
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| BUSINESS LOANS NON EXISTENT FOR MOST WITH GOOD Or BAD CREDIT |
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Interesting,
Given the collapsed economy, banks are not loaning to even good credit businesses in last couple years, so if you have bad credit, forget it, I doubt you will find anyone who will lend you money to start a business.
Success to all,
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Tue Mar 15, 2011 8:39 pm |
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