My husband was looking for a personal loan (to pay off some bad debt quickly, before it ruins his score) but we can’t find anyone who specializes in Military Veterans for personal loans. I know that Pioneer Military Loans offers good loans but those are for active duty or career retired and my husband did not retire (he instead was honorably discharged after 6 years service). We live in Washington State if you know of any here.
Posts Tagged ‘score’
Are their any reputable companies that offer personal loans for military veterans?
Monday, January 25th, 2010Unsecured Bad Credit Loan
Sunday, January 10th, 2010For an unsecured bad credit loan there are a number of things you can do to better your situation and make finding a lender who will both accept your application and offer you better interest rates an easier task. You can do this by playing up your strengths and shopping around.
When you’ve had financial problems in the past it may seem that you have no positive things to put on your application, but lenders do look at other things. For instance, a strong income and a steady income. If you’ve had the same job for a few years that will help. If you’ve lived at the same location for a few years that will help show stability, too.
If there was one thing that really messed up your finances in the past have a brief explanation prepared for why that happened, lenders will care, but keep it brief. You don’t want to focus on this too much.
An unsecured bad credit loan has one major pitfall: high interest rates. Because you’ve had financial problems in the past the lender is taking a lot of risk that you won’t repay the money you’ve borrowed. You can lower this risk for them by offering some form of collateral and finding a secured offer instead, which will in return lower your interest rates considerably. Of course, this won’t work for everyone.
On the upside, paying these high rates now, and making sure you pay them on time each month, will help you build up a history of positive credit use, and will greatly help improve your score. Make sure you have a good budget set up so you’ll be sure you can handle making these payments each month.
To lower the issue of these high rates the best thing you can do is shop around for good rates. Even if you decide to look at in person locations I recommend looking at five places online so you can compare their rates and terms so you can get a good feel for what’s available to you.
To get the best deal on an unsecured bad credit loan shop around and tell your lender about your strengths as a customer.
How will opening and closing a credit card affect my score?
Sunday, December 20th, 2009My wife and I opened a credit card at Toys r Us to get an additional 15% off our order. Once it comes in, we plan on paying the entire bill and then calling to cancel the credit card. How will this affect our score versus leaving the card open and not using it?
1 Hour Cash Loans– Say Goodbye to Tensions
Tuesday, November 10th, 2009We used to apply for loan and then get the approval after so much time. But now application method and loan procedure is completely changed. Now, it is really possible to get the approval just after few hours. It will bring money to borrower very quickly. This article is about a loan that will provide cash just after 1 hour of application. The loan is known as 1 hour cash loan. With this loan you can say goodbye to your worries. The money will be arranged so easily that you wont find any trouble.
The 1 hour cash loans are short term loans. In short term loan it is allowed to provide a small amount up to $1500 to the applicant. This loan cannot provide amount more than this. This can be given for duration of 15-20 days. The applicant can repay it easily.
1. He can repay the amount back all together in one payment.
2. Applicant if do not feel comfortable paying all amount together then he can repay in small installments also. However there can be a higher interest rate if applicant pays in installments. The applicant should have all the desired qualities as needed by lender.
- The age of applicant should be above 18 years.
- He should be in good job.
- He should belong to US. He should be resident of United States.
- He should not be bankrupt.
- There should be his salary account in US bank.
People with bad score can also apply for this loan. The credit history is not going to influence lender here. The approval will not be based on it. There will be no demand of collateral also. Applicant can enjoy quick cash for his small needs. It supports best in emergency.