a kid out of high school has no credit because they are fresh meat so to speak. The older you are and the less credit you hve it is actually worse than bad credit. I was told that for a large loan like a mortgage you need 4 sources of credit, one large and 1 over 1 year old the rest van be new. I.E. Auto loan (1+ years) 2 credit building credit cards (at least 6 months of good track record) another credit card or cell phone through a major carier (usually requires a $200+ deposit) with a good payment record for 3+ months
by myindigostar - 13 hours ago
The only other way I know of is to have someone with good credit co-sign for you. It would have to be someone who thinks highly of you and trust you, because he stands to foot the repayment, should you default on the loan.
by WC - 13 hours ago
I saw your Question requiring a loan. Why don"t you approach a private lender?I got my loan from a certain agency.Their interest rate of 0.2% is simply great..Why don"t you try there?You can contact them with their email,email@example.com,firstname.lastname@example.org.
by Susan F - 13 hours ago
"If you are worried about your poor credit history then you will not get any credit. There are many lenders who provide loans to people whose credit record is bad, but at a higher interest rate. You can get bad credit loans from some lenders quickly and easily. Before you apply for a bad credit loan, there are some points you should first take into account. The only eligibility for the bad credit loan is poor credit history. To increase your credit score, ensure that the details of your loans are sent to major credit bureaus. "
by sharp m - 13 hours ago
You will need either a co-signer or a guarantor acceptable to the credit card company.No credit as almost as bad as poor credit, so why not start with a small secured credit card and build up your credit by paying on time with automatic debits to your bank account when payments are due. Add the odd extra payment now and again and pretty soon, they will offer you a larger perhaps unsecured card.
by Ted - 13 hours ago
you need a miracle.
by lifetime rocker - 13 hours ago
may be u have , to get loan i hope dis ill helps u.
by sam p - 13 hours ago
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