Personal Loans, Bad Credit, VA Status?
I have a credit score of 595, with an active, open line of credit right now, which is in good standing. My credit score is reflected from a few medical bills, and basically never having anything in my name. My soon to be ex husband is in the same boat, with a slightly higher credit rating. I'm a disabled veteran that receives compensation benefits each month, and he is active duty military. Recently our son was injured, and will have a series of 10 surgeries. He just had the first one, and two days later we were informed that we're going to have to pay for some of the cost up front, even with what insurance is paying. We have paid for our son's second surgery, and it completely broke us (we were already going broke due to us divorcing, and being in the process of moving to separate states.) We have jointly applied for every loan that we've found trying to obtain $6,500. In our 9 years together, we have taken out several small loans ($3,000 and below), paid them all back on time, and was never late, but now cannot find a lender anywhere. Please someone help! Is there any lenders anywhere that will loan around $6,500 to a disabled vet, active duty military, or both, with the credit scores of 595 and 615? We're desperate, and literally had to sell my wedding rings, that we had still planned to save for our daughter, just to get our son through surgery number two with eight more to go. Any help is appreciated. Thanks!
Can i get a small boat loan with no credit?
No, not unless you have someone to co-sign for you or a major down payment.
How to get a used boat loan?
WOW! We all have our own experiences for sure. My experience has always been the banks are more then happy & willing to loan you money as long as they feel good about getting it back. That is after all, how they make their money. If I were you and your Dad has bad credit, I would never have my name associated with his on any kind of credit application or document. It is that simple. No credit is 1000 times better then bad credit. You want a bank loan for a boat - go to a couple of banks and ask for one. It is that simple. Now, I've always been under the impression a bank is more then willing to loan you more then enough money to send you down a slippery sloop to bankruptcy. Furthermore, my philosophy is a "boat" should be the very last thing in the world someone should buy on credit. Your 1st loan should be for a car, 2nd for a house, and 3rd for a boat - boats should be purchased only after you have plenty of "discretionary" income, (in other words, after you pay yourself first (by putting away 20% of your take home pay in savings, and then make your car payment, then your house payment and have paid all your living expenses, bought your clothes and toys, and had your fun) then, when you still have all this "extra" money left over at the end of the month - buy a boat. If you don't work it that way, you'll find yourself with bad credit someday as well.
I want to take a loan for a boat with a credit score of 682??
Yes Jason you can ge the loan. Based on my experience this payment will be about $1000 a month. With your income your should probably pass unless you plan to live on the thing. I grew up in a boating family and my dad had a saying. "All a boat is, is a hole in the water you pour all your money into." Consider the price of gas, upkeep, acessories and insurance and this becomes a poor investment at this time. Consider a smaller boat or wait untill it is less of a drain on your income. Good Luck!
Where can I apply 4 a PRIVATE Student LOAN with BAD CREDIT and NO COSIGNER?
Try this website: www.fafsa.ed.gov/ I have horrible credit, but I have been back in school since 2003 and have used student loans to pay for it all. Keep in mind that your student loan has to be paid back, and the school's financial aid department CAN put you on financial aid hold or probation depending on grade point average and the percentage of classes you complete. You have to fill it out once a calendar year, and use your income information (tax return). This is also the place you can apply for the Pell Grant (that doesn't have to be repaid). The website listed above has a FAQ section. Check it out
Wheres a legit loan company for very bad credit?
Why do people who can't be trusted like to use the word 'legit'?
If you have a bad credit, is there's a chance for you to be able to get home equity line of credit?
When it comes to credit, people tend to get to caught up in the FICO score, don't get me wrong it is very important, but almost equally important is the DTI (debt to income ratio) I have seen people with a 680 get approved and people with a 720 get turned down. Credit is more individual than people realize. Everyones idea varies on what "bad" credit is too. A heloc is much easier to get credit qualified for than most personal loans because you are putting your house up for collateral, and most of the time people are using the money for one of two things, home improvements, and debt consolidation, both of which are seen as a good thing to the underwriters, as oppose to going out and buying a new luxury item like a boat and incurring more debt.
How can I get an RV on payments with bad credit? I work, but I’ve just had some problems in the past.
Buying an RV is the same as buying a car, in fact you can often find RVs for sale on car lots.Having bad credit is common now days so don't worry about it. Just save up your money and buy a used RV and then fix it up as you get more money. You can buy a used RV for as little as $1000.00 and still livable.