Where can i get business loans for blacklisted people? want to start a business

Discussion in 'Securing A Business Loan' started by Unclear1982, Jul 28, 2016.

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  1. Unclear1982

    Unclear1982 Newbie

    I'm looking for business loans for blacklisted people. I want to start a business because I'm absolutely fed up with the 'rat-race' and need to take responsibility of my future. I've tried so many banks for a business loan but every time I'm refused. I've got bad credit bad this is ridiculous, I guess I'm on some sort of blacklist which is preventing me from getting a loan. I don't want to pay too much in interest but I wanted to know where I could get a low interest business loan for blacklisted people. Any ideas?
    admin likes this.
  2. admin

    admin Administrator Staff Member

    Admin Post
    Blacklisting is illegal in most states. Looking for a business loan for blacklisted people is irrelevant because a blacklist should not exist.

    In the past Financial Companies checked employer records to approve credit cards and loans.

    Employment Laws on
    Blacklisting state Employers aren't always satisfied with just firing workers; they occasionally set out to keep them from getting hired elsewhere. Trying to prevent someone from working again is blacklisting. The action is illegal in some states and punishable as either a crime, civil offense or both.

    I don't think your on a black list, instead I think you have poor credit and you should be able to do something about this. Once you've repaired your credit you should be able to apply for a personal loan or business loan with better terms.

    Some of the tricks I used to boost my credit score are listed below. Try some of the tips below, it could make all the difference.

    1. Have a few settled accounts on your credit file (Pay Off Full Balance)
    2. Go through credit file and remove old debt and fix inaccurate information
    3. Get on the voters list
    4. Remove unwanted financial associations that are holding you back
    5. Pay more than the minimum payment 7 days before the due date
    6. Don't transfer your balance all the time

    Once you've repaired your credit here are some of the best bad credit personal loan lenders that 'might' be able to help.

    Best Bad Credit Personal Loans
    (1) BadCreditLoans.com [Short Term Lending / 230% - 2330%]
    (2) SpringLeaf [ Borrow $1,500 - $10,000 / 25% - 36%]
    (3) PeerForm [ Borrow to $25,000 / 7.12% - 28.09%]
    (4) Avant [ Borrow to $35,000 / 9.95% Typical APR]
    (5) NetCredir [ Borrow to $10,000 / 35% - 299%]
    (6) PersonalLoans.com [ Borrow to $35,000 / High APR]
    (7) OneMainFinancial [ Borrow to $15,000 / HIGH APR]

    The original thread with all the information can be found here.
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