Where to apply for loans with bad credit? cant borrow money

Discussion in 'Borrow Money' started by Romario, Aug 9, 2016.

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  1. Romario

    Romario Newbie

    Does anyone know where to apply for loans with bad credit. What I'm looking for is a consolidation loan to clear all my credit card and private debt in one go so I don't have to pay so many bills every month. I think my credit score has suffered because I have so many credit cards and I've been shifting debt through balance transfers to save money on interest. I now want to improve my credit score because I want to eventually think about getting a mortgage. Does anyone know where to apply for loans with bad credit, I'm looking to pay no more than 10% over 3 years and I do not want to secure anything to the loan. Thanks
    admin likes this.
  2. admin

    admin Administrator Staff Member

    Admin Post
    The best way to proceed when you need to apply for loans with bad credit is to get a copy of your credit file. Once you know your credit score you can match loans according to your creditworthiness. Before you consider applying for loans with bad credit you should try and repair your credit score as much as you can because you'll be eligible for superior products. Some of the simple tricks to boost your credit score include

    1. Have settled credit accounts in your credit file
    2. Pay more than the minimum payment each month
    3. Pay 7 days before the due date
    4. Don't apply for more credit
    5. Stop transferring credit card balance
    6. Fix discrepancies on your credit file
    7. Disassociate yourself from other people with bad credit
    8. Get on the voters list
    9. Don't get overdrawn
    10. Don't miss a payment

    Here is a list of companies where to apply for loans with bad credit.

    1. Best for Really Bad Credit: BadCreditLoans.com
    2. Best Secured Bad Credit Loans: Springleaf Financial
    3. Best Peer-to-Peer Bad Credit Loans: Peerform
    4. Best Unsecured Bad Credit Loans: Avant
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