I need a loan with extremely bad credit?

+1 vote
asked Dec 29, 2017 in Other-Finance by Jakobi (220 points)
I need a loan with extremely bad credit?

I need a loan to pay for some car repairs but I have extremely bad credit?

Are there any loan companies that would give me a loan with my bad credit?

1 Answer

0 votes
answered Jan 7 by Shelde (4,380 points)
Most loan companies will be reluctant to loan any money out to someone with bad credit. Especially someone with extremely bad credit.

I would say maybe a secured loan but with your extremely bad credit it may be impossible for you to get a loan without having a cosigner who has good to great credit.

Maybe ask a family member or friend that has good credit if they'll cosign a loan agreement with you?

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