Question : How can I get a personal loan if I have bad credit?
Hi. I am currently trying to obtain a personal loan of AU $10,000. My income is $60,000/pa through a steady job and I can easily make the repayments. However, over 2.5 years ago when I moved house - I left a $200 mobile bill unpaid. In between now and this time I have settled the bill with my old mobile provider. The problem is, even though I've settled the bill ... I still have a black mark against my name on my credit rating which says that while the amount has been paid.. it was well overdue. Because of this, I can't seem to get my personal loan with any of the major banks. Is there any other way I can obtain the loan through any other lender .. the only type of 'bad credit' loan I can find is for people already severley in debt (which I'm not) .. and only seem to offer 'consolidation loans'. Is there anywhere that is likely to lend me the money? Thanks.
- asked by methinks27
All Answers:
Answer #1
You can't, you just have to wait out the period oftime, I think its five to seven years, you cancheck with the people that refuse to give youcredit. After that period then your record will beearsed and you will be able to get credit again.Just for the record you never not pay the peopleyou owe money to because its a high price to payas you are finding out.
- answered by Bruce
Answer #2
use
http://www.wesayes.com best lenders for badcredit
- answered by bali
Answer #3
Bad credit is one of the worst problems to have...however there exists a solution.I will hereby talkfrom my personal experience.I did debtconsolidation a couple of years ago, however If Ihad to do it again I would pay to some minordetails,if someone wants to get out of debt todayit is pretty easy with a debt consolidation plan,however it may get a bit tricky at times, Isuggest you get as much information as possibleonline on this first,a good place to start in myhumble opinion is astraight to the point ebookwith question and answer I found:
http://umgarticles.atspace.com/debt-consolidation.htmif it helps kindly remember me in yourvoting!.. cheers!
- answered by gabriel s
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