Bad Credit Car Loans

Car Loans for people with bad credit

Car loans for people with bad credit score are mainly given as two options i.e. secured and unsecured. Under a secured loan, the car or any other collateral needs to be pledged as security with the lender. Secured loans often carry a lower rate of interest and are also easily approved due to the collateral being placed. Unsecured loans for cars generally have a higher rate of interest as there is no collateral and hence the risk to the lender is more. Both these loans are generally provided for a time ranging between 5-7 years. Clearing some of your old debts can improve your credit score, which may in turn fetch you lower interest rates when you are applying for auto loans   Read More

Bad credit student loans

Easy finance for growth and education

Bad credit is more often than not a problem for all finance-seekers who need money to fulfill their needs. But when the question of education arises, the concept totally changes and it is easy to obtain finances even inspite of bad credit. Bad credit student loans cater to all the needs that these borrowers students have. The borrowers can take up these loans for their needs which arise when they decide to take up higher education. The needs that can arise for the students are tuition fee, boarding and lodging, examination fee, laboratory fee, stationary expenses, buying a computer etc. All these needs are important to be fulfilled and this can be easily done through the student loans which are approved inspite of bad credit   Read More

Bad credit home loans

Getting a home loan with bad credit or after bankruptcy

When your credit report shows that you had a bankruptcy on it, it can be very difficult for you to obtain credit in certain areas such as; credit cards, buying a car, and even purchasing home. And it gets even worse – this type of huge black mark on your credit report can keep you from getting a job, and credit scores are now used to determine your car insurance premiums, where people with bad credit pay higher premiums. There are many people who believe that because they have a bankruptcy on their record, they are unable to buy a home. What most people do not realize, is that they can get a home loan even after filing for bankruptcy, it is not as difficult as they think it is. What most people don’t realize is that their home is their collateral where a home loan is concerned. There are many lenders out on the market today that are willing to work with people that have bad credit or less than stellar credit scores  Read More

Bad credit mortgage

A bad credit mortgage is a mortgage product designed to aid people who have had problems with credit is the past, the lending criteria varied from allowing one or two missed payments to lending money to bankrupts and repossession cases. They would invariably have high interest rates and lend on a low LTV, loan to value, of the property which ensured high profits for the lender along with security on the property  Read More

Bad credit auto refinance

Bad credit auto refinancing is a relatively easy process. There is still a large possibility for getting auto refinances even when the applicant has a bad credit standing. In the end, the results may be as beneficial as a good credit auto refinance.  Read More

Bad credit home equity loan

A bad credit home equity loan is a loan that helps secure funding for a person who has bad credit but has also built up a reasonable amount of equity on his or her home. Equity refers to the amount of money that has been put into a home or a piece of property and in times of financial distress, it is possible to take out loans that are based on the amount of equity you have. Often your home will be offered up as collateral to secure the loan. Home equity loans are also referred to as second mortgages  Read More