December 16, 2008

Where can I get a personal loan for credit repair?

I would like a reputible company, I am trying to repair my credit for a home loan.

If you get a personal loan from a local bank and make your payments on time your credit score would go up over time. If you already have bad credit consider a secured loan (requires collateral of some sort). However, the positive factors from this loan would take some time (6 months to a year) to actually improve your credit score. If you are just thinking of getting a loan for quick improvement then do not do it, as getting a personal loan right before applying for a home loan might show that you are over extended.

A site I've used for info in the past …

http://debt.knowledged.info/credit_card.html

Hope that helps.

powered by Yahoo answers

Filed under Credit Repair by Brendan

Permalink Print Comment

Comments on Where can I get a personal loan for credit repair? »

January 23, 2008

variance75 @ 10:34 pm

Social lending requirements are generall lower than bank underwriting and since they all report to bureaus it still increases your credit if you pay on time. Try the following sites.

prosper.com
zopa.com
virginmoney.com
References :

January 25, 2008

Melissa B @ 5:51 am

If you get a personal loan from a local bank and make your payments on time your credit score would go up over time. If you already have bad credit consider a secured loan (requires collateral of some sort). However, the positive factors from this loan would take some time (6 months to a year) to actually improve your credit score. If you are just thinking of getting a loan for quick improvement then do not do it, as getting a personal loan right before applying for a home loan might show that you are over extended.

A site I've used for info in the past …

http://debt.knowledged.info/credit_card.html

Hope that helps.
References :

Leave a Comment

You must be logged in to comment

Gardening | Wedding | Travel | Hunting