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I have really bad credit. i need a loan of $4,000 ASAP no less than 5 days. What can you recommend? Thanks?*

Answers:

1) I'm sorry, I wish I could recommend someone. By you having bad credit, with no collateral, it's going to be nearly impossible. Or closel Good luck.

2) Possibly you might get it from relatives. It would have to be from someone who would not reasonably expect the money back, for what assurance could you give that you would ever repay? It also helps in posting this type of question to mention the details surrounding your situation. In some cases, there may be other solutions. For example, if it's for school, there may be financial aid. Just an example. Or the situation may not be as urgent as you suspect. For example, if you can't pay your taxes in one lump sum. Beware of internet moneymaking schemes. They'll usually take money rather than give it in the end.

3) It is highly unlikely that you will get a loan for 4k in five days....so try to consider what your alternative choice will be. Most of the time people that have bad credit have not paid previous obligations so to try to convince someone that you will pay this one will be an uphill battle. I agree with the poster above that your best bet will be trying to convice someone in your family.....

4) There is a small chance that you will get a loan that quickly with bad credit. Best to ask family or friends, maybe through several people you could come up with that amount. If you have a credit card, you could get a cash advance but check your credit limit and the interest and fees first. You could also try to sell personal possessions, like furniture, through craigslist, to raise the money.

5) Most lenders would willingly give a loan to someone with bad credit who has a job or collateral because they can charge you a much higher interest rate than someone with good credit and if you did default then they could take any collateral you pledged. for loan quotes http://www.loansandinsurances.com/

6) Relative or friends probably know that you have bad credit, so they are not going to give you a gift loan.

7) try prosper.com eloan.com Today the lenders have started offering nearly all varieties of loans for people with poor credit record.They are also introducing many new loan products meant for this group. Now people with poor credit can get the same choices as those with the good or mediocre credit. Today you can use bad credit personal loans for many purposes like car purchase, vacation or even debt consolidation. But if you have some assets to offer as collateral, your chances brighten. The primary reason why people with poor credit history do not get loans is because the lenders are scared that the borrowers will default again. But if you can offer collateral, your lender is secure in the knowledge that his money is in safe hands. You have to try and meet the repayment schedule, failing which you lose the asset. http://www.pay-your-debts.com/category/Personal-Loan-With-Bad-Credit.html

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