| The WOF - on Bad Credit Loans |
Go here for lawsuit loans. Go here for debt consolidation. Go here for student loans. Go here for mortgages. Go here for home equity loans. Bad debt is a great reason for getting a bank loan, but there are many other reasons people with bad credit need financing. I briefly touch on these issues here. One of the most common misconceptions I see, when helping people with bad credit, is they tend to think they don't have a fair shake from lenders - It's not that cut and dry.
That is true in some cases, but generally, lenders and banks only lend money to consumers that can truly afford to make their payments, AND afford to maintain their existing lifestyle. If your credit is badly damaged and you need a loan for a car, house, education or consolidation, you understand the frustration of facing unfair interest rates. Many financing companies treat people with bad credit poorly.
They crank up their interest rate and then act like they are doing you a favor just because of your bad credit rating. The banks use the Fair Isaac database/system to classify your rating and approve your high interest loan all in one breath. If you don't like the way you are being treated by your local banks you can use the internet. Since you are reading this that means you likely have a bad credit rating and you are considering the benefits of an online loan.
Lending money to people with bad credit is not as risky as most banks want you to believe. The statistics show that the majority of people with bad credit are secure credit risks. Why.....because they don't want anymore hassles and they are usually dedicated to fixing their credit rating. A defaulted payment sure won't help them on their way back to a good credit rating. So when you are in a position to negotiate your interest rates you need to be aggressive. Don't assume that because you have bad credit you deserve whatever interest rate they offer. This is what I kept in mind when I built this financing resource.
Calculating Bad Credit Financing
If you have bad credit, you must be prepaired to pay a higher interest rate than an applicant that has good credit. Here is a typical example of a loan using a high risk interest rate.
Repayment Schedule (Biweekly or Monthly): Monthly
Length of time: 3 Years (36 months)
Interest Payment: 13% (typical APR for bad credit borrower)
Loan Principal: $15,000
Loan
Calculation Results
Total amount to be paid: $18,005.69
Total amount of interest $3,005.69
Payments: $493.31
You can see how much this loan will cost in interest - over $1000 dollars a years for three years.
Join Our Mailing List
To use our directory of over 50 lenders you can join our newsetter to recieve the list over a period of 3 days. You will get an email with the full list of over 50 lenders in 3 days. After that you have Lifetime access. You can then apply for a bad credit loan at will. We do NOT make a commission from any of these lenders.
We do not recieve ANY kind of compensation from any of the lenders when your loan is approved. We make no guarantee that one of the lenders will approve your loan, because let's face it - some borrowers have really bad credit, no job, no home equity, and no collateral whatsoever.
Your email is never sold or given to other entities. You can unsubscribe at any time, and you will not be sent an immediate email after using the form directly below. ----> Back to top
|
|
Fill Out an Application Form for Our Survey (USA Borrowers Only)
To use our directory of over 50 legitimate lenders, you can also get right to it and fill out the application form. The application must be filled out in full, or the list will not be provided to you. We need to have the information for the purpose of a survey we are conducting on bad credit loans. You do not fill out your SSN (social insurance number), street address, or name on this application form.
We use this information to better understand the challenges our visitors are having when it comes to getting approved for a loan, and your data is used to build valuable articles for our visitors on our sister web sites. Your personal information in not asked for, and your privacy is perfectly secured. Do not provide information in the form regarding your street address, real name, and city/town - you can mention the State or Province you live in if you so desire. We just require your actual story for our writers and editors to use in case study releases. The more detail the better. If you decide to use your real name and address, our editors will edit it out.
Please fill out the form below without the use of your name, location, and personal information. (you can mention your State or Province) ----> Back to top
Purchase Our Lender List ($29.95) (USA Lenders Only)
This is the fastest way to get our list of legitimate lenders. Just click the Buy Button below and purchase our list. You can download your list as soon as your payment has been successfully completed. We accept; Visa, Mastercard, American Express, or Paypal. Over 90% of borrowers are succesfully approved for their loans, but please understand that there is no guarantee that one of the lenders on the list will approve your loan. We can no longer guarantee that all of our customers will get approved for the following reasons;
1.) Some purchasers/borrowers are under 19 years old.
2.) Some purchasers/borrowers are not employed.
3.) Some purchasers/borrowers do not fully disclose all of their financial information.
4.) Some purchasers/borrowers don't follow the instructions given before applying.
If for any reason you are not approved for a bad credit loan, the WOF does not refund the intial fee of $29.95. We are providing a full list of legitimate lenders that do approve loans to bad credit borrowers, so you have to use it. Some borrowers have used our list, got approved, and then claimed to not get approved. Because of this, we no longer offer a warranty. Please understand this before purchasing. ----> Back to top
Some Important Information On Bad Credit Loans
The WOF has a list of over 50 lenders. There are three different ways to have access to this list. Click to read more information on the three offers below. We find legitimate lenders who service borrowers with bad credit ratings. None of these lenders are Payday lenders. None of these are lenders are pawn shops. None of these lenders are shady. None of these lenders are fly-by-night. Over 90% of the borrowers who use our list get approved for financing. Note: This list of bad credit loan providers service the United States only.
1.)
Purchase
the List
- Purchase our list of legitimate lenders and apply online immediately.
(Fastest with Lifetime Access)
2.) Join
our mailing list - Join our newsletter - receive list in
3 days with follow-up alerts.
3.) Fill out application form - Fill out the application form for access to the lender list. (THIS IS A SURVEY ONLY - PLEASE BE DETAILED)
Lending Product Categories
|
|||
|
Privacy, Disclosures, Terms of ServiceDisclosures | Privacy Policy | Terms of Service | About Us | Contact | Site Map |