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    filtersabre's Avatar
    filtersabre Posts: 1, Reputation: 1
    New Member
     
    #1

    Feb 15, 2010, 08:44 AM
    I need a 10,000 unsecured personal loan and I have bad credit
    I have bad credit and need at least a $10,000 personal unsecured loan. I'm recently divorced and want to start my new life on a clean slate. I already met with a lawyer and I do not quality for bankruptcy and was given advice from my lawyer to stay away from debt consolidation company's. I just need one company/bank to give me a chance to start over, but nobody will. Any idea who might give me this chance?
    Curlyben's Avatar
    Curlyben Posts: 18,514, Reputation: 1860
    BossMan
     
    #2

    Feb 15, 2010, 08:46 AM
    Honestly, in the current financial climate, you have zero chance.
    The minimum any company would be looking for is some kind of security to off set the $$ value.
    DownUnder's Avatar
    DownUnder Posts: 492, Reputation: 24
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    #3

    Feb 15, 2010, 10:52 AM

    Why do you not qualify for bankruptcy? But there is no way based on what you have told us will you get a loan for $10,000. If these are personal debts try to work on paying them off even if it means cutting out everything but the basics like rent food utilities. Just a thought,
    With the economy as bad as it is banks are really tight with their lending
    DownUnder's Avatar
    DownUnder Posts: 492, Reputation: 24
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    #4

    Feb 15, 2010, 05:08 PM

    Something does not sound right, a person would have to be crazy to give out that information here! This site is for advising people! Not trying to give some poor soul a loan that has bad credit. Come on now, don't try to scam us!
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
     
    #5

    Feb 15, 2010, 07:42 PM

    OK, first why did you not qualify, in general it has to do with debt to income ratio, if you don't owe much and make a lot of money that is one reason?

    But beyond maybe 500 dollars from a high risk local loan company, or maybe a few hundred from a payday loan place, sorry,

    Can you get a second job to help pay your bills.

    1. why did they tell you that you did not qualify
    2. sadly many bankruptcy attorneys are not up on the laws, I found this out personally when I interviewed some last year. * I asked 5 the same question, and I asked the local bankruptcy trustee. Only one of the five attorneys knew the answer to the question ( it was a simple one on time limits)

    So doubel check with another attorney to be sure.

    If you have a lot of credit card debts, you sometimes can settle with them,
    DownUnder's Avatar
    DownUnder Posts: 492, Reputation: 24
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    #6

    Jul 23, 2010, 04:52 PM

    This post needs to be deleted! We are not here to provide free advertizing! More than likely this is someone trying to pull a scam

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