Posts tagged "expect"

Good Loans With Bad Credit

When you have bad credit, getting a loan is almost not an option anymore. Luckily, though, it’s possible to still make it one of your choices. Knowing where to look into is key. However, if you want to redeem your credit score, you need to start one way or another. Here are some things to keep in mind when you’re looking for loans with bad credit.

Expect that you would not be given low interest rates, never expect this. Whatever might have happened, you are to blame for your low credit score. High interest rates happen to be one of the consequences for your previous financial mishaps.

Steer clear of major banks, as well as lenders. They are apparently the most accessible ones, but unless you’ve been a member of a small-town bank for 20 years, they will be the last ones to consider you.

Go for lenders that focus on bad credit. Give it a rest for a while if you find it really hard to find a lender that will work with you despite your bad credit. If you really can’t find approval for a bad credit loan, wait a few months and then you can try your luck again. This is the best solution to such financial dilemma.

There is no magic formula that you can use in getting approved for loans with bad credit. You only have to take your time, know every option, and find what works best for you. I’d love to tell you that it will be okay and that you’ll get that loan right away, but that’s pure lie. You won’t know what you’re eligible for unless you give it a try, and it may take quite a stretch of time for you to get back on track with regard to your credit report. Don’t give up until you go all in, effort-wise, and wait for the best.

Be the first to comment - What do you think?
Posted by Trevor Jones - March 23, 2013 at 12:37 pm

Categories: Credit Score Articles   Tags: , , , , , , ,

My credit score is 737. What should i expect for an APR on a new car?

Question by syrendyr: My credit score is 737. What should i expect for an APR on a new car?
i’m looking for a 2010 SUV and I don’t want to have anyone run my credit and ding it before am 100% about what i want to get.
Also: What is a good SUV for gas mileage?

Best answer:

Answer by Toni
Is that a FICO score?  If so that is a great score.
From Money Magazine.
Scores higher than  740 to 760 are really not necessary.
You will get the best rates with these.
You are so close.
Make sure any credit card you have is paid in full each month to bring that score up.
Or at least make sure you are not using more than 30% of your available credit limit.
Carrying balances on credit cards can easily damage ratings.
There are some poeople out there with scores of 800 just with credit cards – it can be done.
Credit.com Credit Score Calculator
Fico Score Estimator.
You must pay in full each month for those top scores.

Note:  Many experts on CNBC are predicting gas to hit $ 4 a gallon this summer – some $ 5 a gallon.
These are professionals that study the markets day in and day out.

We just bought a little cheap new car because we know this is coming and things are going to get rough, very rough.  Please ponder this just for a few minutes – the future could be bad, very bad when it comes to gas prices…

Give your answer to this question below!

2 comments - What do you think?
Posted by Trevor Jones - March 21, 2013 at 1:00 pm

Categories: Credit Score Questions   Tags: , , , , , , ,