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Many consumers who are aware of their poor personal credit standing, often wrongly assume that due to their credit score, they do not stand a chance of getting a personal loan. Instead of looking around and comparing different avenues for a bad ...

Loans for bad credit consumers - MyFinances.co.uk

Many Valley residents ended 2008 on a sour financial note as bankruptcy filings spiked in December after a lull in November. Some 1,399 individuals and businesses in the Phoenix metro area sought protection from creditors in December - a jump of ...

Valley bankruptcies nearly double - AZCentral.com

Financial Resolutions for the New Year The Pros and Cons of Buying a Car Now Fund Managers Share Lessons From Crash QUESTION : I carry a large balance on my Chase card. Previously my interest rate was at prime all round, inclusive of cash advances. I ...

Financial Crisis Answer Center - Smart Money

Cherokee is in Alfalfa County, near Oklahoma’s border with Kansas. The company, which makes livestock-handling equipment, including portable wheeled corrals, listed about $3.7 million in assets and $4.5 million in liabilities. The debtor-company ...

Wilson Manufacturing files Chapter 11 - Journal Record

Banks are encouraging the over-use of unregulated debt management plans to keep bad debts off their balance sheets and failing to give proper debt advice, insolvency practitioners are warning. Amid predictions of record personal bankrupcies this year ...

Invocas chief warns on over-use of debt management plans - Herald

The holidays are over, but for many consumers, the headaches are just beginning as the bills start to flow in. Tackle them now, because many experts say 2009 will be a tough year, especially for those who are debt-laden. If you find yourself deep in ...

How to escape the debt hole - Dallas Morning News

Hong Kong banks are likely to maintain a cautious approach to making new loans for at least the first quarter of this year, according to Peter Wong Tung-shun, an executive director of Hongkong and Shanghai Banking (SEHK: 0005 , announcements , news ...

Banks to stay cautious on lending, says Wong - South China Morning Post

The information reviewed at the December meeting pointed to a significant contraction in economic activity in the fourth quarter. Conditions in the labor market deteriorated considerably in recent months as most major industry groups shed jobs ...

FOMC Minutes Dec 15-16, 2008 - StreetInsider.com

Jan. 6 (Bloomberg) -- Following are the minutes of the Federal Reserve’s Open Market Committee meeting that concluded on December 16. A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal ...

U.S. Federal Reserve Meeting Minutes for December 16 (Text) - Bloomberg

In a last-ditch effort to save his company, Sunwest Management CEO Jon Harder placed himself and 14 individual assisted living centers — including Alpine Court in Eugene — into Chapter 11 bankruptcy. In legal maneuvering that unfolded in the ...

Open Question: Are there any UK unsecured personal lenders that have a human that looks at your application and affordability?

A few years back i applied for a loan with egg and the automated system rejected me. I was put through to the lending team who spent 40mins going through my income and expenditure and after working out affordability gave me a loan. Egg no longer do this but are there any other providers that do? more

Voting Question: unsecured bad credit loan?

Hello. I am looking for an unsecured personal loan for $1500. I need to have surgery and the $1500 is for the part my insurance will not cover. This is a medically necessary surgery. My credit rating is poor. And I am willing to pay a higher interest rate. I am NOT interested in payday loans. Any advice is appreciated.I have looked into payments and work at the hospital. This is for the doctor's fee and requires payment in full 48 hours before the surgery.I appreciate the advice but I am a medical biller and know all the in and outs of hospital financing. What I need is the name of the lender. Thanks. more

Resolved Question: I am an international student living in london. I've an unsecured personal loan that I am unable to pay.?

I took out the loan last October and have already repaid half of it. Now, the problem is that my visa is running out and there is no way I can repay the rest of the half immediately. What options do I have? What happens if I have to leave the country without being able to repay the rest? more

Resolved Question: How to repay unsecured loans worth Rs.1800000/- from various banks? Working in pvt job earning 10K monthly.?

I am single 30 years male from Pune, India. I have personal loans and credit card loans worth Rs.1800000/- from various banks. All are UNSECURED loans. I left the job and started business and share trading. I pay around 75000/- per month EMI. Since last 12 months I never missed any EMI. But, now I have losses money in business and unable to repay the loan. I am afraid of recovery agent that may be come for collection. I am planning to leave the city and want to settle new life in other place. I just want to know what action taken by the banks. If I would tell that I want two years time to repay these loans can they granted me time? Please suggest me I am very good in payments till the writing of this. I don't have any intension to be a defaulter. more

Resolved Question: What is the best way to payoff or settle my $80,000 credit card debts and bank debt?

Two months ago I maxed out all my credit cards and opened an unsecured personal loan because I needed cash for family emergency. Now I have approximately $80,000 debts from credit card companies and bank (all unsecured). After one month, I couldn't afford to make the payments. For my situation, I don't think I am able to payoff all the debt. What are my options now? When would the credit card company sue me? Can they garnish my salary? If the debt transfer to collection company, how much can I bargain off for a lump sum payment? Should I settle the payment myself or go to debt consolidation company? How many years the bad record would stay on my credit report? I live in California. I'm working full time with $50,000 annual salary. The only property I own is a free-and-clear car (2007). I might able to borrower $20,000 from my girlfriend if a lump sum payment is offered. Please answer as much as you can. Your help is much appreciated. Sincerely thanks. more

Resolved Question: What to do unable to repay unsecured loans worth Rs.1800000/- from various banks?

Voting Question: questions on bankruptcy in michigan?

I am contemplating filing for bankruptcy as my bills have gotten out of control since my son got sick and I had to take a job making less an hour. I have questions that I am hoping someone will know the answers to before I call a lawyer and get charged for answers. what happens when I file for taxes for the 2009 year if I file for bankruptcy? can I continue to work and if I do, what will happen to the money I earn? is it mandatory to use this to pay back debts? can a credit union personal loan be included in a bankruptcy if it is unsecured? can I file and choose not to add my car payment to what I am filing? any answers to my questions would be great...i am just so confused on what to do and I have no money to work with for all the bills I have. more

Voting Question: Will the interest rate drop affect unsecured personal loans?

I've read that the US interest rate has dropped significantly. I'm in the market for an unsecured personal loan, and have been offered 10.99% ($6000, 36 month). I have good credit, but I'm only 25 so my credit history is limited. Should I wait for banks to offer lower rates? more

Resolved Question: about a personal unsecured loan with poor credit?

i am looking to see if anyone has gotten a loan with really bad credit from anywhere, i do have a job but i need to find someone that can actually help me i do not want a payday loan just something where i can pay it back monthly more

Resolved Question: Can I file for bankruptcy?

I have about 110000 dollars spread out over 4 unsecured personal loans and 1 car loan. I recently quit my job and was making about 49000/year. This is only about half enough to make it. All of my bills including living expenses total up to 5000/month. I would need to make 100000/year to do it, and I am lucky to have made 49000/year. I only left the company because their are alot of shady things going on and I have been in this situation before and I did not want to be in it again, so I left the company. I am trying to search for another job, but I am out of money. I have 13000 in my bank account, I need this money to make my rent and stuff. Now I know they changed the bankruptcy laws in 2005 thats makes it harder to file chapter 7, and I made 49000 a year which is over the median for 1 person. But since I do not have a job now, what do I do? I do not have any income coming in, do you think that without a month of income coming in, I would be under the 49000? If I do Chapter 13, would I still have to pay the 110000 over a period of time? Any suggestions... should I stop making my payments? more

Voting Question: I am scared, can I file for bankruptcy?

Resolved Question: Where can someone get a $5000 unsecured personal loan with any kind of credit?

Please provide safe sources that are accessible over the internet. Thanks! more

Resolved Question: Can I purchase a co-op with personal loans, then get a mortgage on it once it's mine?

I'm looking to buy a limited-equity, income-restricted coop apartment in New York City --- this is for me to live in, not an investment. This is a good deal and I'm afraid it will go quickly. Since I just changed jobs, I may have a hard time getting a mortgage quickly. I may be able to get private loans enough to buy the property outright using them, but the interest rates would be high and I would have only 8 or so years to repay them, making the payments a bit too much. If I use the private loans to buy the place, could I then try to take out a mortgage on the unit once it's mine... essentially turning a handful of private unsecured loan into a traditional mortgage? Will the bank writing the mortgage accept the purchase price that I paid as the value of the unit? Would a bank that lends to such coops give me any harder of a time doing it this way than they would have if I was getting a loan first??? more

Resolved Question: Going for a personal loan on my own?

I've had 2 previous loans for cars - 1 I paid out early and the other I'm currently paying out now. Whenever I've gone for loans I've always had my Mum there to suss out interest rates etc, and go through the fineprint with me. This time, I'm getting a loan in secret to cover some debt she doesn't know about. What questions should I ask the bank? Should I go secured or unsecured loan (I only have a car, which they still own so I don't know how that would work!)? What do I need to know? Any help would be appreciated!!! more

Voting Question: How does credit counseling affect your credit?

My husband and I are drowning in debt. We are always on time with our payments, but the balances are so high that it is negatively affecting our credit score. We currently have about $30k in unsecured debt (credit cards, personal loans, and a large loan through HFC for $20k - that's the bulk of it). My question is this - we have really been trying hard to raise our credit scores so we can refinance our house to a better rate. If we were to utilize a service to help us pay this debt down, how long would it take? And how will it negatively affect our credit scores? Should we just try to pay it down on our own? (mind you, the $20K loan has a rate of 22% and will probably take about 20 years to pay so that would remain a constant...) Thanks! more

Resolved Question: Maximum amount of unsecured personal loan!?

What is the max amount of unsecured personal loan that a person can borrow?! Consider an excellent credit and a gross salary of over $70k annually. more

Resolved Question: With Citi layoffs should I proceed with the Citi loan discussed at http://www.thefinanceowl.com/ ? Yrs nervous?

I am concerned about the Citi layoffs of +50000 people. Should I be worried about borrowing money from citi, I had started to proceed with an application for the loan described at http://www.thefinanceowl.com/banks/usa/citigroup-inc/unsecured-personal-loans/ , but the news this week has made me nervous. Am I being silly? more

Voting Question: What happens if I default on an unsecured personal loan?

I used to be able to afford it and now I just can't make monthly payments anymore. What happens if I default on an unsecured personal loan? Is there anything they can do or go after besides bug me and ruin my credit score for 7 years? more

Resolved Question: will i get approved for a 10,000 unsecured personal loan? ?

My credit is 660 or a little higher, my monthly income is around 1500 , i don't pay any bills. where should i apply for one to get a good interest rate ? will it make a difference if i go down to 5,000? thanks! more

Voting Question: "secured" or "unsecured" debt?

I took out a personal loan, and they asked me to list with them personal assets like how many tv's and radios and such we owned. Now that they have our assets listed, is this now considered a "secured" or un-secured" loan ? I know a mortgage and a car loan are considered "secured" because you bought the property the loan is attached to. But what about when you already owned the stuff and just had it listed on the agreement? more

Resolved Question: is it better to apply for a personal unsecured loan with my wife or on my own. How to the providers look at th?

both my wife and i have a bad credit rating/history. am i better to get an unsecure loan as a joint app. or a single app. more

Voting Question: where can i get an unsecured personal loan if my credit rating is bad?

I am having trouble paying some of my debts at the moment and i urgently require an unsecured personal loan. I have been rejected from my bank due to my credit rating. I would need in the region of £2000 - £5000. I appreciate the current financial situation and that the interest will be high. Please help guys.... who can i get a loan from??? more

Resolved Question: I need a $500 unsecured personal loan, my local bank doesn't offer it, where is a good place to try next? ?

I was told at my local bank that they used to do unsecured personal loans a long time ago. So can someone tell me a bank that still does unsecured personal loans NATIONWIDE?? more

Voting Question: I am looking for places to get unsecured personal loans other than my local bank?

Resolved Question: Is there any financing option for no credit with decent jobs?

I've a personal emergency and am looking for a unsecured loan for 6k $. I'm willing to pay a decent market interest and show proof of work and pay stubs etc, I can clear the entire loan in 6 months. I moved here only about 3 months ago and so dont have a credit to get it from my Bank.Though I couldnt find help, i certainly did get some additional things to explore.I'll have to try some way to figure out a solution. more

Resolved Question: Secured inventory loan sources?

I'm looking to get a secured inventory loan. I own a small furniture store (in business 4 years, 9 months of that owned by me) that always has about 65K in inventory and I'm currently use my personal savings as working capital. I'd like to find a funding source of about 50K that is secured by my inventory to remove my personal assets/financing from the equation. All my searches for small business secured loans seem to end up leading to unsecured loans, which I do NOT want -- I don't want to personally guarantee the capital since I have all the inventory that should do that. Nor do I want a credit card advance deals. Any ideas? more

Resolved Question: Need an unsecured loan! Low 600s credit score, high interest rate debt has us in bondage. Help please! ?

Keep getting turned down but we are not behind on anything and always pay our bills on time. No defaults, no bankruptcy, relatively good and stable income, but high loan to credit limit ratio, and a couple of recent over the limits while trying to rob Peter to pay Paul, last year was behind on student loan, now caught up! Tired of having to say no to our children when they ask for the smallest things. No breathing room to even go out to eat or a show, not to mention we haven't had a vacation in over 3 years. I have a part time job that helps some. I work everyday my wife works about 50 hours per week, Missing out on my wife and kids. We are makin it but life has to get better than this. Our relationship is strained. We are gettin tired! Category Business & Finance > Personal Finance more

Resolved Question: where is the best place to get an unsecured personal loan for over $50,00 with good credit?

Resolved Question: How can I reduce debt?

I'm plunging in debt from a couple of months. I have $136,000 for Mortgage, $10000 for Personal Unsecured Loan, $ 11000 for Credit Card, $ 13000 for SUV. I am struggling to minimize these debts with $30K/Yr income but I have no idea where to start from. Please advise me the options to payback ASAP. more

Resolved Question: Sell Home on Short Sale?

I own a very nice home. It has a first and second mortgage. I can sell the home at a price that will cover the first mortgage with no problem but will leave the second short. Both mortgages are secured by the home. Should I ask the second mortgage holder to accept the short sale and then re-write an unsecured personal loan? I have never missed a payment and have a very good credit rating. Do to a job change I no longer live in the home and the home is listed on the MLS. more

Voting Question: Is it possible to get money knocked off an unsecured personal loan if you are almost finished paying it off?

The repayments are getting a little harder to meet these days so I wonder if there was something in particular to say to get your lender to agree to it more

Resolved Question: Loan f/Credit card debt?

Ok so my credit score is about 640. I have some decent credit card debt, $15000-$20,000. I want to get a loan for $6000 of it (equates to 2 of my credit cards with high intrest) I have tried to get a personal loan for credit card dept but cant get approved, even with my girlfriend co signing. ( i make 33,000 a year and she makes about 20,000). The reason seems to be b/c i have too much unsecured debt. DA! thats why i want a loan. They offer credit card debt loans but i cant get approved! So is there any company that may offer me a loan? any suggestions? more

Resolved Question: bad credit personal loans with a cosginer?

I need to borrow 15,000 unsecured personal loan. I have a credit score of 530, I have a cosigner who owns home, auto outright. Credit score is one of unique in these times it is over 700. What are my chances of getting the loan, and any suggestions on where I should apply. more

Voting Question: Are there any lenders who can take a leap of faith and lend me an unsecured personal loan?

I have bad credit due to a divorce and an ex husband that wouldn't work. I'm trying to get my finances straightened out and want to pay off everything I owe and have only one monthly payment. I don't want to pay any fees up front or be scammed. Only legitimate lenders please. If you can help me without money up front, please e-mail me at classycat@windstream.net. thank you! more

Resolved Question: HELP! I am desperate!! Underwriters, people with personal fair credit loan experiences-please respond!!!?

Here is the deal. All three credit scores are above a 640 with the highest being experian at 662. I have no late payments, 5 accounts in good standing, no public records. I am trying to get a loan for about 5-10,000 and am having the biggest problem. My debt to income ratio is 32% and I've been employed for over two yrs. When I was young and coming right out of high school-I made some credit mistakes. I have cleared and paid all of my debts from then about 3 yrs ago and have no outstanding balances. I really need this loan. So far I have went to Chase, Citi Financial and both have said No. I just don't understand what I am doing wrong. Does anyone have a clue about who I may have better luck with other than friends and family or payday loans?? I understand that I may not get the best interest rate but I thought for sure I would be able to get a loan. Please only serious answerer's and no scams. Any help would be useful at this point. I'd like to hear someone with personal experience or a loan underwriter who can give advise. Should I try American General or do you know of any other lenders for UNSECURED lines of credit or loans???? Please respond. more

Voting Question: where can i get an unsecured personal loan with bad credit?

I don't want any scammers or companies that aren't legitimate. If someone would just give me a chance you will NOT be sorry. Once I pay everything off, you can take the monthly payments right out of my checking account. I'm looking to borrow $17000. Are there any takers willing to take a leap of faith to make some money off the interest on the loan? more

Resolved Question: I am really in need of a loan to take care of car repairs and consolidate bills. ?

I need an unsecured personal loan of $15000 for bad credit ASAP. I can have the payments taken out of my account each month if that would be more convenient for the lender. I don't want to pay several hundred dollars in fees from other countries. I don't have that kind of money to send in advance of the loan. Can anyone help me? No scams please! more

Resolved Question: Where can I get a good low interest personal loan(unsecured) for debt consolidation?

I need to pay off like 5 credit cards,and 2 personal loans. I am just trying to put it all together and lower my monthly payment. Please help me with this.I have pretty good credit i guess but alot of inquiries because 2 car dealerships shotgunned my credit report around.Please no more scammers trting to give me a loan. Just wanted to know some legit loan company's that would work with someone more

Resolved Question: Where can I get a guaranteed legitimate unsecured personal loan without advance fees?

I want to consolidate all of my bills, but the only people that have answered my question on yahoo want several hundred dollars to loan me money. That sounds like a scam to me. Any suggestions? Anyone out there willing to be a lender and make some money off of the interest? more

Resolved Question: where can I get a legitimate unsecured personal loan with bad credit for $15000 without any advance fees?

I want to pay off all bills and just have one monthly payment. It can come directly out of my bank account if I can find a legitimate lender? I've been searching and have people offering me a loan for 200-300 dollars in advance and I'm very skeptical of this. Any suggestions? Help! I need the money ASAP. Thanks! more

Resolved Question: i have horrible credit and need a long term personal loan(3yrs or so). my score is about 450. any ideas?HELP?

i am looking for a lender who can lend about $15,000 unsecured and no money down. i know i most likley wont find a lender but please give me ideas to find one even if it means extreamly high interest. i'm that desperate. i already tried american general and they denied me. more

Voting Question: Where can I get a $15000 personal loan unsecured with bad credit in the U.S.?

I want to consolidate some larger bills and pay off some smaller ones, but I keep getting turned down. Can anyone help me? Does anyone have any suggestions?I have gotten information from other countries, but they want money to send me money! I just want one loan to pay off some small bills and consolidate some larger bills and get everybody paid off as soon as possible. Help! Any suggestions?I have had people to respond, but they want 200-300 dollars to loan me the money!! I've never had to pay to borrow money. Is there a lender out there that will loan me the money without asking for money up front? Any suggestions?? more

Resolved Question: I am considering filing bankrupcy, how much debt should I have to file. What are the pos and neg to chapter 7?

I have roughly sixteen thousand in unsecured credit card debt and upside down eight grand in my car loan. I am maxed out on all my cards, several months late on my cards although they have not been written off yet, I am buried under late fees interest and cannot afford to pay anything on the principal. Because of a few bad financial choices and losing my job in the housing market crash in Florida I am roughly thirty thousand dollars in debt. I am working two lesser jobs to try and make ends meat but am still drowning financially. I have maxed out on personal loans from family and friends, have applied for and been denied debt consolidation loans and have no spouse or mate to help share the burden and I am left wondering if Filing bankrupcy for such a seemingly small amount is feasable and the right thing to do when left with no other options. more

Resolved Question: Wells Fargo Unsecured Credit Card "almost" in Collections?

Ok... So I got a credit card in 2007 from Wells Fargo. It is unsecured and the amount was for a $6,000 limit. My Husband and I purchased a 22' long trailer and Xmas gifts that year. Financially, we hit hard times and I never paid a single payment on it. So, it went over limit up to like $7,000+. After we got back on our feet, I contacted the bank right before it went into collections and made an agreement for them to automtically draft $140.00 out of my account per month. At this rate, we now owe like $5,000 on the debt. The "credit card" aspect is gone, so it is just debt. We will have it paid off in like 3 years. It is showing up on my credit report as in collections. They said that they will accept a lesser amount. Any Suggestions? Please help. I know nothing about credit and what looks good/bad on credit reports, but I know that it being in collections is BAD. They said it'll say "collections" until it is paid off completely- that's 3 years. I know that after 7 years, if I paid nothing, I'd be $5,000 richer and it would disappear off my credit. Due to the fact that we also have 2 personal loans, one for my car and the other for our (HUD) house that we took out in 2006 with Wells Fargo, I wonder if I call and offer them like 1/3 or even 1/4 of the debt, if they'd accept if I threatened that I'd file bankruptcy and they'd get nothing for all 3 loans. The other two were $10,000 and we still owe $7,000 and the other was a $15,000 and we owe like $11,000. The 2 were both 5 year notes. Please help. I know it's alot to take in. We are financially set now and I DO want to pay off debt, but I want to do it so that it makes my credit look better as well. Thanks in advance :)I am not really going to file Bankruptcy. I was told that mentioning Bankruptcy increases your chances of them coming down on the amount they will accept. I just called and they said I owed $7,055.97 and now it is down to $4,955.97. She said that if I pay it all office it will say Charge-off, paid in full, zero balance. The settlement amount offered right now is $3,469.17 but I would have to pay the IRS unearned income tax on anything over $600.00. Right now, the debt is simply debt. There is no interest being added AT ALL. So I am tempted to keep paying $140.00 per month. But, if there is a lesser and shorter way out. I am all Ears :)ALSO, If I do decide to settle, does the 7 years start from today or does it start from the date it was "charged off" which was 1 year ago? more

Resolved Question: the first car purchase?

I am doing a report about getting a new car in Australia. There are 3 alternatives: 1. purchase car outright with cash 2. purchase car with 20% down and a 48-mth loan 3. lease the car I would like to know which factors are necessary to be considered. For the 1st option, is there any benefit by purchasing car outright with cash? All what I can come up with are a lower purchase price and tax benefit, but not sure... Any downside for this option? For the 2nd alternative, current interest rate for unsecured personal loan is definitely necessary. There is a question: if Reserve Bank decreases interest rate, will it affect interest rate for personal loan? Leasing a car seems to save money. It that correct? more

Resolved Question: Is there any way out of our financial nightmare?!?

This is a long one so bare with me! About 3 years ago now my partner and I bought a flat. We were first time buyers and had no savings but were desperate to get on the property ladder so we decided to get a 'Together Mortgage' with Northern Rock. This meant we got a mortgage and an unsecured loan at the same rate of interest so we were able to pay a deposit and also clear some of our credit card debts. We were happy with the deal at the time and quite confident that house prices would continue to rise (which they did for a while) so that when we came to sell, we would be able to pay off the mortgage and the loan and hopefully have some equity as well. Unfortunately, my partner had a bit of a problem with personal debt and despite having paid off his credit cards with the unsecured loan when we bought the flat; he continued to use them until he got into a situation where he was struggling to meet the minimum payments each month. As you can imagine this caused a great deal of stress. We decided the best option was for him to contact a financial management company and enter into a payment plan. It’s not an IVA. They explained that he would not be able to obtain any credit whilst he was in the plan which was fair enough, and they negotiated with his creditors so his interest rates were frozen enabling him to pay back the debts much quicker. He'll be debt free in 18 months. What they failed to mention to us though, was that this agreement means that he has defaults on his credit file. We didn't know this until he's been in the payment plan for over a year. This was at Christmas when we attempted to get another mortgage. Our fixed rate deal with Northern Rock was coming to an end and they wanted ridiculous amounts of money for us to go onto another fixed rate deal. However, as we had a 115% mortgage and my partner has a bad credit rating, we tried everything, even putting the mortgage in my name, but we couldn't get another mortgage. So we stayed with Northern rock on their variable rate mortgage and although we are paying an extra £150 per month, touch wood, it hasn't gone up this year. My question is though, how on earth do we get out of this situation? We are nearly 25 now and I don't want to be stuck in a one bedroom flat forever. I want us to move forward in our lives but I don't see how we can with our huge mortgage and my partners bad credit rating? more

Resolved Question: Unsecured startup loan for an LLC?

If i was to be approved for an unsecured loan for a business venture and my company was an LLC, and for some reason the business venture failed. The bank will naturally sue me to reclaim my assets. But they cannot touch my personal assets such as my home or car if the loan was aquired through my company right? more

Voting Question: How can I get an unsecured personal loan with bad credit?

Does anyone know how to get an unsecured loan for $7500.00 or more with bad credit, from a school loan thats old. Is there any lenders anyone can recomend that I may try to use. I can't afford to pay a high fee right now, If I could find one that takes it out of the loan let me know. I need the money to help get the school loan out of default and get a place to live. I do work but only make $1300.00 take home. anybody got any suggestions. I'm in need of some help very quickly. Thanks all......................... more

Voting Question: Does anyone legal offer personal unsecured loans for 10,000 payments being about 170.00 a month?

Banks,credit cards Etc. more

Resolved Question: Anyone else been through this ???

I received a phone call from a Mr. Chan or Chin August 13. He stated that he represented “LSO” which I am assuming is the same fraudulent company calling themselves LOAN SHOP something or other. He stated that they received information from TCF Bank and that I would be given 24 hours to resolve this matter. I don’t know who these people are. They somehow got a hold of my checking account info as well as my banks routing number and attempted to pull $320 from my account. I put a STOP PAYMENT on it and closed my accounts. Scam companies give themselves away by how general and vague they are with their threats. In this case, he stated that “information was sent to him from TCF Bank”. This “info” was merely the STOP PAYMENT. It seems to me that his vagueness was to lead me to believe that TCF sent them my routing and account numbers, which they would NEVER do. What this crooked scam company does is sit in the “shadows” and wait until people apply for loans on an unsecured website, and steal their information and attempt to pull money from their accounts, claiming that they “owed them” this money from over due accounts from years ago. That, by the way, is another detail that gives these thieves away. Whatever “account” they say is overdue will always be “from years ago”. The further in the past they claim it to be, the more they can argue that you simply have “forgotten” about having gotten a loan through them. What they can NEVER explain, however, is why a company who is legitimately owed money would wait three or more years to attempt collection. They use crud means to find out names of the targets family members, former addresses if available, former employers, and whatever else they can dig up to sound more on the level. They use this information to scare the target into payment. What I have personally found out is, they know how illegal their practices are and once you call their bluff, they back off for a while. This guy called me over a year and a half ago threatening me, my brothers, my mother, and my father. He rattled off all their names, he even knew my brother’s newlywed wife’s name. What confirmed my suspicions was when he named my 2 year old niece. This obviously was info he obtained through my brother’s personal record at work or something. There is no legitimate reason a collection agency would know anyone’s name in a client’s family. These people are leeches on society. They have no ambition in life other than easy money. They have no business or social skills and no education which makes itself apparent when they “attempt” to be a real company. They use intelligent words, only, they use them in the wrong context. Hearing business-like, intelligent sounding words spoken with an urban/street accent is almost hilarious. They actually think they are fooling people. What’s more, is when you challenge their claims, they immediately lose their cool. They get angry and argumentative. This guy even called me a “knucklehead”. I asked if he could explain why his “company” was splashed all over the “Rip-Off Report”, an online site that exposes scam companies. He simply said “Because they are a bunch of deadbeat losers who don’t pay their bills” I am sorry, but, this is something a legitimate business representative would NEVER say. These people need to be stopped. It’s hard to believe that it seems to be “legal” to do what they do in their “cherry-picking” unsecured websites. This is stealing, plain and simple. It is no different than if you walked into someone’s home and took a wallet or purse. Going into someone’s bank account without permission is breaking and entering as far as I am concerned and pulling funds is burglary. more