When you have a poor credit history, you will generally not be eligible to receive a loan from a bank or traditional credit lender. However, there are other loan options available. All you need to do is show that you can repay the loan by presenting evidence of a regular income.
- There is no sure way to guarantee that your loan application will be approved. If you are considering applying for a loan and your tribal loans guranteed approval credit history is not perfect, keep the following tips in mind:Check the eligibility criteria before applying.
- Lenders have established eligibility criteria that you can check on the review pages of finder.com. Check if you meet these criteria and, if you are not sure, you can call the lender to analyze your situation.Order a copy of your credit file.
- While you may think you have a clear idea of your credit history, your credit file is the only true record of your financial history; And it is what the lender will use to judge your creditworthiness. the major credit reporting agencies in the US. USACompare your loan options before submitting your application.
Each application you make will appear on your credit file, so be sure to compare your options before submitting an application to minimize the number of applications you submit.
If you have a positive credit history (generally a minimum score of 680 or higher) you may be eligible to receive a loan from a bank, credit union, or independent lender at a more competitive interest rate than providers who lend to people with a history negative credit. You may be able to borrow up to a limit of $ 5,000 without providing any collateral.