Subprime Lending - For People With Poor Credit Scores

Lenders featured this week: From Monday (Money Aisle), From Wednesday (AmeriAdvance), From Friday (GPL)


Unsecured Loans Site Map Home Mortgages Student Loans Business Loans Debt Consolidation Payday Loans Bad Credit Loans Auto Loans










Would You Approve YOUR Loan….with YOUR Bad Credit Rating?

Would you approve your own loan if you were the loan officer reviewing your application?

Ask yourself this question if you have been denied for funding recently. Take a good close look at your finances, your payment record, your monthly income, and your monthly debt load. Most potential borrowers who have poor credit ratings rarely do this.

It’s a problem. When you have a shoddy credit rating and you keep applying for loans hoping that some bank (ANY bank) will finally take a chance on you, it damages your credit even further.

Here at OLF we recommend that applicants who have poor credit ratings, stop and take a long honest look in the mirror. Ask yourself if you would ever approve your own loan if you worked for a bank and were tasked with making a decision on your approval. If you have a FICO score less than 650, I think you know the answer.

You’re risking personal bankruptcy if you keeping down the same path you have been on for all these years.



It’s time to STOP spending. It’s time to start earning. It’s time to scale bank your lifestyle and get rid of the expensive toys you don’t really need. It’s maybe time to quit smoking, quit drinking, quit shopping just for the sake of shopping. It’s time to stay home and not a take an out-of-town vacation. It’s time to go cold turkey and get your finances under control.

Self awareness is the KEY to life all round, and it’s NO DIFFERENT when it comes to debt.

No related posts.

Non Conforming Loans In Ohio (NCLs)
As far as non-conforming loan (NCL) goes in Ohio you need to look no furthe...
Personal Loan for Surgery in Williamsburg, OH (Veteran)
This borrower is a retired Veteran of the United States Armed Services, and...
1000 Dollar Payday Cash Advance - Beavercreek Ohio
1000 Dollar Payday Cash Advance - Beavercreek Ohio - Applicant Request I n...
$1000 Payday Loan in Bowling Green, Oh - Wood Cty
This payday loan was for a young woman in Bowling Green, OH in Wood County....
$1000-$2000-$3000 Payday Loan in Youngstown, Canfield, Warren, Churchill of Mahoning Cty OH
This Ohio based applicant needs and wants a payday loan cash advance very q...
Cash Advance Payday Loan for Down Payment on New Car
This applicant who is Kerry S. wants to buy a new car from the Toyota deale...
$30,000 Car Loan for People with Bad Credit Ratings – Mansfield, Oh – Gerald J.
My name is Gerald J. and I'm shopping for a car loan in Mansfield, Oh. My c...
Home Equity Mortgage Loan in Lorain Ohio
This applicant would like to be approved for their first home equity mortga...

Having Trouble Getting a Loan?

Our editors, visitors, and moderators can help.

Use the comment box at the bottom to tell us,

- how much you need to borrow
- when do you need the money
- what kind of loan product you want
- what State you reside in

Your email WILL NOT be shared. Your privacy is not
compromised - ever.

Our site has moderators - bad moods will be deleted. ;-)

Thanks for dropping by!



A LOAN CALCULATOR; Enter your loan amount, how many years, the interest rate, and payment frequency (14 for biweekly, 30 for monthly, 7 for weekly. Very helpful so you know exactly what the loan will cost you in interest payments and you will know the total COB (cost of borrowing).

Loan Amount:

Interest:

Years:

Days between payments:
30 for a Month, 7 for Week
and 14 for Bi-Weekly. Easy!

2 Responses to “Would You Approve YOUR Loan….with YOUR Bad Credit Rating?”

  1. 2
    admin Says:

    I agree actually. The FICO number or “credit score” evaluation used by lenders doesn’t seem fair, and of course to the banks, we (consumers) are indeed just “numbers”. But that is the way it is, and why would it be any different…..money is of course the “root of all evil”.

    One thing for sure though. NOBODY is a “loser” because their credit score is bad. That is ridiculous. Don’t listen to collection agencies who tell people that they are “losers”, because as far we can see, those are the only people on the planet who think people who can’t pay their bills are “losers”. Collection agency employees are by-and-large scum of the earth (at the very least, extremely disconnected from love and compassion).

    Money has nothing to do with being a human being. A bank account balance is just a human invented “number” dreamed up by the banking industry.

    If you want to understand the reality of how money and debt works, please watch this video ALL THE WAY THROUGH;

    http://www.youtube.com/watch?v=1gKX9TWRyfs

  2. 1
    Sandy Says:

    I have to respond….Some people truly hard working honest people that are given a second chance with a loan may be your best customers. People that look at numbers and not a person are the worst possible people to work with. There are honest people with honest problems that only need a second chance. But a number cruncher can never see that. I am a firm believer in looking at the person and not the numbers! OMG, what is this world coming to – your credit score sucks so you are a loser? Think about that! My belief is in the person not the number!

Leave a Reply

Lending Categories By Ohioloanfind.com