If you have ever been denied a loan in the past due to poor credit (bad credit history) or bankruptcy, Loans.net has a special selection of lenders that specialize in providing bad credit loans. In other words, these are lenders who offer loans to individuals who are trying to rebuild their credit history.
With online approvals and instant decisions, you could be on your way to obtain the fund you need when you need them.
Your credit score can impact many lending decisions, including purchase of large ticket items, such as a home or a car. Most of these purchases would involve a loan in some form (mortgage loan, car loan, etc.), which in turn would depend on your credit score.
Unfortunately, many individuals do not check their credit scores regularly. Credit score (FICO Score) is computed by all three major national credit bureaus -- Equifax, Experian, and Transunion. As a starting point, you can contact these three bureaus to obtain a copy of your credit report and evaluate your credit standing. By law, you are entitled to receive one free copy of your annual report every year.
Once you have reviewed your credit report, contact the bureaus to correct any incorrect or missing information. Even with bad credit, you can still benefit from our qualified network of reputable lenders who specialize in lending to individuals with poor credit. Once you are approved, you can start repairing your credit simply by repaying your loan on time.
As the economy continues its downward spiral, individuals with poor credit are often the ones to be the hit the hardest. While many sites refuse to offer loans for people with bad credit, we have a different approach. Our assorted selection of lenders will serve you with pleasure, irrespective of how your credit score looks like.