I Desperately Need a Loan But I Have Bad Credit - Please Tell Me What To DO!

I Desperately Need a Loan But I Have Bad Credit

I recently received an email from a reader, the subject of the email read I desperately need a loan but I have bad credit. The reader needed a loan to pay off some old debts which were mounting up. 

The reader also wanted to know where he could get very bad credit loans because all the normal banks had refused him. 

I really wanted to help this man sort his financial affairs so I offered him the following advice.

I Desperately Need a Loan But I Have Bad Credit

Hello Dan,

I read your email 'I desperately need a loan and have bad credit'.

The best place to get a bad credit loan is through Better Loans Mutual, you can check them out below. Applying for the loan takes 3 minutes and you could have the money in your account tomorrow.

I understand you want to take out the debt to settle older debts which need to be repaid as soon as possible.

From what I understand you've been refused loans everywhere else.

You have two requirements...

You need loans for bad credit with no guarantor because you have don't want to use someone else's credit history.

You also want to know where to get loans for bad credit from direct lenders.

Steps You Should Take

Here are some steps you should take before you consider taking out any form of lending.

Step 1: Complete an income and expenses form to see how much disposable income you have left at the end of the month. If you have no income left you will not be able to afford the loan and will get in more trouble.

Step 2: Get a copy of your credit report and see if you can make any changes to improve your credit score. With small tweaks you may be able to change your credit score from Poor to Good, this would allow you to borrow money easily.

Step 3: Ask the Creditors for more time. If you cannot afford to pay back the existing loan you must let the creditors know so the interest can be frozen and a payment plan can be put in place.

Step 4: Consider a free credit counseling service. Debt Counselling can help you get out of debt. If you can't afford your existing loans you must get in touch with a debt counselor to help you.

If you can afford the loan and are a U.S. Citizen aged above 18 you could apply for a loan from Better Loans Mutual.

You must also be in employment for the last 90-days and have an income of over 1000 dollars after withholding of tax.

Why Better Loans Mutual?

There is no such thing as bad credit loans no credit check unless you go to a loan shark and then you're asking for trouble.

If you have bad credit the best way to get a loan is to go to a loan broker.

Better Loans Mutual have over 100 lenders in their panel so they can find you the best possible loan at the cheapest rate possible.

All you have to do is enter your email and then fill out some of your details.

The application process via Better Loans Mutual takes only 3 minutes and you won't have to fax anything through.

The reason I like this lender is they don't ask questions about why you want the money and they welcome people with bad credit.

The application process takes roughly 12 hours and if you are approved you could get the money in your bank account the next day.

With Better Loans Mutual you do not need a guarantor, this is the best place to get a loan with bad credit fast without being asked too many questions.

If you've been refused loans everywhere this is the best chance you have of getting a loan.

If you are interested in applying for a loan through Better Loans Mutual click on the image below for more information. The process takes only two minutes and you could have the cash in your bank account tomorrow.

Frequently Asked Question

Here are some frequently asked questions on getting a loan with bad credit.

Q1: How Can I Borrow Money With Bad Credit?

The best way is to use a broker like Better Loans Mutual. This lender welcomes people with bad credit and searches a panel of 100 lenders to find you the best deal.

Q2: Where Can I Go To Borrow Money With Bad Credit?

Better Loans Mutual will be able to help you even with bad credit. All you need to do is earn over 1000 dollars a month after taxes and be a US citizen over the age of 18 who has been employed for more than 90-days.

Q3: Can You Get a Payday Loan with Bad Credit?

You can get a payday loan with bad credit but it's better to get a loan through Better Loans Mutual because you will be able to borrow between 500 and 5000 dollars with a longer period to pay off the loan.

Q4: Can You Get a Loan from a Bank with No Credit?

With no credit, you won't be able to get a loan from a Bank.

Q5: Can You Get a Car Loan with No Credit?

With no credit, you won't be able to get a car loan. Credit is very important.

I Desperately Need a Loan But I Have Bad Credit 

If you desperately need a loan but have bad credit then Better Loans Mutual is the best solution. 

I like this company because the application process is very streamlined and you can submit your details in 3 minutes.

You can also borrow between 500 and 5000 dollars and you get longer to repay the money, unlike a payday loan.

If you have any question with regards to this post or any questions about Better Loans Mutual please, leave a comment below.