I have rather bad credit and need to learn how to somehow obtain a personal, unsecured loan for a good 8k. I have bad credit from when I was a much younger lady and to be perfectly honest, I gave up on it a long while back.
Now that I am grown and more mature, I am in the situation of being in a line of work where I earn a really fair amount of money, because I studied very hard at University.
But, for the past four years (which is the bulk of time I have worked in a rather high paying profession) I have been supporting my father because he has been very ill with CPD as well as congestive heart failure. I have lived with him and have helped him find nice medical care and have paid for everything which his very humble insurance does not cover,out of pocket. But, now I need to be able to pay for his funeral (his doctors give him until the end of the year) and I do not know what to do.
Would my having a high paying job help me find a lender who would be willing to take a gamble.
I have no one to co sign.
After everything is said and done. I want to give my father a proper burial and I also need money so I can send for my father’s older sisters to attend the funeral.
I have no one anywhere who would co sign for me at all. But, when all of this is taken care of, I want to consult a lawyer about paying back my debt like an adult. I am sorry for sounding like a big failure, but I am at the end of my rope with this situation.
In the short run, I recommend you sign up for the person-to-person lending site called http://www.prosper.com
Although you will pay a somewhat high rate of interest, you can describe your situation online just like you did here and hopefully people will understand that you will pay it back and you are a good risk due to your high income. Taking a loan for $8K should not be that difficult on the Prosper site.
In the long run, satisfying your old bad debts is the best way to avoid the problem you are in.
Try the below company (not payday)
This site has some helpful information on obtaining personal loans with bad credit and you can get free quotes (on interest) here too. There are a lot of good articles on this site too that might be a resource to you in your situation. You should have no problem obtaining a loan if you have a reliable salary. But, you will pay a high interest, most likely, due to your poor credit. http://loan.divinfo.com/
Also, does your father have life insurance? If yes, then this should cover the expenses of his funeral.
Best of luck to you.
Bad credit is one of the worst problems to have… however there exists a solution.
I will hereby talk from my personal experience.
I did debt consolidation a couple of years ago, however If I had to do it again I would pay to some minor details,
if someone wants to get out of debt today it is pretty easy with a debt consolidation plan, however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,
a good place to start in my humble opinion is astraight to the point ebook with question and answer I found :
http://umgarticles.atspace.com/debt-consolidation.htm
if it helps kindly remember me in your voting!.. cheers!