ANSWERS: 6
-
It really depends on what the loan is for. If its for a house/car/boat or something that has collateral behind it, then there is a good chance you would be accepted. If there is not any type of collateral behind the loan, the co-signer or yourself would have to put up some type of collateral to secure the personal loan.
-
If you have a good cosigner, you are good to go but they will try to screw you with higher percentages to pay back.
-
The way my bank gave me a secured loan was when my friend opened a CD with the same amount that was requested for the loan to me. And the interest rate was a good percentage(at that time 6.8%) as it was secured by that CD,
-
try it and see and then you'll know
-
-
Marlyn Jerod Agree!
-
-
Sounds great!
-
People with bad credit should not ask people with good credit to cosign for them. They will probably stay true to form and not pay their bills and put the good cosigner into a credit pickle, IMHO 1/16/26
Copyright 2023, Wired Ivy, LLC

by 