BAD CREDIT HELP – Instant bad credit loan

Question by Jess B: Would getting a lower interest rate loan to pay off credit card be a smart idea?
I have just under ,000 on my card, which has about a 12% interest rate. I’ve never made a late payment and always pay above the minimum on all credit accounts/car payments/student loans. Would looking into getting a lower interest rate loan be a good idea or a naive one? I know personal loans like this are typically harder to come by, but I would like some opinions. Thanks!

Best answer:

Answer by froggyvrg
If you can get a lower rate, do it! But first, resolve not to use your credit card again or you’ll get into a real quagmire!

Know better? Leave your own answer in the comments!

Question by Sondra Gillingham: What bad credit loan company have the cheapest payment rate?
I need a loan quickly to pay off urgent bills . I have steady income and own property but my credit is bad.

Best answer:

Answer by Menard K
You say that you own property
but can not get a bank loan?

I don’t understand?

Please also note that if you get a loan through a “Freelance” loan company,
You may be dealing with a LOANSHARK, and really you don’t want that
trust me on this one… you really don’t want to deal with it…

GOOD LUCK

Know better? Leave your own answer in the comments!

Question by Shon: What student loan company has the lowest interest rate?
I currently have a nelly mae loan(sallie mae) and they are way too high. Whats a good loan company for me to look at for next school year? PLEASE ONLY ANSWER IF YOU ACTUALLY HAVE TAKEN OUT A LOAN WITH THE PLACES YOU RECOMMEND.

Best answer:

Answer by Found-1
Federal loans are regulated by the government so all the rates are the same no matter what bank you take the loan from. Perkins loans are 5%. Stafford Loans are 6.8% and some of them the government pays the interest while you are in school. I’d stay away from any Private student loans, they are EVIL!
Good luck

Add your own answer in the comments!

Question by shitty: What are all mortgages loans for first time buyer? What is the current interest rate on mortgages loan?
I am looking for some personal experience from the first time buyer.
Where is the best place to get mortgages loan?

Is there a federal mortgage loan?
I am looking to buy in the next few months and I need some one to guide me on loan and everything about home buying for the first time.

Best answer:

Answer by MadMan
There are no specific loans for first time buyers. There are no federal mortgage loans as such. There are loans backed by the FHA. See the Fannie Mae or Freddie Mac websites for guides to home buying.

Add your own answer in the comments!