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Anonymous
Anonymous asked in Business & FinanceCredit · 1 decade ago

Help finding a loan w/ bad credit?

I am trying to open a photography company but i'm trying to find a loan that will allow me the leway to get the equipment that i will need, i have horrible credit .. does anyone have any suggestions?? (i need about $2000-$3000)

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  • Anonymous
    1 decade ago
    Favorite Answer

    There are plenty of places that offer loans for people with bad credit with no-hassle applications and easy requirements.

    Some of these lenders even offer 1 minute approvals, and have both secured and unsecured loans, depending on your need and situation. Check the page listed below, it has information and bad credit lenders listed off and on.

    http://www.axalda.info/bad-credit-loans.html

  • 1 decade ago

    I've been there. My best help is to tell you to wait a few months and find the money by working. No new business owners need debts.

    Find a part-time job to pay the bills and start your business very slowly. Only accept good photography contracts, well paid.

    And do some jobs for free for charities, local school, hospital, etc. It's the best advertising before summer, its going to bring weddings, proms, etc. Important (and rich) people are giving their time to the community, and they'll notice you do, too.

    The easy way to get credit is to take arrangements with local suppliers. A 30-days credit line is pretty easy to deal if you are a business (and never forget: a supplier is a friend of your business and will refer you some clients if you let him know you are interessed in working - they want you to succeed - you owe them money !).

    Good luck !

  • 1 decade ago

    Unfortunately a loan company may be your best bet or a bank might if you have a credible co signer.Just make an appointment,explain your reasons for past bad credit,have a set amount saved of your own,have a business plan in place to show them and beg like hell, and if you have to hold off and save the money yourself you could be a better man for it.

  • 1 decade ago

    Good luck. But you have a better chance at getting a loan than i have. Because i have no credit history. Believe it or not! It doesn't matter how honest you've lived your life. If your not in debt at the age of 50 than you will never get a loan to get in debt. I want some debt, and they won't let me. So how do people get debt? That would be my question.

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  • 1 decade ago

    I've been contacting anyone I can find in the same boat as me. I too need a loan badly but I have to tell you- DO NOT answer ANY of these posts as they are ALL SCAMS!!!! trust me- been there-done that- they all ask for so called "insurance" money and that's the key to a SCAM

    Hope you take my advise!!!

  • 1 decade ago

    You can try prosper.com as lonag as you have a checking account and a crdit score over 520. They finance loans up to $25000. Its worth the look and good luck.

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