3 Thoughts on IS there any finance company that will work with a person with the credit score of 550 . for a personal loan.?
  1. Reply
    j d
    November 28, 2011 at 11:40 am

    For a personal loan I don’t believe so not without substantial collateral. You would need to be above 700 to get something manageable (payment, rate wise). I know this from when I was in the 500 club but have now battled my way to the 760+ club.

  2. Reply
    united9198
    November 28, 2011 at 12:27 pm

    You might find someone to take you on. I would not recommend it however. Those kinds of finance companies just get you hooked in a vicious cycle that will not let you out.

    Instead, I suggest a second job in the evenings and weekends. You can set that money aside to take care of your financial problems.

    You cannot borrow your way out of financial trouble, but you can earn your way out.

  3. Reply
    Dutch Master
    November 28, 2011 at 12:55 pm

    NOT UNLESS YOU SECURE IT CAUSE THAT SCORE IS FAIRLY SHABBY

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