Unsecured Loan With Poor Credit Unsecured Personal Loan quick
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Unsecured Loan with Poor Credit
An unsecured loan is one where you do not pledge your property
against the sum you borrow. The lender assesses your
status--whether or not you have a job, and pay your bills on
time--before giving you an unsecured loan. If you have a steady
job with good prospects, and pay all your bills on time, you can
easily get an unsecured loan from your bank or credit card
company. It is difficult to get approved for an unsecured loan
if you are self-employed, have just left college, or have
changed jobs and homes frequently, because you are considered a
credit risk. It is most difficult to get an unsecured loan with
a poor credit record--when you have been involved in a
bankruptcy, foreclosure, repossession, or divorce case. You
might need an unsecured loan at any time in your life--to deal
with medical emergencies or home repairs, pay for a child's
education or wedding, or buy equipment for your home or
business. However, at Abacusmortgageloans.com, we have
cultivated financial institutions and agencies that offer
unsecured loans to people with poor credit. Once you apply to us
for a loan, we will send you a list of our associates. You need
to apply to these organizations for a loan. We cannot send your
loan request to these organizations because each financial
institution has its own set of interest rates, loan programs,
and terms and conditions for lending money. However, we can help
you to correct errors on your credit reports, and advise you on
buying real estate and cars, and applying for a credit card,
without undergoing a credit check. Before you apply for a loan,
we would advise you to get a credit report on yourself from
either of these credit agencies--Equifax, Experian, or
TransUnion. When you order a credit report on yourself, it does
not count as a credit check, but when a lender orders a credit
check your credit rating could be questioned, which could lead
to a poor credit record. Order a copy of the credit report for
your own use, check it for errors, and get the errors rectified
by the credit agency before you apply for a loan. You can send
the corrected copy of your credit report with your loan
application to the lenders on your list. Even if prospective
lenders check this report, it will be one less credit check that
you will have to undergo. If you need an unsecured loan, and you
have a poor credit record, you can always apply at
Abacusmortgageloans.com.