Monday, October 1, 2012

Personal loans with bad credit and no bank account

If you are looking for personal loans with bad credit and no bank account you might be up for a challenge, but it is not impossible. You won't be able to borrow a large sum of money with these prerequisites but there are a couple of alternatives for you.

1, A pawn-shop loan. If you have something of value you could get cash in hand at a pawn-shop. Remember that it can be very costly to get your pawned item back and it is probably a better deal to sell the item unless you are 100% sure that you will be able to get it back.

2, A payday loan might do the trick.  Payday loans are targeted at people that need cash quickly in order to settle a debt that have occurred unexpectedly. These kind of loans are usually in the range of a couple of hundred dollars up to maybe 1500.  You can usually get this kind of loan even with a bad credit rating and there are cash loans available if you do not have a bank account.

Is it possible to get personal loans with bad credit and no bank account?

Well, yes it is. But it will not be easy and you need to do a bit of a research, preferably using a comparing service on-line. Look at the alternatives listed above to see if they suit your needs. It is also important to remember that these kinds of loans usually carry a high interest and substantial fees. So it should really only be utilized if there are no other options.

Good luck in finding personal loans with bad credit and no bank account. 

No comments:

Post a Comment