April 28 2016
After years of making some bad financial decisions, I am in the unenviable position of needing a loan with my bad credit. While I am trying to get my credit score improved, I have begun to research my loan options. But I am aware that I am in the same boat as a lot of other folks these days, and I am grateful I still have a home as I've seen many friends plus some neighbors lose their residence to foreclosure. Overextended, way too many credit cards, high-interest loans with unsustainable repayments, and job losses have put us all in this financial mess.
So to conclude, I am shopping around for a loan without a lot of success. This is exactly what I plan to do and I am fully aware of what I am getting into and the results of this loan going bad. Obtaining a personal loan with bad credit is not impossible, but it is challenging. As I must be cautious and get the first loan you are offered as there are many predatory lenders out there. Do your research and be sure to deal with someone reputable!