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Old 03-21-2002, 06:29 PM
DMARTINEZ107
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need a loan to payoff bad credit

Does anyone know how to get a loan to payoff bad credit. I am about $6000 in debt and havent paid my bills in over one year. Is there even hope of getting a loan. I just want to start over.
  #2  
Old 03-21-2002, 09:39 PM
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Join Date: May 2001
Posts: 6,450
With loans in default, if you borrow money, the interest rate would be horrid. There are subprime lenders like The Associates that you could try. But, are there family members that could help you out? What about a partime job just until you get caught up and paid off?
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Old 03-22-2002, 09:59 AM
gottago
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You cannot borrow your way out of debt. You'll just make matters worse.

You need to increase your income (a part-time job, etc) to pay off the bills.
  #4  
Old 03-22-2002, 07:39 PM
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Location: TX
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It's called "Robbing Peter to pay Paul"... it never works
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