Many people who are experiencing financial troubles end each day in a similar fashion: they have dinner, clean up a bit, maybe watch a little TV before bed. Then, they lay awake in bed thinking about how they are going to make their bill payments.
Does this situation sound familiar to you? If so, you are not alone: millions of people are having trouble balancing their budgets these days.
The situation can be made easier, of course, if you can find a way to make some extra money. However, usually these money-making opportunities are not available when we need them the most. Or, they do not allow us to get the cash we need, when we need it. In other words, the timing is just off a bit.
When things come together in your life in this way, one of your best options out of a financial pinch may be to take out a personal loan. You may have thought about this before but wondered how you could swing it if you have a bad credit score.
If you are looking for bad credit high risk personal loan, here is how to get an unsecured loan in 7 steps:
1. Take out your calculator and figure out how much you’ll need to borrow:
Start by calculating exactly how much you will need to borrow. Make a list of your cash needs. Then, add everything up. If the amount you need to borrow seems too high at first, go back and remove one of the items off the list. In fact, remove anything from the list that is not a “must-have” item.
2. Pull your free credit report to find out if there is anything you can do to improve your score:
You may be aware that, if you are a U.S. citizen, once per year you may have any (or all) of the Big 3 credit bureaus run your report for free. Go ahead and do so now. In particular, look for any mistaken items such as credit card accounts that you never opened. Report them immediately. Doing so could have a very positive effect on your credit score.
3. Put together a list of high risk personal loan lenders from the Internet:
Now, do some online research and create a list of 5-7 high risk personal loan lenders.
4. Try contacting 2-3 high risk lenders who have offices in your area:
Also, add some more lenders to your candidate list by visiting the offices of some local personal lenders. It is always best to have lots of options before you start applying.
5. Compare all of the candidate lenders, ranking them by priority:
Compare the 7-9 lenders on your list. Research their websites to check them out. Then, rank them by priority from best to worst.
6. Apply to the top 3 lenders on your list:
Now, apply to 3 of the most promising-looking lenders. You want the ones that seem like they have been in business a long time and have good customer satisfaction ratings.
7. Do not sign the loan offer until you have read the fine print:
Make sure that you do not sign any loan offers until you have sufficiently read the fine print. As with any contract, you need to make sure you know what you are getting into before signing on the dotted line.
Follow these 7 steps to find an unsecured bad credit personal loan fast.
Get access to more bad credit personal loan tips and lending resources at: My Bad Credit Personal Lender.