Asked by johnathan  |  Submitted March 02, 2014

I'm looking for a loan to relieve debt and get caught up on bills

My credit score isn't good and is constantly falling, how can I get a loan to stop this?

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  Answers  |  2

August 04, 2014

Have you tried online peer to peer lenders like Lending Club or Prosper?

Meredith L | 08.12.15 @ 05:46

I've never heard of either Lending Club or Prosper. Can you share more about what they are, how they work, and what's the catch? Thanks!

$commenter.renderDisplayableName() | 10.01.20 @ 18:54


March 27, 2016

Hi Johnathan,

How much debt can you afford before you are able to pay your bills?

Equity financing may be a better option for you. If you have no equity, try reducing your expenses or at the very least, stop incurring debt to pay for the added debt.

One good way to keep your credit score from dropping is not to let lenders pull your credit report. This lowers your score.

First thing to do is get your income greater than your expenses. Next, manage your debt by being able to pay it off within 3 years or less.

Where are you financially?
Where do you need to be financially?

Feel free to contact me to discuss further.. No obligation

It's not what you make, It's what you keep that determines your lifestyle

$commenter.renderDisplayableName() | 10.01.20 @ 18:54