College Loans Bad Credit
College student personal loan with bad credit (around a score of 600)?
Hi, i`m looking to get a personal loan withing the next week to pay off bills and to purchase a car. i would need to get a total of around $8,000.00. I`m a college student, and have bad or poor credit (around 606 for Experian, and 620 Fico. I don`t even think i can get a co-signer since my dad has really bad credit, and my mom has none and no one else to turn to. any ideas on what I can do?
Your strategy reveals why you have poor credit. Stop getting into more debt, start getting out of debt. It’s probably a good thing for you right now that money lending standards are getting tougher. If you learn how to manage your money now, if all goes well, you will be wealthy someday, wealthy enough to have what you want.
Make it your first goal to not go into more debt. Work your way through school. Drive a klunker, because it’s what you can afford.
If you don’t change your behavior with money, you will never get out of debt and you will not have enough to even think about retiring at 65 or even 70.
Don’t take advice from your father, who clearly doesn’t get it either. Check out daveramsey.com and check out his syndicated radio show,