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Sunday, March 14, 2010

I destroyed my credit rating I need a loan I can repay?

I am a Canadian male who made some bad moves that cost me dearly. I need a loan I now have a good job but need to consolidate. I can repay the loan but no one will look at me because of my poor credit. What do i do?

I destroyed my credit rating I need a loan I can repay?
I have really bad credit thanks to my divorce. I am a single parent and was in desperate need for a new car. I traded mine in and got a 2002 taurus I pay high interest but its worth it because after a year my credit score is going up. I know there are some credit cards out there that will give a card with very bad credit. Good luck
Reply:When you end up with bad credit it is very hard to get unsecured loans. You are going to need collateral for security for you loan. Do you own car, boat, house or other things that have titles that could be put up?
Reply:try a finance company like Avco in Canada.


The intrest rate is higher, but you will restore your credit if you are successful in paying back the loan.


You often see high risk lenders advertising in the classified section of your news paper. Look in the toronto Sun


Good luck


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