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  • Poor Credit

    I have a client with poor credit ratings and they were asking me where they could get a loan. Any suggestions?

  • #2
    Re: Poor Credit

    There are more ways than ever to get loans for customers with less than perfect credit but make sure you carefully review the terms and the rate. Because many companys are not much better than loan sharks.

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    • #3
      Re: Poor Credit

      I would suggest they talk to friends and family first before paying a high interest rate.

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      • #4
        Re: Poor Credit

        I agree with Ace try to exhaust your free or nearly free resources first.

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        • #5
          Re: Poor Credit

          You need to follow these steps, it will help you to provide loans in bad credits:
          Be wary of payday loans and cash advances,
          Expect a high interest rate,
          You need to learn the difference between secure and unsecured loan,
          Find a small business loan,
          Be prepared to ask more than once.
          Funderz business loans

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          • #6
            Re: Poor Credit

            Poor credit score and render you unfit for any kind of financial aid from the banks. It is better to start working on it.
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            • #7
              Re: Poor Credit

              I think you shouldn't give him loan. A credit score is the main measurement for providing loan to a customer. If anyone has a poor credit, then he is not eligible for getting loan.
              Last edited by AlbertaRawson; 02-23-2015, 11:49 PM.
              Asian markets|ASEAN Economic Community|Emerging Economies

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              • #8
                better to go for joint ventures.

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                • #9
                  they should get merged with better ratings firm

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