Fast Credit?

Discussion in 'Credit Talk' started by newatthis, Aug 6, 2003.

  1. newatthis

    newatthis Member

    What is the best route to take to get a credit line/credit card for $2k with a credit report with a charge off and slow payments?
     
  2. BrettS

    BrettS Well-Known Member

    It really depends on how recent the charge off and slow payments are, but IMO the personal finance companies are your best bet... Beneficial, CitiFinancial, American General and the like. Be prepared for a terrible interest rate... like 25% or more, but they tend to finance people with less than perfect credit. And they can do it quickly... if you call them in the morning you should be able to get their decision and the money later that day or the next day.

    Then, theoretically, when you get your credit in better shape you can refinance with another company and get a better interest rate.

    These companies don't have the best reputation on this board, mostly because of the interest rates, but I've had good experiences with Beneficial.

    HTH,
    Brett
     
  3. dixidriftr

    dixidriftr Well-Known Member

    A charge off and slow payments are score killers.

    Best to try to get them removed before racking up any inquiries that will just drive your scores lower anyway.
     
  4. newatthis

    newatthis Member

    How can I get the charge off removed?
    I paid the balance, it still says unpaid so I disputed it.
    Whats the best course of action from here?
     
  5. Nestea

    Nestea Well-Known Member

    I'd like to hear more about beneficial.

    do you know their criteria/ limits?
     
  6. BrettS

    BrettS Well-Known Member

    Re: Re: Fast Credit?

    They offer personal loans up to $10,000. I don't know their criteria, but like I said, they are much less strict than banks and credit unions. they gave me a $6,000 loan with a score of about 600.

    HTH,
    Brett
     
  7. money

    money Member

  8. money

    money Member

  9. money

    money Member

  10. lbrown59

    lbrown59 Well-Known Member

     
  11. money

    money Member

    yes the creditor ie listed
     
  12. lbrown59

    lbrown59 Well-Known Member

    Re: Re: Fast Credit?

    Charge offs, slow payments and.
    finance companies listed on a credit report are score killers.


    THE END ** *** ** LB 59
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  13. lbrown59

    lbrown59 Well-Known Member

    Re: Re: Re: Fast Credit?

    What do you mean?
     
  14. money

    money Member

    Re: Re: Re: Fast Credit?

    I'am trying to get charge off. The collection are paid but they still has it listed. as a open accounts. What do I need to do. Thank You.
     
  15. lbrown59

    lbrown59 Well-Known Member

     
  16. lbrown59

    lbrown59 Well-Known Member

    These companies don't have the best reputation on this board, mostly because of the interest rates,
    BrettS
    -----------------

    These companies don't have the best reputation on this board, MAINLY because they negatively affect scores and credit ratings
    THE END ** *** ** LB 59
    """"```--~~~~~~~~~--```'""'''
     

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