How To Get A Loan Even With Bad Credit

by Credit Faire March 23rd, 2020

If you have bad credit, it can be really difficult to get the loan you need with reasonable terms. Oftentimes it feels like you’re in a hole and you’ll never be able to get out of it. Luckily, there are ways to improve your credit and get the money you might need even with bad credit. It might be a little difficult, as climbing out of financial holes always is, it isn’t impossible.

Here we will go over how to get a loan even with bad credit, and give you a little insight into who Credit Fair-E is and how we can help you.

Credit Fair-E Can Help You Get A Loan Even With Bad Credit

Don’t get discouraged if you’re getting behind on payments or are in need of a small loan fast. Even if you have bad credit, it isn’t impossible to get the help you need.

Who We Are

Credit Fair-E is made of a team of people who have all been in sticky financial situations. We know how it feels, which is why we’ve specifically designed our loan process to meet your needs without making your financial stress worse. Your credit score will go up and hopefully you’ll be on your way to making life a little easier in the future.

It’s a personal point of pride for us to be different than other loan providers. In fact, we are committed to providing fast funding to those who really need it and provide you with the means to start building healthy credit. We stand out from other direct cash loans because we aren’t going to dig your financial hole deeper. You’ll never be given a loan you’ll never be able to pay back. When you choose to work with Credit Fair-E, you’re on your way to a better path to financial health. 

Here, you only work with people who are transparent and easy to communicate with. We’ll always keep you in the loop, there will never be any hidden fees, and the whole process is easy and straightforward. Read on for more on how it works.

How It Works

The whole thing starts with a fast and easy application process. It only takes a couple minutes and you won’t have to drag up a bunch of random documents. It’s straightforward and FAST. In fact, you’ll get an immediate decision about whether or not you qualify for one of our affordable loans. As soon as you submit all of the required documents (nothing crazy, just the normal stuff), we’ll reach out right away!

The best part is that when we say fast loans – we mean it! You can get access to your funds in as little as one business day. In literally 24-48 hours you will have funds directly deposited to you.

Fix Your Credit

Ok, so at the end of the day, the real way to get a loan with bad credit is to show loan companies that you’re working on improving it. Credit Fair-E works hard to help you do just that. Applying for a direct cash loan in Kentucky or Ohio with us means you’re taking the right steps to getting back on track. A weak credit score, a couple poor financial decisions – it all goes against you and could lower your score. Applying for a rental, buying a car, trying to get a home loan, and more, a lot of things can be affected by this number. If you’re reading this, then you’re already thinking about ways to improve your credit and you’re taking the right steps! 

If used properly and responsibly, a small direct cash loan can help you boost your credit score over time. It works like this – the more positive activity that is reported to credit bureaus, the more your score increases. There are a variety of ways to help this process, including making consistent and on time payments on a personal loan. For example, taking out a personal loan to consolidate some of your credit card debt can reduce your credit utilization ratio. Using a loan from Credit Fair-E to pay off some of your debts will reflect that you have greater unused credit. 

The great thing about our personal loans is that they are installment loans with a fixed payment plan, which means they won’t be factored into your credit utilization ratio.

Responsible Lending That Actually Helps

At the end of the day, you can absolutely get a loan even with bad credit. We won’t pull a hard credit check, so your credit won’t get hit again when you apply with us. Our entire process is transparent and easy to follow. We make it easy to understand and we’ll never surprise you with hidden fees. We make sure your payment schedule lines up with your pay cycle, and you’ll even get repayment reminders in advance.

Using Credit Fair-E has so many benefits, including diversifying your credit mix. Having a variety of different types of credit shows lenders you’re able to balance your options responsibly. You’ll want to make sure you become familiar with your credit scores and credit reports and know your options before you apply for a loan. We encourage you to shop around a little bit so you find the right fit for you. 

Now that you have a few more ideas on how to get a loan even with bad credit, you can get to work to start managing debt responsibly so that you can improve your financial health. Don’t stress yourself out with the loan application process or worry about how to make payments. Just contact our professional team at Credit Fair-E. We really and truly care about every person who has issues with their credit and it’s our mission to make your life easier. As people who have probably been in the exact same shoes as you are, we’d love for you to reach out and let us answer your questions. 

Ready to finally feel a little more secure? Let us help!

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