I am in need of information. Me and my partner have to get a loan to pay off international school fees and a partner visa processing. Anyone know where to get a loan wth bad credit history and an international student.
Anyone know of any loan schemes for bad credit?
Lsimouny21 on 07/02/2015 - 20:36
Comments
Not sure about international fees, but the local interest rate charged on local school fees is just CPI (~ 2 or 3%). You are not going to get a better rate than that, even if you had good credit.
thanks guys, didn't want to get from my parents as ive already asked them.
Chances are, if ur folks won't lend to you, most others won't either.
Do u offer any collateral? Do u have any income? This all helps when ur wanna borrow money.
How much are you looking at borrowing?
surely any LOW DOC loan will suffice, as u dont need to show any records etc.etc…
I have a part time 40hr fortnight job and partner is on centrelink. I can certainly pay it. I'm looking to loan up to 10000$
First of all get him to start working… if we need money we work.. that is what true ozbargainers do.
plus instead of finding alternatives try and improve your position/situation. chances are in the run u'll also do some good to your credit rating
Huge difference between no credit rating and a bad credit rating, nothing you can do to improve a bad credit rating other then time.
If you have bad credit rating and you do not apply for anymore credits, it will get better over the time.
However, if you have a bad credit rating, and you apply for more credit, you do not get the credit plus it hits your score even more.
Your parents? Depends on how much you need and what your income is, there is some shady places but anywhere that will loan you money will be charging top interest.