some people could actually pay off debt quicker if they had a better chance at getting a loan, even if that loan requires some sort of auto payment method set up to ensure they got their money… yet it's almost impossible with bad credit
Because if you can't manage the debt you have now the lender does not look at you favorably.
credit worthiness and ability to pay are key factors that lenders look at when considering loans.
There re definitely some credit unions that will work with you. Start with Navy Federal.
You can't pay off debt quicker if you take out more debt to pay off debt, you're still in debt.
I have 7 months of great credit.
Having the starting push of a loan can help especially you been practicing your spending habits and learned from your poor habits. I'm planning to get a loan and I hope I get it. I've been very good with my habits and it shows on my report for the past 2 years. I waited this long just to get approved. Wish me luck!
