In this economy, with a credit score in the low 500’s, you are very unlikely to get a loan for $10,000. The lending company isn’t going to take your word for it that you can pay them off in September when you get your check. They have no reason to believe you. You can certainly try, but each inquiry into your credit report (especially ones that end up denied) just lower your score even more.
Short Term Loan Of About 10k With Credit Score In The Low 500’s, Will Receive Check In Sept, So Cld Pay Off?
2 Responses to “Short Term Loan Of About 10k With Credit Score In The Low 500’s, Will Receive Check In Sept, So Cld Pay Off?”
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What kind of check are you waiting for? Is it a trust or settlement of some kind? If so, you can contact companies that will front you the money, but take a percentage of your settlement.
If you are wanting a loan for that amount unsecured, and have a score in the low 500’s, think again. It isn’t going to happen.
If you pay it all on time, that would definitely help your credit score!