Im an 26yr old guy who just got out of a really bad divorce, legal fees etc have destroyed my credit – Im looking for a $5000 loan for a duration of 2 – 3 years, can anyone help with lenders or advice?

1. Daut Powers Says:
   April 10th, 2010 at 10:07 am

   Beware of Advance fee Loan scams.

   http://www.ftc.gov/bcp/conline/pubs/tmarkg/loans.shtm

2. Daut Powers Says:
   April 10th, 2010 at 10:07 am

   You could try Prosper. http://www.prosper.com/join/lloe
   It is a peer to peer loan website. I am a lender there and highly approve of the site. I think the max duration there is 3 years so sounds like it would be perfect for you.

   I don’t really know of any other personal loan places and wouldn’t recommend a payday loan or anything because of the ridiculously crazy rates. Anyway. Hope this helps.

3. Daut Powers Says:
   April 10th, 2010 at 10:07 am

   You can go to http://www.choicepeerlending.com

   and get preapproved. Also check your credit report online for free. No credit card needed. Fund in 10 days!
   3 year loan.

4. Daut Powers Says:
   April 10th, 2010 at 10:07 am

   There are plenty of places that offer loans for people with bad credit with no-hassle applications and easy requirements.

   Some of these lenders even offer 1 minute approvals, and have both secured and unsecured loans, depending on your need and situation. Check the page listed below, it has information and bad credit lenders listed off and on.

   http://www.axalda.info/bad-credit-loans.html

5. Daut Powers Says:
   April 10th, 2010 at 10:07 am

   Many lenders, banks in particular, don’t deal in any sort of secured loan other than second mortgages. Other institutions deal almost exclusively in secured loans. Finance companies that deal in secured loans can be found in your phone book, newspaper, and increasingly, online.Shop

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