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Old 03-09-2007, 05:23 AM   #1 (permalink)
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Question Best/easiest place to get a loan from?

I have a low amount of reported income but good credit.

What's the best loan rate I could get? Say for $10,000.

Thanks,
Narz
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Old 03-09-2007, 05:53 AM   #2 (permalink)
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Quote:
Originally Posted by Narz View Post
I have a low amount of reported income but good credit.

What's the best loan rate I could get? Say for $10,000.

Thanks,
Narz
There is no answer. It all depends on your credit score and all the other lending criteria used by the lender.
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Old 03-09-2007, 05:58 AM   #3 (permalink)
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There is no answer. It all depends on your credit score and all the other lending criteria used by the lender.
Assuming I have a good credit score then.
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Old 03-09-2007, 06:01 AM   #4 (permalink)
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Assuming I have a good credit score then.
It will still vary based on your income, time at job, time at residence, collateral, etc.
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Old 03-09-2007, 06:05 AM   #5 (permalink)
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Word to the wise. If it's a business loan tell them it's for fixed assets not inventory. They will feel more comfortable with seizing fixed assets in the event of default than inventory. Why? Because it's easier to sell a van or computers than the 500 electric dog polishers you built but never sold.
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Old 03-09-2007, 06:11 AM   #6 (permalink)
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Actually it would be for a vehicle.
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Old 03-09-2007, 09:53 AM   #7 (permalink)
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Default Prosper

Have you checked out prosper.com ? Basically an "ebay" for loans. People can loan or borrow.
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Old 03-09-2007, 11:04 AM   #8 (permalink)
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Now I haven't, I will, thanks.
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