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Frequent Contributor
newportguy
Posts: 339
Registered: ‎11-11-2012

Re: 800 LOAN MART and personal loan experience :(

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‎01-14-2013 07:12 PM

dddfresh wrote:

wow thank you for the responses. i dont have any family or friends who can help me. This happened because I had the professional courtesy to give my current employer my two weeks notice so gave the future employer a start date that couldnt be changed. then my current employer decided they didnt want my notice and asked me to leave the next day. Thats why there is the lapse. I took a promotion with a competitor company so I assume thats why they were childish and screwed me a little.

 

Loan Mart It is not an indian reservation. Theyre a registered business and licensed in California. legal, SOMEHOW!

 

There are no prepayment penalties, but like i previously said, your first payments are almost ALL INTEREST so when you can pay it off, youre basically at the beginning Principle again.

 

I also didnt mention, I have about 10% credit used v avail. 1000 debt to 10000 cl.

make about 40k per year.

I would use this CC  and pay the  Min.  untill i got out of this jam

Current Score: myFico EQ - 794 ( 11/ 29/2012 ) amexFico EX - 787 (10/15/2012) myFico TU - 780 (11/29/2012) Credit Sesame - 809 (02/04/2013) Goal Score * 800 Club *
****** Garden Club Member -- Last HP Jan 3rd 2013 *******
*** Amex - BCP 10 K * PenFed - CR 5 K * Amex - GDSM 5 K *
Discover - IT 5 K ***** NO MORE APPS FOR ME IN 2013 *****
Message 11 of 61 (731 Views)
 
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Established Member
jbunton444
Posts: 87
Registered: ‎11-04-2010

Re: 800 LOAN MART and personal loan experience :(

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‎01-14-2013 07:17 PM

newportguy wrote:

I agree DO NOT SIGN !!!!!!  Do you have a family member or a friend that  can help you out??

AGREED!  DON'T SIGN IT!  :smileymad:

Gardening since 5-20-2013
Barclay's iTunes: $3,500 | Travelocity Amex $3,350.00 | Chase Freedom: $2,000.00 | NFCU cashRewards Visa $22,500.00 | NavCheck $11,000.00 | JCP $3,000.00 | Macy's $2,200.00 | Sam's Club $1,100.00 | Care Credit: $3,300.00 | Carson's $5,250.00 | Wal*Mart $1,500.00 | Various others... can't remember most store cards --- Long journey to HERE -- keep up the good fight!
Message 12 of 61 (724 Views)
 
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Frequent Contributor
dddfresh
Posts: 294
Registered: ‎01-11-2013

Re: 800 LOAN MART and personal loan experience :(

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‎01-14-2013 07:18 PM

unfortunately, most of my credit is for jewelery stores and LOWES home improvement. my actual credit cards are about 1600. have definitely considered a cash advance on my credit cards but havent done it yet


5/2013: MyFico EQ 655, EXP 675(amex decline letter), TU 669.
NFCU Flagship Sig. $12,500..NFCU CashRwds $1000..NFCU LOC $12,500..AMEX Green NPSL...Discover IT $1500...BofA Cash Rewards 1-2-3 $2500...Southwest Premier $2000..Chase Freedom $1500..CareCredit $3500..Cap1-$1500..HSBC $300..Merrick Bank $1400..Lowes $1500...WalMart $1500...JCP $1000..Chevron $900..Kays/Jerrod - $5000 split. around 8% Util. in 2011 my scores were in the low 500's. Didnt know a dang thing. Looking to get into the 700's in 2013.
Have three old paid charge offs. LAST APP 5/13/13 :/ Have 15-20 inquires across the board oopsies
Message 13 of 61 (720 Views)
 
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Valued Contributor
Dustink
Posts: 2,380
Registered: ‎10-02-2012

Re: 800 LOAN MART and personal loan experience :(

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‎01-14-2013 07:20 PM

Yeah, a cash advance would be better.

Too many INQs & low AAoA so I'm off to tend the Garden.     Age:21     EQ: 642 TU: 677 EX: 665


     $14k          $8.5K          $7.5k          $7.5k         $6.5k             $6k             $5k            $5k             $5k              $5k           NPSL       @ 0%
Message 14 of 61 (716 Views)
 
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Established Member
jbunton444
Posts: 87
Registered: ‎11-04-2010

Re: 800 LOAN MART and personal loan experience :(

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‎01-14-2013 07:21 PM

dddfresh wrote:

unfortunately, most of my credit is for jewelery stores and LOWES home improvement. my actual credit cards are about 1600. have definitely considered a cash advance on my credit cards but havent done it yet

These places are for people in a jam, but avoid it as much as possible... I am sick of seeing WesternSky.com on television too.  Outrageous rates.

Gardening since 5-20-2013
Barclay's iTunes: $3,500 | Travelocity Amex $3,350.00 | Chase Freedom: $2,000.00 | NFCU cashRewards Visa $22,500.00 | NavCheck $11,000.00 | JCP $3,000.00 | Macy's $2,200.00 | Sam's Club $1,100.00 | Care Credit: $3,300.00 | Carson's $5,250.00 | Wal*Mart $1,500.00 | Various others... can't remember most store cards --- Long journey to HERE -- keep up the good fight!
Message 15 of 61 (714 Views)
 
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Frequent Contributor
dddfresh
Posts: 294
Registered: ‎01-11-2013

Re: 800 LOAN MART and personal loan experience :(

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‎01-14-2013 07:26 PM

i seriously dont know what to do. OBVIOUSLY its a horrible idea, but my only other option is to sell my car since its the only piece of worth i own.,..


5/2013: MyFico EQ 655, EXP 675(amex decline letter), TU 669.
NFCU Flagship Sig. $12,500..NFCU CashRwds $1000..NFCU LOC $12,500..AMEX Green NPSL...Discover IT $1500...BofA Cash Rewards 1-2-3 $2500...Southwest Premier $2000..Chase Freedom $1500..CareCredit $3500..Cap1-$1500..HSBC $300..Merrick Bank $1400..Lowes $1500...WalMart $1500...JCP $1000..Chevron $900..Kays/Jerrod - $5000 split. around 8% Util. in 2011 my scores were in the low 500's. Didnt know a dang thing. Looking to get into the 700's in 2013.
Have three old paid charge offs. LAST APP 5/13/13 :/ Have 15-20 inquires across the board oopsies
Message 16 of 61 (700 Views)
 
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Valued Contributor
Dustink
Posts: 2,380
Registered: ‎10-02-2012

Re: 800 LOAN MART and personal loan experience :(

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‎01-14-2013 07:29 PM

dddfresh wrote:

i seriously dont know what to do. OBVIOUSLY its a horrible idea, but my only other option is to sell my car since its the only piece of worth i own.,..

A title loan with a credit union might be a good option.

Too many INQs & low AAoA so I'm off to tend the Garden.     Age:21     EQ: 642 TU: 677 EX: 665


     $14k          $8.5K          $7.5k          $7.5k         $6.5k             $6k             $5k            $5k             $5k              $5k           NPSL       @ 0%
Message 17 of 61 (693 Views)
 
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Established Member
jbunton444
Posts: 87
Registered: ‎11-04-2010

Re: 800 LOAN MART and personal loan experience :(

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‎01-14-2013 07:30 PM

Can you get a CLI on your credit card and make minimum or a little above it for a few months?

Gardening since 5-20-2013
Barclay's iTunes: $3,500 | Travelocity Amex $3,350.00 | Chase Freedom: $2,000.00 | NFCU cashRewards Visa $22,500.00 | NavCheck $11,000.00 | JCP $3,000.00 | Macy's $2,200.00 | Sam's Club $1,100.00 | Care Credit: $3,300.00 | Carson's $5,250.00 | Wal*Mart $1,500.00 | Various others... can't remember most store cards --- Long journey to HERE -- keep up the good fight!
Message 18 of 61 (684 Views)
 
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Frequent Contributor
dddfresh
Posts: 294
Registered: ‎01-11-2013

Re: 800 LOAN MART and personal loan experience :(

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‎01-14-2013 07:35 PM

i even tried that too!!! no luck. i was very bummed with the credit unions for denying me


5/2013: MyFico EQ 655, EXP 675(amex decline letter), TU 669.
NFCU Flagship Sig. $12,500..NFCU CashRwds $1000..NFCU LOC $12,500..AMEX Green NPSL...Discover IT $1500...BofA Cash Rewards 1-2-3 $2500...Southwest Premier $2000..Chase Freedom $1500..CareCredit $3500..Cap1-$1500..HSBC $300..Merrick Bank $1400..Lowes $1500...WalMart $1500...JCP $1000..Chevron $900..Kays/Jerrod - $5000 split. around 8% Util. in 2011 my scores were in the low 500's. Didnt know a dang thing. Looking to get into the 700's in 2013.
Have three old paid charge offs. LAST APP 5/13/13 :/ Have 15-20 inquires across the board oopsies
Message 19 of 61 (674 Views)
 
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Frequent Contributor
dddfresh
Posts: 294
Registered: ‎01-11-2013

Re: 800 LOAN MART and personal loan experience :(

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‎01-14-2013 07:37 PM

I tried gettting a CLI too. its unreal


5/2013: MyFico EQ 655, EXP 675(amex decline letter), TU 669.
NFCU Flagship Sig. $12,500..NFCU CashRwds $1000..NFCU LOC $12,500..AMEX Green NPSL...Discover IT $1500...BofA Cash Rewards 1-2-3 $2500...Southwest Premier $2000..Chase Freedom $1500..CareCredit $3500..Cap1-$1500..HSBC $300..Merrick Bank $1400..Lowes $1500...WalMart $1500...JCP $1000..Chevron $900..Kays/Jerrod - $5000 split. around 8% Util. in 2011 my scores were in the low 500's. Didnt know a dang thing. Looking to get into the 700's in 2013.
Have three old paid charge offs. LAST APP 5/13/13 :/ Have 15-20 inquires across the board oopsies
Message 20 of 61 (666 Views)
 
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