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800 LOAN MART and personal loan experience :(

Frequent Contributor

Re: 800 LOAN MART and personal loan experience :(


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
Valued Member

Re: 800 LOAN MART and personal loan experience :(


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!  Smiley Mad

Gardening since 6-28-2013
Barclay's iTunes: $3,500 | Travelocity Amex $3,350.00 | USAA $7,000.00 | Chase Freedom: $2,000.00 | Discover IT $1,000.00 | NFCU cashRewards Visa $22,500.00 | NavCheck $12,500.00 | USAA $7,000.00 | 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
Frequent Contributor

Re: 800 LOAN MART and personal loan experience :(

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


9/2013: Fico EQ 676, EXP 686, Fico TU 686.
NFCU Flagship Sig. $14k..NFCU CashRwdsSig $14k..NFCU LOC $12.5k..USAA Amex 4k..AMEX Green NPSL..Discover IT $1.5k...BofA Cash Rewards123 $2.5k...Southwest Premier $2k..Chase Freedom $1.5k..CareCredit $3.5k..Cap1-$1.5k..HSBC $300...Lowes $1.5k...WalMart $1.5k...JCP $1k..Chevron $1.1k..Kays/Jerrod - $5k split. around 8% Util. Want to get in the 700's in 2013! Have three old paid charge offs. 15-20inq.. LAST APP 8/29/13
Message 13 of 61
Valued Contributor

Re: 800 LOAN MART and personal loan experience :(

Yeah, a cash advance would be better.

Too many INQs & low AAoA so I'm off to tend the Garden.     Age:23    


     $17k       $8.5K          Closed          $19k      $6.5k        $24.2k        Closed         $5k       Closed     $8.5k        Closed      @2.49%
Message 14 of 61
Valued Member

Re: 800 LOAN MART and personal loan experience :(


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 6-28-2013
Barclay's iTunes: $3,500 | Travelocity Amex $3,350.00 | USAA $7,000.00 | Chase Freedom: $2,000.00 | Discover IT $1,000.00 | NFCU cashRewards Visa $22,500.00 | NavCheck $12,500.00 | USAA $7,000.00 | 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
Frequent Contributor

Re: 800 LOAN MART and personal loan experience :(

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.,..


9/2013: Fico EQ 676, EXP 686, Fico TU 686.
NFCU Flagship Sig. $14k..NFCU CashRwdsSig $14k..NFCU LOC $12.5k..USAA Amex 4k..AMEX Green NPSL..Discover IT $1.5k...BofA Cash Rewards123 $2.5k...Southwest Premier $2k..Chase Freedom $1.5k..CareCredit $3.5k..Cap1-$1.5k..HSBC $300...Lowes $1.5k...WalMart $1.5k...JCP $1k..Chevron $1.1k..Kays/Jerrod - $5k split. around 8% Util. Want to get in the 700's in 2013! Have three old paid charge offs. 15-20inq.. LAST APP 8/29/13
Message 16 of 61
Valued Contributor

Re: 800 LOAN MART and personal loan experience :(


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:23    


     $17k       $8.5K          Closed          $19k      $6.5k        $24.2k        Closed         $5k       Closed     $8.5k        Closed      @2.49%
Message 17 of 61
Valued Member

Re: 800 LOAN MART and personal loan experience :(

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

Gardening since 6-28-2013
Barclay's iTunes: $3,500 | Travelocity Amex $3,350.00 | USAA $7,000.00 | Chase Freedom: $2,000.00 | Discover IT $1,000.00 | NFCU cashRewards Visa $22,500.00 | NavCheck $12,500.00 | USAA $7,000.00 | 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
Frequent Contributor

Re: 800 LOAN MART and personal loan experience :(

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


9/2013: Fico EQ 676, EXP 686, Fico TU 686.
NFCU Flagship Sig. $14k..NFCU CashRwdsSig $14k..NFCU LOC $12.5k..USAA Amex 4k..AMEX Green NPSL..Discover IT $1.5k...BofA Cash Rewards123 $2.5k...Southwest Premier $2k..Chase Freedom $1.5k..CareCredit $3.5k..Cap1-$1.5k..HSBC $300...Lowes $1.5k...WalMart $1.5k...JCP $1k..Chevron $1.1k..Kays/Jerrod - $5k split. around 8% Util. Want to get in the 700's in 2013! Have three old paid charge offs. 15-20inq.. LAST APP 8/29/13
Message 19 of 61
Frequent Contributor

Re: 800 LOAN MART and personal loan experience :(

I tried gettting a CLI too. its unreal


9/2013: Fico EQ 676, EXP 686, Fico TU 686.
NFCU Flagship Sig. $14k..NFCU CashRwdsSig $14k..NFCU LOC $12.5k..USAA Amex 4k..AMEX Green NPSL..Discover IT $1.5k...BofA Cash Rewards123 $2.5k...Southwest Premier $2k..Chase Freedom $1.5k..CareCredit $3.5k..Cap1-$1.5k..HSBC $300...Lowes $1.5k...WalMart $1.5k...JCP $1k..Chevron $1.1k..Kays/Jerrod - $5k split. around 8% Util. Want to get in the 700's in 2013! Have three old paid charge offs. 15-20inq.. LAST APP 8/29/13
Message 20 of 61