No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
nikkoslilmouse wrote:I know of a site you should visit. it is www.prosper.com it is really neat and you can borrow anywhere between 1000.00 to 25000.00. It is people to people lending so you will have a better chance of getting a loan than you would from a bank and catch this, its free to join and they bid on your instrest rate and by this I mean they bid down the interest rate. I joined not long ago and the group on there I joined was "Got money will bid and the group leader cloud9 has helped us out a great deal. We have put in for a 6000.00 loan and he has bid on it for us so far and we just listed our loan today. We still have a litte more to go but I hope we get it. We will find out in 10 day when the bidding is over. Its worth a chance and you dont pay anything unless you get the loan and then the fee is taken from your loan like I put in for 6000.00 so I my fee would be 120.00 that they would take right from that. If you need any help just let me know you can email me here. I am a fico subscriber. Oh yea and they do report to the credit bureaus as well. Good Luck.Great concept!! Especially helpful to know that they are associated with Wells Fargo. What do your credit grades have to look like to get a good rate? O really need an installment loan on my report
@Anonymous wrote:Unfortunatlely, I understand your predicament. Unfortunately, most banks don't do small loans and will refer you to a consumer finance company. Finance company reporting will hurt your score, so don't so it. If you are a ember of acrdit union, their loan limits may be somewhat smaller
@Nuggy wrote:
@Anonymous wrote:Unfortunatlely, I understand your predicament. Unfortunately, most banks don't do small loans and will refer you to a consumer finance company. Finance company reporting will hurt your score, so don't so it. If you are a ember of acrdit union, their loan limits may be somewhat smaller
Interesting. When my FC account was reported paid and closed by experian, my FAKO actually dropped 10 points. (this was with WFF, and it reported as an installment account.) The account was only about a year old, and nothing else had changed on my report (I keep very close records of each report I pull, and do line-by-line comparisons to help me understand what changed and its effect on my score). There were no late payments at all on it.
Will be interesting to see what happens to my actual fico when that payoff reaches EQ.Same thing here. Says no installment loans opened. I decided I wasn' going to go out and buy a new car so I went to a couple of banks but I already have enough avail credit on my cards and dont need 10k. I really wish some others with experience with Prosper would chime in. I checked it out adn its very interesting.