Loans Over $5000 With Bad Credit - Is it Possible?

Are you in need of a loan of $5000 or more? Do you need this money rather quickly

for an emergency or for another reason? There are a few ways to get loans over $5000 with bad credit. These are some of your options and some of the things to expect.

First, if you are in need of at least $5000 you can always try finding a private party that will do the loan for you. This could be a family member, friend, or someone you really don't know. You can find them by placing an ad in your local classified ads or on craigslist.

Second, if you are looking for an easier way to find a group of people to loan you the money you need, then you can try Prosper. This website matches up borrowers with many individual lenders that will bid on your loan. It may take 20 or so people to get your loan funded, but it can be done and they are very easy to use as well.

Third, there is another option to try. If you have a paid off vehicle, then you can get a title loan from a title loan dealer. This is a shorter term type of loan that has to be paid back a bit faster, but you can get as much as your car is worth and in some cases a little more than what it is worth.

Last, you can always try to get loans over $5000 with bad credit from your bank. If you have a retirement account, investment account, or a savings account with them, then they may be willing to loan you the money. It never hurts to ask and the best part is they will probably give you the best deal if they can help you out.

Loans Over $5000 With Bad Credit - Is it Possible?

By: Gressly Stevens

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