Private Lenders For Personal Loans-Where to Find Them?

Are you struggling to find a bank or lender that will give you a personal loan? Do you need private lenders for personal loans that can help you even though you might not have perfect credit? Typically it takes very good credit to get a personal loan from a bank, but there are other options. Here is a look at one of the best places to get a private personal loan from.

Fast Unemployed Loans

The company is called Prosper and it is solely based online. They started about 4 years ago and are the type of company that works a lot like eBay, only with money. They accept any type of credit and income and have interest rates from the lowest to the maximum allowed. There are loans all the way from $ 1,000 up to $ 25,000 and they are all unsecured personal loans from private lenders.

What they do is they allow you to sign up for free. You have to give some of your information including name, address, phone number, birth date, social security number, and a few other things. They instantly pull your credit and assign you a rating for their site. You can then join different groups on the site and if a group accepts you there is a better chance you will get a loan with a lower rate and higher amount.

Then, you can design your own listing for individual lenders to see. You can put up a picture of yourself, tell the potential lenders what you need to loan for, and how you plan to repay it.

Private Lenders For Personal Loans-Where to Find Them?

No Credit Check Lenders For Loans Over $5000 Dollars

Are you looking for a personal loan of over 00? Do you need this loan to have no credit check? There are no credit check lenders for loans over 00 dollars, but they are not easy to find. Here are some of the better options for you to try when it comes to getting the loan that you need.

Fast Unemployed Loans

Prosper is option number one and they do check credit, but they do not judge you too harshly on your credit. They help match borrowers with private individual lenders that get to read your loan listing and decide whether they want to bid on your loan or not. They can fund the entire loan or just a portion of it. Sometimes you will have a group of people willing to invest a little in your loan and that will add up to your full amount.

Using collateral is your next answer. If you have a paid off car, then a title loan might get you where you need to go and many title loan dealers do not check credit. They check income and the value of your vehicle. They will usually loan up to about 95% of what your vehicle is worth.

You can also get a loan against a piece of property or land and if you do it with the right type of lender they will do a no credit check loan for you. These are usually private lending companies that are a bit harder to find, but they are out there.

Your last option is to find a private lender. This can be done through the classifieds and craigslist. Sometimes you just have to ask around and depending on what you need the no credit check lenders for loans over 00 dollars for will depend on whether someone is willing to help you or not.

No Credit Check Lenders For Loans Over 00 Dollars