Yes it is summer, officially June 21st. Time to enjoy the sun, warm weather, some rain (I’ll take rain over snow), and to plan a small vacation. Whether you are planning a short trip to your nearest amusement park or a more financially significant vacation of several days, the costs can accrue fast. Don’t believe me? Checkout Disney vacation packages on their website and you’ll scratch your eyes to make sure you seeing right.
I Need A Loan For A Vacation and Have Bad Credit
America’s Loan Company does offer Personal Loans, from $500.00 to $3,000.00, for people with bad credit. These loans have terms between 6 months to 5 years and your first payment is not due till about 45 days from date of contract signing. This means that you make borrow $500 to a one day trip or mini vacation and not have to worry about the first payment till just about 45 days. Furthermore, our terms allow you to have payments to fit your budget. So, no need to get into a cycle debt with Payday loans. To make it even better, we report payment histories to TransUnion to help improve your credit.
I Have Bad Credit. Is My Loan Guaranteed?
Our Bad Credit Personal loans are geared to people with less than stellar credit scores. However, this does not mean that your loan application is guaranteed to be approved. We do have certain guidelines that are followed to prevent loss. This means that although we may loan to most people with poor credit, there are some whose credit history is too damaged for us to approve the loan. But, please, don’t let that discourage you from applying for a loan with us. It may be tempting to just get a Payday Loan or a Title Loan. But, we are pretty confident that loan terms will be better for you.
Could My Credit Score Cause Me To Be Declined For A Personal Loan?
No. We don’t look at credit scores when determining approval for Personal Loans. Instead, we look at the entire picture and payment history, among many other factors. For instance, an applicant may have a credit score of only 600 due to credit cards that went into default many years ago and a bankruptcy discharged. But this same applicant may have a great history with credit cards in the past few years. The fact that a person is showing a good payment history in the most recent years, would be a great plus in our view and greatly increase the likelihood of being approved.