Help, i Need a loan!?

Hi i really need a loan of about 10,000. Ive just turned 18 and i also have just got a minimum wage job and i worked out that i can afford the monthly repayments but because im only 18 and dont own a house where can i go to get this loan ? Id prefere to do it online and my bank isnt too helpful for young people wanting loans so im trying to find a good place? would really really help if anyone knows anywhere that apporved people in my condition! thanks !

Help, i Need a loan!?

Yeah, right.

Help, i Need a loan!?

Well, its kinda big bucks you borrow at this age so my suggestion is that think about that thoroughly before you making decision. Is it worth it for you to spend that kind of money on? Is the job that you having stable?

If you are to borrow then read all the terms in the application carefully before signing it.

Help, i Need a loan!?

Why do you need the $10K? If it's for educational purposes, check with the school for potential student loans.

The reason your bank isn't too helpful is that you have no credit history, very little employment history, and very little income. That makes you a bad risk. High risk loan companies offer very high interest rates.

Beware of any loan company asking for up front fees from you. They are likely to be scams.

Perhaps you should open a savings account and set aside money every week until you have your $10K.

Help, i Need a loan!?

I doubt you'd get one with a mininum wage job, no credit, or collateral.

PS....don't deal with anyone on this site who offers you a loan, especially if they ask for a fee.

Help, i Need a loan!?

I wouldn't try Prosper since you will have a very high interest rate as a HR borrower. You don't have a credit history. At college, they offer many credit cards to students. I'd check out Cardweb.com for some secured cards, low-interest rate cards, student cards, and rewards cards. Eventually you may get one of those cards. I do agree with that guy. First you can get the student cards and the secured cards or maybe a gas card and later you can get the low interest or rewards cards.

Unless you urgently need the money, I'd recommend you set aside the money each pay period (maybe $50 and put it in savings or a Roth IRA). The RothIRA will grow tax-free and you can always take out your contributions. So after a year, you'd have $1,200. If you earned $60, you could take out $1,200 and the $60 would go towards retirement (something you should think of). In a savings account, you'd have $1,260 you could withdraw minus any taxes you needed to pay in which would reduce your rate to around 4.2% not 5.05% (assumes a 6% state tax rate and 10% federal tax rate).

Prosper is an interesting site. It involves being given a credit rating and then you set a maximum rate in accordance with that credit rating such that people are willing to bid on your loan. Only if borrowers minimum rate is compatible with your maximum rate will you get bids on your loans.

Why don't I recommend you use http://www.prosper.com/join/stockwatcher

You can check the site's authenticity at http://www.bbb.org , http://www.ftc.gov , or http://www.clarkhoward.com

It's because I don't feel it's in your best interest. There are many creditors who will be willing to offer you credit at college. Prosper will have you pay it off in 3 years in which is a great idea to do with these cards.

Help, i Need a loan!?

Hi.

This site is well recommended and will help you:

http://ukbestloans.co.nr

Help, i Need a loan!?

Apply online is easy, quick %26amp; hassle free, that's why we both are here.

I feel lucky if I pay you a loan of just 10000. We'll provide you loan that suits your requirements. You just need to to fill up a short online form and the rest of the work is our job.

Here we go- http://www.loans11.co.uk

Help, i Need a loan!?

You seem to have lots of spamming looking answers on here, most of them sound like loan sharks or something!

Anyway, my advice would be to only loan money from reputable banks, an shop around! try here http://www.moneysupermarket.com/loans/Se...

at least this way if you cant make the repayments the only thing that will be damaged is your credit record!