Avoid The Thorn Of Bad Credit Score: Bad Credit Wedding Loans

by Renita Vaughan

You are about to tie your nuptial knot! It is a special event for you. Your wish is to celebrate this ceremony in an unforgettable way. Aiming at starting the new phase of life through a marvelous marriage party, you have planned to embellish the occasion flawlessly. But one thing you are forgetting… you are short of cash. On top of it, you have bad credit score. You can set aside the thorn of bad credit score from your wedding aisle with bad credit wedding loans.

The financial assistance of bad credit wedding loans is made for all types of bad credit scorers. It includes CCJs, IVAs, arrears, defaults, bankruptcy, late payment etc. Now they can finance their wedding without any hassle.

A borrower, having bad credit score can avail these loans both in a secured as well as in an unsecured form. For availing the secured option, borrowers need to pledge something to lenders for securing the lending amount. As security, borrowers can use various things including home or other real estate, automobile and so on. Contradictory to this, the unsecured option facilitates all types of borrowers in financing their marriages. It means, if you are a tenant, you also can get the benefit of these loans.

However, as bad credit wedding loans, borrowers can avail anything in between £3000- £50,000. Using a high valuable security favors borrowers in availing more. These loans are mainly given for 5-25 years. But generally the repayment period varies from lenders to lenders.

Bad credit wedding loans are available with fixed rate and variable rate option. In case of fixed rate option, borrowers need to pay a fixed amount during their loan term. Oppositely, in case of variable rate option, the interest rate varies according to the changes in loan market.

In this context, one point needs to be discussed. Since bad credit wedding loans are offered to the borrowers who have bad credit score, thus, the interest rate of these loans is a bit higher. But there are some alternatives, which facilitate borrowers in getting these loans at a competitive interest rate. These are like, if borrowers use high valuable collateral against the lending amount, then he can avail these loans at a better rate. On the other hand, by shopping for a best deal, a borrower can get some relaxation on the interest rate.
With bad credit wedding loans, you can arrange fund for all types of wedding related expenses including wedding reception, caterers, wedding dress, ring, jewelry, photography and many more. So, avail bad credit wedding loans and make your wedding memorable for your whole life time.

About the Author:
Renita Vaughan is working with Find Wedding Loans. She writes about various finance related topics. To find wedding loans, bad credit wedding loans, cheap wedding loans uk, easy wedding loans, fast wedding loans visit http://www.findweddingloans.co.uk

Car Loans For People With Bad Credit – How To Qualify For A Bad Credit Auto Loan

Submitted By: Carrie Reeder

With most lenders, having bad credit or a past bankruptcy is not a problem. Thus, you can obtain an automobile loan with a low credit score. There are certain advantages to having good credit. These individuals generally pay a few percentage points less, which equals a lesser monthly payment. However, qualifying for a car with bad credit is easy. Here are a few tips to help you get approved.

Requirements for Getting an Auto Loan with Bad Credit

To get approved for a bad credit auto loan, applicants must meet certain requirements. For starters, car loans are not offered to minors. Therefore, applicants under the age of 18 must have a parent or other adult co-sign for the loan. Moreover, applicants must be employed and have a driver’s license.

Auto loans are the easiest types of loans to obtain because they are secured. With this said, auto loans are perfect for those hoping to build a solid credit history, and individuals hoping to raise their credit score.

Skip Dealership Financing

Securing financing through the car dealership seems simple and convenient. Nonetheless, keep in mind that dealerships will make a small profit off of your financing package. To do so, they must increase the interest rate a few points.

If the lender approved you for a 10 percent interest rate, the dealership may charge 11 or 12 percent. To avoid paying the extra fees, look for private financing. Private financing could come from a bank, credit union, etc. If possible, get pre-approved before visiting dealerships.

Check Credit Report for Errors

Having bad credit does not always mean getting hit with the highest interest rate. Prior to applying for an auto loan, attempt to make some credit improvements and correct errors. For a few months leading up to financing a new or used car, pay all bills on time. This could make the difference in getting a loan with 12 percent interest and 9 percent interest.

Explore Different Types of Lenders

Common lenders used for an auto loan include banks and credit unions. However, there are lenders that offer bad credit auto loans at reasonable rates. Sub prime lenders are becoming increasingly popular. They offer online applications and quick pre-approvals. Moreover, various lenders will provide a no-obligation auto loan quote. This way, you can review their offer before making a decision.

About the Author:
Visit http://www.abcloanguide.com/autoloans.shtml for a list of bad credit car loan companies online. View our recommended lenders to buy a car with bad credit online.