Can I get a student loan with bad credit? – If you have been out of education and supported yourself either through work or benefits you will be considered an independent student, otherwise you will be assessed through your parent’s current income. If you are classed as an independent student then the fact you currently have bad credit is irrelevant to taking out a student loan.
Can I join a credit union with very bad credit? – In simple terms yes, yes you can. This is because a credit union is simply just another type of bank. You can join a credit union by opening a savings account. This is simply because no one checks your credit when you are opening a deposit account.
Can I get car financing with bad credit? – In a nutshell, your credit rating is a score that reflects how good of a borrower you are thought to be. Lenders never see this score – all they see is your credit history. This will give them a good indication of how good you are at managing your money. So, the best way to ensure that you can get car financing is to try and improve your credit rating. This has the best long-term benefit but is also the most time consuming.
What is the bet solution for fixing bad credit? – So, you want to know how to rebuild your credit score? Well, we will go over it in more depth in a later blog for you. but the simple basics of improving your current credit score is mainly through building better credit habits. So, have a good luck at what could be doing the most damage in terms of your spending habits and replace those spending habits with ones that are better for your credit score. Otherwise, you will just end up back where you started out with bad credit yet again.