Are you in need of a personal loan to help you through a tough financial time? If so, this can be one of the hardest loans to get because you have to understand that they are not usually secured by a vehicle, home, or property. This makes them much more risky for the lender, but there are guaranteed personal loans that you can get and here are a few ways to get them.
First, you can use a site that is called Prosper. This is a great way to get your loan because it will be funded by other individuals that are looking for an investment. Even if you have bad or not so good credit you can get a loan from the Prosper marketplace and if you have good credit you can get a very good rate from this choice. Once you have gone through the registration process you will be able to create a loan listing and tell your story.
Then, others can go to your listing and bid an amount they are willing to fund. If you are looking for a $3,000 loan, then you might have a handful of people willing to give you a few hundred dollars and all together they get you the $3,000. This is one of the top ways to get a guaranteed personal loan right now.
Another option is to try your own bank. If you have a good relationship with your bank, then they might be willing to help you. This allows you to get the best possible rate, but they will either require collateral or a good credit score. If you have some money invested or saved at the bank or a 401K, then they might be able to help you because of it.
If you are able to pay the money back rather quickly and you don’t need more than $1,500, then another option is a cash advance loan. These are guaranteed personal loans because they do not check your credit. If you have a job that pays you at least a grand a month, are a United States citizen, have a bank accound, and are at least 18 years old, then you will be approved.