Frequently Asked Questions
Getting through a month with enough spare cash, can be a challenge for anyone. If you need a quick loan but you have bad credit, your options may be limited. That’s why we welcome users with various types of credit – we want to help people who are looking for lenders for bad credit. Send us your online inquiry form today and let’s see how we can work together!
How are credit scores determined?
Lenders typically use the FICO score to find out what your credit rating is. It uses such information as how much debt you have currently and your payment history to determine credit risk. If your score is below 620, it is a bad credit score.
I need a fast loan, but my credit score is bad. Is it possible to get a poor credit loan?
The fastest way to find out if you can be pre-approved for a bad credit loan is by sending an online request form to Trust Loans. You don’t have to pay anything for us to help you locate a lender who might be able to offer you a loan for people with bad credit. If you are pre-approved, you could get an offer right away.
I know my credit score is bad, but is there a way a person can make it better?
The first thing you can do is get rid of some of your debt. If you owe a lot of money here and there, try to get that paid off. If you are pre-approved for a bad credit loan, do your best to always send in your payments on time. That will help build a better payment history.
Who can I turn to for help with my bad credit status?
There are financial advisors available to help bad credit users. Do a little background research to find a lender with good reviews. By paying back the bad credit loan according to the contract, it might help improve your credit score.