1. Private Small Loans Private loans are legal in my country. As long as the borrowing rate is within a reasonable range and the annual interest rate exceeds 36%, it is considered usury. These small loan platforms do not need to check the credit, as long as You can borrow if you meet the personal qualifications. Most private small loans do not require collateral, the procedures are simple, and the disbursement speed is fast. However, the interest rate is very high, much higher than that of banks and financial institutions. You can choose according to your own needs. They are only suitable for office workers who need money temporarily.
2. Mortgage loan Since mortgage loan is *, you can also borrow if you have poor credit score. If you have assets in your name and your personal conditions are good, you will give priority to bank mortgage loan, followed by private mortgage loan. As long as the lender can provide collateral of sufficient value and the lender has the basic ability to repay principal and interest, you can borrow. Remember to check the legal qualifications of the lending institution to avoid encountering scammers.
3. Guarantor Loan If you have a reliable relative or friend who is willing to guarantee you, you can also borrow money from a person with good credit or a guarantee company, but generally the handling fees of guarantee companies will not be too low. , and you may face the risk of debt collection later on, so everyone should consider it carefully. To sum up, poor personal credit does not mean that you will never be able to get a loan. On the one hand, you can seek loans from some platforms with low thresholds. On the other hand, you can try to repair your credit so that you can cooperate again in the future.