Bad Credit Loans Glasgow, KY.
Despite being one of Kentucky’s most well-known rural centers, Glasgow has been struggling for decades now. Rampant poverty and a lack of opportunity have resulted in a large percent of the population trying, and failing, to stay out of debt. If you’ve decided that you need to find a personal loan for bad credit in Glasgow, we can help you get the perfect offer. Loans Now’s Discovery program helps pair borrowers with great lending offers based on their needs, with no charge and speedy results.
Stunted for Growth
Not much has changed in Glasgow since the 2010 census. Between then and 2017, the city only grew by about 150 people. There wasn’t any significant number of jobs added, and there wasn’t an influx of new businesses. Agriculture continued to be the dominant industry, to the point that The Progressive Farmer named the city as the best rural location to live in the country. The few changes that Glasgow did experience were anything but good.
Less Money = More Problems
From 2010 to 2017, the average household income in Glasgow dropped to $30,731, a decreased of nearly $6,000. While 19.5% of the population lived below the poverty line in 2010, 29% were impoverished by 2017. As tobacco farming and agriculture, in general, continue to decline, more Glasgow families are finding that their livelihoods are rendered obsolete. For people who have spent their entire lives farming, there’s nowhere to turn and no easy answers.
A Problem Compounded by Credit Card Debt
While Kentucky was far from the worst state for credit card debt, it still had plenty of trouble. The average credit card debt per Kentucky household was over $7,000 in 2018, according to Business Insider. Plagued by interest rates over 15%, recurring charges, and mounting debt, many Glasgow residents are struggling to keep up with the growing strain on their finances. As their minimum payments continue to grow, cardholders are starting to miss payments, leading to terrible credit and the threat of bankruptcy.
No Help From Banks and Creditors
People with bad credit trying to find loans in Kentucky certainly aren’t having an easy time of it. The average credit rating that banks were ready to work with was above 620 in 2018. Additionally, people with bad credit are wary of anything that will lower their scores. This includes the hard inquiries that creditors tend to make before they extend an offer. As a result, people are not only being turned down left and right, but they’re not shopping to find the best deal.
You Need a Better Way to Beat Debt
What can you do when you make hardly any money, are drowning in credit card debt, and can’t access the money you need to fix it? You might be thinking that the only solution is to turn to payday lenders, who charge upwards of 500% interest and demand you repay within a month. You deserve better than that! With our program, you can access multiple offers to get the money you need, without risking your credit, and pay off your credit card debt fast!
Offers Geared Towards You
We work with credit scores down to 450, and our options look at all of your financial circumstances, not just your score. Many of our customers find offers that:
- Range from hundreds to thousands of dollars
- Don’t require a car title or down payment to reserve
- Have much lower interest rates than credit cards
- Allow upwards of 84 months to repay
- Don’t charge you for paying off early
When you work with us, we assign a personal consultant who will discuss your offers, answer your questions, and help you choose the best one. We don’t charge anything for our services, so if you don’t find what you’re looking for, you lose nothing!
A Service That Won’t Wreck Your Credit
We know you can’t risk your credit to find a great loan, so we don’t make you. Reporting your own credit means there aren’t any initial inquiries. You can rest easy while we shop offers for you, knowing your credit is safe. With personal loans, your interest is applied right off the bat. You don’t have to play the guessing game of “how much will I owe this month?” as you do with credit cards. You get a set monthly payment, and so long as you pay on time, your credit score has the potential to improve substantially!
Fast Delivery to Pay Your Bills
You may dread the first of the month rolling around, and we don’t want to be the reason you miss a payment. Our enrollment was designed to be completed in minutes. We typically have options available within a day, and our network of lenders can have your money available within a day or so after you’ve chosen an option. The entire search can take less than a week from beginning to end, so you can get your money when you actually need it!
Find Your Solution to Money Problems with Loans Now!
We’re committed to providing the best lending options for bad credit you can find, plain and simple. With a fast process, great terms, and security for your credit rating, our Discovery service is the method you’ve been seeking to get out of credit card debt. Don’t waste any more time shopping services that don’t work – sign up and find your best offer now!
- Loan Discovery Process
- Credit Scores Reviewed to 450
- 2, 3, 5 & 7 Year Terms
- Loan Amounts $500 - 70K