Bad Credit Loans Greensboro, NC
With the goal of becoming a hub for working families in central North Carolina, Greensboro has worked hard to sustain the business sectors it’s always leaned on while attracting new industries as well. However, it hasn’t always succeeded, and some people have actually regressed. If you’re seeking a personal loan for bad credit in Greensboro, our business is perfect for you. The Loans Discovery program is our free service that shops different lending offers for you to compare at once. It saves you time, doesn’t risk your credit score, and doesn’t automatically reject you for bad credit.
A City of Mixed Results
Greensboro’s economy has been centered around textile and furniture manufacturing, as well as tobacco farming, for decades. Since the year 2000, logistics has started to play a greater role, with FedEx basing their regional distribution out of the city. Additionally, the local government has been working since the late 2000s to attract more tech and aviation businesses to Greensboro. While this should have resulted in a boom that made more money for everyone, certain people in Greensboro continue to struggle financially.
The Populace is Working at a Reduced Income
The U.S. Census Bureau estimated that household income averaged around $53,150 in Greensboro in 2015. However, by the end of 2017, that number had slipped to $44,978. This indicates that even though more jobs are being generated, people are actually making less money than they did before. The poverty ratio has remained steady at around 19% since 2010. However, as more people move to the city, that means a larger number of people are living in poverty.
People Have Fewer Options to Borrow Money with Bad Credit
In 2001, the state of North Carolina passed legislation that officially prohibited payday and title loans in any form. While it was a step in the right direction to protect people from debt and scams, it did have one unintended consequence. Since these types of lenders often don’t care about credit, they were willing to extend money to people who couldn’t borrow anywhere else. These were terrible deals in the majority of cases, but it was an option people had.
Traditional Lenders Aren’t Cooperating
The loss of “no credit check” lenders meant that the only real option people had was to turn to banks and traditional lenders to get funding. Many found themselves denied for their bad credit as soon as they submitted their application. Many shoppers also found that as lenders made hard inquiries against their scores, multiple checks had caused their score to drop. It left them in a worse position than before, with nothing to show for it.
People Are Desperate for a Solution that Works
With businesses not paying as much, options to borrow money growing scarce, and traditional methods failing them, residents are growing desperate for a solution to get unsecured loans in Greensboro. You may be one of them, and believe that you don’t have any way to access the money you need. We are the solution you’ve been looking for! With our Discovery program, we’ve helped many people find great loans in North Carolina, and across the United States!
The Amount You Need to Make a Difference
If you’re working at a reduced income, a few hundred dollars may not be enough to cover your expenses. So long as you meet the criteria, our vendors are prepared to extend you thousands of dollars! Additionally, our service provides:
- Multiple offers to compare at once
- Access for people with credit scores 450 and higher
- Years to pay back your money, not weeks
- Lower interest rates than many competitors
- An assigned team member to discuss your situation and explain your options
- A simple process that’s free of charge
Your Assets and Credit Are Safe
With our program, there are no initial hard inquiries on your score. Our system is set up so that you report your own score to us. It gives us the information we need to help you but doesn’t risk damaging your score. We don’t share your score, or any of your information, with anyone. Additionally, all of our options are unsecured. That means we don’t require any down payments, collateral, or any type of cash advance. You can borrow the money you need, without risking your prized possessions!
Fast Service When it Matters Most
If you could afford to wait for money to come in, you wouldn’t need a loan. We fully understand that, and it’s why we designed our service to be fast and efficient. It only takes a few minutes to complete our registration process. We normally have your lending offers back to you within a business day after you submit your form. Once you’ve chosen the best option for you, our partners can usually have the money transferred to your account within 24 to 48 hours.
Don’t Keep Sliding into Debt – Let Loans Now Help You!
People may be worse off than they were before in Greensboro, but that doesn’t mean you have to follow that trend. With our program, you can get the cash you need to make a real difference quickly and safely. With no risk to your credit or assets and no costs included, there’s no good reason not to use our program. Submit your information to us today, and let us find the perfect lending option for you!
- Loan Discovery Process
- Credit Scores Reviewed to 450
- 2, 3, 5 & 7 Year Terms
- Loan Amounts $500 - 70K