Bad Credit Loans Harrisonburg, Va.
A city well-known for welcoming racial and cultural diversity, Harrisonburg has a reputation for trying to make people from all walks of life feel welcome in the city. Sadly, hospitality and inclusiveness don’t translate into financial prosperity, and many city residents are fighting a losing battle with debt. A personal loan for bad credit in Harrisonburg may be the solution you’re looking for, but you’re terrified of the risks. With our Loans Now Discovery service, we can extend numerous bad credit offers to you while protecting both your credit profile and private information.
A Problem Not Limited by Background
Since the late 2000s, Harrisonburg has made a big push to become more racially diverse and inclusive. The Latino population had reached 19% by 2017, and the city has welcomed more than 1,900 refugees from Iraq, Eritrea, Ukraine, and the Democratic Republic of the Congo since 2002. While people fleeing to Harrisonburg are certainly better off than in their home countries, conditions are still very hard within the city.
Not Enough Money to Pay the Bills
As of 2017, the rate of poverty within Harrisonburg was 29%, more than double the national average at the time. The per capita income was reported at $20,134, a full $10,000 less than the rest of the United States. The one positive note was that unemployment had dropped to 2.4% by the end of 2018. However, when you’re constantly working just to keep struggling with debt, despair can quickly set in.
No Fallback for Medical Emergencies
In the same census results, it was determined that 17.3% of Harrisonburg residents didn’t have healthcare coverage in 2017. In the event of a medical emergency, that would leave nearly 10,000 people having to cover the bulk of expenses out of pocket. Considering that average medical costs topped $10,000 per person in 2016, that’s a terrible situation for people already fighting off debt to be in.
A Subtle Swap that Continues to Trap Desperate People
When the Virginia Legislature passed House Bill 12 in 2009, it was an honest effort to curtail predatory lending practices in Virginia. While the Payday Loan Act severely restricted what payday lenders could charge and under what conditions, these shady businesses found a clever way to circumvent the law. By swapping to a title lending structure, lenders continued to charge over 350% APR, collect over $252 million in fees, and take possession of over 14,000 vehicles from Virginians as of 2017. Since they seldom check credit, offer a 100% approval rate, and often have money ready within a few hours, many people with bad credit default to these predatory lenders, resulting in financial ruin.
You Can Get the Money You Need Without Resorting to Scams
Title lenders may be fast and easy, but they’re far from safe. The default rate is nearly 25% for many Virginian borrowers, leading to a cycle of recurring debts they can’t easily escape. You don’t have to resort to such desperate measures! With our free service, you can get a personal, unsecured loan that won’t wreck your credit, doesn’t charge excessive rates, and lets you keep your car!
Money to Pay Your Worst Debts
We understand that just a few hundred dollars, to be paid back in a few weeks, may not suit your needs. That’s why our dollar amounts go into the tens of thousands and you’ll have years to settle your repayment. Personal loans can also be used for a wide variety of purposes, some of which include:
- Home improvement projects
- Medical costs
- Car repairs
- Consolidating credit card debt
- Taking a vacation
Wherever your need is greatest, we can get the funds you need to make a real difference.
Privacy that Protects Your Credit
Just because we require a 450 credit score to work with you doesn’t mean we’ll jeopardize your credit. With our process, the score you submit is the one we’ll use to compile your offers. Self-inquiries don’t impact credit rating, creating the perfect way for us to help you and prevent damage to your score at the same time. You also don’t have to worry about other pulling your score to send you pre-qualified offers, because we don’t share any of your data.
Fast Access to the Money You Need
Billing cycles don’t change just because you don’t have the money to pay them. We understand that you need money fast to protect what’s most important to you. Our process was designed to take minimal time, and we work fast to return offers in about a day. Our money vendors typically have requests funded within one to two days on average.
Beat the Cycle of Debt With our Discovery Program!
Despite what they tell you, payday and title lenders aren’t the only options to get money with bad credit. With more than 500,000 successful matches for loans in Virginia and across the country, we’ve proven that people with bad credit can get great rates without resorting to scams. Don’t limit your options because you have bad credit. Find the answer to your money troubles with a Loans Now offer today!
- Loan Discovery Process
- Credit Scores Reviewed to 450
- 2, 3, 5 & 7 Year Terms
- Loan Amounts $500 - 70K