Bad Credit Loans Joplin, Mo.
As a slow but steady number of people continue to move in, Joplin has maintained a stable rate of growth over the past decade. However, the city is still struggling with extensive damages resulting from a terrible natural disaster. For many residents and businesses, that recovery has been slow and has left them in dire straits financially. If you need a little help getting back on your feet, a personal loan for bad credit in Joplin is a great solution. The Loans Now Discovery platform was launched to give people like you the perfect outlet to find your best lending solution while ensuring that your credit remains safe.
Struggling to Grow with Severe Setbacks
The economy in Joplin is based primarily in the healthcare, logistics, and education industries. Supported by several other sectors, the rate of economic growth in Joplin certainly hasn’t been anything to marvel at, but it has been stable for the most part. That doesn’t mean people don’t still suffer from money problems, and there are some struggles that the city is sharing in equally.
A Growing Number of Impoverished People
Between 2000 and 2017, the rate of poverty in Joplin grew from 14.8% to 17.9%. In a city of over 52,000, that meant that nearly 10,000 couldn’t sustain a living wage in the city. This was in spite of the fact that unemployment was at just 2.7% in December 2018. Despite the steady growth of Joplin, the slowed increase in annual wages means that many people consistently work, but still can’t afford their bills.
A Struggle to Recover from Natural Disaster
In 2011, Joplin became the impact zone of an F5 tornado that was declared the most lethal the country had seen since 1947. The tornado resulted in:
- 158 deaths
- 1,150 injuries.
- The destruction of 7,000 buildings
- Severe damage to 850 buildings
- Damages totaling $2.8 billion
To make matters worse, the development firm hired to help rebuild Joplin quit and left, without telling anyone, in 2015. They had completed none of the projects they were paid $800 million to oversee. Reconstruction has been proceeding well, but many residents are still suffering from financial turmoil that resulted from this tragedy.
Predators Ready to Trap the Unfortunate
Joplin residents would have enough to worry about without also having to fear getting scammed. Sadly, that’s not the case for many residents. As of 2017, there were approximately 653 payday loan operations in the state of Missouri. Under Missouri Revised Statute §§ 408.500.1, payday lenders in Missouri can charge a higher APR than anywhere else in the country, up to 1950%. Why would anyone pay such a high amount? Because payday lenders typically don’t check credit scores, approve nearly all applicants, and can have money to borrowers in a day. However, those initial benefits are completely offset by high fees, short repayment windows, and conditions that trap thousands of desperate people in further debt every year.
There’s a Better Way to Help You Recover
When you’re drowning in debt, trying put your life back together, and dodging scams at the same time, it can be overwhelming. We respect that you may be facing a very difficult time in your life and we want to help. Loans Now was created to give people with bad credit a better way to borrow money. We’ve found safe lending options in Missouri for hundreds of people and thousands more across the United States.
Rates You Need to Make a Difference
In many cases, a few hundred dollars may be all you need. In others, that’s nowhere near enough. That’s why our terms vary widely based on your current circumstances and what you want in a loan. We start at $500, but can potentially get you more than $50,000 if you need it. You’ll also get plenty of time to get your money paid back, with options ranging from two to seven years. Interest rates start at around 5% for many, but you’ll never have to give any collateral with any of our offers.
Protection for Your Personal Information
We understand that your circumstances can be both sensitive and embarrassing. The last thing you want is to be bombarded by calls and emails from businesses looking to take advantage. To protect you, none of your information is shared outside of our network. Additionally, there aren’t any initial hard checks on credit at Loans Now. We use the current score you pull to gauge what offers are the right fit for you.
The Speed You Need to Get Things Done
When you’re trying to recover from a disaster that leaves you with nothing, money that comes too late is worthless. We recognize that fact, and speed is our priority. You can enroll in our program with just a few pieces of information and less than six minutes of your time. Once you’re enrolled, we typically have your options prepared by the following day. Once you’ve decided, our network of lenders can usually have the money available to you in two working days or less.
Get Back on Your Feet with Our Tailored Offers!
Even as Joplin continues to rebuild, we want you to be able to repair your own situation. With our free service that matches lending terms to your needs, protects your information, and funds your request quickly, we are the resource you need to get your life back on track. Don’t pass up a great service that costs you nothing! Submit your information to Loans Now, and let us help you rebuild your finances today!
- Loan Discovery Process
- Credit Scores Reviewed to 450
- 2, 3, 5 & 7 Year Terms
- Loan Amounts $500 - 70K