If I have a high debt to income ratio, what is the best way for me to get a loan?
If you are thinking about getting a loan, then you should know about the basics before you get started. If you understand the basic dos and don’ts of loans, then you will be better equipped to find the best loan for your needs. Whatever type of loan you are applying for, you should follow these basic rules to help you find the best deal when searching for a loan, it pays to do your research. Look for as many suitable lenders as you can, so that you can find the very best deal. There are many online pages that allow you to compare loan rates from a variety of lenders. As well as looking online, check out your high street banks and mortgage lenders for deals too. You may find the loan that you need here, http://www.worldbestloans.com/ If possible, try and avoid taking out secured loans. If the amount you need to borrow is small or you have good enough credit to borrow without collateral, then do so. Although unsecured loans have
It depends on for what you want the loan. Car loans are easy to get at the dealerships but you can get over charged. For most loans I would start with a credit union then try a bank and if that didn’t work prosper.com (or I would if it was taking new loans) Sometimes other things effect you fico score more like on time payments. If you are ahead on your bill high debt to income might not matter as much.
