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Looking for a loan from a private source, The Banks don't want to help because I have to much debt.?



Looking for a loan from a private source, The Banks don't want to help because I have to much debt.?

Darn.


.
What is the loan for? Something you need, or something you want? If a bank is telling you that you have to much debt to receive a loan that small, then you must have an awful lot of debt. I'd pay off some of your debts before taking out another loan unless it's a matter of life or death.
If you have too much debt let a non profit consolidator help you to set up monthly payments which reduce your debt and still let you live a decent life. At this point you do not need another loan but a repayment plan for your loans.
If this is a matter of life and death or to stave off eviction or cut-off of heat and hydro speak to your pastor, rabbi, imam or other spiritual advisor, he or she might advise you how to get help with your problem.
Check this website out. You can borrow or lend. It's a great idea.

I have not used it yet, but my co-worker shared this with me.
http://prosper.com/
I've seen this type of help so many times. People are looking at a beautiful used car and wanted to buy it. A loan is not a solution and needs to pay back. You should seek solution to your endless borrowing, not dig deeper to the hole.

To answer your answer: Have you got any colletral? Very good income? How much debt you have, and how much money you need? I have sources that can be borrowed, but i need to know more.

Private message to my email is ok.
I am a registered Mortgage Consultant in Ontario
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