If a consumer's credit is too poor to qualify for financing through Dell, they need to look for financing through an alternative source like Amazon, Best Buy, or a private lender. If a consumer knows a person with good credit, they can ask them to co-sign a bank loan. With a signature loan from a bank or a credit union, a consumer can easily purchase a Dell laptop and pay for it slowly over time.Know More
Historically, it is easier to get a store credit card than it is to get a credit card from a bank, and if a consumer has been turned down by Dell's financing department, they need to apply for credit at other stores that sell Dell products. Amazon, Best Buy, and Walmart all sell Dell laptops, and they all offer store credit cards to qualified buyers.
If a consumer is turned away from those stores, there are still other options. For example, a consumer with a steady pay check can apply for a Payday loan and use those funds to buy a Dell laptop. The amount of a payday loan is determined by how much the consumer earns, but some states have a cap on how much the consumer can borrow, regardless of how much they earn. With a payday loan, a consumer may be able to buy a cheap Dell laptop, but they will have to pay back the loan by their next payday with astronomical interest rates.Learn more about Credit & Lending
To qualify for a mortgage with bad credit, Realtor.com advises consumers to apply for FHA (Federal Housing Authority) loans. Guaranteed by the U.S. government, these mortgages are funded by banks, and they are available to borrowers with credit scores of 580 or above.Full Answer >
Negative accounts on a credit report are usually removed after 7 years; however, negative accounts pertaining to bankruptcies generally remain on the credit report for 10 years. The time starts when the account is first listed as past due, according to Equifax.Full Answer >
A house can be bought with bad credit by financing through a company that specializes in bad credit loans. Owner financing is also an option.Full Answer >
Being honest about credit issues with potential landlords, as well as offering to pay a larger deposit, can improve the chances of a person qualifying to rent a room, apartment or home. A prospective tenant must explain that his financial situation has improved and provide evidence of current, consistent income.Full Answer >