Skip to content
Digital News Report Logo
Menu
  • News
  • Business
  • Science
  • Entertainment
  • Health
  • Sports
  • Audio Books
  • Quizzes
  • Videos
Menu

Home » Business » Personal Loans for People with Poor or Bad Credit

Personal Loans for People with Poor or Bad Credit

By Tina Brown on September 6, 2010
alt text

Digital News Report – Personal loans can be difficult to get especially if the borrower does not own a home. Many large banks cater to homeowners because they have collateral or equity in their home, but there are loans available to people who do not own a house.

National City Bank offers mortgages, student loans, car loans and personal loans to cover unexpected expenses. “You don’t necessarily have to be a homeowner to get a PNC loan,” the bank said in a statement. Your interest rate may vary according to your credit history though.

The bank says that there are other ways to lower your interest rate. Borrowers can secure their loans with “motorcycles, boats, RVs, savings accounts, CDs, or stocks and/or bonds”.

There are some advantages to a personal loan over a payday loan. Payday loans must be paid back in full during a pay cycle while personal loans can be paid back over-time with installments. There may be fewer fees associated with a personal loan.

The National City Bank, sometimes referred to as Pittsburgh National Corporation (PNC), also offers personal lines of credit. This can be useful for people who plan on starting a business.

The bank will offer personal loans and lines of credit without a security deposit up to $25,000.

By: Tina Brown

  1. Personal Loans for People with Bad Credit
  2. Personal Loans for People with Bad Credit – Capital One Wachovia and Key Banks
  3. Unsecured Personal Loans for People with Bad Credit Scores – Citi Financial
  4. Personal Loans for People with Bad Credit – Capital One SunTrust and Bank of America
  5. Personal Loan Rates Today for People with Bad Credit

Live Results Search

Categories

Important Information

This site is for informational purposes only.  Always check with your doctor or  legal council before making any medical or legal decisions.

loader-image
San Francisco, US
3:58 am, May 19, 2025
temperature icon 54°F
clear sky
Humidity 77 %
Pressure 1018 mb
Wind 15 mph
Wind Gust: 0 mph
Visibility: 10 km
Sunrise: 5:56 am
Sunset: 8:16 pm
Weather from OpenWeatherMap

 

©2025 Digital News Report | Design: Newspaperly WordPress Theme