Credit Bureau of Albert Lea
If you are a consumer, the content on this website was produced by a debt collection agency and any information obtained could be used for the collection of a debt. The information contained on this website should not be interpreted as legal advice. If you have questions regarding any interpretation of the law, contact your attorney.
Obtaining a Loan
When getting a loan to help pay your bills, there are many different options and opportunities. You may be able to refinance your home our get a second mortgage. There are also home improvement loans available. Also, you may be able to refinance an auto, boat or motorcycle you currently own. Other loan options may be borrowing from your retirement plan. Another option may be a personal loan. You may need collateral or a co-signer to receive this type of loan. Keep in mind that every lending institution is different when assessing your credit history and score. They want to give you a loan; you just have to pass their ‘risk assessment’. If you are turned down, don’t give up there, ask what needs to be done to help your financial situation and increase your chances of obtaining a loan. And always try another bank or credit union; their ‘risk assessment’ of you may be very different. Always check out two or three different loan programs to insure you are getting the best deal or lowest interest rate and most favorable terms available.