Corning Cable Systems Credit Union provides also loan products for consumers with bad credit scores.
A credit score is a numerical representation of consumers' credit history. It is calculated based on data from your credit report and can range anywhere from 300 to 850.
What is a bad credit score?
A bad score is one that's below 650, which means the borrower is likely to have trouble getting approved for loans and credit cards. If a consumer has a bad score, it will take longer to build up your credit and may cost
more money in interest payments.
A bad credit score indicates that borrowers have missed payments or been late with them, have too many open accounts with balances, have a low amount of available credit, or some combination thereof.
What does "poor" mean when describing a consumer's credit history?
Poor means that you've made late payments or defaulted on loans in the past. This can also mean that you don't have any credit history at all because you haven't borrowed money yet (or very little). Having poor or no credit
history can make it hard for lenders to decide whether or not to approve your application for a loan.
Bad Credit Loans
Are you in need of a cash loan? Are you looking for bad credit loans?
If so, Corning Cable Systems Credit Union can help. We offer cash loans for bad credit and are here to make the process as simple and easy as possible.
Our application process is quick and painless. You can fill out an application online or over the phone, and if approved, receive your funds as soon as tomorrow!
Our loans have low-interest rates, which means you won't have to worry about paying back more than what you borrowed. We also don't require any collateral or security deposits, so there's no risk involved for our borrowers.
We understand that life can get in the way sometimes—you might need some extra cash because of an emergency or unexpected expense. We're here for those times when traditional lenders turn their backs on those with less-than-stellar
credit scores.
