Financial crisis and ruin is on the tip of everyone’s tongues these days. With the economy dipping further, job loss projected to continue and a few bad years behind us already, many people are faced with mounting bills and diminishing credit. If you find yourself in a similar situation in which you are near-hopeless in your quest for financial relief, there are still options out there.

Many people make the mistake of assuming that their only option in terms of loans comes from traditional financial institutions – banks and credit unions. However, there are additional 卡數一筆清 resources that can be tapped in the form of non-traditional personal loans. These loans, which are given by private lenders may be able to provide the help you need regardless of your past bad credit history. Follow these four steps to find the right solution for you:

A great first move is to look at your local lending options through the Better Business Bureau. This agency will provide important contact information and reviews of many non-traditional lenders who offer bad credit loans and review their business practices. The BBB website will provide information in the form of telephone numbers and addresses as well as ratings, complaints and other details about each lender you consider.

The BBB will provide a letter grade ranking for each of the private lenders that you review. Similar to the grades given in school, A is an excellent business and F is a failing one. Make sure you only choose non-traditional lenders with a grade of B or better. Make a list of these options and then move on in the research process.

One great feature of the BBB is that they will provide you with a direct route to each company’s website. Once you generate your list of potential private lenders, go to their websites to review the details of the packages and the deals that they offer, with special emphasis on their bad credit personal loan packages. You may want to write each company’s specifics down so that you can compare all the options side-by-side.

Once you get a picture of each private lender’s different programs you need to make sure that you qualify for the ones that you want. Call each company and be honest with whatever service representative you speak with about your situation, your history and your current needs. This way they will be able to give you a clear picture of what their company can provide for you in terms of loan amounts, repayment periods, fees and interest rates.