Having bad credit is a horrible pill for anyone to swallow. No matter what circumstances brought you to this point, the road ahead is often a challenging one. Bad credit makes things so much more expensive and difficult to obtain. While you may be working towards putting your finances back together, improving your credit can take months or even years and there’s no telling what you may need in the meantime. From a new job or place to stay to emergency cash and a credit card for those just in case moments, there are solutions to surviving financially with poor credit until you’re able to restore it.
How to Get a Credit Card with Bad Credit
Living without a credit card these days can be pretty tough. With most transactions being electronic, the use of cash isn’t always convenient. If you’re in need of a credit card, but don’t have good credit, there are still options available to you.
If it’s simply the ease of electronic payments you’re in search of, you could simply purchase a prepaid card. Used just like a credit card, you can deposit your cash onto a prepaid card and complete transactions this way.
However, if you’re trying to rebuild your credit and want to try applying for a card, going for a secured credit card that requires an initial cash deposit, or looking for credit cards for bad credit are other options you have available to you.
How to Get Emergency Cash with Bad Credit
As you’re cleaning up your past, the world still turns. Anything could go wrong in your life requiring you to get your hands on cash you don’t have. While those with good credit could easily apply for a loan and get approved, when you’re dealing with negative credit it can seem nearly impossible. Fortunately, there are quick solutions you could try.
The first option would be to find an unsecured personal loan for bad credit. These short-term installment loans are easy to apply for online. All you need is to be 18 years of age, have a verifiable income that meets their minimum requirements, and have a checking account in good standing. You could receive several hundred dollars in your account within a business day.
Another option, if you need more cash would be to apply for a personal loan and ask someone you know to cosign with you ensuring them that you will make timely payments.
How to Get a Job or Apartment with Bad Credit
Believe it or not, it may even be difficult for you to get a job or an apartment if you have poor credit. If you’re in need of either, you’ll need to take a few extra steps to secure them. When applying for jobs or filling out a rental application, look for opportunities that do not state they’ll check your credit history. If they are going to check your credit, you can do additional things to try and prove your trustworthiness. This might include gathering good character references who can speak on your behalf or talk with the employer/landlord in person to explain your financial circumstances and the steps you’re taking towards improving them.
Living with bad credit is certainly a lot more difficult these days. There’s so much that centers around your credit history, that it can make it challenging to get things you want or need. If you’re dealing with such circumstances, the best thing you can do is start working to rebuild your credit and use these tips in the meantime to survive.