Unsecured Bad Credit Second Chance Signature Loan - Delaware

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Residents of Delaware that have bad credit may find it extremely frustrating to locate a financial institution to lend them money. Many of these lenders have tough credit policies when underwriting a unsecured personal signature loan.


However, there are credit unions and smaller local banks located in the state of Delaware that are willing to overlook a borrower's tarnished credit report. Some credit unions and local banks have been offering second chance, fresh start, or credit builder loans to help get their member on the right path of building a better credit report.


Our staff at "InfoAviator Publishing" along with the help of our loyal viewers have listed some of these special programs below that may be a perfect fit for someone with no or bad credit.


Consumers can also view our list of nationwide banks and financial institutions athttp://infoaviator.org/finance/credit/personal-loans/2014/05/27/where-to-get-a-easy-unsecured-personal-loan-with-terrible-credit/ that are willing to give out high risk unsecured signature loans to subprime borrowers residing in Delaware.

asked Oct 8, 2014 in Personal Finance by tomvargo706 (5,290 points)
edited Oct 8, 2014 by tomvargo706

2 Answers

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Artisans' Bank located at 2961 Centerville Road in Wilmington, Delaware offers a credit builder loan that can enable a borrower to accrue the savings necessary for a down payment on a home. 
How It Works:
When a consumer borrows a amount between $500 to $2,000, the funds are deposited into a free savings account that secures the loan. The borrower will then repay the loan over the course of twelve months from their cash flow. Payments made on-time will then be reported to the major credit reporting agencies which will strengthen the borrower's credit rating over the course of the loan.  
Applications that want to participate in the credit builder loan program must first call and be referred from one of the participating local agencies below:
YWCA of Delaware, 302-658-7161  
First State Community Loan Fund, 302-652-6774 
Interfaith Community Housing of Delaware Inc., 302-652-3991 
Nehemiah Gateway CDC., 302-655-0803  
West End Neighborhood House, 302-658-4171
Delaware Community Reinvestment Act Council, Inc., 302-654-5024 
NCALL Research Inc., 302-678-9400 
Ministry of Caring – Hope House I, 302-652-8532
Delaware Financial Literacy Institute (Delaware Money School), 302-792-1200 
Neighborhood House, Inc.,  302-652-3981 
Delaware Alliance for Community Advancement 302-656-8200 
YWCA Home Life Management Center 302-658-7110 
answered Oct 8, 2014 by tomvargo706 (5,290 points)
0 votes
Delaware Federal Credit Union offers a payday loan that can help a borrower establish or re-build credit.
For more information, please contact Delaware Federal Credit Union by calling 302-739-4496 or visiting one of their banking branches below:
901 N. Market Street, Suite 100
Wilmington, DE 19801
270 Beiser Blvd
Dover, DE 19904
80 Christiana Road
New Castle, DE 19720
100 Credit Union Way
Milford, DE 19963
201 Pharmacy Drive
Smyrna, DE 19977
30 Georgetown Plaza
Georgetown, DE 19947
150 E. Water Street
Dover, DE 19901
24488 Sussex Hwy
Seaford, DE 19973
30650 Dupont Blvd
Dagsboro, DE 19939
answered Oct 8, 2014 by tomvargo706 (5,290 points)

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