Q&A: How do I take out some loans just a small bit of money and I will pay back it back during the summer?

Question by chicklet: How do I take out some loans just a small bit of money and I will pay back it back during the summer?
I need some money quick to pay for my credit card of $ 600. I am currently a full-time student. I am already taking a loan with the state for school, I recently used $ 1000 to pay for some tutition for the summer. I just want to take out a loan of $ 1500 and I will work during the summer to pay it back immediately since I don’t want to have to be in debt so much!

Best answer:

Answer by Addventure Capital
This would be a great fit for a new person to person lending network. You can get up to $ 25,000 per loan, and can list postings for a number of loans. Join a group like the one below for a better chance of getting funded and for some tips along the way.

Make Sure Your Loan Gets Funded
There are lots of factors that impact the likelihood of your loan getting funded. Through a careful analysis thousands of loans, we found a handful of factors jump to the top of the list. By far the most important factor in whether a loan gets funded is a group leader endorsement. The group leader endorsement was about twice as powerful as any other factor we reviewed.

https://www.prosper.com/groups/group_home.aspx?group_short_name=AddventureCapital

Know better? Leave your own answer in the comments!

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One comment

  1. Geo says:

    try a private student loan. The best thing to do is compare the different private lenders out there, which can be done at http://www.finaid.org/loans/privatestudentloans.phtml
    Most of the rates are very similar but do a little research and pick one that you think is best. I would suggest Think Financial. The application process is very quick and easy, and the check is sent directly to you so you can use the money for whatever you want. The limits are much higher with private student loans, up to $ 40,000 per year. You can find out more information about a Think loan at http://www.thinkfinancial.com . Good Luck.

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