Common Lonas

Your financial situation is common. Use our service and get help from our lenders

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We’re Ready to Help!

Do you have an extra minute or two right now to send your online inquiry form to us at Common Lonas? We’re ready to help you find a lender now! For more information, read below:

Why should I care about my credit score? Is it important?

Your credit score reflects your spending habits as well as your ability to repay debts. For instance, if you need money urgently and want to request a loan, your lender will want to check if you will be able to pay the loan back according to the terms. If you haven’t paid back loans on time in the past, your credit score will be bad. Before a lender accepts or prepares a new loan for you, this information will be taken into account. In regard to your current debt, if you owe a lot of money a lender will wonder if you will be able to pay for an additional loan. While you can still be accepted for a loan, you’ll get better terms if your credit score is higher.

How do I know if my credit score is bad?

A credit check will use the FICO system to evaluate what your credit score is. The final number is a combination of how deeply you’re in debt as well as your past payment history. Any evaluation that puts your number less than 620 is a bad credit score. There are steps you can take to improve your credit score, but until it passes 620 it’s still bad. Contact us for details on getting a loan with a bad credit score.

Will I get loan approval if I have a bad credit score?

Sure, it’s still possible to get a loan with a bad credit rating. To find out how much you can get, send your online inquiry form to Common Lonas. We will relay your request to a special group of online lenders who might be able to help. When they send you an offer, look over the terms to see if you agree with them. Then sign it and get your cash.

Are there ways to repair bad credit scores?

A bad credit score can be improved by taking a few positive and consistent steps. To begin seeing an improvement, cut down on your debt. If you owe money to a lot of people or places, start paying that off. The less debt you have, the easier it is to improve your credit score. As far as payments are concerned, make sure you don’t pay them late. This is not only an expensive habit, due to late fees and penalties, but it will ruin your credit record. After you pay down your debt and are consistent with making timely payments, your credit rating should rapidly improve.

I cannot seem to get out of debt. Who can help me with my poor credit rating?

By asking friends or doing a search online, you can find private people and financial organizations who advertise help with credit advice. Do the research to confirm that they are reputable before signing on with them. Then when they can see a clear picture of how you got into a bad credit situation, they can give you useful tips for improving your credit status. Improving your credit status can be hard work in the beginning, but the rewards will be worth it!

Get Started On Your Cash! There’s No Need to Wait!

Take the first step to cash by completing the short inquiry form and submitting it to us at Common Lonas.

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