If you have no credit, bad credit, or have filed for bankruptcy, don't waste your time applying for a unsecured personal loan from any of the normal financing and lending companies in your area or over the internet.

And by the way, this applies to you even if you had applied for bankruptcy over 7 to 10 years ago, and the record of your filing for bankruptcy is still on your credit report.

Here are some possible solutions:

First you need to order a copy of your credit report. You need to know what is on your credit report so you will know where to get started. Applying for credit when you already have bad credit will only reduce your credit score.

The Easy Way To Clean Up Your Credit Report

One of the easiest ways to clear up your credit is to look for errors on your credit report. Then write the credit agencies to have the information removed.

Any negative accounts that have been on your credit report for more than 7 years can be removed just by sending the credit reporting agencies a letter.

Next, if you have a old account that has a outstanding balance, you could call that company and offer a lower amount to pay off that account. Many time companies will accept a lower payment to close out and settle your account.

Rebuild Your Credit Options:

If you need a new computer system one way to rebuild your credit is to purchase a new computer system that offers a delayed payment plan. You can not be turned down for this type of financing program because they do not check your credit, and as long as you have a checking account, you are automatically approved. Most companies will require a down payment or you would have to make a few payments on time before they would release your new computer system.

This is a great program because it will help you to rebuild and restore your credit because these types of financing programs will report your payments to the credit bureaus.

Bad Credit Personal Loans

I am sure you have heard of payday loans or cash advance loan programs. If you have a checking account that is in good standing with your bank and you are employed, you should be able to get approved for a $500 payday loan.

Payday loans will not help your credit, but it is a way to get fast cash in just a few hours. Most payday loan programs will want there money back in 2 to 4 weeks and they will collect your payments from your checking account. This is not the best choice to get a loan, but it you need fast cash, it could be a reasonable option.

Credit Cards

Another way to restore your credit is to apply for a credit card program that offers a low line of credit. Normally these types of credit cards will offer to you a line of credit of about $500.00. They will offer to increase your line of credit, once you have used your credit for 6 months and have made all of your payments on time.

Car Loans

Anyone can get approved for a car loan, if they are employed. Car loans will not improve your credit because the financing companies know that if you have not made your payments on time, they will just come by your house and take there car back. Plus they will keep your down payment.