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Danna
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Danna asked 15 days ago in P2P Loans

I have poor credit but make a good income and have ability to pay back a loan would P2P be able to help me?

I have poor credit but make a good income and have ability to pay back a loan. I have been in a caregiving situation for four years and the stress got overwelming for me. i have been slow paying bills and some things got out of hand I need a loan to catch up. I have a low debt to income ratio and a lot of equity in my home. would a P2P loan be right for me?

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Ari Weinberg
FiLife Contributor
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P2P rates in this situation would probably come in higher than a Home Equity Loan or refinance. If you have the ability to pay back a loan, you should do it.

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