Best Online Mortgage Lenders for Customer ServiceSEE MY OPTIONS NOW
Strategies for paying your credit card bill on time every time
On the outside, Ranetta Whiting’s 2013 Volkswagen CC Sport was a beaut with its candy white paint, luxurious design and alloy wheels. Under the hood, it was a different story.
"I had to fix everything," said Ranetta, a 43-year-old mother who's spent the last 18 years working in an industrial freezer for a food distribution company in Grand Rapids, Mich. "I had it for only a year."
In that year, she had to flush her transmission, replace her timing belt, repair her coolant system and fix her muffler, which got damaged after the car’s exhaust clamps fell off. "It was just a hot mess," she said.
At the same time, Ranetta fell behind on bills and started negotiating with on when she'd be able to pay them. "I've never had a car take me down like this," she said. "It took all my savings. It took everything from me. I didn’t realize a car could take everything from you."
She started searching for places where she could get loans and came across Equifund. She requested a $3,000 personal loan to tide her over but kept her expectations low. To her astonishment, Equifund connected her with a lender that approved her for funding and deposited the money in her bank account two days later.
"It was a blessing," said Ranetta, who used the money for more repairs and to catch up on bills. "I'm back on my feet."
The money came at the right time, too. Before choosing Equifunds, Ranetta took out a loan with a no credit-check financing company to help pay for new brakes and tires. It helped, but she had 100 days to repay $2,300 or money would be garnished from her checking account each month, she said.
Ranetta's 2013 Volkswagen CC Sport.
"I paid them off in 100 days, but I put some bills on hold" to do it, she said. "I was giving them whole checks. I didn't know what to do; I was so stressed out."
Then came Equifund. She said she was surprised by how easy it was for her to get a loan even though her credit score isn’t as good as she wants it. She was relieved by how quickly she got the money she needed. And she got a rate that was “way better” than her first loan, she said, making her repayment plan much more manageable.
"It was a real big help," she said. "Got my bills squared away. Got my car squared away. I'm where I used to be – in a good spot."
Now, she's working to repay the loan and said she's considering using Equifunds to find financing for a new car.
"(Equifunds) took a chance on me," she said. "It's just been really good. They took the stress off me."
Personal loans are lump sums of money you can use for pretty much anything, including paying off high-interest debt or getting your car back on the road. Go to Equifunds, where you can shop and compare lenders to find the personal loan that best meets your needs.