San Jose CA
Fair To Bad Credit Loans

We Find Lenders Who Lend To Bad Credit Borrowers

We Find Lenders Inc. Fair To Bad Credit Loans Logo

Home > How To Apply >

California Lenders > San Jose

This page was last updated November 2018

Commentary is for informational purposes only. See legal disclaimers here.

Compare Bad Credit Lenders (2019)

Let's get you approved
Enter zip and your 3 digit credit score.

Fair Credit Lenders in San Jose CA

Lenders: contact us for listing removal.

Provident Credit Union
1757 Technology Dr #10, San Jose, CA 95110
providentcu.org
800.632.4600

- - - - - - - - - - - - - - - - - - - - - - - -

Meriwest Credit Union / Chesbro Financial Center
5615 Chesbro Ave, San Jose, CA 95123
www.meriwest.com
877.637.4937

- - - - - - - - - - - - - - - - - - - - - - - -

Star One Credit Union
3136 Stevens Creek Blvd, San Jose, CA 95128
www.starone.org
866.543.5202

- - - - - - - - - - - - - - - - - - - - - - - -

Technology Credit Union
2010 N 1st St, San Jose, CA 95131
www.techcu.com
800.553.0880

- - - - - - - - - - - - - - - - - - - - - - - -

CommonWealth Central Credit Union
3075 Union Ave, San Jose, CA 95124
www..commonwealthcu.org
408.531.3100

- - - - - - - - - - - - - - - - - - - - - - - -

First Republic Bank
1625 The Alameda, San Jose, CA 95126
www.firstrepublic.com
408.999.0242

- - - - - - - - - - - - - - - - - - - - - - - -

US Bank Branch
2980 E Capitol Expy, San Jose, CA 95148
locationsusbank.com
669.234.5069

- - - - - - - - - - - - - - - - - - - - - - - -

Heritage Bank of Commerce
150 S Almaden Blvd, San Jose, CA 95113
www.heritagebankofcommerce.com
408.947.6900


- - - - - - - - - - - - - - - - - - - - - - - -

Bad Credit Loan Form for San Jose

Fast Loan Pre-App Method
Accessing Bad Credit Lender Pool (?)

Learn about GAP (Gift Angel Program)

 

San Jose CA Lender Service Area Map

San Jose Bad Credit Lenders Map - Initial Static Image

Tap image for larger interactive map.

San Jose 5x5 Loan App Volume

Top 5 San Jose neighborhoods for loan application volume in the last 5 months. Source: WFL Lender Pool. Updated Monthly.

  1. Spartan/Keys
  2. Holy Oaks
  3. Auzerais/Josefa
  4. Capewood
  5. Serenede

Winchester Mystery House in San Jose: Licensing/Credit

Bad Credit Loan Example In San Jose

This consumer in San Jose ran into a number of life issues that strike all of us at some time in our lives. In this case he had an accident at work, was off on disability for 4 months and incurred a number of medical related expenses which were not covered by the insurance company.

The combination of having less income along with the additional expenses has put them in debt on their credit cards.

He is back at work now and working extra hours to make additional money to pay of his debt.

They made the mistake of missing a few payments as well which combined with their total debt on the credit cards contributed to 400 level credit score. He is finding it difficult to be approved for a loan with a 400 credit score.

If this was not bad enough, their roof is leaking and they need major repairs which will cost almost $10000. They would like to borrow a total of $25000 and consolidate their high interest credit card bills along with the roof repairs. They are having a difficult time finding a lender willing to take a risk with them given their low credit rating score.

The homeowner did not offer his home as equity, and we are not clear how large the existing mortgage is or whether he could combine the existing mortgage with the additional amount he would like to borrow.

If he was able to consolidate all his debt into one secured mortgage payment, he might qualify for a lower interest rate and a lower overall monthly payment. He will need to provide more information if he wishes to pursue this option.

Regarding his roof, we wonder if he has explored the idea of repairs rather than replacement. We obviously have no idea why the roof is leaking or what condition it is in. If he could make repairs, the cost would be substantially lower providing him with some breathing room until he gets his other debts under control.

Although he did not discuss emergency savings, we assume that there are no savings for him to draw on and reduce his overall debt. Perhaps this is something he and his wife will consider in the future. In addition, he did not mention if he owed anything on his vehicle or vehicles. These debts would also need to be considered when make a decision regarding a loan especially with a low credit score.

Below is a breakdown of her loan request from her submitted information;

Principal: $25000

When Needed: Like most people I guess we need the money yesterday. Our credit card payments are due within 5 days and we have emergency repairs to our home to contend with.

City: San Jose, California

Zip: 61616

Employment: Auto mechanic

Credit Score: Not good, currently I have a 400 credit score due to missed payment and credit card balances.

Income: $3670 monthly

Comment: Our problems started when I had an accident at work and had to go on disability for 4 months. Basically I was off work for the entire time and could not work. Although I was covered by disability payments, the amount I was paid was not close to what I would normally earn in a 40-hour week.

We cut back on expenses during this time frame but it was not enough. Then there were the medical bills. Although the accident happened at work and they paid for almost everything, there were some expenses that we had that the insurance just would not cover. With more time on my hands I also spent more money as well which did not help us financially at all.

The bottom line is that my wife and I incurred credit card balances that we could not pay on time which in turn triggered high interest rate charges which just make the problems worse. We have about $25000 in total debt in addition to our mortgage. We would like to consolidate everything into one monthly low interest payment to improve our cash flow and let us get back on track.

The problem is that during this time we failed to make some monthly payments which in turn really hits your credit score. Combined with what we owe on credit and our payment history, our credit score is now down to 400. We have tried borrowing money from our bank, but they do not offer what they consider to be high risk loans. They will not consider any loan application from us.

Now we have an emergency repair to our home that is required. The roof starting leaking and we are told that it will cost almost $10000 to replace the roof.

What can go wrong next?

The good news is that I am back to work and also putting in extra hours to try and make more money to pay towards our monthly bills and also pay down our debt. It will take a long time to pay off this debt at the crazy high interest rates we currently have.

Anything below the 21% that the credit cards are charging will save us money. If I can find a loan to consolidate my debt at a lower interest rate, we will be able to pay down the debt more quickly.

We are looking for any help and suggestions that can be provided. We are trying to get back on our feet financially. I am working overtime at my job as much as I can and my wife is cutting back on expenses as well. Can you assist us?

If you live in the San Jose CA and you need a loan regardless of a bad credit rating we hope our website helps you in some way.

Sincerely,

Andy Somerset

Andy Somerset is the son of Lance Somerset who founded the We Find Lenders Pool. He writes for WeFindLenders.com whenever he's not working hard on his degree in finance.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Employment & Education Advancement Opportunities in San Jose CA

If you live in San Jose and you're struggling with making ends meet, you may consider advancing your education and/or finding a higher paying job. We've provided some links here to help with that.

Job Upgrade: Indeed / Monster

Education Advancement: College / University

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Credit Counseling In San Jose

San Jose Credit Counsellors Map - Initial Static Image

Tap image for larger interactive map.

Debt Doctors Credit Counseling
111 N Market Street, San Jose, CA 95113
(408) 675-5300


- - - - - - - - - - - - - - - - - - - - - - - -

San Jose Credit Repair & Counseling
88 S 3rd Street, San Jose, CA 95113
(408) 705-4947

- - - - - - - - - - - - - - - - - - - - - - - -

A Better Credit Service
1885 The Alameda, San Jose, CA 95126
(408) 564-0316

- - - - - - - - - - - - - - - - - - - - - - - -

Federal Resources

FTC Budget PDF / USA.GOV Debt Info

San Jose Assistance Programs

Food Bank: Second Harvest Food Bank / Address: 4001 North 1st Street, San Jose, CA 95134 / Phone: 408.266.8866

Hot/Cold Meals: Loaves & Fishes Family Kitchen / Address: 1534 Berger Drive, San Jose, CA 95112 / Phone: 408.922.9085

Shelter In Case of Eviction: Home First / Address: 2011 Little Orchard Street, San Jose, CA 95125 / Phone: 408.294.2100

Social Assistance Programs: Santa Clara County Social Services / Address: 1919 Senter Road, San Jose, CA 95112 / Phone: 408.758.3100

- - - - - - - - - - - - - - - - - - - - - - - -

Usury and Regs. Governing San Jose

California DOB Website / California Usury Law Codes

Summary of California Usury Law(s) / Legal: 7% Contract: 10% for personal, family or household purposes or any other purposes / Judgment: 10% / file an online complaint, or learn more about the legal code(s) applicable to the State of California view our California State page.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - -

WFL Loan Product Menu

  • Bad credit scores below FICO 650
  • 200+ lenders review your pre-application(s)
  • Applying does not worsen your credit score
  • Interest rates starting as low as 9% (cs)
  • Collateral not always required
  • Funding between 24 hours and 5 days
  • Terms from 6 months to 10 years
  • Borrow between $500 and $50,000
  • Loans for people with 650+ credit scores
  • 500+ lenders can review your application
  • Interest rates starting as low as 7% (cs)
  • Fast approvals and fast funding
  • Line of credit approvals with reasonable APR
  • Borrow between $500 and $150,000
  • Lenders who provide bad credit consolidation
  • Debt settlement or debt relief services
  • 300+ lenders can review your application
  • Interest rates starting as low as 7% (cs)
  • Seamless approval and funding process
  • Debt relief counseling available
  • Borrow form $5000 - $150,000

 

Loan Calculator For Crunching Numbers

- - - - - - - - - - - - - - - - - - - - - Enter
  Loan Amount
  Interest rate
  Term In Yrs
- - - - - - - - - - - - - - - - - - - - - Results
  Mo. Payment
  $$ To Lender
  $$ of Interest

 

Important Information

FAQ / Privacy / Terms / Contact / Site Map

Disclaimer / Security / FICO Impact / Credits

About the WFL Lender Pool / Our Team

Ad Disclosure / APR & Fees / Collection

Default Implications / Service Areas

 

Back to Top

©2018 We Find Lenders Inc. All Rights Reserved