Nashua NH
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 >

New Hampshire Lenders > Nashua

This page was last updated November 2018

Commentary for informational purposes only. See disclaimers here.

Compare Bad Credit Lenders (2019)

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

Fair Credit Lenders in Nashua NH

Lenders: contact us for listing removal.

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

Granite State Credit Union
19 Elm Street Nashua
NH 03060 / www.gscu.org
603.668.2221

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

Triangle Credit Union
33 Franklin Street, Nashua
NH 03064 / www.trianglecu.org
603.889.2470

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

Bellwether Community Credit Union
409 Amherst Street, Nashua
NH 03063 / www.bccu.org
603.645.8181

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

Digital Federal Credit Union
379 Amherst Street, Nashua
NH 03063 / www.dcu.org
800.328.8797

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

Jeanne D'Arc Credit Union
102 Spit Brook Road, Nashua
NH 03062 / www.jdcu.org
978.452.5001

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

Gateway Credit Union
14 Spruce Street, Nashua
NH 03060 / 603.889.6964

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

Tilting N.H. Triangle CU
15-17 Worcester Street, Nashua
NH 03060

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

Bar Harbor Bank & Trust
115 Daniel Webster Highway
Nashua, NH 03060 / www.bhbt.com
603.888.0999

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

NBT Bank of Nashua
221 Main Street, Nashua
NH 03060 / www.nbtbank.com
603.578.2652

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

Merrimack County Savings Bank
101 Broad Street, Nashua
NH 03064 / themerrimack.com
603.880.7000

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

Bad Credit Loans in Nashua NH

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

Learn about GAP (Gift Angel Program)

 

Nashua NH Lender Area Map

Nashua Bad Credit Lenders Map - Initial Static Image

Tap image for interactive map.

Nashua NH Loan App Volume

Top 5 Nashua neighborhood loan app volume

  1. Coburn Woods
  2. North End
  3. South End
  4. Crown Hill
  5. Grainte Hill

Soldiers & Sailors Monument Nashua NH: Licensing

Nashua Bad Credit Loan Example

Jim has at least six credit cards and all of them carry the maximum balance of $5000 each. Both he and his wife could not get control of their finances and bill payment when it comes to using credit.

With six credit cards all at the maximum, it drove their credit score into a nose dive and now they have a very low credit score.

They have finally realized that this approach is not going to work for them any longer and they are trying to decide if they should declare bankruptcy or try to obtain a loan to consolidate their debt.

Obtaining a loan and repaying it is by far the better choice if you ever want to have a good credit score.

They both had one credit card each when they first got married. Setting up a home is expensive and they charged everything to their cards.

They were offered new credit cards which they took advantage of and before they knew what happened, these were at the maximum level as well.

With so much debt and high interest rates it will take a long time for them to repay their debt unless they can consolidate this debt at a much lower interest rate.

With a bad credit score it can be difficult to find a lender to approve them for a loan. At the very least, they will pay a higher interest rate than someone with a high credit rating.

Still, even with a high loan rate, it should be lower than the amount of interest they are paying on their credit card debt which is around 19%.

They would like a loan of $30000, which they intend to repay over a fifteen year period. The only way they can do this is by providing their home as security for the loan. It will likely be considered a second mortgage on their home.

A $30000 loan with a 15 year term 5.9% interest rate for Jim would cost him the following per month:

Loan Amount (principal) = $30000
Interest Rate = 5.9%
Term Length = 15 year
Monthly Payment = $251.54
Total Paid Back = $45277.04
Total Interest = $15277.04

Payments will only be $251.54 a month. If they can afford larger payments, they should really consider taking this option and reducing the time it takes them to repay this debt.

Not only would they repay the loan more quickly they will also pay far less total interest as well, saving them thousands of dollars.

Jim and his wife also plan to close several of the credit card accounts so they are no longer tempted to use them. He might consider just locking them away where they cannot be used and keeping the accounts open.

This approach would actually help his overall credit score since he would have unused debt potential. Jim must be sure that he and his wife will not be tempted to use them if he decides to take this approach.

While they will have difficulty finding a lender willing to approve a bad credit loan, they have a good plan and they have stable incomes which is in their favor.

They have not missed any payments in terms of rent, utilities and other loan payments. It is anticipated that Jim will be approved for a loan and will be able to consolidate his credit card debt.

If you're living in Nashua like Jim, and need a loan regardless of your credit rating, we may be able to help you find a willing lender.

Sincerely,

Chris Somerset

Chris Somerset is a writer for the WFL Project.

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

Upgrades Nearest Nashua NH

Job/Income Upgrades: Indeed / Monster

Education Upgrades: College / University

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

Nashua Credit Counseling

Nashua Credit Counsellors Map - Initial Static Image

Tap image for interactive map.

Counselors contact us for listing removal or info change.

New Hampshire Credit Services
41 Simon Street #2A Nashua
NH 03060 / 603.883.4192

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

GreenPath Debt Solutions
105 Loudon Road Building #1
Concord, NH 03302
www.greenpath.com
800.327.6778

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

Federal Resources

FTC Budget PDF / USA.GOV Debt Info

Nashua Assistance Programs

Food Bank: Corpus Christi Food Pantry / Address: 3 Crown Street, Nashua, NH 03060 / Phone: 603.598.1641

Hot/Cold Meals: Nashua Soup Kitchen & Shelter / Address: 2 Quincy Street, Nashua, NH 03060 / Phone: 603.889.7770

Shelter In Case of Eviction: Shelter For the Homeless / Address: 58 Ash Street, Nashua, NH 03060 / Phone: 603.883.1101

Social Assistance Programs: Nashua Welfare Department / Address: 18 Mulberry Street, Nashua, NH 03060 / Phone: 603.589.4555

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

Usury Law Governing Nashua NH

Summary of New Hampshire Usury Law(s) / Legal: 10% / Contract: Any rate agreed to / Judgment: New Hampshire judgment rate is 2% over average U.S. 52 week Treasury Bill rate at their last auction prior to September 30 / Corporate: No specified rate (read more on New Hampshire lending laws)

Complaint process for Nashua residents:

New Hampshire Banking Department / New Hampshire Complaint Process / New Hampshire Complaint Form (PDF)

Physical Address: Hampshire Banking Department / 53 Regional Drive, Suite 200, Concord NH, 03301 / Fax: 603.271.1090 / Phone: 603.271.3561 / Email: legal@banking.nh.gov

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

WFL Loan Products

Nashua residents who require a fresh start with a bad credit loan to rebuild credit learn more here. Or, perhaps your score is just fair - you can learn more here. If you're in debt way over your head, you can learn about our debt consolidation solutions here.

Loan Calculator / Estimation Only

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

Ad Disclosure / APR & Fees / Collection

Default Implications

 

To Top

©2018 We Find Lenders Inc. All Rights Reserved