YOUR SPOT IN THE NEW YOU PROGRAM IS WAITING FOR YOU…NOW IT IS TIME TO GET RESOURCEFUL!
HERE IS A LIST OF CREATIVE IDEAS AND FINANCING OPTIONS THAT OUR CLIENTS HAVE USED TO CHANGE THEIR LIVES WITH THE NEW YOU PROGRAM…
- Credit or debit cards
- Combination of credit or debit cards (we have had clients use 4 different credit cards to enroll)
- Emergency credit cards (you know, the one hidden in your underwear drawer)
- Savings account
- IRAs or Retirement accounts
- PayPal balance (I know I find money in there all of the time that I didn’t realize I had)
- PayPal credit
- Credit Karma.com
- Nerd Wallet.com
- Upstart.com
- Pave.com
- Blispay.com
- Having friends and family invest in you (several of our clients have gone this route…and I really mean invest. Pay them back with interest. Few people can refuse 10% interest as a return on investment)
- Going online to apply for low intro rate credit cards; searching “Easy to get credit cards bad credit”
- Crowdfunding
- Tapping into an unused home equity line of credit
- Business loan
- Selling off useless/old things on eBay or Craigslist (clients have sold jewelry, engagement rings, horse trailers…you name it!)
- Collecting debt from family, friends
- Throw a fundraiser! Have friends donate art/ crafts/ things they are ready to part with and have a fundraiser. Better yet, make it an auction!
- Sproutfin.com (small business loan company)
- Article from June 2017 –Easiest Credit Cards To Get
- KabbageBusiness Line of Credit
- Leading credit cards of 2017
- FastCapital360.com
- Fundbox.com
- LendingTree.com
- eFundingNow.com
- USAFundingApplications.org
- Investigate microlenders and web-based lenders.There are several non-bank lenders on the Internet that now offer microloans to entrepreneurs. These loans are typically in the $5,000 to $25,000 range. Some of these sites are excellent sources of capital for those with poor credit and will also report your payments to credit bureaus, which can help raise your credit score if you make timely payments. Be sure to shop around and compare rates since each site offers a twist on how they price loans and spread risk to their lenders/investors. Here are a handful to look into:
Accion
Prosper
Zopa
Count-me-in.org (for women business owners)