Best source for a personal loan?

WSO, need your advice: due to health reasons I need a short term loan in the $3k-$5k range, what is the best source?

Planning to research prosper.com and other similar lending sites this evening, also plan on applying for a loan via my credit union.

-Family/friends not an option
-Mom will co-sign (she has perfect credit), my FICO is about ~650 (89% debt to available credit ratio, bad I know)
-I need the money within 2 weeks if possible
-Credit card only an option if they accept co-signers
-Money is for living and moving expenses
-Would prefer a payment term of 24-36 months

Really appreciate your ideas.

-MM

ps if the honorable @thebrofessor" were to chime in, it would make my day

pss lendingclub sent me a promo in the mail and just out of curiosity I asked for $7k and the apr they offered me made me laugh/cringe/cry, something like 36%! yikes

 

thanks for the input. if you have the time i have a few questions about credit union loans: -fine to apply online or should I speak to someone in person? -any tips I should know when applying? any info to make sure to include, or to not disclose? -dumb question maybe but do they prefer shorter or longer loan terms? -what is the typical turnaround time on a loan from a credit union? -i had a car loan with this credit union in the past and paid it off perfectly. i didnt see a place on their online application to mention this but I assume it will show up to them on my credit history? or should I go out of my way to make sure they are aware of this?

 
  • Would recommend applying in person, they might be able to take the app over the phone as well.
  • If you can comfortably handle the higher payments of a shorter term term loan, it might be better to go that route. Although you should not worry about this too much. If you get approved, don't be afraid to call up and ask if you can extend the term.
  • Really depends on the credit union. The credit union I worked at did not have any automated underwriting, so it could take anywhere from a couple of days to a week.
  • They should have records of that in their system if it hasn't been too long since you paid it off. You can mention it to the person taking your app.
 
Making Monkey:
WSO, need your advice: due to health reasons I need a short term loan in the $3k-$5k range, what is the best source?

Planning to research prosper.com and other similar lending sites this evening, also plan on applying for a loan via my credit union.

-Family/friends not an option -Mom will co-sign (she has perfect credit), my FICO is about ~650 (89% debt to available credit ratio, bad I know) -I need the money within 2 weeks if possible -Credit card only an option if they accept co-signers -Money is for living and moving expenses -Would prefer a payment term of 24-36 months

Really appreciate your ideas.

-MM

ps if the honorable @thebrofessor were to chime in, it would make my day

pss lendingclub sent me a promo in the mail and just out of curiosity I asked for $7k and the apr they offered me made me laugh/cringe/cry, something like 36%! yikes

what health reason forces you to pay $5K out of pocket? I'm just wondering

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

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