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2. Borrower must be a citizen of the US. Many people will take on an unsecured loan in order to pay off old debts, as a kind of "stopgap" measure for debt payment. Old debts are not only a burden on your cash flow, but they are also often the main reason behind a person's bad credit history. Late payments and defaults on your credit history will keep you from taking out loans or credit cards, and lendors will be wary of helping you out if you pile up a history of late or no payment. An easy way out -- search for unsecured loans for people with bad credit, and get rid of some old loans or credit card debts. Paying off old debt could be the beginning of your new financial life. Bereavement Ministry - Sister Veronica Gross, Moderator – vgross@mdpparish.com Be employed or have a verifiable source of income
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