Bad Credit Unsecured Personal Loans – Help to Pay for IRS Taxes by April 15th
Posted on | March 29, 2010 | No Comments
If you need assistance to help you pay for IRS taxes by April 15th then you may want to consider borrowing money through a loan. A bad credit unsecured personal loan will allow you to borrow up to $15,000 if you qualify. If you have a good credit score you could also get a reasonable interest rate.
At the present time the average interest rate on a personal loan is between 12% and 18%. It is important to understand that your credit score will greatly determine the interest rate you get on a loan. If you have a credit score above 740 you could get a very attractive rate.
If you have a credit score that is well below 680 and you have seen your score drop over the last several months there’s a good chance that you could get a interest rate at the high-end of this range or possibly even above 20%. Unfortunately, having a bad credit score leaves you very few options.
To help pay for government IRS taxes you could seek a personal loan. While this is not always the best choice to pay off taxes it might be your only opportunity. You do not want to get in bad standing with the government so it might be reasonable to use the loan to pay for your taxes.
Author: Mike Garner
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