About Joe Montgomery Expertise I can answer most any question in this area, unless they are seeking legal advice.
Experience I have worked in the lending industry for over 15 years, and worked in consumer lending, (Personal loans, and small collateral loans) as well as mortgage lending during the first 6 years of my career
Publications Currently an all experts expert for mortgage loans.
Question i never had credit before and im trying to establish some so i can get a 3000 loan. what can i do
Answer You need to realize that without a credit history, you're going to have to start small, and wait a while before you try to increase the amount you borrow. I would recommend you start at your local bank and apply for either a credit card with them, or for a secured credit card that they will report to the credit bureaus.
Typically you'll need to wait 3 to 6 months to see an improvement to you credit score, and most lenders will want to see at least 6 month to 1 year of on time payment history before they will give you additional loans. I hope your need for the $3,000 isn't urgent, but if it is, you may want to consider asking a family member to co-sign with you for this loan. This would also help you establish a credit history.
Hope this answers your question.
