POOR CREDIT SCORE DONATION BASED CROWDFUNDING
A bad credit donation based crowdfunding is a special cash donation facility granted through donors who are ready to provide with funds to individuals or entrepreneurs who are suffering under a poor credit score without having to repay the contributors.
A donation crowdfunding for bad credit aims to help borrowers who have a bad bank history and who needs a capital injection to override their existing debts at once as additional loans can only worsen their financial situation.
A bad credit donation crowdfunding can only be achievable if the poor credit score didn’t occur through the borrower's own fault but because of specific personal circumstances which led to this situation.
A donation crowdfunding for bad credit needs to be well prepared in advance and include precise and transparent statements as to how the financial situation of the fundraiser has worsen and explaining the background of the personal story.