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Best for. Individuals with poor credit scores who can access this option through their bank or credit union. Car title loans. Car title loans let you borrow between 25 and 50 percent of your ...
Qualifying for a bad credit loan depends on the lender and the type of loan you are applying for. Generally, you will need to have a steady source of income and may need to provide collateral or a ...
Lenders that offer personal loans for bad credit borrowers usually limit you to a $50,000 loan amount. The amount may be significantly lower if you have very low credit scores (below 580) or a ...
Key takeaways. Bad credit lenders may approve borrowers with credit scores in the upper 500s or lower. Loans for bad credit usually come with high annual percentage rates (APRs) and high costs.
Cons. No co-borrowers or co-signers. Loan origination fee of up to 10 percent. High maximum APR. How to get a loan with bad credit. Getting approved for a personal loan with bad credit may be ...
However, like other bad credit loans, your credit score dictates how low your rates and fees will be. Learn more: Check out Bankrate's review of peer-to-peer lender Prosper. 3. Use a home equity ...
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