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The bottom line. Bad credit personal loans come with high APRs and fees. Explore cheaper alternatives first. If you’re having trouble getting approved for other types of loans and need cash, a ...
See related: This month's best bad credit loans. 1. Check your credit score and credit reports ... Peer-to-peer loans: A peer-to-peer loan is a type of personal loan funded by a group of people or ...
Bad credit loans come with higher interest rates than other types of personal loans. Rates may be similar to those of credit cards , which averaged 20.66 percent in May. But credit card interest ...
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 ...
Loans for bad credit often come with high rates and fees. Watch out for lenders that contact you consistently, promise approval or charge rates above 35.99 percent, they're likely a scam.
Predatory or misleading loans can be disguised as bad credit loans. If the rate is above 35.99 percent, you'll want to find a lower-interest option. Bad credit loans can come with challenges like ...
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