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People with bad credit may be able to qualify for certain types of bad credit loans.
No-credit-check installment loans. With no-credit-check installment loans, you borrow a lump sum of money and repay it over time through fixed monthly payments. They usually come with larger ...
Moreover, Credit Loan offers you a loan without running any credit checks, and the amount ranges from $250 to $5,000 for bad credit holders. In terms of the annual percentage rate, it ranges from ...
If possible, avoid payday loans, auto title loans or no-credit-check installment loans. Payday loans All you need is proof of a regular paycheck to qualify for a payday loan of up to $500.
It’s easy to get approved for these products even if you have bad credit, but there are significant drawbacks: You’ll pay a hefty APR, sometimes over 400 percent, and only have a short window ...
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.
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