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Key takeaways. Many alternatives to bad credit loans may come with lower costs and save you money in the long run. Secured options may help you get the financing you need, but will put your ...
5 personal loan alternatives. Personal loans can be used to finance almost any expense, which is why they’re so popular among consumers. But if you can’t qualify for one or would rather avoid ...
1. Credit cards. People often choose credit cards over personal loans because of the payment flexibility they offer. You can use as much or little of your available credit as you want, versus ...
A recent survey by the Consumer Financial Protection Bureau found that among borrowers who had only used a standard, 10-year repayment plan, 31% did not know they could choose an alternative.. In ...
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 ...
Key takeaways. Bad credit loans are costly, and taking out several can lead to cash flow issues. Applying for multiple loans in a short window can also temporarily lower your credit score.
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