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While several personal loan lenders offer loan amounts as high as $100,000, bad credit lenders tend to limit you to $50,000 or less. Repayment terms: Bad credit loan terms usually range between ...
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If you apply with a lender offering bad credit loans, you could get approved with a score as low as 560 or no credit score at all. Still, a higher credit score could mean access to more funds.
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 ...
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 ...
While the average personal loan requires a credit score between 610 and 640, peer-to-peer loans may offer loans as low as 600. Funding times are often similar to what personal loan lenders offer.
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