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Mortgage rates tend to be much lower than other types of bad credit loans. You may even be eligible for an FHA cash-out refinance with a credit score as low as 500, as long as you have more than ...
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 ...
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 ...
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 ...
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.
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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