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Key takeaways. A bad credit loan is a type of personal loan that caters to borrowers with credit scores below 670. If handled properly, bad credit loans can boost your credit score by adding to ...
Bad credit loans are available through online lenders, select community banks and credit unions.
Key takeaways. 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 ...
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.
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 ...
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