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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 ...
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.
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 ...
You can find loans for borrowers with bad credit through community banks, credit unions and online lenders. Predatory or misleading loans can be disguised as bad credit loans.
Lenders that offer personal loans for bad credit borrowers usually limit you to a $50,000 loan amount. The amount may be significantly lower if you have very low credit scores (below 580) or a ...
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 scam.
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