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Online personal loan lenders may offer the most options for bad credit borrowers. Some companies use more lenient criteria than traditional banks for approval, such as your job and education history.
Best for borrowers with good credit: SoFi Personal Loans. Best for poor credit or no credit history: Upstart. Best bank loan: Citi® Best credit union loan: Alliant. Best overall: Lightstream. 1 ...
PenFed Credit Union suggests a minimum credit score of 580 for a personal loan, so it’s more of a fair-credit loan than one for bad credit. But it’s worth investigating because the rates are ...
The bottom line. Bad credit personal loans come with high APRs and fees. Explore cheaper alternatives first. If you’re having trouble getting approved for other types of loans and need cash, a ...
No-credit-check loans do not require a review of your credit score, which can make them convenient if you have bad credit. But they can be risky and often have extremely high interest rates and ...
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 ...
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