Lowest rates and acceptable for a bad credit score Any small loan offers cheaper and quicker pay with the lowest rates. When an average rate is up to 16%, direct lenders are able to provide payments at an 11% rate to meet the requirements of low-income borrowers with a bad credit score...
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This is because the bank is taking a greater risk on your loan than on a loan to someone with a better credit score.[8] Your specific rate in this case can vary based on the loan offer your credit union makes. Consult an online loan repayment calculator to determine your payments and...