Easy to qualify for –lenders are not interested in your credit history so it rarely matters if you have bad credit or good credit. They want customers who are at least earning a stable income. The amount can be as low as $750 per month. Having an active checking account or savings acc...
known as legal loan sharks, and similar to other bad credit lenders, pawnshops benefit from poor areas. Good news is that you can always get your goods back if you pay off the loan in time.
Of course we're only going to lend to those who have the best credit scores and the least amount of debt. If you want to refinance a mortgage or take out a loan today, it's best topay a small mortgage feethan receive a large credit. But not, so many borrowers think we're ev...
The hope is that income from interest and fees from other subprime credit cards that are still current are making up for the credit losses. The whole thing is structured that way. So the banks take big credit-card risks for big profits. And when the losses pile up, at least at first, ...