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The repayment terms generally range from three to 36 months.
So, for instance, if you were to take out a ,000 loan with a 35.99% interest rate and 24-month term, you can expect to pay 7 a month.
They’re a peer-to-peer lending platform, meaning they match up borrowers with individuals willing to lend money.
There’s one important matter to clear up right away: There are plenty of reputable companies willing to give loans to people with bad credit, and you should look into them before you consider taking out a payday loan.
APR also ranges from 18.00% to 35.99%, and typical term lengths can be 24, 36, 48 or even 60 months. When it comes to getting a loan with really, really bad credit, your options are limited.
You can also visit one of their 1,600 branches in person or handle the entire application process online. Borrowers (other than present customers) in these states are subject to these maximum unsecured loan sizes: Florida: ,000. But Bad Credit is a site that connects borrowers with poor credit to a network of willing lenders.
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