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What is the interest rate on loan?
Interest rates are based solely on the severity of your credit. Good credit = low interest rate. Bad credit = higher interest rate.
How does the interest rate for a bad credit debt consolidation loan differ from a regular small bank loan?
The interest rate for a bad credit debt consolidation loan differs from a regular small bank loan because the interest rate for the bad credit debt consolidation loan would be higher. The rate would be higher due to the fact that the one receiving the loan would pose a risk because they have bad credit and obviously had not been good with payments or something in the past. The regular small bank loan would be for those who have good credit, so the interest rate would be normal or lower.
Can you get an auto loan if you have bad credit?
You can get an auto loan with bad credit, but the terms may not be what you want. In many cases, you will pay a significantly higher interest rate each month.
How hard is it to get a loan with bad credit?
It can be pretty difficult to get a loan with bad credit reflecting against you. You may be able to get one but it will have a pretty high interest rate to make up for your bad credit score.
Can I get a mortgage with bad credit?
It is possible to get a mortgage loan with bad credit but you will have to pay a lot higher interest rate and the loan amount will be lower. You can go to HUD and talk to a counselor about securing a mortgage loan with bad credit. There are a few different options for people with bad credit.
What is the interest rate on loan?
Interest rates are based solely on the severity of your credit. Good credit = low interest rate. Bad credit = higher interest rate.
How does the interest rate for a bad credit debt consolidation loan differ from a regular small bank loan?
The interest rate for a bad credit debt consolidation loan differs from a regular small bank loan because the interest rate for the bad credit debt consolidation loan would be higher. The rate would be higher due to the fact that the one receiving the loan would pose a risk because they have bad credit and obviously had not been good with payments or something in the past. The regular small bank loan would be for those who have good credit, so the interest rate would be normal or lower.
do you have a loan for people with bad credit?
I need a loan to get a fresh start AND I will pay back a larger interest rate for the assistantance. autorize credit loan If it is for an auto, try Americredit. The interest rate is ridiculous, but you'll probably get the loan. You can get a pay day loan
How do you get a loan to buy an existing business What extra steps do I take if I have bad credit?
You might be able to get a loan even with bad credit. You will, however, get the loan at a very high interest rate.
Can I get a home loan if I have bad credit?
It is tough to get a home loan with bad credit, however you may be able to get a home loan with a higher interest rate. It will also be easier if you can find a cosignor.
Can you get an auto loan if you have bad credit?
You can get an auto loan with bad credit, but the terms may not be what you want. In many cases, you will pay a significantly higher interest rate each month.
If you have bad credit does having a cosigner with good credit on the loan lower your interest rate?
No. You are considered the primary debtor and therefore the interest rate would depend on your credit history.
Will I have to pay higher interest rates on student loans if I have bad credit?
Anyone with bad credit will pay higher interest rates on a loan, not just a student loan. The lender charges a higher interest rate which enables the facility to receive more interest quicker in case of default.
How hard is it to get a loan with bad credit?
It can be pretty difficult to get a loan with bad credit reflecting against you. You may be able to get one but it will have a pretty high interest rate to make up for your bad credit score.
What is a consolidation loan, good or bad?
A consolidation loan is a loan that lumps all your debt into one big loan often with a set interest rate. Some consider them a good thing while others do not.
Can I get a mortgage with bad credit?
It is possible to get a mortgage loan with bad credit but you will have to pay a lot higher interest rate and the loan amount will be lower. You can go to HUD and talk to a counselor about securing a mortgage loan with bad credit. There are a few different options for people with bad credit.
Where can someone get a car loan with bad credit and unverifiable income?
Yes you can, there are bad credit loan providers out there that will not require proof of income for a higher interest rate. Try this one at http://www.autocreditfinancial.ca if you are in Toronto, Canada.
