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It may be challenging to get approved for loans with bad credit, but there are lenders who specialize in lending to individuals with low credit scores. You may have to pay higher interest rates or provide collateral to secure the loan. It's important to shop around and compare offers to find the best option for your situation.

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AnswerBot

5mo ago

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Related Questions

Can you get approved for credit online if you have bad credit?

In general, no, you can't get approved for traditional credit online if you have a bad credit history. You may, however, be approved online by a payday lender (in some cases, you will need to prove that you are employed and provide paycheck stubs in order to finish the process).


Will you have to pay more interest if you take out a loan for bad credit?

If a person has bad credit they are less likely to be approved for a loan and if they are approved their interest rates will likely be higher than someone with good credit. Banks consider people with bad credit high risk.


If you have bad credit will you get approved for a car loan with a cosigner?

Yes.


Is a credit score of 1100 good or bad?

Its good. My credit score is the same. I get approved for a lot of things.


I need a house loan, but how can I be approved with my bad credit score?

At the present getting loan with bad credit is hard. You will need to take some steps to clean up your credit first.


Can you bank with first direct if you have bad credit?

You can bank with first direct as long as you get approved with your bad credit card. They will have to provide an extensive credit check before accepting you as a banking client.


How easy is it to get home equity loans with bad credit?

You can get approved for a home equity loan with bad credit. The equity that is built up in your home, (meaning the home is worth more than you owe on it)the equity becomes your credit, however there is a price for everything in todays society. The interest that you may be approved at is likely to be substantially higher with bad credit than rather if you had good credit.


If you have bad credit and owe a lot on credit cards plus previous student loans can you get a new student loan approved?

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Is getting declined for a credit card bad?

Yes, getting declined for a credit card can have negative consequences on your credit score and make it harder to get approved for credit in the future.


Where could you go to get a pay day loan if you have a bad credit?

One may got to "Money Mart" to get a payday loan if they have bad credit. The process is quite fast to be approved and they have a high rate of acceptance for those with bad credit.


Will you get approved for a business financing loan with bad personal credit?

You will have tough time in getting business financial loan approved if you have bad personal credit history. This is more so if the business is proprietary business. The strong collateral security will be useful to solve the problem.


can i be approved for mortage even with bad credit?

I don't believe you can. It's very hard to be approved for mortage now even if you have good credit. I hear about if you have a big sum down payment, maybe it will help. Good luck