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Who accepts Bad Credit?

Borrowers with bad credit may have a much harder time getting authorized for credit, as banking institutions and credit unions will probably turn down loan applications. With restricted choices, borrowers may become more happy to accept exorbitant rates of interest and inflexible terms. Loan providers whom make an effort to make the most of borrowers with bad credit are thought “predatory loan providers. “

Predatory lenders—like payday car and loan title loan providers—operate on line and in storefronts.


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