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The only thing easier than getting a great credit score is getting a really bad one. And the surest way to damage your. resulting in denied mortgage or car loan applications, higher interest rates,
When an unsecured loan is taken out this means that the loan you are getting does not hold any of your assets as security . The interest rate and the monthly payments are fixed over the term of the loan which can be from 1 month up to 84 months depending on the company you are borrowing from .
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SECURED LOANS: YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE, LOAN OR ANY OTHER DEBT SECURED ON IT. We compare loans that can be paid back over terms of between 1 and 25 years.
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Bad Credit Loans. A bad credit loan is a personal loan taken out by a borrower with bad credit. Even though consumers with high credit scores will have more favorable terms, it is possible for borrowers with bad credit to obtain a loan.