Bad Credit Loans Blog

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The 4 Types of Bad Credit Loans

  Bad credit loans come in different shapes and sizes, so to speak. There’s not only an inherent “bad credit loan” that applies in all circumstances. In fact, there are no less than 4 distinct types of bad credit loans. Each of them has its own particularities that make it stand out from the rest. It is very important for you to know all of them, in order to be able to assess what type would be best for the situation you are in. Bad credit loans wouldn’t be of much help if you chose them for all the wrong […]

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Tips for Getting a Bad Credit Loan

  Getting bad credit loans is not impossible, but it can be difficult, to some degree, if you have an “interesting” credit history. Many lenders can accept your request for a loan under some restrictions. But some people are flat-out refused due to their poor credit history. In today’s article, we will talk about bad credit loans and how to get them. We will present a couple of methods that will improve your odds of getting your request accepted.   Why Do You Need a Bad Credit Loan? Bad credit loans can be taken for personal use, for your car, […]

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Debunked Myths About Bad Credit Loans

  No person in this world has a perfect credit history – unless you’ve always lived on a mountain, where you never had to use banks, credit cards or pay bills. However, if you are part of the 99.9% people who rely on some sort of credit, you’ve probably heard of these myths about bad credit loans before. We’ll be the MythBusters, Australian version.   I Can’t Get A Home Loan If I Don’t Have A Good Credit History There may have been a time when getting a bad credit loan was not an easy task. However, that was only […]

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How to Spot Bad Credit Loan Scams

  You know you’re in a pickle when you need a bad credit loan. Bad credit loans do exist. Subsequently, bad credit loan scams are real, as well. A lot of persons fall into the traps of certain “companies” that promise money in as little as 24 hours from the request. It’s not ethical, obviously, but nothing is in this day and age. The Internet, as fascinating as it would be, facilitated the appearance of hundreds of scammers. If you need a bad credit loan, you must learn how to shield yourself against bad credit loan scams. They’re everywhere, but […]

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Do I Really Need Help from a Debt Counsellor?

  Being indebted is nerve-wracking. It’s like having an enormous load on your shoulders 24/7. The prospect that the situation will remain unchanged for years to come (depending on the size of the debt), is even more horrifying. “Default” and “bankruptcy” start recurring in your mind, and they seem so incredibly efficient that you’re inching towards destroying your own life. Naturally, every person who is in debt looks for methods of getting rid of it. Financial tools like debt consolidation and refinancing can help, to some degree, but sometimes give birth to even more debt. In this case, would debt […]

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Overwhelmed by Your Personal Loans? Here’s What You Can Do

When thinking about life after university, most people also reflect on the necessity of financial aid if they don’t have a job lined up right away. Eventually most end up getting personal loans to deal with their everyday bills and expenses. The opportunity of following your dream does not come cheap and it’s especially inconvenient considering that the average uni student doesn’t have a job ready. So what happens if you still don’t have a job or have just minimum-wage to pay back your personal loans? Get another personal loan on top of the first one? How can we get […]

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Top Things You Need to Know about Bad Credit Loans

Sometimes, things do not go according to the plan. You cannot gather the finances for a timely monthly repayment, or you default on your loan altogether because the interest rates are too high. Your credit score plummets, and it makes it impossible for you to get another loan. Bad credit loans, however, are given by lenders who do not care for your faulty score. But does this make them infallible and the best choice you have? Well, you will decide this yourself after we take a closer look at bad credit loans. Facts About Bad Credit Loans They can be […]

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Should I Try to Repair My Credit or Get a Bad Credit Loan?

Even though there are many methods of initiating credit repair, some people prefer to rely on bad credit loans. But now the following question is warranted: what should one do first, repair his credit, or blow past it and get a bad credit loan? All implications considered, if you are in such a situation, you should definitely try to use credit repair first. Why Use Credit Repair Instead of Getting a Bad Credit Loan? Bad credit loans are remarkably helpful, that is true. In particular, because you can get a bad credit loan quicker than you can repair your credit […]

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Should I Know How Much Debt I Have?

There are two types of people in this world: those who cumulate all of their debts to see how much they have to pay, and those who separate their loans to keep themselves in the continuous state of denial – believing that they don’t have such a big debt to pay. Do you even want to know how much you owe? Well, you should. Why Should I Care? Be true to yourself For instance, let’s say that someone has $20,000 in personal loans, $10,000 in car loans and $5,000 in credit card debt. In their minds, it sounds better than […]

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Financial Dilemma: Which Debt Should You Pay Off First?

If you want to learn how to pay your debts easily, we will tell you that there is no easy way around it. No matter what you do, you eventually have to pay the money. However, there are still ways for you to make the process less stressful – and that is by figuring out a payment priority. Discovering the Order So how to pay your debts in an appropriate order so that you can save money? There are many theories. One option is for you to pay the debts with the highest interest rates first, and then pay the […]

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