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Funds are not available for equipment purchases; long-term debt; refinance of existing debt; payment of non-current taxes; distributions or other payments to stockholders; or 100% contract mobilization. Welcome to The Lenders List! Why is the interest rate on student loans higher if I have bad credit? In most cases the lenders in our network require you to have a job, possess a bank account, be a U.S. citizen or resident at least 18 years of age, and earn a certain amount of money each month. Our lenders understand that everyone makes mistakes and encounters rough times - you may still be approved for a payday loan even if you have bad credit or a past bankruptcy.
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No matter what happened in your past to cause your credit rating to drop, bad credit personal loans are there for you. The banks that provide these loans have specialty departments that are solely involved in handling the loans to people with bad credit. They will set up specific repayment terms, work with the borrower on prepayment, and sometimes even require credit counseling as a condition of getting the loan. Financial advisors will always tell you that it is very hard for you to get bad credit installment loans. Many of the lenders you will get that offer you bad credit are going to charge very high interest rates, and if you look at this it makes the whole deal expensive. Mortgage Direct Lenders. shop the loan through many different companies' loan programs. Direct mortgage lenders may have specialized loan programs only.