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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.
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Other lenders offer short-term loans with small amounts for those with bad credit and low income. You may be eligible to receive up to $2,000 with these loans. Usually, the term for these range.
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