The exception being payday loans, which are cash advances that range up to 00 and are typically granted with no credit check.
While they tend to be more accessible to people with bad credit, they are also much more expensive than other types of loans.
That's a good way to check on an interest rate amount.If you have a bad credit record and a poor credit score, being approved for a loan with decent terms, or even simply getting a loan in the first place, can be very challenging.Any option presented to you as a fast and easy solution will most probably be so only on the surface.With a debt consolidation loan, you borrow enough money to pay off your other unsecured debts and wind up with 1 monthly payment for the personal loan.
RATE SEARCH: Interested in a personal loan for debt consolidation? Lenders base their loan decisions on your credit history, which goes into a credit-scoring model to come up with your credit score.The lower the credit score, the higher the interest rate on the loan.