Keyword Analysis & Research: loans for bad credit guaranteed approval

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Frequently Asked Questions

Can you get approved for a loan with bad credit?

Because FHA home loans are insured they are much less risky for lenders. They are able to lower their minimum requirements for a loan. No longer do you need to have a 620 credit score, people with poor credit can get approved. These “bad credit home loans” are known as a sub-prime mortgage.

What is a good loan for bad credit?

For those who find themselves in situations with poor credit, a bad-credit loan may seem like a good option. In most cases, no credit check will be required. However, with an increased risk to the lender for such personal loans comes an increase interest rate to the buyer.

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