21. June 2014 · Comments Off on Can those with bad credit obtain unsecured loans? · Categories: Uncategorized

If you are looking for an unsecured loan and you have bad credit then you your options are more limited. This is because lenders do not want to lend to people who have poor credit history. A poor credit history is likely to mean that in the past loans may have been defaulted upon and this can affect your credit score for a long time. If you have bad credit and you are looking for an unsecured loan there are realistically two options; credit unions and payday loans.

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