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Showing posts from December, 2023

3 Reasons to Make CashCompare Your Chosen Credit Broker for Bad Credit Loans

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  If you have found this blog post having performed a Google search for “bad credit loans” or something similar, you likely know what the name of the game is when it comes to seeking a loan from a credit broker, as an alternative to approaching lenders directly. And the name of that game is: no, credit brokers such as CashCompare won’t lend money to you in their own right. But as they maintain relationships with multiple trusted lenders, they can help direct you towards the right lender – one that is likely to make you a loan offer, even if your credit history is less than immaculate. However, it’s also true that CashCompare isn’t the only credit broker that claims to help make available bad credit loans to those who require them. So, what are just three reasons why you might make us your choice? It’s Free to Apply for a Loan Through Us You can quickly discover what could be possible for a bad credit loan obtained from one of our represented lenders; it’s as simple a pro...

What Distinguishes A ‘Bad Credit Loan’ From A Normal Loan – CashCompare

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  No one wants to end up with a poor credit score, but of course, life happens – you might miss a few payments in relation to a particular financial obligation you have, or you may have undergone certain financial difficulties many years ago that are still keeping your credit score low now. Warning: High-interest rates on bad credit loans can lead to significant financial strain if not managed responsibly. So, if you do have bad credit, does that mean you can wave goodbye to any prospect of being approved for a loan? The short answer is “no, not necessarily”. Contrary to certain long-held perceptions, there isn’t any credit “blacklist”. What a bad credit score will almost certainly do, though, is make it harder for you to get approved for a loan. And if you are granted a loan, the terms probably won’t be as favorable as what someone with a good credit score would be able to obtain. Remember, even if you have a poor credit score, it's important to consider your ability to ...