Can You Get Loans For Bad Credit That Aren’t A Rip Off?
A reader submitted this question and our team thought it warranted an in-depth response that we shared with all our visitors. They had been looking at some lenders with walk-in stores in their local area, all of who had extortionate interest rates that meant anyone borrowing money would repay 3 or 4 times the original loan amount. They asked us, “Can you get a loan with bad credit that won’t mean you have to keep borrowing money for essentials? I tried a bad credit loan from a place in my town and with all the fees I couldn’t afford groceries for my family! Now I owe more than when I started, help!!!”
The Loan Republic replied personally to the reader with support and advice. It’s disgusting that there are still unregulated lenders who blatantly rip off vulnerable people in this way. That’s why we created The Loan Republic ; we believe in lending that doesn’t penalize people who are already struggling to cope with their finances. You can trust our team; we review bad credit personal loan lenders who represent the best choices across several popular loan categories. Our visitors want short term lending, long term installment loans and everything in between, because people with bad credit have the same needs as everyone else! People want to plan for their future, pay medical expenses, cover emergency repairs, invest in a business and anything else loans are used for; their credit score should not be a barrier to a comfortable life.
The financing companies that we review and approve as top lenders on TheLoanRepublic welcome everyone. They have dynamic, affordable loans to suit every individual applicant. Students; seniors; veterans; people in receipt of disablity checks; single parents,; new immigrants; people with credit defaults; people with an erratic income and people with no credit history at all can qualify with one of our outstanding lenders. You won’t be ripped off with outlandish small print, hidden fees, penalties for late payments, or sneaky APRs. You won’t repay your loan 4 times over. You WILL get a fair loan, that you can afford to repay, that will help you enjoy a better standard of living.
When you choose an affordable loan, on a tight budget, you open the door to better money management. You will find you can afford “luxuries” such as good health insurance, home insurance and other fail-safes, BECAUSE your income is enough for an affordable loan repayment, with money left over. You can plan for the future with a modest savings account, BECAUSE unfair loans aren’t eating your budget. You can live well, even if you start with the disadvantage of bad credit, because our lenders are committed to helping everyone reach a better future. Try them and see!