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Any origination charge on a loan term 4-years or longer will be at least 4.99%. Every time you apply for a loan, it counts as an inquiry on your credit score report. Installment loans may work with bad credit borrowers, but they’re costly. It’s frequent for charges to top 100%and usually you could have between three and 12 months to repay an an installment loan. Compare loans from a number of lenders and learn more about personal loans. Looking for a low-interest personal loan?

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