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Installment Loans May Be Best For Bad Credit

It’s also notable that installment loans may be beneficial to bad credit. Your FICO credit rating will be based upon different facets of credit history:

  • 35% Payment History ??“ Repossessions, bankruptcy and payments that are late this score.
  • 30% Debt Burden ??“ present amounts owed, wide range of records with balances, amount paid off, etc. More…