No one will argue with the idea that traditional lenders are not as willing to lend to applicants with poor credit histories than to those with excellent ones. It is a well-known fact after all. However, we can argue with the idea that a getting personal loans with bad credit histories is impossible.
The fact is that there are more sources for loans than banks, and that means more opportunities to secure funding. The growth of online lenders is one example, while an increasing number of private lending companies have also sprung up. And with each new course comes new products.
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