Bad or poor credit can sneak up on you before you know what is happening. There are many reasons that you may have less-than-perfect credit. Perhaps you lost your job as so many individuals have during the current financial crisis, or became ill and were unable to work to meet payments that were owed to your creditors. Whatever reason might be behind your poor credit, a bad credit personal loan can help you out of your current bind by providing you with loan amounts up to $10,000.
Your credit is considered poor if you have a FICO credit score of less than 650. Although getting a loan with bad credit might be difficult, there are lenders who are willing to take a risk on poor credit borrowers and loan them the money that they need today.
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