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Lenders have to check a borrowers credit history to ensure that the borrower does not get into too much. AFCC BBB A Accredited.
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For example if you receive a 10000 loan with a 36-month term and a 1798 APR which includes a 1432 yearly interest rate and a 5 one-time origination fee you. WeLoans provides borrowers with an easy way of getting payday loans with no credit check from up to 5000 even without any credit history. A personal loan for bad credit with Easy Cash Loans offers urgent approval for up to R150000 at a competitive interest rate starting from 28 and a flexible repayment term.
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So if you want to get approved by one of these lenders you need to have a decent credit score.
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