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If you need a large loan of up to $25,000, peer-to-peer lending is here to help. Unlike car title loans or pawn shop loans, you can borrow an unsecured loan, meaning you dont need to have collateral. You can avoid the hassle of borrowing from a large bank, and you likely will save money. Most peer-to-peer lenders charge lower interest rates than large banks, and they are more willing to work with peers who have lower credit scores. Lenders who participate in peer-to-peer lending do usually check the credit score of the borrower. Because youll be borrowing from another individual rather than a bank or financial institution, there is more room for negotiation regarding terms of repayment. A: College loans bad credit no cosigner, well that can be a difficult situation to be in and is faced by many students across the nation. College education can be quite expensive and students often do not have impressive credit records. Mostly students opt for federal loans as they do not require any credit history, other than that there are private loans that come with strict terms and high interest rates. My Refinance Experience with Quicken Loans
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