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Lending Point: Best Post-Bankruptcy Personal Bank Loan

Lending Point: Best Post-Bankruptcy Personal Bank Loan

Qualifying for the loan that is personal be specially tricky in the event that you’ve filed bankruptcy into the past. If your bankruptcy is released for at the very least year, LendingPoint may be ready to make use of you.

LendingPoint provides loans to borrowers in 49 states and Washington, DC with credit ratings as low at 585. Qualified applicants can borrow as much as $25,000 and interest levels begin at 15.49per cent as much as 35.99percent.

Reduced credit scores accepted in the event that you satisfy other certification requirements

Last bankruptcy isn’t necessarily a deal killer as long because it had been released at the very least one year ago

No prepayment penalty is applicable should you want to pay down your loan early

Lower optimum loan amount in contrast to other loan providers

Origination charges is often as high as 6%, with regards to the state your geographical area

Greater interest levels set alongside the APR you may be provided somewhere else with better credit

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