I keep seeing bad reviews pointing at the cost of the loan and that some were turned down. The cost is no surprise - all the information is right up front. People with bad credit normally don't have many options. The fact that you can actually lower the interest if you stay in good standing is more than any other "bad credit lenders" are doing for you. I needed the money, wanted to save some dignity and not go through a loan process with a "normal" lender and then get turned down in the end. I do agree with the reviews saying this is a great short term solution, but I realize that some will need then entire term to pay back. You actually pay towards the principal, albeit not much, with your first payment. So, in my opinion, I don't this there is a better option out there for those with bad credit trying to get back on track.
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I took out a loan for $1000 and making payments every two weeks of $128 and by their schedule I will be done paying off this loan next year. That is crazy. I will increase my monthly payments, pay them off and will never deal with them again. Please anyone do your research before you borrow. Don't end up like me.
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