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Web2. Understand the Costs of Getting a Loan With Bad Credit. Generally, loans are more costly for borrowers with bad credit. Lenders that offer bad credit loans may offset their risk by charging a higher origination fee and interest rate, resulting in a … WebSep 2, 2024 · For Personal Loans, APR ranges from 8.30% to 36.00% and origination fee ranges from 3.00% to 6.00% of the loan amount. APRs and origination fees are … the properties of multiplication and addition
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