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Bad Credit Loans has been finding lenders for bad-credit borrowers since 1998. It provides the option for no credit check loans and specializes in loans to folks with poor or thin credit. Typical loan amounts range from $500 to $10,000 with repayment terms of three to 60 months.

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But sharks aren't new to the financial waters. In 1934, Republican presidential candidate Thomas Dewey of New York helped break up the city's loan shark racket that charged upward of 1,040% interest with enforcement methods that included beatings and death threats. At the time, some loan sharks made upward of $1 million each week. In today ...Loan amounts can range from $2,000 to $50,000 and they typically come with an APR that can range from 5.99% to 29.99%. Loan terms are only available for either 3 or 5-years. Pros: Lower loan amounts for quick emergency expenses like car repairs. Almost no restrictions on fund use. Cons: Higher APRs. Charges an origination fee

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