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Hi all, i have a question relevant to personal loans and their properties. Usually positives and negatives. Can you tell me and ideally explain what type of personal loan is most advantageous to borrowers? Is it about interest rate or fees and penalties (for non-compliance of conditions)? My friend told me, i have to care about the annual APR. Is it true? What are the most important things in search of the perfect personal loan? I think, that my sense to understand how the loans works is very low. Where and how to compare the lowest possible interests not only at banks but also at the so-called building and loan associations and credit unions (loans to the bill)? And what is my current credit status? Well, it is very low. I can say, my place is between bad credit peoples. I am a long-time borrower, but i am still working! I am trying to pay off all my debts. But it is still the same thing over and over again !!
I found a lot of articles on the topic which type of loan is the best and most convenient for existing borrowers, but ... Almost every council revolves around the family. I can not ask any family member for money. They are in the same or similar situation. No money at all. My positive aspect is the willingness to repay my debts every month, at least something. As I said, my credit score is very low. I am not able to get a bank loan.
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