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Bad Credit Unsecured Personal Loans – Lowest Interest Rates from Banks Chase, Citi and Capital One Today

Posted on | September 20, 2010 | No Comments



Finding the lowest interest rate for a bad credit unsecured personal loan will likely take research and a little bit of extra effort. Some of the major banks that currently offer bad credit unsecured personal loans include Capital One, Citi and Chase. It is important to realize that these are some of the larger banks in the country but they are definitely not the only options.


In a time when holiday shopping is on the minds of many Americans that will likely be the case that they seek options when it comes to borrowing money. Even though many people have claimed that they are going to cut back on 2010 Halloween costumes and is still likely the case that they will need money to purchase those Christmas gifts later in the year.

At the present time the average interest rate for an unsecured personal loan is between 12% and 18%. Please realize that these interest rates are for borrowers who have a decent credit score and an average debt to income ratio. By having a very poor credit score it could be the case that borrowers find bad credit unsecured personal loan interest rates as high as 20% or more.

Author: Mike Garner



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