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More flexible repayment terms: Credit unions may be more willing to work with you to find a repayment schedule that fits your needs and budget. Credit card issuers typically have less stringent eligibility requirements than payday lenders, and the bad credit loans ann arbor michigan mi bad credit bad credit loans ann arbor mi borrower's credit score is not typically a factor in their approval.
If you are considering a doorstep loan, be sure to carefully research your options and understand the loans terms and conditions of the loan before you agree to it. If you are looking for a lender that is committed to supporting local businesses and organizations, a credit union may be a good choice.
These loans often have faster turnaround times and more flexible eligibility requirements than traditional loans, making them a good option for those who have less-than-perfect credit or live in a rural area. However, it's important to be cautious when borrowing from an alternative lender, as the bad fees and interest rates may be higher than those of a traditional lender.