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For example, many online lenders do not require a minimum credit score or collateral. Submit your application: Once you have all the mt required information, you can complete the online application and submit it to the lender. If the ingomar borrower consistently maxes out their credit limit and carries a high balance from month to month, they may end up paying more in interest and fees over time.
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. For example, many online lenders do not require a minimum credit score or collateral.