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Borrowers should also be aware that defaulting on an installment loan can have serious consequences, including damage to their credit score and the bad credit loans lockport louisiana la bad credit bad credit loans lockport la possibility of legal action. This can give borrowers peace of mind and confidence in their financial decisions.

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Instead, the bad lender relies on the borrower's creditworthiness and financial history to determine their credit limit. Using a secured credit card responsibly can help you build or rebuild your credit, which may make it easier for you to qualify for a credit line in the loans future.

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