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Credit-builder loans: Credit-builder loans are small loans that are designed specifically to help people build or improve their credit. Alternative lenders: Alternative lenders, such as online lenders and non-bank financial institutions, may be more willing to lend to unbanked individuals than traditional banks.
These loans are often marketed as a convenient alternative to traditional loans, but they can be risky and come with high fees and interest rates. With a wide range of loan options and competitive interest rates, banks are a reliable and trustworthy choice for borrowing.