Besides having great interest rates and convenient repayment terms such loans do not consider past credit performance of the borrower, thus eliminating the need for a cosigner. (badcreditloanservices.com)
In fact, they care so little about your credit history that they do not bother to run a credit check or do any type of credit inquiries into your previous credit performance. (badcreditloanservices.com)
As was mentioned earlier, unsecured personal loans are credit - based, meaning that past credit performance of a prospective borrower is the most important metric used by lenders. (badcreditloanservices.com)