Actually, a credit score has a very limited influence in the whole affair, effectively making the chances of getting loan approval with bad credit so much more likely. (badcreditloanservices.com)
Instead of going through the process of getting a loan from third party, the policyholder can get this loan from a trusted insurer with whom he has already been investing. (coverfox.com)
For this reason, this option is generally only chosen when any chance of getting loan approval despite bad credit seems extremely dim, or when the interest rates to be paid are extensive. (badcreditloanservices.com)