Why Not Go For An Ordinary Loan
Going for an ordinary loan requires you to prove to the lender your creditworthiness. If you are unable to do so, what you will land is a simple rejection on your application. Rational thinking dictates that these traditional lenders are not going to entertain more risk than they are willing to take. Your claims of creditworthiness are limited to your credit ratings and therefore, if you fail here, you are not getting an ordinary loan.
What's worse than not getting an ordinary loan is getting one that is accompanied by sky-rocketing interest rates. These loans claim to help you but are only sources of further trouble. They end up making the situation worse, let alone helping you in time of need. This is not what you need when you are already suffering from bad credit.
So the point is that when ordinary loans have turned into a target too far, and the only way of having any chance at getting them is tolerating such unreasonable interest rates, aren't you better off not getting one?
We, at East Loans, offer you ease, convenience, and rates that cannot be matched by anyone in the market. You get approval, regardless of how creditworthy you are. No arduous procedures, no never-ending protocols. Transparent service, with unmatchable rates, this is what you get at East Loans. This is why you shouldn't go for an ordinary loan.