How Bad Credit Personal Loans Work

Bad Credit Personal Loans Explained

Bad credit personal loans are lending arrangements designed for people who have experienced some type of financial issues in the past. The loans are usually structured to allow debtors to receiving the funding they request and remit installment payments for a specified period of time. While the bad credit personal loan functions a lot like the personal loans you can get from the bank, there are a few things you should know in advance. Here are five essentials to consider before you submit an application.

Most Lenders Require a Minimum Credit Score

While lenders of bad credit loans typically have less stringent requirements, there are still conditions that applicants must meet. For example, the lender is likely to require a credit score that at least meets the minimum standards set. For example, the lender may make it clear that all successful applicants will have a score of at least 550. Check on this qualification before you submit any applications for bad credit personal loans and you’ll save yourself a lot of time and trouble.

Expect a Greater Than Average Interest Rate

By choosing to do business with you, the lender offering that personal loan with bad credit is assuming a greater level of risk. One of the ways that the risk is offset is by charging an interest rate that’s higher than the current average. While it’s helpful to know what the current prime rate happens to be, your chances of being offered that rate are somewhere between slim and none. At best, use it as a means of seeing how close different lenders come to that rate. Remember that there is competition between lenders who offer higher-risk loans. If you are unsure about the rate provided in a loan offer, feel free to see what type of rate you can get with a personal loan for bad credit from a different lender. Even a minor difference could save a reasonable amount of money over the life of the loan.

There May or May Not Be Recurring Charges

The higher interest rate is not the only way that the lender minimizes the risk of offering personal loans with bad credit. There may be fees and charges that are not found with a typical bank loan. For example, you may or may not have fees relate to payment processing or account handling that are assessed on a recurring basis. The only way to determine if any additional charges apply is to ask for a schedule of fees and charges. If you’re not sure what a certain fee relates to, ask for an example. That will give you a better idea about what it will be like to work with that lender.

Not All Lenders Report Your Payment Activity

One of the reasons you are seeking a bad credit loan is because your credit score is low. Hopefully, managing this loan responsibly will result in improving your score by several points. This will only happen if the lender reports to at least one of the three major credit bureaus. What you may not know is that some lenders of personal loans for people with less than perfect credit do not report to any of those bureaus. That’s not a lender you want to do business with, especially if one of your goals is to improve your score. Never assume anything; ask the lender which bureaus are reported to and how frequently.

You Can Often Apply Online or in Person and Have a Response the Same Day

Did you know that it’s possible to receive a response to your application on the same day that you remit it? In both an online environment as well as applying in person, many lenders who offer loans for poor credit will provide an answer in a matter of hours. The funds may be in your bank account as soon as the following business day. That comes in handy if you need the money from a personal loan to take care of something sooner rather than later. Remember that personal loans for less than perfect credit serve a useful purpose. They may be the right solution for you. Do your research, know how to compare offers, and make sure you lock in the best possible terms and conditions. With proper management on your part, you may be able to get better terms the next time.


CIRS (Chronic Inflammatory Response Syndrome) and Biotoxin Illness

I met with my functional medicine doctor yesterday, and we went over all my symptoms and the fact that I really haven’t made any healing progress since I started seeing her in October. In fact, I feel like my health has actually declined. She said my symptoms- fatigue, thyroid and adrenal problems, memory loss, anxiety, plus the fact that I failed the Shoemaker vision test indicated that I have CIRS, or biotoxin illness, most likely from mold exposure at some point in my life.

While I am relieved to have a guess as to what’s going on with my body, I am also completely overwhelmed as to how we are going to move forward with treating my body and possibly our house. Our first step in healing my body is to actually take a medicine called cholestyramine, which will help bind to the toxins and remove them from my body. I’m nervous because I don’t want to suffer from detox effects, but I also am really tired of feeling like I’m dying. I need to keep working on eating healthy and supporting my body naturally to help it detox.

We also need to have our house inspected to see if there is any hidden mold. This completely overwhelms me because I feel like it’s a silent killer, and could possibly be lurking all in our house and all over our possessions. Thankfully we have been living minimally for years, and this is actually propelling us to live with even less. I have heard stories of some people who actually lock the doors and leave their houses with everything in it and move. I really hope it doesn’t come down to that for us! It makes me so sad to think about that. My daughter was born in our bathroom seven years ago, my sister lives next door, and we can picture ourselves living here for a long time and being happy.

I’ve called a few local companies but I don’t feel like they have given me the answers that I would like. My doctor’s office is going to be calling around to see if they can find a good company for us to have come out. In the meantime, I’m doing everything I can to keep the air in our house healthy- diffusing a thieves type blend essential oil, opening windows when it’s nice out, and I’m looking into purchasing an air purifier for our house.

It’s completely overwhelming to me. I feel like the treatment for myself and possibly the house are going to cost so much money it scares me. However, I have felt so bad for so long that at this point I would do pretty much whatever is necessary to heal my body and feel better! I can’t wait until the day that I feel good like I used to.

The good news is that if this is truly what we are dealing with, with the medicine I’m going to be taking, I should notice a difference within a few weeks. I surely hope so!

I will be sure to update on the progress of everything. I feel hopeful that we have a plan, and I am praying that healing will come quickly!


4 Point Saliva Cortisol Test for Adrenal Fatigue

In my quest to treat adrenal fatigue naturally, I have found some lab testing to be very helpful. First off, a complete thyroid panel with Free T3, Free T4, total T4, Reverse T3, TSH, and the two types of thyroid antibodies. I actually recently pulled this myself as I was curious what my levels were. The other test that I think is extremely helpful is the four point saliva cortisol test. I recently completed this and received my results.

Cortisol is highest in the morning and then drops as the day progresses. Optimal cortisol follows that curve. My cortisol test came back low, low, high, high. The only one that was way out of range was the “evening” one. I am now taking PS 100 about an hour before each high was recorded- around 4pm and then 9pm. That will hopefully help get my cortisol back on track and the theory is that if you bring down the highs, the lows will come up. If I don’t feel like it’s helping bring the lows up, I will use Thorne Adrenal Cortex to bring up the lows. My thinking is that the lows really aren’t that low, so hopefully they will start to rise as my cortisol falls.

I’m also trying to make sure that my blood sugar is balanced. It seems as though people with adrenal fatigue experience reactive hypoglycemia symptoms and I am really bad about making sure that I’m eating on time. Sometimes I wait until I’m starting to get shaky and that’s terrible. I also have been making sure to eat protein, fat, and carbs together. Before bed, I make sure I have a snack. When I don’t, I’ve been waking up with my heart pounding in the middle of the night! It’s a terrible feeling!

My functional medicine doctor is also exploring the possibility of mold toxicity. I am hoping and praying that is not the root cause of all of this. I’m hoping it is just adrenal and thyroid problems. I think personally my case is more adrenal than thyroid, as I tried thyroid hormones but couldn’t tolerate them. I could be wrong, but that’s my gut feeling. It also seems like my body produces adequate t4 according to labs, but it’s not converting it properly. So frustrating.

A lot of the days I feel overwhelmed by anxiety. I have always had anxiety, but this is different. It’s like I’m a stranger in my body. I feel like I can’t control the anxiety or completely relax no matter what I do. I have never felt so bad in my life. I’m really hopeful that sharing my experience can help someone else, and in a few months I hope to be able to come back and share that I am feeling completely better! Healing is a journey. I think that’s probably what is so hard is not being able to do something and wake up completely better. I’m going to keep fighting and praying and will make it through this!

If you are struggling from chronic fatigue, anxiety, or overwhelm, please seek out a full thyroid panel at least. I’ve found the four point saliva cortisol test to be very helpful too. The best bet is to look for a functional or alternative medicine doctor.

I am not a doctor, and this is just my personal experience. Please visit a medical professional for any medical questions you may have.

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