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Plain Green Loans is a solid Native American lender, they offer one of the lowest interest rates among the 150 plus tribal lending companies. Their $3K installment loan that lasts for six months (structured for six months, but can be repaid early at any point) carries an APR of just over 59% which is high when compared to the old bank lending products and it's higher than a few brick and mortar store lenders, such as Springleaf Financial. But among the other tribal lenders, many of which have 500% to 800% APR's the terms offered by Plain Green Loans are not that bad. [link widoczny dla zalogowanych] Bad credit can affect more than just our ability to borrow money. It can influence our chances of landing a job or renting an apartment. To understand what bad credit is how it's measured and ultimately, how to repair it requires understanding how our financial system measures our credit.
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