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Receiving the money from your loan is easy- it is deposited right into your bank account. They'll also confirm the total amount of fixed income that you simply generate each month. If you do not have good credit, you must at least be able to convince the lenders that you can pay them back the money on time. This means you should have a stable and documented job or income since the maximum signature loan amount for bad credit is 5 times your monthly paycheck. To get an unsecured $50,000 loan, you will need to earn at least $10,000 a month. However, this guideline is usually relaxed for long term bad credit loans. so you can usually negotiate with the loan companies. Just make sure you have no problems paying back the loan money on time. No faxing**;
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