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If you are to divide your portfolio with equal allocations to each of the 10 companies, you have an average annual dividend yield of 4.3%. A quick calculation shows you need about $279,000 to earn $1000 per month, or $12,000 per year, with a 4.3% yield.

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OppLoans is an example of a lender that offers longer-term bad credit installment loans with APRs of 160%, depending on your state. A $1,000 loan with a 12-month term and 160% APR would result in ...

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