2017

Home Equity Loans For Bad Credit: Are They Possible?

Getting a home equity loan is based on how much equity you currently have in your home. Many people assume that because they have spent a decade paying a mortgage they should be able to borrow a lot of money on a home equity loan. Unfortunately, that is not how a home equity loan works. There are other factors at play too, including bad credit. If you want a home equity loan and you have bad credit, you have to first understand how the process works.

Paycheck Advances And Credit Score: 4 Things To Know

A credit score is usually necessary to take out a loan -- but that isn't necessarily true for a paycheck advance or a payday loan. There are some things you need to know about your credit score when taking out a paycheck advance (especially if your credit is important to you), but they aren't the same as other types of loan. 1. A Payday Loan Usually Won't Require a Credit Check If you don't have any credit or if you have a very low credit score, a payday loan is usually the only option.