Bad credit puts you in a hole in any lending situation, and itâs tough because no matter how you try to explain away your low Fico score with circumstances and events beyond your control, the hard fact is you didnât make your payments on time (or maybe at all), and now the credit bureaus are telling lenders to steer clear of you. If you happen to be a home owner, and you need to get some cash out of your house, home equity loans for people with bad credit are going to be nearly your only option
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