feasible to have a home loan with bad credit, you may need to come up with a larger deposit although you probably pay higher interest rates and. You will find mortgages created for individuals with woeful credit, plus some lenders specialise in providing these. They are referred to as bad credit mortgages, negative credit mortgages, or sub-prime mortgages.

Keep in mind, you ought to just get a home loan whenever you can pay the month-to-month repayments. With them, you may lose your home if you cant keep up.

What exactly is credit that is bad?

You may think you’ve got bad credit because youve been refused for credit in past times. [Read more…]