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Poor credit decreases the chances of getting a housing loan. However, many companies offer assistance to those with poor credit and it is never too late to improve one's credit and improve the chances of getting a housing loan.

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Q: Can someone get a housing loan with poor credit?
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Related questions

Where could one get a loan if they have a poor credit score?

There are lots of places where someone can get a loan if he has a poor credit score. Some of these places are Spring Finance, Blemain Finance and Midland Credit.


Where can one find an auto loan with poor credit?

Someone with poor credit can start shopping for an auto loan at a local credit union or bank. However, you may have more luck at a company that specializes in loans for people with poor credit, such as Nationwide Auto Lending or Car Loans for Everybody.


Why do loan sharks often target people with poor credit?

A loan shark is someone that lends people money that would not normally be able to get a loan from a bank due to bad credit ratings. So the reason that a loan shark will often target people with poor credit, is because the person is in desperate "need" of the money.


Where is one able to find a guaranteed home loan even with bad credit?

There is no way to guarantee someone will give you a home loan, but if you have poor credit, you can shop the same home lenders as someone with pristine credit. They will assist you in taking the steps to getting you approved for a home loan.


What mortgage lenders will loan someone with a poor credit history?

In this lending climate there are very very few options if your credit is poor. FHA loans are the most forgiving.


Where can one get a loan or find a loan shark for someone who has very poor credit and is in desperate need?

probably in the ocean if you really want to get killed by a loan shark


Where can someone with poor credit obtain a loan?

Short term loan sharks will normally support people with poor credit scores. But they tend to charge much higher interest rates, an generally hurt more than they help. It is advisable to approach a credit rating agency to repair your credit score, and then approach your local bank for a loan.


Get a 4000 loan with poor credit but good income?

I have a good income but poor credit.


have poor credit need 5k personal loan where do i go?

have poor credit need 5k personal loan where do i go


Where can you get a loan at with bad credit?

For people requiring loans when they have a poor credit rating then they may be able to get a poor credit loan from several companies advertising poor credit loans. Sites such as Tesco Bank and Norton Finance offer loans to people with poor credit.


What are the disadvantages of poor credit loans?

In many cases, the interest rate for a poor credit loan is much higher than a loan you could get with a good credit score. Because of a low score, a business has to take a chance in giving someone a loan (for fear that they may not pay it back), which leads to the higher interest rate.


Where can someone get a debt consolidation loan if they have bad credit?

If you have bad credit, getting a debt consolidation loan from your bank or credit union might be difficult. Some people may not have good credit, but not quite poor credit. If you have no major debts but still have so so credit you might be eligible for a loan from your bank.