Thursday, February 28, 2019

Banks that approve bad credit car loans

The way that you get banks to approve you with bad credit is to take the following steps. You have to have  a job, know your credit score, research different banks that advertise online and offline. Try to get some type of previous bad credit card, to reestablish credit and show you are trying to make payments. You may have to use a relative or friend to offer to co sign for you based on their credit history.

The way that you get banks to approve you for home loans with bad credit are as follows. There are different minimum requirements for various loans. These days a 620 credit score is no longer required for people with poor credit or bad credit history to get approved.  Bad credit home loans are known as sub-prime mortgage loans. FHA loans can allow for people with low credit scores that are as low as 500 to get a home with a 10% down paynment or a credit score of 580 with a 3.5% down payment to make for the home.

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