Bad Credit Loan Guide
Disadvantages of bad credit home equity loans
Home equity loans are loans that are secured by the equity that you have built up in your home.
Equity is the difference between your home’s market value and the amount you owe on it.
Here are the disadvantages of home equity loans:
If you decide that a home equity loan is for you, shop around for the best interest rate and lowest closing costs. These factors often make the difference between a good home equity loan and a great home equity loan.