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By taking time to pay your debts and improve your credit rating you can make yourself eligible for a good credit rating resulting in mortgage approval. Paying your debts in full will prove you are serious when applying to buy a house

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Q: How might one still buy a house with bad credit?
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Related questions

What if you don't have any credit do you still have a credit score?

Yes you can have credit from before that might be a very bad credit score:(


You have bad credit and on a pension and have no house can you still get a personal loan or credit card with 6000 limit?

yes


How can one buy a house with bad credit?

If one has bad credit then one can only buy a house if one can convince the mortgage lender that one is able to pay for it. This might need proof that one is paying off any debt and clearing the bad credit record efficiently.


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.


What if you have bad credit because of bills not credit card debts?

It is still bad credit history.


Where in Canada can loans for people with bad credit be obtained?

If you are a Canadian citizen but have bad credit there are a number of companies who will still give you might give you a loan including Drivetime, 1 Month Loans, Fast Access and Bad Credit Canada Loans.


Where can one get a credit card for one with bad credit?

If you have bad credit, there are still ways to get a credit card. For those with bad credit, secured credit cards or subprime credit cards might be your only options for getting one. These cards can charge extra fees and may let loaners take your money if you do not pay off the balance.


How can your partner and you get a home loan if we both have bad credit?

You will still be able to get a loan even with bad credit. You will probably have to pay more than someone who has good credit, but you should still be able to obtain a loan. The process is a little more intense and might take a little longer, but it should still be possible.


Can you have your name on a house with bad credit?

People who pay for everything in cash have no credit.


Is a line of credit mortgage bad for your credit score?

A line of credit is not bad by it self. It would be the balance of the line of credit that might raise some questions.


Where can one get a bad credit car loan?

If you have bad credit, there are still many places where you might acquire a car loan. These include sites such as Bad Car Credit, Fowlers Finance and Right Drive. Comparison site Money Supermarket also allows people who have been refused credit or with bad credit history to find car finance products, such as loans and has a search feature tailored to this purpose. Furthermore, it may be worth contacting a financial advisor at your bank to realise how you might improve your credit.


How does the credit system work for automotive?

The automotive system is linked to your overall credit. It is easier to get a loan if you have good credit and your payments will generally be smaller. You can still get a vehicle with bad credit but it might be difficult getting a loan and the payments will be higher.