Whether you fell prey to the guys handing out credit cards like candy on campus, went shopping too many times or suffered from the bad economy, you probably did some damage to your credit. You can reverse the effects of these steps.
Having poor credit makes financing a home a nightmare. See about getting an FHA loan, which are loans that the federal government guarantees. FHA loans can even work when someone lacks the funds for down payment or closing costs.
Financing homes can be made more difficult if you have bad credit.If you do have poor credit, which has lower standards and makes the federal government your lender in a sense. FHA loans are also great when a borrower doesn’t have the funds for … Read the rest