Home Equity Line of Credit - Bad Credit

true-tamplin_2x_mam3b7

Written by True Tamplin, BSc, CEPF®

Reviewed by Subject Matter Experts

Updated on March 29, 2023

Get Any Financial Question Answered

You can still get a home equity line of credit (HELOC) even with bad credit.

Because the line of credit is secured by the equity in your home, lenders are more willing to offer lines of credit to riskier borrowers at rates lower than those of traditional loans or lines of credit.

Home Equity Line of Credit - Bad Credit FAQs

true-tamplin_2x_mam3b7

About the Author

True Tamplin, BSc, CEPF®

True Tamplin is a published author, public speaker, CEO of UpDigital, and founder of Finance Strategists.

True is a Certified Educator in Personal Finance (CEPF®), author of The Handy Financial Ratios Guide, a member of the Society for Advancing Business Editing and Writing, contributes to his financial education site, Finance Strategists, and has spoken to various financial communities such as the CFA Institute, as well as university students like his Alma mater, Biola University, where he received a bachelor of science in business and data analytics.

To learn more about True, visit his personal website or view his author profiles on Amazon, Nasdaq and Forbes.

Meet Mortgage Brokerages Serving Your City