Line of Credit Loan Bad Credit

Written by True Tamplin, BSc, CEPF®

Reviewed by Editorial Team

Updated on March 05, 2023

If you have bad credit it can be difficult to get approved for a line of credit at a traditional lender.

Some alternative lenders, such as online lenders, have less strict credit requirements and may be able to get you what you need.

If you are set on a traditional lender, you may wish to either securitize the loan with collateral or improve your score to get a better rate.

Line of Credit Loans for Bad Credit FAQs

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, view his author profile on Amazon, or check out his speaker profile on the CFA Institute website.

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