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But the situation is often better for people who own their own homes, even if they have bad credit, because there are now Secured Loans options that are very competitive and are made for people with bad credit. Secured loans are great for people who own their own homes but have a bad credit history or a low credit score. Even people with country court judgments and defaults can be considered for these loans. If you don't have any help, it can be hard to get Secured Loans. However, because home owner loans are backed by the borrower's property, lenders are much more likely to offer competitive rates on Secured Loans.
Secured Loans have very competitive interest rates, and there are more bad credit loans available than ever before because more and more reputable lenders are offering this option.
