If you're looking for a bad credit loan/mortgage then you already know (or at least have a suspicion) that your credit is less than perfect. If you're like allot of people, you might not be exactly sure what this means or how credit is determined. Your credit rating is a numerical score that's given to you based upon reports from your previous creditors, who are the people who have issued you a credit line or a loan in the past. If you have made your payments on time, then they send in a positive report and your credit rating goes up. If you have missed payments or defaulted on your debts (meaning you didn't pay them back) then they issue a negative report and your credit rating goes down.
The lower your credit rating score is the more of a risk it's considered to lend you money...after all if you've had problems repaying your debts in the past then it's reasonable for lenders to thing that there's at least a decent chance that you'll have those same problems in the future. This makes it much harder to get loans and credit offers, and the ones that you do get usually have much higher interest rates and require some form of security deposit or collateral.
There is light at the end of that bad credit tunnel...
You can turn that bad credit rating around. All you need is a plan of action to make changes and get back on the good credit track. Call me for a FREE credit evaluation and let me help you get there.