Is HELOC the only and good option for someone with low credit score to settle debts? Submitted by jM2me t3_1275rf2 on March 31, 2023 at 1:24 AM in personalfinance 6 comments 3
tharesabeveragehere t1_jecrsfw wrote on March 31, 2023 at 1:43 AM If you're already in collections, your score is screwed to the point where even a secured loan (the HELOC) would be at a high rate. There's zero point in borrowing to pay down debt that's already bad debt. Permalink 3
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