Quick Credit Report Repair Before Home Equity Debt Consolidation

A home equity debt consolidation loan involves putting up a home as collateral in order to borrow Cobra payday loans. Home equity is defined as the difference between the value of a property and any mortgage loans that are secured on it. Whilst there was a time when secured home loans were relatively easy to obtain, falling property prices and more stringent lending criteria now represent a considerable obstacle. Some credit report repair is likely to be necessary to get approval for a low cost homeowner loan.