How To Get A Business Loan With Bad Credit - Unsecured Small Business Finance

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Should I pay off my bad debt before trying to qualify for a mortgage?

Should I pay off my bad debt before trying to qualify for a mortgage?

The short answer is no. Most lenders won't require certain types of bad debt to be paid off in order to qualify the loan.

Paying off bad debt will drop your credit score in most scenarios.

An exception is public records, make sure you pay off your tax liens and your judgements. Most lenders will require these to be paid.

Speak to my team before you make any decisions to pay off any of your bad debt, sometimes we can...

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