What's the easiest way to get approved to buy a car with bad credit?
If you own a house, you can choose to take out a home equity loan to finance your new car purchase. Most banks will give you a loan if you refinance your house. ChaCha on!
Answered by George C. -Galleries
About Home Equity Loan
In a home equity loan, the borrower uses the equity in their home as collateral. It's used as a form of insurance for the lender.
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