You may be stuck with a few viable options if you have a low credit score and need financial assistance. One option you might not have considered is a home equity line of credit (HELOC). A home equity line of credit (HELOC) is a loan secured by the borrower’s home. This means that the lender has the right to take possession of whatever collateral you have to recoup their losses in the event of a default on the loan. This makes HELOCs a potentially attractive choice for persons with negative credit, as their interest rates are often lower than those of unsecured loans. A minimum amount of equity in your…