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This can be especially helpful if you are facing financial difficulties or are unable to make regular monthly payments. Credit-builder loans: Credit-builder loans are small loans that are designed specifically to help people build or improve their credit. Work with a credit counselor: If you're having trouble managing your credit, you might consider working with a credit counselor.
An unsecured revolving credit line, on the new other hand, is not secured by collateral. One of the credit main advantages is the lower cost.